Karvy Corporate controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2022
Enforcement Directorate investigation
C. Parthasarathy was arrested on 27 January 2022 in an investigation connected with the Karvy group. The reference material states that he was subsequently released on bail.
2022
Real-estate investor cheating allegations
A criminal case filed in November 2022 alleged that investors from Kolkata and Kerala were cheated in connection with the proposed sale of plots linked to an older Karvy real-estate venture.
2019
Karvy Stock Broking securities and investor-funds case
Regulatory and investigative findings concerning KSBL included the alleged pledging and misuse of customer securities, sales or transfers through related clients, efforts to cover a securities shortfall and transfers to Karvy Realty. SEBI restricted the broker's activities in November 2019, and criminal cases followed.