Home / Business and Economy / Sebi Cancels 68 Investment Adviser Registrations Over Fees
Sebi Cancels 68 Investment Adviser Registrations Over Fees
27 Nov, 2025
Summary
- Securities regulator Sebi cancelled 68 investment adviser registrations.
- Registrations were revoked for failing to pay mandatory renewal fees.
- Sebi took action to prevent potential misuse of expired licenses.
Capital markets regulator Sebi has cancelled the registration certificates of 68 investment advisers. This decisive action was taken due to the entities' failure to pay the mandatory renewal fees, a requirement stipulated by the Intermediaries Regulations, 2008. Despite Sebi issuing several show-cause notices between February and June this year, the advisers did not comply with the payment obligations.
The cancellation of these registrations is a move to prevent any potential misuse of the licenses. Sebi highlighted that since the certificates had already expired, proceeding with cancellation was necessary to protect unsuspecting investors from being misled by entities operating with invalid credentials.
The regulator's order, issued by Designated Authority Soma Majumder, specified the cancellation of certificates for entities including Truenorth Labs Pvt Ltd and Equity Mantra. This enforces compliance and upholds the integrity of the investment advisory services sector in India.
