Archive · 29 Jul 2025
SEBI Bans Four Entities, Fines ₹4 Crore Over Zee Business Tips
Imagine some people knew stock tips before others.
Four entities got secret stock tips before the public did, allowing them to buy and sell stocks, making money when the tips aired on Zee Business.
SEBI, which oversees stock trading, found it unfair.
SEBI banned these entities for two years and fined them ₹4 crore.
This ensures everyone has the same information when trading, making the market fair.
SEBI barred four entities from the securities market for two years.
The entities were fined a total of ₹4 crore.
The entities traded based on advance information of stock recommendations from Zee Business guest experts.
Stock tips were pre-shared, giving select entities an unfair advantage.
Unlawful gains of ₹7.41 crore were made and disgorged in settlement.
- Who
- SEBI, Partha Sarathi Dhar, SAAR Commodities, Manan Sharecom, and Kanhya Trading Company.
- What
- SEBI barred four entities from the securities market and imposed a penalty for insider trading.
- When
- The debarment period starts from the Interim order dated February 08, 2024.
- Where
- The trades occurred in the securities market, influenced by information from Zee Business.
- Why
- To penalize entities for executing trades based on pre-shared information, providing an unfair advantage.
Investors Affected
Pre-selected entities
Information Access
Investors Affected
Regular investors did not have access to the stock recommendations before the pre-selected entities, placing them at a disadvantage.
Pre-selected entities
Pre-selected entities benefited from the early information, creating an unfair trading environment.
- Entities Debarred
- Partha Sarathi Dhar, SAAR Commodities, Manan Sharecom, Kanhya Trading Company
- Debarment Period
- Two years
- Total Penalty
- ₹4 crore
- Source of Information
- Guest experts on Zee Business
- Unlawful Gains
- ₹7.41 crore (disgorged)
