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SEBI Restricts Prabhudas Lilladher from New Business for Seven Days Over Client Fund Violations

SEBI has barred Prabhudas Lilladher Pvt Ltd from taking up any new assignments for seven days starting December 15, 2025, after a joint regulatory inspection found misuse of client funds, incorrect margin reporting, delays in client settlements and excess brokerage charges. The regulator rejected the broker’s defence and said the lapses breached core client-protection norms.

By Finblage Editorial Desk

1:00 pm

29 November 2025

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This article is compiled from publicly available information, including company disclosures, stock exchange filings, regulatory announcements, and reports from global and domestic financial publications. The content has been editorially reviewed and enhanced by the Finblage Editorial Desk for clarity and investor awareness purposes only.

All information provided on Finblage is strictly for educational and informational use and should not be considered as financial, investment, legal, or professional advice. Readers are advised to conduct their own independent research and consult a certified financial advisor before making any investment decisions. Finblage shall not be held responsible for any losses arising from the use of information published on this website.

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