ImportantCompany Update
MAURIA UDYOG LIMITED has disclosed a final order from SEBI.
Mauria Udyog Ltd539219 · Filed with the exchange
The regulator has restrained the company and its promoter-directors, Mr. Navneet Kumar Sureka and Mrs. Deepa Sureka, from accessing and dealing in the securities market for five years.
This decision follows allegations of manipulating the company's equity share price and volume.
Despite this regulatory action, the company has stated that there is no material impact on its financials, operations, or other business activities.
Shareholders should note this development, though the company assures business stability.
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