Eros International slumps 20% after India's market regulator bars group entities, MD

Eros International Media

23/06/2023 05:00

BENGALURU, June 23 (Reuters) - Shares of Eros
International Media Ltd  EROS.NS  fell as much as 19.92% to log
the biggest percentage loss in four years after India's market
regulator on Thursday barred the group's managing director,
Sunil Arjan Lulla, and three of the company's entities from the
securities market, citing accounting irregularities.

 (Reporting by Ashish Chandra in Bengaluru; Editing by Dhanya
Ann Thoppil)
 ((ashish.chandra@thomsonreuters.com; +91 7982114624;))