Elixir Capital Subsidiary Involved in Settlement Scheme with SEBI
Mumbai, India – March 20, 2026 – Elixir Capital Ltd. announced that its subsidiary, Elixir Equities Private Limited, is involved in a Settlement Order passed by the Securities and Exchange Board of India (SEBI). The order, dated March 17, 2026, falls under the 'Settlement Scheme for Association with Certain Algo Platforms, 2025', which applies to 111 stock brokers.Elixir Equities Private Limited is required to pay a settlement amount of ₹1,00,000 under the scheme. The matter relates to alleged association with certain algo platforms and potential violations of SEBI circulars and the SEBI (Stock Brokers) Regulations, 1992.According to Elixir Capital Ltd., the...