Groww Invest Tech pays Rs 47.85 lakh to Sebi, settles regulatory lapses case
Business 14 May, 2025

Groww Invest Tech pays Rs 47.85 lakh to Sebi, settles regulatory lapses case

Business Aajkal, NEW DELHI, 14 May 2025: Groww Invest Tech has settled a case with the Securities and Exchange Board of India (SEBI) related to alleged violations of stock broker rules and other regulations. The company paid Rs 47.85 lakh as part of the settlement.
The settlement was formalized after Groww filed an application with SEBI, agreeing to the terms without admitting or denying the allegations. SEBI's Adjudicating Officer Amit Kapoor stated that, upon acceptance of the settlement, the adjudication proceedings initiated against Groww were disposed of.

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