23 Sep 2025 | 5 Mins Read
JM Group settles debt issue lapses with SEBI.
Flipitmoney
JM Financial entities settled a case with SEBI over alleged irregularities in a Piramal Enterprises NCD public issue, paying ₹3.92 crore.JM Financial Ltd and JM Financial Services Ltd disgorged ₹1.22 crore and ₹1.33 crore, respectively. JM entities agreed to a three-month debarment from public issue management, distribution, and IPO financing activities.