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SEBI revokes Karvy Stock Broking's registration for misusing clients' funds

SEBI revokes Karvy Stock Broking's registration for misusing clients' funds

Jun 01, 2023, at 05:01 am

Mumbai: The Securities and Exchange Board of India (SEBI) on Wednesday said it has cancelled the registration of brokerage firm Karvy Stock Broking Ltd (KSBL) due to its improper use of clients' funds and securities, media reports said.