Скачать или смотреть SEBI Bans 26 Traders in DU Digital Global SME Stock Manipulation Case | Business News | ET Now

SEBI Bans 26 Traders in DU Digital Global SME Stock Manipulation Case | Business News | ET Now

Market regulator SEBI has taken strict action against alleged price manipulation in the SME stock DU Digital Global. SEBI has barred 26 individuals from the securities market for periods ranging from one year to 30 months and imposed penalties totaling ₹1.85 crore.

The probe was triggered after DU Digital Global’s stock price surged sharply from ₹12 in August 2021 to ₹296 by November 2022. SEBI found coordinated and deceptive trading strategies that artificially inflated prices and volumes, causing losses to retail investors.

This move reinforces SEBI’s zero-tolerance approach towards SME stock manipulation and strengthens investor protection measures.

#sebi #sme stocks #stockmarketnews #marketmanipulation #dudigitalglobal #investorprotection #etnow

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