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The Economic Times
The Economic Times
Akash Podishetti

Angel One settles Sebi proceedings over lapses in monitoring authorised persons, pays Rs 4.28 crore

Angel One SEBI

Brokerage firm Angel One has settled adjudication and enquiry proceedings initiated by capital markets regulator Sebi after paying a settlement amount of Rs 4.28 crore, according to a settlement order issued by the regulator on Monday.

The proceedings related to alleged lapses by the company in monitoring and supervising the activities of two authorised persons (APs), Deepankar Barman and Nadella Srinivas Rao.

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