Three entities settle AIF rule violation case with Sebi
Thu, Feb 1, 2024 12:28 PM

Three entities settle AIF rule violation case with Sebi

A Flip by Shubhangi Gupta
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Sebi received a fee of Rs 22.75 lakh from three entities - Oneil Capital Trust, Oneil Capital Management India, and Anupam Singh - to settle a case of investment limit breach by Oneil Quant Fund. After the settlement, the regulator ordered that the proceedings against them are settled. Sebi observed that the fund violated the concentration limit for two companies.

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