Infomerics Valuation and Rating Pvt Ltd, a SEBI-registered credit rating agency (CRA), has paid Rs65.25 lakh to settle regulatory proceedings initiated by market regulator Securities and Exchange Board of India (SEBI). The settlement follows SEBI's findings of several lapses and non-compliances with the provisions of the SEBI (Credit Rating Agencies) Regulations, 1999, and related circulars. A joint inspection by SEBI and the Reserve Bank of India (RBI) was conducted at Infomerics Valuation and Rating's corporate office in New Delhi between 21 March and 28 March 2022. The inspection covered the period from 31 January 2021 to 31 December 2021, to verify the company’s compliance with CRA Regulations. Following the inspection and CRA responses, SEBI observed irregularities in the rating

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