Sebi fines Global Mount, directors Rs 6 lakh

11 Jul 2017

Markets regulator Sebi Tuesday imposed a penalty of Rs 6 lakh on Global Mount Money Research and Advisory and its directors for carrying out unauthorised trading tips. The fine has been levied on the company and its three directors -- Ajay Kumar Gupta, Arpit Kothari and Rajeev Singh Rajput -- for violating the provisions of Investment Adviser Regulations.