- A SEBI order banning Bombay Dyeing and its promoters, Nusli N Wadia and his sons, from the securities market for two years for participating in a fraudulent scheme to falsify the company’s financial statements was stayed by the Securities Appellate Tribunal.
- According to the SAT’s directive, the case would be scheduled for the following hearing on January 10, 2023.
SAT maintains Bombay Dyeing’s, Nusli Wadia’s, and his sons’ securities market bans.
Published on
