Legal1 Apr 2026, 05:11 pm
SEBI Passes Ex-Parte Interim Order on Elitecon International Limited
AI Summary
Securities and Exchange Board of India (SEBI) has passed an ex-parte interim order on Elitecon International Limited due to several violations, including delayed and misleading disclosures, fraudulent dealing in securities, and issues related to GST SCNs and a loan from Advik Capital. The impact of this order cannot be quantified at the moment.
Key Highlights
- SEBI passes ex-parte interim order on Elitecon International Limited
- Violations include delayed and misleading disclosures
- Fraudulent dealing in securities, GST SCNs, and loan from Advik Capital issues cited
- Impact cannot be quantified at the moment
- Order issued on March 30, 2026