IIFL WEALTH : Co. Clarifies on Sebi s order on Front Running C | Stock Aaj Or Kal

IIFL WEALTH : Co. Clarifies on Sebi s order on Front Running Case , Says The said order refers to an old case and is against one erstwhile employee Mr. Santosh
Singh, who turned out to be an errant dealer. The media reports mentioning the 6 employees are thus factually incorrect.

None of IIFL Wealth Management Limited (“IIFL Wealth”), IIFL AMC or any of the subsidiaries of IIFL Wealth have been penalised through this order.

There is no impact of the SEBI order, interim as well as confirmatory orders, on functioning and operations of IIFL Wealth, IIFL AMC or any of the subsidiaries of IIFL Wealth or any of its clients