The Company has intimated to the Stock Exchange an intimation of Interim Relief Order received from Securities Appellate Tribunal
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 1.7 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The company and its promoters received a partly favourable order from the Securities Appellate Tribunal (SAT) on February 3, 2026, in their appeal against a SEBI order dated November 28, 2025. SAT has permitted the company to raise funds through a preference share issue, provided it discloses the SEBI order and pending appeal to prospective investors. Promoters Prateek Srivastava and Nikita Srivastava have been allowed to pledge their shares with banks and financial institutions, but strictly to raise working capital and execute existing time-bound orders. Nikita Srivastava has also been allowed to liquidate her mutual fund holdings. The earlier stay on recovery of the SEBI penalty (obtained in December 2025) continues, and the main appeal is still pending final hearing.
This is a partial relief for the company — it now has some financial flexibility to raise working capital despite the SEBI cloud, but the underlying SEBI order and appeal remain unresolved. Investors should note that any fundraising will carry mandatory disclosure of the SEBI matter, which could affect investor appetite and valuation.