Bro­kers Told to Liq­ui­date F&O Po­si­tions of Mallya

The Economic Times - - Sports & Economy -

Sebi has di­rected bro­kers to square off all ex­ist­ing open po­si­tions in the eq­uity de­riv­a­tives seg­ment they hold for Vi­jay Mallya and the six for­mer of­fi­cials of United Spir­its. The Sebi di­rec­tive has been sent to bourses on Thurs­day. “The trad­ing mem­bers are ad­vised to square off ex­ist­ing open po­si­tions in the F&Oseg­ment, if any, for the per­sons/en­ti­ties men­tioned in the above or­der and also en­sure that no fresh po­si­tions are cre­ated,” an NSE cir­cu­lar said quot­ing the Sebi di­rec­tive. — PTI

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