Sanjiv Bhasin's Consulting Contract Ends Early Amid SEBI Investigation

IIFL Securities announced that Sanjiv Bhasin's consulting contract was discontinued as of June 17, 2024, due to health reasons. This comes amid SEBI's investigation into his alleged role in stock manipulation. Bhasin, a prominent figure on business news channels, informed IIFL of the investigation.

IIFL Securities revealed that Sanjiv Bhasin's consulting contract ended prematurely on June 17, 2024, citing health reasons, amid ongoing SEBI investigations into alleged stock manipulation.

Bhasin, a familiar face on business news platforms, was engaged with IIFL on a contractual basis until June 2024.

Despite being informed of SEBI's inquiry by Bhasin, IIFL clarified that the details were not disclosed to them, and emphasised that Bhasin was not a board member.