SEBI Bans 9 Entities For Generating Illegal Gains Of Rs 21.16 Crore
Markets regulator Sebi has uncovered a front-running scheme involving PNB MetLife India Insurance Company equity dealer Sachin Bakul Dagli and eight other entities, who generated illegal gains of Rs 21.16 crore. The front-running by these entities continued for more than three years. Sebi, through an interim order, prohibited Sachin Bakul Dagli and eight other entities…