StockWatch
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Stockbroking & Allied
Regulatory11 Jun 2026, 01:45 pm

Khandwala Securities Receives SEBI Administrative Warning Letter

AI Summary

Khandwala Securities Limited has received an administrative warning letter from the Securities and Exchange Board of India (SEBI) dated June 9, 2026, received on June 10, 2026. The letter pertains to alleged violations of SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2018, and SEBI (Merchant Bankers) Regulations, 1992, concerning a draft offer document filed for M/s ArMee Infotech Limited. The company stated that there is no impact on its financial, operational, or other activities and will ensure compliance to avoid recurrence.

Key Highlights

  • SEBI issued an administrative warning letter to Khandwala Securities.
  • The warning relates to alleged violations of ICDR and Merchant Banker Regulations.
  • The issue concerns a draft offer document filed for M/s ArMee Infotech Limited.
  • The company states no financial or operational impact.
  • Khandwala Securities will ensure future compliance.