Friday, 31 July 2026 · World
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EUROS The World Financial Report
Nº 20 Friday, 31 July 2026 · World Edition
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Sebi penalises SME firm Kalahridhaan Trendz, promoters for misleading disclosures

Markets-Economic Times · 2h ago · 🇮🇳 India
Sebi penalises SME firm Kalahridhaan Trendz, promoters for misleading disclosures

Kalahridhaan Trendz has been penalized by Sebi with a fine of Rs 1 crore for hiding a loan default and giving deceptive corporate announcements about export orders. The involved directors, Niranjan D Agarwal and Aditya N Agarwal, faced market bans, and Sunitadevi Niranjan Agarwal received a one-year exclusion from securities markets. Additionally, the NSE has been instructed to consider measures, including potential delisting.

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