Sharpline Broadcast case: Sebi modifies order against 15 individuals

Capital market regulator Sebi on Wednesday modified its order passed against 15 individuals in a case of manipulation of share prices of Sharpline Broadcast Ltd through uploading misleading videos on YouTube channels. In March this year, the regulator barred 24 entities from the securities market for manipulating the share prices of two companies through misleading videos on YouTube channels. Passing a 77-page confirmatory order with some modifications, Sebi restrained 15 individuals from dealing in the scrip of Sharpline during the pendency of the investigation. "I, hereby confirm the directions issued vide the Interim Order dated March 02, 2023 read with Confirmatory Order dated July 11, 2023, subject to the following modifications, the noticees are restrained from dealing in the scrip of Sharpline during the pendency of the investigation," Sebi's whole time member Ananth Narayan G said in the order on Wednesday. The watchdog noted that the liability for the illegal gain made by

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