IndiaTickerPerson · Regulatory record
Viresh Joshi
Former Chief Dealer, Axis Mutual Fund
final orderNoticee 124 Jul 2026
Adjudicated regulatory finding
Authority tier 1What SEBI found
SEBI found that Viresh Joshi and Prijesh Kurani functioned as the dual pillars of the front-running scheme and that Joshi systematically leaked non-public information about the fund trades.
Read this as an attributed finding
This wording follows the final order. It is not based on the media headline, and it is not an independent IndiaTicker accusation.
Keep personal and case-wide figures separate
The order says time already undergone under the interim order is to be set off.
Imposed on Viresh Joshi under the provisions cited in the final order.
This is shown only because the final order attributes the estimate specifically to this noticee.
This is a case-wide amount for all noticees. It is not the same as this person's individual penalty.
From investigation period to final order
- Investigation period begins
Securities and Exchange Board of India examined the conduct described in the final order through 31 Mar 2022.
- Interim order cum show-cause notice
The interim stage preceded the final findings and directions shown on this page.
- Final order issued
Securities and Exchange Board of India recorded its findings and imposed the directions summarized in this record.
Violations recorded in the final order
SEBI Act, 1992: section 12A(a)SEBI Act, 1992: section 12A(b)SEBI Act, 1992: section 12A(c)SEBI Act, 1992: section 12A(e)PFUTP Regulations: regulation 3(a)PFUTP Regulations: regulation 3(b)PFUTP Regulations: regulation 3(c)PFUTP Regulations: regulation 3(d)PFUTP Regulations: regulation 4(1)PFUTP Regulations: regulation 4(2)(q)