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OPG Securities fined ₹5.2 crore in co-location case
Financial Express Lucknow
|April 03, 2025
SEBI ON WEDNESDAY imposed a penalty of ₹5.2 crore on stock broker OPG Securities and its directors for unfair access to secondary market servers in connection with the NSE co-location issue.
They have been directed to pay the fine within 45 days.
In its 25-page order, Sebi levied a fine of ₹5 crore on OPG Securities and its directors — Sanjay Gupta, Sangeeta Gupta, and Om Prakash Gupta — jointly for engaging in unfair trade practices.
Additionally, Sebi imposed a fine of ₹10 lakh each on OPG Securities and Sanjay Gupta for non-compliance with the regulator's code of conduct and hampering the investigation, respectively.
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