SEBI Fines SMC Global Securities Rs 1 Lakh for Compliance Lapses
The Securities and Exchange Board of India (SEBI) fined SMC Global Securities Rs 1 lakh for lapses in maintaining client order records and inadequate supervision of authorised person Amit Lilhare. A thematic inspection from January to September 2024 found missing pre-trade confirmation records and deficiencies in monitoring client payouts, with 161 of 343 clients linked to Lilhare showing a fixed payout pattern involving investments of Rs 6.11 crore and payouts exceeding Rs 1.84 crore. SEBI cited violations of stock broker regulations in its order.
First-hand measurement across 5 sources
We measured how 5 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (42/100). Lens Score 49/100.
Outlets measured: economictimes, thehindu, freepressjournal, news18, moneycontrol. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (32–48/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
moneycontrol broke this story on 1 Oct, 03:21 pm. Other outlets followed.