SEBI Bars 2 Operators For Cheating Investors, Orders Them To Return Rs 4.83 Crore | Economy News
New Delhi: The Securities and Exchange Board of India (SEBI) has barred two operators — Shivprasad Pattiya and Alkesh Narware — for three years, alleging that they fraudulently created artificial volume in illiquid stocks options and cheated investors, and directed them to return Rs 4.83 crore (with 12 per cent from February 1, 2022) within…