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After SEBI order, Sahara says it had willfully surrendered sub-broker licence two years back
On March 3, Sebi passed an order cancelling the certificate of registration of SIFCL as a sub-broker citing its failure to fulfill the fit and proper criteria
PTI | March 7, 2021 | Updated 17:54 IST
On March 4, the group wrote to Sebi saying that on October 3, 2018, SIFCL had surrendered the sub-brokership license to IDBI Capital
Days after Sebi cancelled Sahara India Financial Corporation Ltd s (SIFCL) certificate of registration as a sub-broker citing non-compliance with fit and proper criteria, Sahara India on Sunday said the company had willfully surrendered the licence two years back.