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Sebi bans individual from securities markets for 5 years
![IndiaTimes]()
Sunday, 22 October 2023
The Securities and Exchange Board of India (Sebi) has banned an individual from the securities markets for five years and imposed a fine of Rs 30 lakh for violating regulatory norms. The individual, Mohit Manghnani, has also been prohibited from holding key positions in listed public companies or Sebi-registered intermediaries for five years. The order came after the markets watchdog had passed an ex parte order against Manghnani and the latter approached the Securities Appellate Tribunal (SAT).
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Sunday, 22 October 2023
