First Global Stockbroking did not attend the second hearing by Sebi today over the probe into the stockmarket crisis.
Officials at First Global said there was no question of attending a second hearing as the company had already filed its reply with Sebi.
When contacted, Sebi chairman D R Mehta confirmed that though a second hearing was scheduled with First Global, no representatives of the firm attended the meeting.
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He also stated that no action was being contemplated against the firm for its failure to attend.
First Global, however, submitted a written communication to Sebi detailing its reasons for not attending the meeting.