Taking note of social media posts and a complaint related to suspicious financials and disclosures by Bharat Global Developers Ltd, SEBI started a probe. Here's what happened after.

The Securities and Exchange Board of India (SEBI) order about the affairs of Bharat Global Developers Ltd. (BGDL), a company listed on the Bombay stock exchange (BSE), paints a picture of a multi-faceted scheme involving preferential allotments,

Sebi has suspended trading in Bharat Global Developers Ltd (BGDL) for financial misrepresentation, misleading disclosures, and price manipulation. The company’s management and key stakeholders, including MD Ashok Kumar Sewada,

Shares of Bharat Global have seen a 105 times jump in the last year, rising from just Rs 16.14 apiece in November 2023 to a high of Rs 1,703 in November 2024

The (SEBI) has suspended the trading of Bharat Global Developers Ltd. shares on all exchanges until further notice. In its order, the market regulator noted social media posts and complaints dated December 16,

The Securities and Exchange Board of India has taken firm action against Bharat Global Developers Ltd. for fraudulent activities and manipulation of share prices. An interim order has been issued to halt trading and demands transparency from the company,

The suspension, effective immediately, follows a Sebi probe that found significant irregularities in Bharat Global Developers Ltd’s financials and operations.

In a decisive move to protect investors the Securities and Exchange Board of India SEBI on Monday has issued an interim order against Bharat Global Developer

Sebi suspends trading in Bharat Global Developers Ltd for financial misrepresentation, misleading disclosures, price manipulation, and offloading shares at inflated prices.

Sebi also barred the company, its managing director Ashok Kumar Sewada, CEO Mohsin Shaikh, directors, and several preferential allottees from the market

Securities and Exchange Board of India (Sebi) has suspended trading in shares of Bharat Global Developers until further orders as it issues an interim order against the company and 47 noticees.