sebi:SO/AK/2025-26/8336
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Adjudication proceedings initiated vide SCN dated November 25, 2024 disposed of as settled upon payment of settlement amount
Provisions invoked
- s. 15
- s. 15J
Regulations
- Reg. 25
- Reg. 28
- Reg. 23(1)
Parties
- Groww Invest Tech Private Limited (formerly known as Nextbillion Technology Private Limited)
Holding
The adjudication proceedings initiated against Groww Invest Tech Private Limited vide SCN dated November 25, 2024 are disposed of in terms of Section 15JB of the SEBI Act read with Regulation 23(1) r/w Regulation 28 of the Settlement Regulations upon payment of INR 47,85,000 as settlement amount.
Full text
------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Settlement Order in the matter of Inspection of Groww Invest Tech Private Limited (formerly known as Nextbillion Technology Private Limited) Page 2 of 5
------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Settlement Order in the matter of Inspection of Groww Invest Tech Private Limited (formerly known as Nextbillion Technology Private Limited) Page 3 of 5
------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Settlement Order in the matter of Inspection of Groww Invest Tech Private Limited (formerly known as Nextbillion Technology Private Limited) Page 4 of 5
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:SO/AK/2025-26/8336. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.