The Economic Times

Sebi cancels registration of Religare Capital Mkts, 11 others for non-payment of renewal fee

Sebi has revoked the registrations of Religare Capital Markets and 11 other entities due to their failure to pay required renewal fees for research analyst registrations. The fees were due between May 2024 and November 2025. Although these entities responded to show-cause notices, they could not substantiate their claims of non-payment, prompting Sebi to take measures to protect investors from potential misuses of expired registrations.