https://www.taxtmi.com/caselaws?id=309920 SEBI conducted an investigation into preferential allotment and stock split practices by entities related to Radford Global Limited, leading to artificial price manipulation. Adverse findings were found against Radford, warranting adjudication proceedings. SEBI revoked directions against 82 entities due to lack of adverse findings, while proceedings continued against 24 entities for violations under SEBI regulations. The revocation was immediate for the 82 entities, and SEBI's actions were without prejudice to any further legal measures. The order required dissemination to Stock Exchanges and Depositories for appropriate action. en-us Wed, 20 Sep 2017 00:00:00 +0530 Wed, 27 Sep 2023 21:13:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309920 SEBI conducted an investigation into preferential allotment and stock split practices by entities related to Radford Global Limited, leading to artificial price manipulation. Adverse findings were found against Radford, warranting adjudication proceedings. SEBI revoked directions against 82 entities due to lack of adverse findings, while proceedings continued against 24 entities for violations under SEBI regulations. The revocation was immediate for the 82 entities, and SEBI's actions were without prejudice to any further legal measures. The order required dissemination to Stock Exchanges and Depositories for appropriate action. Case-Laws SEBI Wed, 20 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309920