SEBI attaches assets in DU Digital Technologies trading probe
SEBI issued attachment notices against Usha Devi and Dhaval Vinodbhai Gadani under recovery proceedings tied to trading activities in DU Digital Technologies Limited (now DU Digital Global Limited).
SEBI is escalating enforcement in the DU Digital Technologies trading matter via asset attachments. The action signals continued pursuit of market manipulation cases and cross-entity recovery. Firms with client exposures should ensure sanctions-style screening captures SEBI recovery lists.
Reinforces SEBI's use of asset attachment as a recovery tool and highlights need for ongoing screening against Indian enforcement lists in capital markets operations.
Action Required
Review surveillance and KYC controls for exposure to named individuals and DU Digital scrip; screen client books against SEBI recovery notices.
Signals sustained SEBI enforcement momentum in market manipulation cases and expands the universe of sanctioned Indian market participants requiring screening.
Enhanced monitoring of SEBI recovery notices required. Confirm screening feeds include SEBI attachment lists and review any client or counterparty overlap with DU Digital scrip and named individuals.
“SEBI Notice(s) of Attachment dated July 22, 2026 issued under RC No. 9185 of 2026 against Usha Devi in the matter of trading activities of certain entities in the scrip of DU Digital Technologies Limited (now DU Digital Global Limited).”