SEBI barred Bombay Dyeing & it’s promoter Wadias from markets for 2 years

As reported by all major newspapers, stock market regulator SEBI barred Bombay Dyeing and it’s promoters Wadias from the securities market for 2 years. This order came in on 21rd October 2022 where in the Indian Stock Market Regulator found fraudulent affairs of misrepresentation of the company’s financial statements. The regulator has also barred the promoters from holding any director level position.