India, May 30 -- Capital markets regulator Sebi on Friday imposed penalties totalling Rs 28.95 crore on Suzlon Energy Ltd, its Chairperson-MD Vinod R Tanti, and three others for allegedly misleading investors about the company's financial performance over several years.

In a 96-page order, Sebi said Suzlon Energy Ltd's financial statements failed to present a "true and fair view" of the profitability, net worth, leverage, financial exposure and risk profile.

Accordingly, the regulator imposed a fine of Rs 15.95 crore on Suzlon Energy Ltd (SEL), Rs 5.75 crore on Vinod R Tanti, Rs 5.45 crore on Girish R Tanti, Rs 1.5 crore on former Chief Financial Officers Kirti J Vagadia and Rs 30 lakh on Amit Agarwal.

Both Vinod R Tanti and Girish R T...