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SEBI has fined DroneAcharya, its founders, and advisors a total of INR 75 Lakh and barred them from the securities market for up to two years, citing a “systematic attempt to mislead investors”
The regulator has frozen the company’s assets during the ongoing investigation and alleges the company fabricated nearly 35% of its FY24 revenue
SEBI’s report says pre-IPO investors were promised high returns — with one individual netting a 5,800% return on their investment — while…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
SEBI has fined DroneAcharya, its founders, and advisors a total of INR 75 Lakh and barred them from the securities market for up to two years, citing a “systematic attempt to mislead investors”
The regulator has frozen the company’s assets during the ongoing investigation and alleges the company fabricated nearly 35% of its FY24 revenue
SEBI’s report says pre-IPO investors were promised high returns — with one individual netting a 5,800% return on their investment — while…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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