Groww settles SEBI case for Rs.47.85 lakh
Written by: Planify
Published: 19 May 2025
Updated: 19 May 2025
1 min read
Investment platform Groww settled a case with SEBI, paying Rs.47.85 lakh over regulatory lapses. Issues included incorrect client statements, offering non- securities services like UPI, annual instead of half-yearly Business Continuity Plan reviews, and surveillance framework inadequacies. This highlights SEBI's focus on stringent compliance for fintechs.
Stay Connected, Stay Informed –
Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.
Pre Ipo
Upcoming IPO
Unicorn
Planify Enterprises Private Limited
Planify Capital Limited
Licensed By
Mutual Fund License No.:
ARN-164419
IRDA Code (1):
ABLIC1003123454
IRDA Code (2):
ABLIC1003131639
Startup India Certificate No.:
DIPP93786
Other Websites
Address
MiQB, Plot 23, Sector 18, Maruti Industrial Development Area, Opposite VLCC corporate office, Gurugram, Haryana 122015
ⓒ 2016-2026 Planify. All rights reserved, Built with
in India
