Individual settles case of alleged fraudulent trading with Sebi by paying over Rs 2.3 cr
Business | November 14, 2019 17:17 ISTIt was alleged that a group of financiers provided finance to key operators towards making multiple applications in the IPOs and cornered a large number of shares reserved for retail individual investors (RIIs) and following the receipt of IPO allotment, the shares were transferred by the allottees to the key operators through an off-market transaction