Announced Thu, 13 Aug · 13:01 IST
SEBI show cause notice to Kridhan Infra over disclosure and accounting issues
KRIDHANINF · 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
-0.9%1-day move
₹2.25
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.9-2.7-1.8-2.7-4.0—————
Up moveDown movePending
AI summary
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.
Likely market impact
Uncertainty over potential monetary penalty and further regulatory action; stock may face short-term pressure until adjudication outcome is known.