5paisa Capital Receives SEBI Show Cause Notice on Investment Adviser Registration

5paisa Capital Ltd has received a Show Cause Notice (SCN) from SEBI regarding the expiry of its Investment Adviser registration. SEBI alleges the company failed to pay renewal fees as per regulations, potentially leading to cancellation or suspension of its registration. The company stated the financial impact is currently unquantifiable and will respond promptly to SEBI, providing further updates as material developments occur. This notice stems from alleged non-compliance with fee payment requirements under SEBI (Investment Advisers) Regulations, 2013.