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The Economic Times

Markets / The Economic Times

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Multiples settles Sebi case over AIF tenure

Private equity firm Multiples and its key personnel have settled with Sebi for approximately 93 lakh over alleged violations concerning an alternative investment fund. The action stemmed from the fund's failure to wind up upon expiry of its tenure as per its private placement memorandum. The settlement was sought to resolve the matter without admitting guilt.

17 Mar 2026 6:11 am