Freeze order escalates: Sebi locks Mehul Choksi’s accounts to recover Rs 2.1 crore; insider trading case triggered crackdown

Friday, 6 June 2025
SEBI has initiated recovery against fugitive businessman Mehul Choksi, freezing his assets after he failed to pay ₹2.1 crore in dues related to insider trading violations concerning Gitanjali Gems shares. Choksi, already facing extradition from Belgium and wanted in connection with the PNB loan fraud, was found guilty of sharing sensitive information.

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SEBI Freezes Mehul Choksi’s Bank Accounts And Investments To Recover Rs 2.1 CroreSEBI Freezes Mehul Choksi’s Bank Accounts And Investments To Recover Rs 2.1 Crore

The amount is related to a penalty imposed on him for violating insider trading rules in the shares of Gitanjali Gems.
Zee News on June 6, 2025

SEBI Freezes Mehul Choksi’s Bank Accounts And Investments To Recover Rs 2.1 Crore

The amount is related to a penalty imposed on him for violating insider trading rules in the shares of Gitanjali Gems.
Zee News on June 6, 2025

Freeze order escalates: Sebi locks Mehul Choksi’s accounts to recover Rs 2.1 crore; insider trading case triggered crackdown

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SEBI Freezes Mehul Choksi’s Bank Accounts And Investments To Recover Rs 2.1 CroreSEBI Freezes Mehul Choksi’s Bank Accounts And Investments To Recover Rs 2.1 Crore

SEBI Freezes Mehul Choksi’s Bank Accounts And Investments To Recover Rs 2.1 Crore