Legal4 Nov 2026, 05:45 pm
Goenka Business & Finance Demat Accounts Unfrozen Post SAT Stay Order
AI Summary
Goenka Business & Finance Ltd has announced that its Demat accounts have been unfrozen following a stay order received from the Securities Appellate Tribunal (SAT). This action comes after the company filed an appeal against a final order passed by SEBI on June 30, 2026, under various sections of the Securities and Exchange Board of India Act, 1992. The unfreezing of Demat accounts is a significant development, potentially allowing the company to resume normal financial operations.
Key Highlights
- Demat accounts of Goenka Business & Finance have been unfrozen.
- A stay order was received from the Securities Appellate Tribunal (SAT).
- The company had appealed against a SEBI order dated June 30, 2026.
- This development allows for the resumption of normal financial activities.
Price Impact
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