SEBI attachment against Gadani in DU Digital trading matter
SEBI issued an attachment notice under RC No. 9184 of 2026 against Dhaval Vinodbhai Gadani linked to trading in DU Digital Technologies Limited.
The second attachment in the DU Digital matter indicates a coordinated recovery effort against multiple entities involved in the scrip. It reinforces SEBI's structured recovery process following adjudication in market manipulation cases.
Firms operating in Indian capital markets must ensure client screening captures SEBI recovery proceedings to avoid facilitating transactions with attached parties.
Action Required
Update watchlists to include Gadani and cross-check brokerage, custody, and wealth client records for related exposures.
Part of a broader SEBI enforcement pattern; screening and recovery-list ingestion controls should be validated across Indian securities operations.
Confirm SEBI recovery list is integrated into name-screening workflows. Escalate any exposure to Gadani or DU Digital scrip to Compliance for review under market abuse and enforcement policies.
“SEBI Notice(s) of Attachment dated July 22, 2026 issued under RC No. 9184 of 2026 against Dhaval Vinodbhai Gadani in the matter of trading activities of certain entities in the scrip of DU Digital Technologies Limited (now DU Digital Global Limited).”