Pump-and-dump operation : Sebi bans 221 entities for up to 7 years ; Hanif Shekh fined Rs 10 cr

Sebi has taken significant action against a large-scale pump-and-dump operation, imposing a barring on 221 parties, including the alleged ringleader Hanif Shekh, from participating in the securities market for up to seven years. An imposing fine of Rs 10 crore was also levied. Between 2017 and (…)