Indiabulls' Sameer Gehlaut, 5 others settle case with SEBI
Indiabulls Ventures promoter Sameer Gehlaut and five other promoter entities settled a SEBI probe over alleged violation of 'takeover regulations' after paying â¹48 lakh towards settlement fee. The promoters settled the matter "without admitting or denying the findings of fact and conclusions of law" through a settlement order. Shares of Indiabulls Ventures surged around 17% on Wednesday.