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Brief
The Securities and Exchange Board of India has issued an adjudication order against LCC Infotech Limited for violating various regulatory provisions. The company has been penalized a total of ₹6,00,000, with individual penalties ranging from ₹1 lakh to ₹1 lakh, due to non-compliance with accounting standards and disclosure requirements. The violations include misrepresentation of financial statements, failure to provide related party transactions, inadequate risk management, and non-compliance with SEBI regulations.
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