We hereby inform that SEBI has issued final order against Mr. Tirth Uttamchand Mehta and Mr. Uttamchand Chandanmal Mehta in the matter of Stock recommendation Tips in the Scrip of Unison ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 2.2 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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SEBI issued a final order dated February 5, 2026 against Mr. Tirth Uttamchand Mehta and Mr. Uttamchand Chandanmal Mehta, who are directors and promoters of Unison Metals Ltd, in a case involving manipulation of UML's share price through Telegram-based stock recommendation tips in December 2021. The order was passed under sections 11(1), 11(4), 11(4A), and 11B of the SEBI Act, 1992, and follows an interim order originally issued in July 2024 against 17 noticees divided into three groups: Net Sellers/Profit Makers, Operators, and Enablers. Total unlawful profit of approximately ₹4.30 crore was earned by the Net Sellers group through the scheme, where UML's daily trading volume surged nearly 7x during the manipulation period. The company has clarified that there is no impact contemplated on its financial, operational, or other activities.
The company states there is no direct financial or operational impact on Unison Metals Ltd itself. However, the final order against its promoters/directors for aiding a market manipulation scheme is reputationally negative and may affect investor confidence in the stock.