Dharan Infra-EPC: Update on ongoing SEBI investigation

Sebi InvestigationNclt Insolvency AdmittedRegulatory & Legal View source PDF Explain this filing

DHARAN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-5.9%Reaction day

₹0.17

prior close

₹0.16

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-6.3% vs market

On the reaction day the stock moved 6.3 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-6.3

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-5.9+0.4-6.3

Next day

-5.9-0.2-5.7

-5.9+0.3-6.2

-5.9+0.6-6.4

+0.0+0.8-0.8

+0.0+0.4-0.4

-5.9+0.7-6.6

15d

-23.5+2.0-25.5

-17.6+0.7-18.4

-17.6-3.4-14.3

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UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The company, currently under Corporate Insolvency Resolution Process (CIRP), has disclosed that SEBI is conducting an investigation into its affairs. SEBI issued summons to the (now suspended) Directors and Key Managerial Personnel in May and June 2026, seeking information, records, and data for the period before CIRP began. Part of the information has been submitted, and another 7-day extension has been requested to furnish the remaining details. The Interim Resolution Professional has signed the filing.

Likely market impact

Adds regulatory uncertainty on top of existing insolvency proceedings; negative for shareholders awaiting CIRP resolution.