
Sebi announces market ban on LS Industries and others over alleged stock manipulation, fraud; probe extended till Nov 15
India’s market regulator, the Securities and Exchange Board of India (Sebi) on Friday confirmed the suspension of LS Industries, its promoter, and four other individuals from participating in the securities markets until the results of an investigation into allegations of fraudulent practices and stock price manipulation. The promoter of LS Industries Profound Finance, Jahangir Panikkaveettil…