SEBI bars nil revenue firm LS Industries, promoter in alleged pump & dump scheme, impounds ₹1.14 crore
Sebi bars LS Industries, NRI shareholder, and entities from securities market for inflating stock price, impounds illegal ...
Press Trust of India on MSN3d
Sebi bans LS Industries, promoter, 4 others from securities markets till further orders
The matter pertains to LS Industries and its key associates were involved in artificially inflating the company's share price ...
in.investing.com on MSN2d
SEBI Cracks Down on LS Industries for Stock Manipulation and Fraud
The probe uncovered a sophisticated price-rigging operation, where LS Industries’ share price surged despite negligible ...
SEBI bans textile company with zero revenue whose stock rose 1,089%: ‘Absurdity and anomalies'
SEBI uncovered “absurdities” in a textile company's stock moved over 1,000% in two months. The company's director sold crores of shares for $1.
newsbytesapp.com3d
NRI investor turns $1 into $328M; SEBI intervenes
SEBI's interim order revealed JPP first bought 10.28 crore shares of LS Industries for a mere $1. Despite the company's ...
$1 investment turned $328.6 million for NRI investor, SEBI steps in
SEBI barred LS Industries and related entities from trading due to alleged stock price manipulation. Dubai-based investor JPP ...
Hindustan Times2d
SEBI bans textile company with zero revenue whose stock rose 1,089%: ‘Absurdity and anomalies'
transferred his entire shareholding to Jahangir Panikkaveettil Perumbarambathu, an NRI residing in Dubai, on October 12, 2022. The off-market transaction, involving nearly 10.30 crore shares worth ...