Supreme Court Upholds SEBI's ₹2.1 Crore Penalty on Kotak AMC, Nilesh Shah for Regulatory Violations

14 July 2026 at 7:37 pmNews Studio

#Supreme Court #SEBI #Kotak AMC #Nilesh Shah #Essel Group #Mutual Funds #Regulatory Compliance

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Finance

14 July 2026 at 7:37 pm

Supreme Court Upholds SEBI's ₹2.1 Crore Penalty on Kotak AMC, Nilesh Shah for Regulatory Violations

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Summary

The Supreme Court has upheld SEBI's ₹2.1 crore penalty against Kotak Mahindra AMC and six executives for violating mutual fund regulations, emphasizing the importance of compliance over profits in the industry.

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