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The amount recovered by Sebi includes "interest and cost towards full and final settlement".
The banks, depositories -- NSDL and CDSL -- and mutual funds are directed to "release the bank accounts/ lockers, demat accounts and mutual fund folios" of Lakshmi Rajan, Sebi said in an order dated November 10.
Sebi's attachment ruling against the individual had come after she failed to pay a fine imposed on her by the regulator in 2014 for violating capital market norms in the matter of Arunjyoti Enterprises Ltd.
Till last month, the pending dues against Lakshmi Rajan included an initial fine of Rs 5 lakh imposed on her, a 12 per cent per annum interest on it from March 2014 till October 2017 amounting to Rs 2.14 lakh and a recovery cost of Rs 1,000.
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