Dewan Housing Finance Corporation: The order came after Sebi conducted an investigation into the transfer of shares held by DHFL in DHFL Pramerica Life Insurance (erstwhile DLF Pramerica Life Insurance) to its wholly-owned subsidiary DHFL Investments and other related transactions.
The Securities and Exchange Board of India (SEBI) has imposed fines of INR2m ($27,441) on two former Dewan Housing Finance Corp promoters for violating disclosure norms. The SEBI imposed a penalty of INR1m each on Kapil Wadhawan and Dheeraj Wadhawan for failing to disclose full details about a transaction involving shares held by the company.
NSE co-location case: SEBI slaps Rs 18 lakh fine on two trading members
The two entities were among the trading members that were identified for comprehensive investigation for primary and secondary server connects
PTI | April 16, 2021 | Updated 21:04 IST
Fines of Rs 12 lakh and Rs 6 lakh have been imposed on CPR Capital Services and PRB Securities
Markets regulator Sebi on Friday slapped fines totalling Rs 18 lakh on CPR Capital Services Ltd and PRB Securities Pvt Ltd for various violations with respect to using National Stock Exchange s co-location facility.
There were allegations of preferential access to Tick-By-Tick (TBT) data feed being given by the exchange to certain trading members, following which Sebi probed the matter. The two entities were among the trading members that were identified for comprehensive investigation for primary and secondary server connects.
Markets regulator Sebi on Friday slapped fines totalling Rs 18 lakh on CPR Capital Services Ltd and PRB Securities Pvt Ltd for various violations with respect to using National Stock Exchange s co-location facility. There were allegations of preferential access to Tick-By-Tick (TBT) data feed being given by the exchange to certain trading members, following which Sebi probed the matter. The two entities were among the trading members that were identified for comprehensive investigation for primary and secondary server connects. Fines of Rs 12 lakh and Rs 6 lakh have been imposed on CPR Capital Services and PRB Securities, respectively, Sebi said in two separate but similarly-worded orders on Friday.