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Shareholders of ICICI Securities claimed on social media that the bank s executives contacted them directly, asking them to vote in favour of the resolution that proposes to delist the broking subsidiary. Lawyers and market participants said such alleged actions could result in regulatory scrutiny of the voting process.
The securities appellate tribunal (SAT) on Thursday quashed the insider trading order issued by Securities and Exchange Board of India (SEBI) against New Delhi Television Ltd (NDTV) s former promoters Dr Prannoy Roy and Radhika Roy. In November 2020, SEBI had asked the Roys to disgorge Rs16.97 crore, the money earned through insider trades while barring NDTV and the company s key executives from the securities market.