Sebi leases Rs 7 lakh/month Mumbai luxury flat for chairman; regulator says deal within Board policy - check details here

Sep 17, 2025 - 17:00
Sebi leases Rs 7 lakh/month Mumbai luxury flat for chairman; regulator says deal within Board policy - check details here

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The Securities and Exchange Board of India (Sebi) has leased a luxurious five-bedroom apartment in Mumbai's Prabhadevi for its chairman, Tuhin Kanta Pandey, at a monthly rent of Rs 7 lakh. The three-year lease includes a 3,000 sq. ft. apartment with four car parks and a 5% annual rent escalation, aligning with Sebi's policy for leased accommodations.

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