Four entities pay Rs 3 cr to settle front-running trade case

Four entities pay Rs 3 cr to settle front-running trade case with Sebi

Apart from the settlement amount, the Sebi's committee formulated other conditions to settle the case. These included disgorgement of 'unlawful gain' of Rs 85.12 lakh to be paid jointly and severally along with voluntary debarment for a period of six months from the securities market by each applicant.

Related Keywords

Bhavin Pankaj Doshi , Maxgrow Fintrade , Nitesh Kumar Jain , Satish Shah , Aditya Birla Mutual Fund Or Big Client , Aditya Birla Mutual Fund , Exchange Board Of India Sebi , Exchange Board , Show Cause Notice , Unfair Trade Practices , Big Client ,

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