Sebi sends show cause notice to 6 Capital Group FPIs

India’s market regulator Sebi has issued a show cause notice to six Capital Group FPIs for alleged lapses in trade confidentiality. Two traders reportedly shared sensitive order details with Singapore-based Rohit Salgaocar, who then allegedly passed them to market operator Ketan Parekh. This enabled a front-running network to profit from illicit gains.

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