Announced Wed, 1 Jul · 19:18 IST
SEBI final order against two promoters; company says no material impact
Compliance View source PDF
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
-3.2%1-day move
₹188.60
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.2-1.6-0.7-1.4-1.9+0.2-1.4———
Up moveDown movePending
AI summary
SEBI passed a final order on June 30, 2026 against 226 entities including promoters Mrs. Savitridevi V Chiripal and Mr. Vedprakash Chiripal of True Green Bio Energy. Each promoter faces a Rs 5 lakh penalty and a 4-year ban from accessing the securities market under SEBI Act sections 11(1), 11(4), 11(4A), 11B(1) and 11B(2). Promoters plan to appeal to SAT and the Supreme Court. The company states the order has no material financial or operational impact on it.
Likely market impact
Negative regulatory signal against promoters, but company claims no material impact. Promoters to appeal. Watch for stock reaction.