Tribunal keeps SEBI order stayed until final hearing on January 5, 2027
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The Securities Appellate Tribunal adjourned the case involving promoter and director challenges to SEBI's March 31, 2023 adjudication order. The matter is listed for final disposal on January 5, 2027. The SEBI order remains stayed until then. No new decision, penalty amount, settlement, or financial impact was disclosed.
The order remains paused, delaying regulatory certainty. The January 2027 hearing is the next key event, and no financial effect is disclosed.