Sebi fines Rs 51 lakh on 8 entities for violating regulatory norms
The order came after Sebi received a complaint from ICICI Securities Ltd alleging, inter-alia, that certain short message services (SMSs) were being circulated, recommending the purchase of the shares of Ejecta Marketing Limited (EML).
In a separate order, SEBI imposed fines totaling Rs 4 lakh on 3 entities for flouting insider trading rules and takeover regulations in the matter of Gokul Solutions Ltd. Pic: Reuters