Brokerage firm Prabhudas Lilladher has been barred from the securities market for seven days after the Securities and Exchange Board of India (Sebi) identified multiple rule violations during regulatory inspections. The action underscores the market regulator’s firm stance on compliance and investor protection at a time when retail participation is expanding rapidly. According to Sebi, the firm failed to adhere to several operational and supervisory requirements designed to safeguard client interests and maintain market integrity.
