Market regulator Sebi has conducted search and seizure operations on Sandeep Tandon-owned Quant Mutual Fund suspecting front-running as part of a probe into suspected front-running, three people familiar with the development said. The search and seizure operation was conducted across two locations – Mumbai and Hyderabad. While on search location was Quant Mutual Fund’s Mumbai HQ, the other was a suspected beneficial ownership connection in Hyderabad, one source confirmed.
first published: Jun 24, 2024 09:32 pm
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