SEBI Final Order on Debock matter: fictitious issues confirmed, related firm barred 2 years

SEBI final order against Debock Industries (Noticee 1) and 28 others confirms fictitious preferential issues, inflated sales (around 72 percent FY22, 77 percent FY23), inflated purchases (about 94 percent both years), fabricated bank statements, and diversion of Rs 49.5 crore rights issue proceeds. Noticee 28 Naturo IndiaBull barred from securities market for 2 years and fined Rs 50 lakh to be paid in 45 days. Company reviewing the order.