Varanium Cloud and Add-Shop E-Retail - both listed on the small and medium-sized enterprises (SMEs) platform were found to have manipulated their financial statements to fuel gains in their shares, according to initial orders issued by the Securities and Exchange Board of India (Sebi).
The authorities have banned both companies and their founders from dealing in the country's capital market.
The crackdown comes after the regulator issued warnings earlier in 2024 of price manipulation in tiny initial public offerings (IPOs).
この記事は The Straits Times の May 15, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
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この記事は The Straits Times の May 15, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
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