Share India Settles SEBI Case for ₹36.07 Lakh

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Settlement Finalised

Share India Capital Services paid ₹36.07 lakh to SEBI, ending adjudication proceedings over merchant banking lapses

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Violation Details

The case involved alleged disclosure lapses in Archit Nuwood Industries' SME IPO, violating SEBI regulations

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Settlement Process

SEBI's high-powered committee approved the revised settlement amount after initial recommendation of ₹32.17 lakh was reconsidered

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Payment Timeline

SEBI issued demand notice on Jan 29, 2026. Share India remitted the amount on Feb 4, 2026, confirmed by regulator

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Case Disposed

Following payment, SEBI disposed of proceedings. SEBI reserves rights to restore proceedings if discrepancies emerge later

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Share India Settles SEBI Case for ₹36.07 Lakh

Settlement FinalisedShare India Capital Services paid ₹36.07 lakh to SEBI, ending adjudication proceedings over merchant banking lapses

Violation DetailsThe case involved alleged disclosure lapses in Archit Nuwood Industries' SME IPO, violating SEBI regulations

Settlement ProcessSEBI's high-powered committee approved the revised settlement amount after initial recommendation of ₹32.17 lakh was reconsidered

Payment TimelineSEBI issued demand notice on Jan 29, 2026. Share India remitted the amount on Feb 4, 2026, confirmed by regulator

Case DisposedFollowing payment, SEBI disposed of proceedings. SEBI reserves rights to restore proceedings if discrepancies emerge later