In a decisive move on July 26, 2024, the Securities and Exchange Board of India or Sebi has imposed a three-year ban on fugitive businessman Vijay Mallya from participating in the Indian securities market. This order also forbids him from associating with any listed company in any capacity during this period. This action comes from Mallya’s ongoing unethical and illegal activities, which concern regulators and creditors alike.

Sebi bans Vijay Mallya from Indian markets

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Sebi bans Vijay Mallya from Indian markets