SAT grants interim stay on SEBI's order debarring Unison Metals' MD and promoter from securities market for one year.
SEBI had alleged their involvement in a pump-and-dump scheme manipulating Unison Metals' share price via Telegram recommendations.
The stay is conditional on depositing 50% of the ₹10 lakh penalty each imposed by SEBI within two weeks.
Company states no financial or operational impact from the proceedings in its regulatory disclosure.