India's Eros International down after Indian ministry orders probe
25/07/2023 05:12
** Shares of Eros International Media EROS.NS fall as much
as 3.3% to 18.85 rupees, lowest since July 3
** India's Ministry of Corporate Affairs ordered an
inspection of EROS' accounts, Reuters reported on Monday
** Indian market regulator, Securities and Exchange Board of
India (SEBI), had said in late June it found evidence of
accounting irregularities in EROS
** Since then the stock has tumbled a little over 28%,
including the losses in the current session
(Reporting by Varun Vyas in Bengaluru)
((varunvyas.hebbalalu@thomsonreuters.com))