Angel One Pays Rs34.57 Lakh To Settle SEBI Proceedings
Moneylife Digital Team 04 November 2025
Angel One Ltd has paid Rs34.57 lakh to settle adjudication proceedings initiated by market regulator Securities and Exchange Board of India (SEBI). The settlement concludes SEBI regulatory action against the brokerage over alleged lapses in making timely and accurate disclosures, as required under SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations.
 
The alleged violations related to Angel One’s failure to promptly disclose material developments concerning a proposed scheme of arrangement and a delay of about two hours in reporting the outcome of its board meeting held on 9 August 2023.
 
SEBI had launched adjudication proceedings against Angel One under Section 15-I of the SEBI Act, 1992, citing violations of Regulations 30(6) and 30(7) of the LODR Regulations, 2015, and SEBI’s circular dated 13 July 2023.
 
After receiving a show-cause notice (SCN) on 16 April 2025, Angel One applied for settlement under SEBI’s Settlement Proceedings Regulations, 2018, opting to resolve the case without admitting or denying guilt.
 
Following deliberations on 19 June 2025, SEBI internal committee (IC) recommended a settlement amount of Rs34.57 lakh. This recommendation was endorsed by the high-powered advisory committee (HPAC) on 24 July 2025 and later approved by SEBI panel of whole-time members on 26 September 2025. SEBI confirmed receiving the settlement amount on 8 October 2025.
 
With the payment completed, SEBI disposed of the adjudication proceedings against Angel One under Section 15JB of the SEBI Act, 1992, and the relevant settlement regulations.
 
However, SEBI clarified that the settlement order does not prevent future action if it is later found that the company withheld material facts or violated any undertakings made during the settlement process.
 
Comments
Free Helpline
Legal Credit
Feedback