January 27, 2022 3:37 pm
The Enforcement Directorate (ED) had earlier frozen share holding of Parthasarathy worth around Rs 700 crore and is investigating the money trail to trace the proceeds of crime which are close to around Rs 2000 crore.
September 03, 2021 10:10 am
The accused have been arrested following a complaint by the vice-president of IndusInd Bank where he has alleged that KSBL defaulted in repayments of about Rs 137 crore.
August 25, 2021 11:10 am
The Cyberabad police has registered a fresh case against KSBL for allegedly duping another bank of Rs 563 crore.
November 25, 2020 12:39 am
Karvy has also been prohibited from alienating any of its assets, except with prior permission of the NSE till the settlement of claims of investors.
December 01, 2020 12:52 pm
Stock exchange officials say all the existing clients of KSBL would have either got their securities back and got it transferred to another brokerage firm or would have received the value of their securities into their bank accounts.
November 24, 2020 2:02 pm
The move effective from November 23, was taken as the broker failed to comply with NSE guidelines, National Stock Exchange (NSE) said in a circular.
November 17, 2020 6:19 pm
Investors with fund balances up to Rs 30,000 due from Karvy Stock Broking Ltd have been settled.
January 15, 2020 4:29 pm
Axis Bank had moved Securities Appellate Tribunal (SAT) seeking the shares pledged by Karvy Stock Broking Ltd (KSBL) to the lender be unfrozen, so that it can invoke the pledges.
December 05, 2019 3:29 am
In the case of Bajaj Finance which first approached SAT, the Tribunal, on Tuesday, asked Sebi to hear the financier latest by Wednesday, and directed Sebi to pass a fresh order by December 10.
December 03, 2019 3:21 pm
The move comes a day after the market regulator Sebi's directive to NSDL to transfer the investors' securities, held by Karvy Stock Broking Ltd (KSBL), in their respective accounts.