Sebi weighs easier unified penalty rules for listed cos

Explores framework like the one for brokers that standardized and reduced fines

- Srushti Vaidya & Apoorva Ajith

The Securities and Exchange Board of India (Sebi) is examining whether the recently introduced common penalty framework for stock brokers can be extended to companies listed on stock exchanges, chairperson Tuhin Kanta Pandey said.

In October, the market regulator rationalized the process of levying penalties on stockbrokers, who often hold memberships across multiple exchanges and risk facing duplicate penalties for similar violations.