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Shares of DroneAcharya Aerial Innovations slumped 20% to hit the lower circuit at INR 45.38 on the BSE after the Securities and Exchange Board of India (SEBI) barred the company, its promoters, and several associated advisers from the securities market for up to two years
The action followed an investigation that revealed alleged misuse of IPO proceeds, inflated financials and misleading corporate disclosures aimed at propping up the company’s share price
Following today’s…
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.
Shares of DroneAcharya Aerial Innovations slumped 20% to hit the lower circuit at INR 45.38 on the BSE after the Securities and Exchange Board of India (SEBI) barred the company, its promoters, and several associated advisers from the securities market for up to two years
The action followed an investigation that revealed alleged misuse of IPO proceeds, inflated financials and misleading corporate disclosures aimed at propping up the company’s share price
Following today’s…
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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