Sebi has de-frozen Sanjiv Bhasin’s trading and demat accounts after he deposited Rs 1 crore, complying with SAT’s directive. The former IIFL director remains under investigation for alleged stock manipulation involving profit-making trades before media recommendations. In the appeal filed before SAT, Bhasin said that the maximum profit alleged to have been made is Rs 62.75 lakhs even if the calculation made by Sebi is taken at the highest.
Varun Beverages shares jump 3% after Q1 PAT rises 15%, revenue grows 20%
Varun Beverages reported a 15% profit and 20% revenue increase in Q1 FY2027. Consolidated sales volumes grew by nearly 20% driven by India and international