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Wilmington Trust's fund has settled allegations of violating Foreign Portfolio Investors (FPI) Regulations by paying Rs 64.35 lakh. The Securities and Exchange Board of India (SEBI) issued a settlement order on November 21, following a showcause notice on April 23, 2024, regarding delays in regulatory status notifications between April 28 and July 11, 2023.
Wilmington Trust
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wilmington trust settles fpi violations for rs 64.35 lakh
17:17 21.11.2024
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