Announced Tue, 7 Jul · 18:17 IST
SEBI Final Order against company in Mauria Udyog manipulation case
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
-9.5%1-day move
₹7.26
prior close
₹7.03
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.6———-9.5-6.5-16.0-14.6-14.9-12.8————
Up moveDown movePending
AI summary
SEBI passed a Final Order on 30 June 2026 naming Econo Trade (Noticee 5) in the Mauria Udyog Ltd and 4 scrips manipulation case involving alleged price and volume rigging of 5 stocks with unlawful gains around Rs 143.79 crore. Company is in Sub-Group 5, allegedly controlled by Hanif Shekh, the alleged mastermind. Order was passed under Sections 11 of SEBI Act for PFUTP violations. Company is studying implications with legal advisors.
Likely market impact
Negative for shareholders. SEBI Final Order names the company in a major manipulation case. Penalties and disgorgement possible after the company reviews legal impact.