Tag: sebi bans entities

Sebi Bans 8 Entities From Securities Market

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Sebi Bans 8 Entities From Securities Market

New Delhi: Regulator Sebi on Monday barred eight entities from the securities market and impounded illegal gains of Rs 4.82 crore made from their alleged front-running activities. Front-running refers to an illegal practice in the stock market where an entity trades based on advanced information from a broker or analyst before the information has been…

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SEBI Bans 9 Entities From Market For Generating Illegal Gains Of Rs 21.16 Crore

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SEBI Bans 9 Entities From Market For Generating Illegal Gains Of Rs 21.16 Crore

Sebi has restrained these entities “from buying, selling or dealing in securities.” (File) New Delhi: Markets regulator Sebi has uncovered a front-running scheme involving PNB MetLife India Insurance Company equity dealer Sachin Bakul Dagli and eight other entities, who generated illegal gains of Rs 21.16 crore. The front-running by these entities continued for more than…

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