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Sebi withdraws circular on ‘toxic’ work culture

Seeking to defuse tensions with employees protesting against alleged “unprofessional work culture”, Sebi on Monday retracted its earlier statement blaming “external elements” for the unrest and committed to address the concerns “amicably through internal channels”. The withdrawal comes nearly two...

PTI

New Delhi, Updated At : 07:01 AM Sep 17, 2024 IST

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Seeking to defuse tensions with employees protesting against alleged “unprofessional work culture”, Sebi on Monday retracted its earlier statement blaming “external elements” for the unrest and committed to address the concerns “amicably through internal channels”.

The withdrawal comes nearly two weeks after a protest on September 5, where hundreds of Sebi staffers held a protest demanding the withdrawal of the contentious September 4 press release and the resignation of Sebi chairperson Madhabi Puri Buch.

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