SEBI Imposes Penalty of Rs36 Lakh on PGIM AMC, CEO Ajit Menon & Fund Managers For Inter-scheme Transfers During Credit Crisis
Securities and Exchange Board of India (SEBI) has imposed a penalty totalling Rs36 lakh on five entities -- including PGIM Asset Management Company and its chief executive officer Ajit Menon -- for flouting mutual funds norms while executing Inter-Scheme Transfers (ISTs).
Kumaresh Ramakrishnan Puneet Pal Nilesh Shah Ajit Menon Duration Fund To Medium Term Power Finance Corporation
Source: moneylife.in