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SEBI v. unnamed respondents (front running, 2026)

Judgment entered

Not yet checked against the primary document — tags and figures are mechanically extracted and may contain errors. Read the primary document before relying on any figure here. Report a correction or see the editorial policy.

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To be completed from the SEBI order. SEBI adjudication order published 2026-11-06: Adjudication Order in the matter of trading activities of certain client of Inventure growth and Securities Limited suspected to be Front Running to the trades of Axis Mutual Fund

The record

Structured fields for this action, as recorded in our case library.
Agency SEBI (India)
Date filed 2026-11-06
Court SEBI adjudicating officer
Status judgment
Criminal parallel No
Defendants
Techniques Front running

What was ordered

Civil penalty
—
Disgorgement
—
Prejudgment interest
—
Total relief
—
Alleged gain
—
Penalty as published
300k INR

A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars. This regulator states penalties in INR. The figure is recorded as published and is not converted, so it does not appear in the USD totals or medians used elsewhere on this site.

What is alleged to have happened

To be completed from the SEBI order. This record is a skeleton created from the SEBI enforcement-orders listing and the order PDF: the date, title, respondents as titled and a provisional technique tag come from the listing and a keyword pass over the order text, and nothing here has been read by a person. Replace this paragraph with an account of what SEBI found and ordered, written from the order.

What technique is this, and how does it work?

This action is tagged with one technique in our taxonomy. The tagging is ours: regulators charge statutory provisions, not technique names, so the mapping is an editorial judgement described in our editorial policy.

Timeline

  1. 2026-11-06 SEBI adjudication order published

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

The linked release is published by the issuing regulator under its own terms. Our summary and narrative above are our own writing.

Other actions in the library sharing at least one technique tag with this one.

Action Agency Filed Technique Penalty Status
SEBI v. Bhavik Indravadan Shah and others (front running a broker client, 2026) SEBI (India) 2026-08-19 Front Running — judgment
SEBI v. Madhav Stock Vision Pvt. Ltd. and others (front running a large institutional client, 2026) SEBI (India) 2026-07-24 Front Running — judgment
SEBI v. Prijesh Kurani and others (front running a broker's client orders, 2026) SEBI (India) 2026-04-30 Front Running — judgment
SEBI v. Ashok Maheshwari and others (front running a portfolio manager's trades, 2026) SEBI (India) 2026-04-27 Front Running — judgment
SEBI v. Vishvanath Goswami and others (front running a foreign fund's trades, Chaturvedi group, 2026) SEBI (India) 2026-03-27 Front Running — judgment
SEBI v. Sunny Bhatia and others (front running Sarvottam Securities trades, 2026) SEBI (India) 2026-03-24 Front Running — judgment

Record added November 10, 2026. submit a correction.