Announced Sun, 23 Aug · 12:01 IST
SEBI investigation update - suspended directors yet to submit information
DHARAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+6.3%1-day move
₹0.16
prior close
₹0.16
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-6.3+6.3+6.3+0.0+6.3+6.3+0.0+0.0+0.0-12.5-12.5———
Up moveDown movePending
AI summary
Dharan Infra-EPC, currently under CIRP, told stock exchanges that its suspended directors, Key Managerial Personnel and statutory auditor have failed to provide information and records sought by SEBI, despite repeated summons and reminders. An Interim Resolution Professional is managing the company and will keep exchanges informed of further developments.
Likely market impact
Ongoing SEBI probe with non-compliance from suspended management raises risk of penalties and may complicate the insolvency resolution process for shareholders.