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LIC front-running case: The list includes Yogesh Garg, his mother Sarita Garg, his mother-in-law Kamlesh Agarwal, Ved Prakash HUF and Sarita Garg HUF. HUF stands for Hindu undivided family.
Sebi on Thursday barred five entities, including an employee of Life Insurance Corporation of India (LIC), from the securities market and impounded illegal gains of Rs 2.44 crore made by them, in a case pertaining to front-running the trades of the state-owned insurer.