Sebi uncovers front-running case, cracks the whip again on Ketan Parekh
Mint New Delhi|January 03, 2025
The regulator debarred Parekh from dealing in the securities market till further investigation is completed
- Neha Joshi

India's market regulator said it has uncovered an alleged front-running scheme involving Ketan Parekh—convicted in 2008 for stock market manipulation—and others. The regulator impounded unlawful gains worth ₹65.77 crore from those involved and debarred Parekh from dealing in the securities market till further investigation is completed.

Parekh and Rohit Salgaocar, through his company, orchestrated "illicit" trades based on confidential, non-public information related to stock orders from a US-based foreign portfolio investor (FPI), referred to as "Big Client," according to the Securities and Exchange Board of India (Sebi).

この蚘事は Mint New Delhi の January 03, 2025 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Mint New Delhi の January 03, 2025 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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