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Business - Economy - January 9, 2025

Siblings settle front-running case, pay Rs 91 lakh

Siblings settle front-running case, pay Rs 91 lakh

Deven Sangoi and his sister Meghana Gosar settled a front-running case with the Securities and Exchange Board of India by paying ₹91 lakh. They agreed to a six-month voluntary debarment from the markets. The regulator found evidence of front-running involving 266 equity trades and 76 equity derivatives trades during its probe.

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