The search operation will cover brokers at more than 12 premises in Mumbai, Gandhinagar, Delhi, Noida, Gurugram and Kolkata, among other cities
Subramanian approached the tribunal after Sebi passed an order on February 11, wherein it imposed a penalty of Rs 2 crore on him for alleged governance...
The regulator, through an order passed on February 11, levied a fine of Rs 2 crore Subramanian in the matter of governance issues at the exchange.