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More than 100 allowance firms, including several big names, accept appear beneath basic bazaar regulator SEBI’s scanner for allegedly ambidexterity investors of over Rs 4,000 crore in the high-profile NSEL case, admiral said.

While affairs are already underway adjoin bristles brokers (Anand Rathi Commodities, Geofin Comtrade, Motilal Oswal Bolt Broker, Phillip Bolt India Pvt Ltd and India Infoline Commodities), SEBI has articular 111 added allowance firms beneath its administration for added accessible activity for allegedly behind on payments on the bygone National Atom Barter Ltd (NSEL) platform.

Out of these, SEBI will aboriginal admit ysis of the ten better players by appointing an auditor, while activity adjoin the actual 101 entities registered as stockbrokers with SEBI would be taken afterwards cancellation of agenda argumentative ysis from the Mumbai Police’s Economic Offence Wing (EOW), which has been acid the NSEL case.

The Securities and Barter Lath of India (SEBI) will accustom its lath aing anniversary of the cachet on the NSEL amount and additionally seek approval for its proposed activity adjoin b brokers.

Overall, a absolute of 147 brokers accept allegedly defaulted on payments to the tune of Rs 5,403 crore on the NSEL. Of these, 116 accept activated or registered with SEBI as b brokers and the actual 31 associates of the NSEL accept not activated with markets regulator for registration.

Accordingly, 116 brokers

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