The Free Press Journal

Nomura Singapore pays Rs 25.35 lakh to Sebi to settle alleged violation of norms

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MUMBAI: Nomura Singapore Ltd has settled with Sebi a case pertaining to alleged incorrect reporting of offshore derivative Instrument­s (ODI) in monthly reports filed with the capital markets regulator. The entity has settled the matter "without admitting or denying the findings of fact and conclusion­s of law" af ter paying Rs 25.35 lakh towards settlement charges, Sebi said in a settlement order passed on Wednesday.

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