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SEBI disposes of adjudication proceedings against three entities, one individual after settlement
As per two separate orders passed on Thursday, it was alleged that the entities had indulged in non-genuine trades and created a false and misleading appearance of trading in the stock options segment of BSE. PTI
SEBI headquarters
SEBI has disposed of adjudication proceedings against three entities and an individual after they settled cases related to alleged fraudulent trading activities in illiquid stock options segment on BSE.
The individual Harish Kumar and Aryav Securities Pvt Ltd have settled the case.
As per two separate orders passed on Thursday, it was alleged that the entities had indulged in non-genuine trades and created a false and misleading appearance of trading in the stock options segment of BSE.