SEBI Settlement: SBICAP Trustee Company Ltd Agrees To Rs 25.08 Lakh Payment Over Regulatory Violations

Rajesh Kumar

6 July 2024 11:15 AM IST

  • SEBI Settlement: SBICAP Trustee Company Ltd Agrees To Rs 25.08 Lakh Payment Over Regulatory Violations

    SBICAP Trustee Company Ltd, a subsidiary of SBI Capital Markets Ltd, has reached a settlement with the Securities and Exchange Board of India (SEBI) concerning alleged violations of debenture trustee regulations. The settlement, prompted by an application from SBICAP to SEBI, requires the company to make a payment of Rs 25.08 lakh. The resolution pertained to SEBI's issuance of a...

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