Four entities pay Rs 3 cr to settle front-running trade case with Sebi
Fri, Apr 26, 2024 7:34 PM

Four entities pay Rs 3 cr to settle front-running trade case with Sebi

A Flip by Riya Sharma
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Four entities, including Maxgrow Fintrade, have settled with markets regulator Sebi a case concerning the suspected front-running of trades by paying nearly Rs 3 crore towards settlement charges and agreeing to comply with other conditions. The other three entities that settled the case with the Securities and Exchange Board of India (Sebi) are Bhavin Pankaj Doshi, Nitesh Kumar Jain.

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