GENERAL9 Sept 2026
SEBI lifts trading ban on JPMorgan unit after Rs 2.96 crore deposit: Report
The Securities and Exchange Board of India, or SEBI, has lifted its trading ban on Copthall Mauritius Investment Ltd, a JPMorgan unit, after the firm deposited Rs 2.96 crore. Mansi Share and Stock Broking also deposited its alleged unlawful gains. Both entities faced accusations of market manipulation in an August interim order. With the deposits made, the regulator has let them resume normal trading.
Key Statutory Highlights
- SEBI lifted the trading ban on Copthall Mauritius Investment Ltd, a JPMorgan unit, after it deposited Rs 2.96 crore.
- Mansi Share and Stock Broking also deposited its alleged unlawful gains to SEBI.
- Both entities had been accused of market manipulation in an August interim order.
Actionable Advice for Taxpayers / Founders:If you deal with or invest through these entities, check SEBI's official order for the exact terms of the lifted ban before making any decisions.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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