Archive · 2 Jun 2025

SEBI Confirms Market Ban on LS Industries After Probe

SEBI Confirms Market Ban on LS Industries After Probe

SEBI, which watches over the stock market, has decided that LS Industries and some people connected to it can't trade stocks for now.

This is because there are claims they did some tricky things to make the company's stock price go up unfairly.

Despite the company not making much money, its stock price shot up a lot, which raised suspicion.

The authorities are looking into what happened, and they've told the people involved to help with the investigation.

The investigation will continue until November.

Sources