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In a big reprieve to L&T Investment Management Ltd, market regulator Securities and Exchange Board of India (SEBI), disposed of adjudication proceedings for not updating research reports regularly or as per the availability of updated financial statements of the investee companies.
In a big reprieve to L&T Investment Management Ltd, market regulator Securities and Exchange Board of India (SEBI), disposed of adjudication proceedings for not updating research reports regularly or as per the availability of updated financial statements of the investee companies.
Sebi has issued a show-cause notice to L&T Mutual Fund over its lack of transparency regarding fund management decisions