India, Jan. 4 -- The Bombay High Court has ruled that a trader who made a Rs.1.75 crore profit due to a Kotak Securities tech glitch should be allowed to keep the money.

In 2022, trader Gajanan Rajguru received Rs.40 crore margin money from his broker Kotak Securities due to a technical glitch. Within 20 minutes, he made a trade and earned a profit of Rs.1.75 crore, according to an Economic Times report.

Kotak Securities later reversed the Rs.40 crore transaction. However, the stock broking company also demanded the Rs.1.75 crore profit that Rajguru had made.

In December 2025, the Bombay High Court ruled that Rajguru can keep the Rs.1.75 crore as it is not unjust enrichment.

The court ruled that profits made by a trader using accident...