Sebi news and archive

Digjam promoters settle compliance case with Sebi

Four promoters of textile firm Digjam have made a payment of Rs 13.27 lakh as settlement towards a matter related to delay in compliance of disclosure rules with market regulator (Securities and Exchange Board of India) Sebi. As per Sebi, Digjam promoters - Janardhan Trading Co, Central India General Agents, Birla Holdings and Sukriti Education...

Apparel

Pantaloon settles investor grievance case with Sebi

Capital market regulator Securities and Exchange Board of India (Sebi) has agreed to settle a case related to Pantaloon Retail failing to redress investor grievances after the company agreed to pay Rs 7.5 lakh towards settlement charges and legal costs. Sebi had passed an order on October 2011, where it had imposed a penalty of Rs five lakh on...

Apparel

SAT dismisses Pantaloon’s plea against Sebi

The Securities Appellate Tribunal has disposed an appeal by Pantaloon Retail against an order by market regulator Sebi, as the company has settled the case through consent order mechanism. “The consent proceedings have already been completed and the appellant (Pantaloon Retail) has complied with the terms of the consent order. In view of the...