In its investigation covering January 2022 to December 2023, Sebi found evidence of front-running in 350 trades executed by the FPI
The regulator also imposed a penalty of ₹5 lakh each on Vishvanath Goswami, Umang Chaturvedi, Shyam Chaturvedi, and Vinod Kumar Chaturvedi.
In its investigation covering January 2022 to December 2023, Sebi found evidence of front-running in 350 trades executed by the FPI.
According to Sebi, the individuals were linked to Atul Chaturvedi, a sales trader at Antique Stock Broking, which acted as the broker for the FPI. Atul Chaturvedi was allegedly privy to material non-public information regarding the FPI’s impending trades.
He settled the case with Sebi in November 2025 after paying a disgorgement amount of ₹1.48 crore. Several other individuals had earlier settled related proceedings in October 2025 by paying a total of ₹19.5 lakh.
First Published: Mar 27 2026 | 6:47 PM IST
