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SEBI Bars Kapil and Dheeraj Wadhawan, Fines ₹120 Crore

14 August 20251 min read
BANKING & FINANCESEBI Bars Kapiland DheerajWadhawan, Fines₹120 Crore14 August 2025safalsetu.com

Why in the news

The Securities and Exchange Board of India (SEBI), the market regulator, passed an order against the former DHFL chairman Kapil Wadhawan, his brother and four more persons.

Key facts

  • Barred persons: Kapil Wadhawan, Dheeraj Wadhawan and four others, six in all.
  • Restriction: no access to the securities market for five years.
  • Penalty: cumulative ₹120 crore.
  • Company link: Kapil Wadhawan was earlier chairman of Dewan Housing Finance Corporation Ltd (DHFL).

Exam angle

  • Regulator behind the order: SEBI.
  • Duration of the market ban: five years.
  • Total fine: ₹120 crore; person named as former DHFL chairman: Kapil Wadhawan.

Test yourself

1. For how long did SEBI bar Kapil and Dheeraj Wadhawan and four others from the securities market?

The order barred them for five years.

2. What cumulative penalty did SEBI impose in the Wadhawan brothers' order?

SEBI imposed a cumulative penalty of ₹120 crore.

3. Kapil Wadhawan, barred by SEBI, is a former chairman of which company?

He is the former chairman of DHFL.

This topic is part of Daily Current Affairs 14 August 2025 (15 topics).

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