SEBI Order Details
SEBI issued a final order dated June 30, 2026 restraining Mauria Udyog Limited and its Directors/Promoters Mr. Navneet Kumar Sureka and Mrs. Deepa Sureka from accessing the securities market. The order prohibits them from buying, selling or otherwise dealing in securities, directly or indirectly, or being associated with the securities market in any manner for a period of 05 years. This restraint period is subject to adjustment of the restraint period already undergone pursuant to the Interim Order dated June 19, 2023.
Date of Receipt
The company received the order on July 14, 2026.
Alleged Violations
The order relates to alleged lapses of the provisions of the SEBI Act, 1992 and the SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003 in relation to manipulation of the price and volume of the Company's equity shares.
Financial Impact Assessment
The company states there is no material impact on the financials, operations or other activities of the Company from this SEBI order.