Sebi absolves two in UTI ETF Case
Charges against Keyur Jagdishbhai Kakrecha, Mohammad Sadik Abdulkader Malek have not been established
 "Sebi absolves two in UTI ETF Case")
It stated that charges against Keyur Jagdishbhai Kakrecha and Mohammad Sadik Abdulkader Malek have not been established.
The price of the ETF had risen from Rs 660 on August 3, 2011 to Rs 2,054 on November 4, 2011.
The combined value of the trades executed by the two was less than Rs 4,000.