Advani Hotels files SEBI complaint against MarketsMojo for regulatory breach
Advani Hotels & Resorts (India) Ltd. has lodged a complaint with SEBI against InfinHub Market Technologies FZ-LLC, operator of www.marketsmojo.com. The complaint alleges that MarketsMojo systematically publishes research reports and investment recommendations on Indian securities without being registered as a research analyst or entity with SEBI, violating the SEBI (Research Analysts) Regulations, 2014. Advani Hotels specifically highlighted the publication of factually incorrect financial data, such as an "unsustainable 133% dividend payout ratio" when the actual was approximately 66%, and misleading investment recommendations. The company states that MarketsMojo's articles, particularly after a November 2025 board meeting, contained false information and made inappropriate historical comparisons, potentially exposing retail investors to manipulative advice and distorting valuations, thereby undermining market integrity.
Key Highlights
- Advani Hotels filed a SEBI complaint against MarketsMojo (InfinHub).
- MarketsMojo is accused of violating SEBI Research Analyst Regulations.
- Allegations include publishing research without SEBI registration.
- Company cited incorrect dividend payout ratio and misleading articles.
- Concerns raised about impact on retail investors and market integrity.
Price Impact
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