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Mumbai, Dec. 12

SEBI has suspended Prashant J. Patel, a broker with the National Stock Exchange in the matter of Ranbaxy Laboratories Ltd, for a period of seven days. This order shall come into force after twenty-one days from the date of the order.

Further, SEBI has also reprimanded Wallfort Financial Services Ltd, a broker-member of NSE and Calcutta Stock Exchange, for artificially generating volumes in Ranbaxy.

More Stories on : Regulatory Bodies & Rulings | Financial Services | Ranbaxy Laboratories Ltd

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