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<h1>SEBI Probes 58 Companies for Suspected Violations of 2003 Regulations on Market Manipulation and Unfair Trade Practices.</h1> The Securities and Exchange Board of India (SEBI) is investigating the share dealings of 58 companies for potential violations of the SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003. These investigations focus on market manipulation and related unfair trade practices. This information was disclosed by the Union Minister of State for Finance in a written response to a query in the Rajya Sabha. The Minister also clarified that SEBI does not identify shell companies.