Sebi is currently vested with powers equivalent to that of a civil court and passes penalty orders against entities that commit market offences. However, if it wants to initiate criminal prosecution against any such market perpetrators, it has to go through the regular courts. In the past few years, Sebi hasn’t used its prosecution powers too often.
Sonata Software sinks 15% as Q3 profit drops sequentially on margin erosion
Sonata Software shares plunged 15.1% after reporting a 1.4% sequential decline in Q3 profit to Rs 105 crore, impacted by margin erosion due to a
February 7, 2025