30 Sep 2025 | 5 Mins Read
SEBI bars Man Industries and top executives from securities market
Flipitmoney
SEBI bars Man Industries (India) Ltd and three top executives from securities markets for 2 years for alleged fund diversion between 2015 and 2021. They failed to consolidate unit Merino Shelters, misrepresented related-party transactions, and engaged in fund round-tripping. The regulator seeks ₹2.5 crore penalties from the company and three executives and it trades at ₹409 per share.