Legal8 Sept 2026, 03:03 pm
Supreme Court Dismisses Raghuvansh Agrofarms Appeals Against SEBI
AI Summary
Raghuvansh Agrofarms Ltd announced that the Hon'ble Supreme Court of India has dismissed the Civil Appeals filed by the company and its Promoter/Promoter Group against an order passed by the Securities Appellate Tribunal (SAT). The appeals were related to an earlier order by SEBI. The Supreme Court found no good ground to interfere with the SAT's impugned orders and accordingly dismissed the appeals. This development follows earlier disclosures made by the company regarding the ongoing legal proceedings.
Key Highlights
- Supreme Court dismissed appeals filed by Raghuvansh Agrofarms and its promoters.
- Appeals were against SAT orders concerning SEBI's decision.
- The court found no grounds to interfere with the SAT's rulings.
- This is a subsequent development in ongoing legal proceedings.
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