Sebi News

Sebi slaps 1.6 crore on Kotak AMC’s chief Nilesh Shah and five others

Sebi slaps 1.6 crore on Kotak AMC’s chief Nilesh Shah and five others

New Delhi: Senior Kotak Asset Management Company (AMC) executives, including CEO Nilesh Shah, were fined INR 1.6 crore by the Securities and Exchange Board of India (Sebi) on Thursday for breaking mutual fund regulations by investing in fixed maturity plans of Essel Group firms. The regulator’s adjudicating officer found shortcomings

Big blow to Gautam Adani, SEBI puts Adani Wilmar’s IPO on hold

Big blow to Gautam Adani, SEBI puts Adani Wilmar’s IPO on hold

Mumbai: SEBI has postponed the approval of the IPO of this Adani Group company for the time being. This company of Gautam Adani’s group is the owner of ‘Fortune’, one of the largest edible oil brand in the country. Know what is the reason for this ban. Adani Wilmar Ltd.,