SEBI has fined Basant Maheshwari Wealth Advisers firm for violating IA rules with activities like dual charging and ...

The market regulator, Securities and Exchange Board of India has imposed Rs 4 lakh fine on Basant Maheshwari Wealth Advisers. The company is accused of breaking rules about fees and using misleading ...

SEBI said Basant Maheshwari Wealth Advisers charged fees from the same client using both the modes, which is a violation of the Regulation 15A of SEBI (Investment Advisers) Regulations.

The order should serve as a warning or provide clarity to various registered entities who are known to follow a similar format, say market insiders.

Sebi highlighted multiple lapses, including the firm's failure to conduct an annual audit and its practice of charging clients fees in both fixed and assets-under-advice (AUA) modes ...

Sebi has imposed a penalty of Rs 4 lakh on a financial advisory firm Basant Maheshwari Wealth Advisers Llp, as per media reports. According to Sebi, the firm used "exaggerated captions" on its ...

Indian market regulator, the Securities and Exchange Board of India, recently went hard on regulatory violations, striking ...

SEBI imposed penalties totaling Rs 35 lakh on seven entities for non-genuine trades in BSE's illiquid stock options, creating artificial volume. Additional penalties were levied on a research analyst ...