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Sebi settles Indiabulls Real Estate case after four entities pay Rs 10 49 crore
Business
Published on 7 May 2026
Settlement follows alleged fund diversion probe
Sebi has settled proceedings against four entities tied to alleged diversion of funds connected to erstwhile Indiabulls Real Estate Ltd. The regulator confirmed the case closure after the entities paid a combined settlement amount of about Rs 10.49 crore. The move brings an end to Sebi’s action in the matter, subject to settlement terms and applicable conditions.
- Sebi settled a case involving erstwhile Indiabulls Real Estate
- Four entities paid a total of about Rs 10.49 crore
- The case centered on alleged diversion of funds
- Proceedings closed following payment under settlement terms
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times