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The Economic Times
The Economic Times

Sebi penalises SME firm Kalahridhaan Trendz, promoters for misleading disclosures

SEBI SME NSE

Capital markets regulator Sebi has levied fines totalling Rs 1 crore on Kalahridhaan Trendz and its promoters after finding that the SME company concealed a loan default and misled investors through false corporate announcements.

Kalahridhaan Trendz Ltd (KTL) is in the business of manufacturing and trading of various types of fabrics and was listed on the NSE's SME platform Emerge.

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