The Securities and Exchange Board of India (SEBI) building in Bandra-Kurla Complex, Mumbai. (Photo/PTI) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Infomerics Valuation and Rating has settled a market rule violation case with the Securities and Exchange Board of India (SEBI) after paying Rs 65.25 lakh towards settlement amount and completed all corrective measures prescribed by the capital markets regulator.

Infomerics Valuation and Rating Pvt Ltd. is a SEBI-registered credit rating agency.

The noticee (Infomerics Valuation and Rating) filed a settlement application, proposing to settle the instant proceedings initiated against it vide SCN dated Oct. 11, 2023 without "admission or denial of findings of fact and conclusions of law."

The order came from a joint inspec

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