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SEBI bans Sanjiv Bhasin, 11 others from market
Orissa POST
|June 18, 2025
Security Exchange Board of India (SEBI) Tuesday barred Sanjiv Bhasin, a former director at IIFL Securities, and 11 others from the securities markets for indulging in share manipulation in a case pertaining to providing stock recommendations on media channels and other social media platforms, orders impounding of 11.37 crore.
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In its 149-page interim order, the exchange noted that Bhasin was a well-known media guest expert with a huge following on social media. While associated with IIFL as a director or consultant, Bhasin provided stock recommendations through media channels, Telegram, and II-FL platforms.
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