 "Sebi")
Six entities have settled with the market regulator Securities and Exchange Board of India (Sebi), cases of alleged fraudulent trading in ECE Industries’s shares, by paying over Rs 1.5 crore towards settlement charges.
The entities are Prakash Kumar Mohta, Prakash Kumar Mohta (HUF), Jayantika Jatia, Maitreyi Kandoi, Moulishree Gani and Pratibha Khaitan.
They were alleged to have violated the Delisting of Equity Shares Regulations and the Prohibition of Fraudulent and Unfair Trade Practices norms, Sebi noted in separate settlement orders.
Sebi noted that ECE Industries came
