SEBI Bans Ex-TV Anchor Hemant Ghai and Family from Securities Markets for Five Years

SEBI banned former CNBC TV anchor Hemant Ghai, his wife, & mother from trading for five years for unfair trading practices.

Hemant misused his role to manipulate stock prices, allowing his family to trade before his TV recommendations, earning ₹6.16 crore illegally.

SEBI found 81% of their trades matched his advice, violating Sections 3 & 4 of PFUTP Regulations, 2003.

SEBI directed them to return profits with 12% interest, while Hemant and Jaya were fined ₹50 lahks each, MAS Consultancy Service ₹30 lahks, and Motilal Oswal Financial Services Ltd (MOFSL) ₹5 lakh for helping in the fraudulent trades.