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SEBI Levies Rs1 Lakh Penalty on Infosys Ex-Employee for Insider Trading

Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 1 lakh on an ex-employee of Infosys for violating the model code of conduct in a case related to shares of Infosys.

FIR Filed Against Anugrah Stock & Broking, Tejimandi, NSE & Its Top Executives, Edelweiss and CDSL

SEBI to Revoke Licence of Brickwork Ratings, Bar 2 Former Executives of CARE Ratings: Report

Market regulator Securities and Exchange Board of India (SEBI) is about to initiate action and revoke the license of credit rating agency (CRA) Brickwork Ratings India Pvt Ltd, says a report quoting two people with knowledge of the development.

SEBI Imposes Rs 12 Lakh Penalty on Infosys Ex-employee for Insider Trading

SEBI Imposes Rs 12 Lakh Penalty on Infosys Ex-employee for Insider Trading
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SEBI Imposes Rs10 lakh Penalty on Karvy Financial Services

SEBI Imposes Rs10 lakh Penalty on Karvy Financial Services Moneylife Digital Team 30 July 2021   Karvy Financial made public announcement for open offer with a delay of 81 days, in violation of Substantial Acquisition of Shares and Takeovers (SAST) norms.    SEBI’s investigation revealed that Karvy had extended a loan amount of Rs7 crore to Regaliaa whose promoters had pledged 55.56% of the paid-up share capital in favour of Karvy, in addition to the securities for availing the loan. Karvy invoked the pledge as the firm defaulted on payment of instalments. This took Karvy’s shareholding in the company to 55.56%, thereby breaching the threshold of 25% as stipulated under SAST norms.

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