SEBI Final Order received in price manipulation case involving 5 scrips
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kanungo Financiers received a SEBI Final Order dated June 30, 2026 naming it as Noticee 222 in a case involving alleged price and volume manipulation in 5 scrips: Mauria Udyog, 7NR Retail, Darjeeling Ropeway, GBL Industries, and Vishal Fabrics. The company is identified as a 'Hanif Connected' entity and alleged conduit for transferring sale proceeds, part of Sub-Group 3.A. Total unlawful gains of Rs 143.79 crore were made across the scheme. The company is reviewing the order with legal advisors and will take appropriate action.
Negative - named as noticee in SEBI manipulation case. Monetary penalties and disgorgement possible. Stock may face selling pressure and regulatory scrutiny.