Announced Wed, 1 Jul · 18:49 IST
SEBI order against Nandan Denim promoter: Rs 5 lakh penalty, 4-yr market ban
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NDL · 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
+0.8%1-day move
₹2.41
prior close
₹2.43
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.8-1.2+0.4+0.8-0.4-0.4-3.3+0.4-0.4-3.3———
Up moveDown movePending
AI summary
Nandan Denim's promoter group member Vedprakash Devkinandan Chiripal received a SEBI final order dated June 30, 2026. Along with 225 other entities, he faces a Rs 5 lakh penalty and a 4-year ban from the securities market under SEBI Act sections 11 and 11B. The company says the order has no material financial or operational impact. The promoter plans to appeal to SAT and Supreme Court.
Likely market impact
Negative signal for promoter credibility, but company claims no material impact. Appeal planned. Watch for stock reaction.