Manipulation of IPO money! SEBI bans company – nirman agri shares hit 5 percent lower circuit after sebi bans firm over alleged ipo fund diversion watch video to know more
markets
There was a sharp fall in the shares of Nirman Agri Genetics Ltd today on October 15. The company’s shares fell 5% to its lower circuit limit. This fall came after the news that the Securities and Exchange Board of India (SEBI) has banned the company from dealing in the stock market on charges of misuse of IPO funds.