The promoters' lawyers will appeal against the order and its baseless findings at the Securities Appellate Tribunal, NDTV said in a statement
NDTV said the order is based on an inaccurate assessment of facts.
The move relates to a probe conducted by the markets regulator Sebi between September 2006 and June 2008 where violations of insider trading regulations were found
It is alleged that the company floated 32 subsidiaries in several tax haven countries to bring foreign funds to India through sham transactions
The Roy couple has also been been barred from holding a board or key managerial position at any other listed company
CBI registered a case for causing an alleged loss to ICICI Bank to the tune of Rs 48 crore