In its settlement order, the SEBI stated that a show-cause notice sent to BofA Securities India alleged the firm’s failure to maintain the structured digital database required by insider trading regulations. BofA declined to comment on the settlement order and the allegations.
MF Picks: 13 stocks surge up to 230% in just 3 months; 3 turn multibaggers
Thirteen BSE 500 stocks surged 60%–230% in just over three months after mutual funds increased their holdings in the March 2026 quarter, with HFCL, Cemindia