SEBI show cause notice to Kridhan Infra over disclosure and accounting issues
KRIDHANINF · price
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Kridhan Infra received a SEBI show cause notice on Aug 12, 2026 for alleged non-compliances with LODR Regulations. Issues include non-recognition of interest on bank loans in FY2023 financials, accounting standard disclosure failures, and vacant Managing Director and CFO positions for over three months between 2022 and 2024. Adjudication proceedings initiated under Section 15-I of SEBI Act. No monetary penalty quantified yet.
Uncertainty over potential monetary penalty and further regulatory action; stock may face short-term pressure until adjudication outcome is known.