In today’s briefing:
- SEBI Indicts, Kotak Mahindra Promotes
SEBI Indicts, Kotak Mahindra Promotes
- SEBI, capital market regulator penalises senior executives of Kotak Mahindra Asset Management Company for serious offenses in June 2022
- The Securities Appellate Tribunal (SAT) stays the penalties but a stay is not an exoneration, final order scheduled on November 10, 2022
- Instead of disciplining senior executives, Kotak Mahindra publicly promotes concerned executives demonstrating contempt for the regulator.
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