Just 10 months after listing, Sebi bars SME company from markets over financial irregularities

Just 10 months after listing, Sebi bars SME company from markets over financial irregularities

Capital markets regulator Sebi has come down heavily on Gujarat-based Kalahridhaan Trendz, a recently listed SME company, and its promoters for failing to report payment defaults and misleading corporate announcements. In an interim order, the regulator barred the company and its promoters from accessing or associating themselves with the securities market in any manner. “The … Read more