Capital markets regulator Securities and Exchange Board of India (Sebi) has issued an administrative warning letter to IIFL Capital for regulatory non-compliance.
The administrative warning letter dated April 1, was received by the company on April 2, 2025, IIFL Capital said in a regulatory filing on Thursday.
Pursuant to the inspection of merchant banking activities undertaken by the company, Sebi issued an administrative warning letter for non-compliance with certain regulatory guidelines and circulars, it said.