Sebi Refutes Claims of Unprofessional Work Culture Amid Media Reports

Capital markets regulator Sebi has refuted claims of a toxic work environment in its offices, attributing these allegations to external elements. In a recent statement, Sebi emphasized its commitment to high standards of performance and accountability. The regulator highlighted corrective actions taken to address issues of underperformance and misreporting.

Capital markets regulator Sebi on Wednesday dismissed allegations of an unprofessional work culture within its offices, calling the claims 'misplaced' amid media reports of a toxic work environment.

The regulator asserted that these assertions were not supported by any employee associations and cited external elements as the instigators behind the claims.

Sebi noted that some of its employees had been influenced by outside parties, encouraging them to challenge high standards of performance and accountability, without giving specific details.

(With inputs from agencies.)