Announced Tue, 8 Sept, 2026 · 15:02 IST
Supreme Court dismisses company's appeal against SEBI order
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
The Supreme Court of India on 18 August 2026 dismissed Civil Appeal Nos 7422-7423 of 2022 filed by Raghuvansh Agrofarms and its promoters against SEBI. The court found no ground to interfere with the SAT order of 29 April 2022, which had upheld a SEBI Whole Time Member order dated 3 September 2020. This continues the company's earlier disclosure from May 2022.
Likely market impact
Negative for shareholders. The company's legal challenge against SEBI is now exhausted, and the original SEBI order stands.