Sep 13, 2024 · Penalties Imposed: SEBI has imposed penalties totaling Rs 15.34 crore on Karvy Stock Broking and Rs 9.44 crore on Parthasarathy. Asset Attachment: The regulator has …

The Securities Appellate Tribunal has allowed Karvy Stock Broking's plea against market regulator SEBI, which had ordered the broking firm to 'disgorge' alleged illegal gains made in …

Aug 20, 2021 · Hyderabad-based Karvy Group flagship Karvy Stock Broking (KSBL) pledged securities lying in the demat accounts of its clients, without their permission, to raise funds …

Nov 26, 2019 · Last Friday, the capital market regulator, Securities and Exchange Board of India (SEBI) issued an interim order that banned Karvy Stock Broking from enrolling any new clients.

Aug 8, 2022 · In November 2020, Karvy Stock Broking Ltd (KSBL), from its pool account, took hundreds of shares from dormant demat accounts. Dormant demat accounts are those that …

Dec 1, 2020 · Many of Karvy’s over 2.40 lakh clients had complained to the regulator about money and securities not coming to their trading accounts. Karvy allegedly misused client …

Jan 4, 2025 · Capital markets regulator Sebi has disposed of a show cause notice issued to Karvy Capital Ltd and its key management personnel after finding no violations of alternative …

Mar 27, 2023 · The financial service businesses of the Karvy Group is positioned among the top-five financial businesses in the nation over its business area and its broking services also rank …

Here's how Karvy Stock Broking "almost" dodged regulatory lens. SEBI got wind of the goings on at Karvy in mid-October when the brokerage used clients funds for proprietary trading.

Nov 26, 2019 · On November 22, the Securities and Exchange Board of India (Sebi) banned Karvy Stock Broking Ltd (KSBL) from taking fresh business for allegedly misappropriating …