
The Securities and Exchange Board of India (SEBI) has imposed a trading ban on a small and medium enterprise (SME) company and its directors, citing financial irregularities. This action comes approximately ten months after the company's listing. The ban is set to take effect on February 11, 2025, as indicated by market alerts. In addition to this ban, SEBI has proposed a new framework to address over Rs 500 crore of unclaimed investor assets held by stock brokers. Furthermore, SEBI is launching a platform named MITRA to assist in tracing inactive mutual fund folios, which will be managed by CAMS and KFin Tech. These developments reflect SEBI's ongoing efforts to enhance market regulation and investor protection.


🚨 Moneycontrol scoop confirmed! #MarketsWithMC | Big relief to Research Analysts: SEBI proposes extending period for advance-fee collection to a year Read for more👇 https://t.co/7tydvE4Tra #SEBI #Markets | @ashasm
[LISTEN] JSE warns 4.5 billion in dividends remains unclaimed. 🔗https://t.co/L1Yz4r4lsh #UpdateAtNoon #sabcnews https://t.co/Zrd1faxLJp
#MCExclusive | 🚨 Research Analysts likely to get relief on advance fee collection, limit may rise from 3 months to a year: Sources More details here👇 https://t.co/I2zzQXNLf4 #SEBI #StockMarket #MarketsWithMC | @ashasm