30 Sep 2025 | 5 Mins Read
Man Industries sees shares dip 16% on Sebi ban
Flipitmoney
Shares of Man Industries (India) Ltd. or MIIL cracked 16% to an intraday low of Rs 340.90 on the BSE on Tuesday, September 30, after Securities and Exchange Board of India (SEBI) barred Man Industries (MIIL) and three senior executives from the securities market for two years, citing fund diversion allegations. SEBI imposed Rs 2.5 crore penalties on the company.