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SEBI Fines Reliance Securities ₹9 Lakh for Rule Violations

Kumari Sonali

SEBI Fines Reliance Securities ₹9 Lakh for Rule Violations:

SEBI (Securities and Exchange Board of India) has imposed a ₹9 lakh penalty on Reliance Securities Ltd (RSL) for breaching stock broker norms and market regulations following an inspection. The action was triggered after a review of RSL’s records and documents by SEBI, NSE, and BSE from April 2022 to December 2023.

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