The regulator in August 2015 had asked chairman, Jhunjhunwala to disgorge amount of over Rs 98 lakh along with 10 per cent interest in a case related to insider trading violations.
In a fresh order passed on Thursday, Sebi said "Noticee (Jhunjhunwala) has completely disregarded the directions of Sebi order August 2015 and... attracts penalty".
Accordingly a fine of Rs 5 lakh was imposed on him.
In a two separate orders, Sebi imposed a fine of Rs 5 lakh on Prakash Varma and Rs 3 lakh on Ventura Securities for violating Stock Brokers norms.
The entities violated the stock brokers norms by granting trading terminal in the name of one Sudha Sharma and allowed other employees to execute trades in place of her in derivatives segment without mandated certification.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)