SEBI Issues Warning to ICICI Securities

  • Market regulator SEBI issued an administrative warning to ICICI Securities.
  • The warning follows an inspection of the company's merchant banking activities in December 2023.
  • The specific details of the non-compliance haven't been disclosed by SEBI or ICICI Securities.
  • ICICI Securities claims the warning has no impact on its financial operations or other activities.
  • This is the second time in recent months SEBI has issued a warning to ICICI Securities.

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