Market regulator Sebi has confirmed the ban it has imposed on Keynote Capitals, Dynamic Stock Broking, Advance Finstock and five other persons for their role in the Pyramid Saimira Theatres share manipulation case.
In three separate orders, the market regulator has turned down their request for revoking the ban orders issued in April 2009.
Sebi had prohibited Key-note Capitals from giving any trade recommendations for listed companies for “breach of professional and ethical standards, besides misleading unsuspecting investors.” — PTI