Why SEBI Banned Mishtann Foods Shares: Full Details

Why SEBI Banned Mishtann Foods Shares: Full Details

Mishtann Foods shares nosedived 20% after SEBI imposed a trading ban due to alleged price manipulation and fraudulent trading practices. The investigation revealed that certain entities artificially inflated the stock’s trading volumes and prices to mislead investors. SEBI also found irregularities in the company’s financial disclosures, raising concerns over corporate governance. The regulator’s action aims to protect investors and curb unfair market practices. Mishtann Foods, previously popular among small investors, faces scrutiny as SEBI intensifies its crackdown on stock market violations.

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