Sebi has banned Mishtann Foods and its MD, Hiteshkumar Patel, from securities markets for alleged financial mismanagement, fraudulent transactions, and corporate governance lapses. The regulator found ...
SEBI named Mishtann Foods along with 23 individuals, including four of the company’s directors ... The GST office also shared with SEBI a list of the allegedly fake, non-existent or non-operational ...
The regulator also barred Mishtann Foods Ltd (MFL) from raising money from the public as well as prohibited 12 entities, including Hiteshkumar, Navinchandra Patel (CFO), Ravikumar Patel (former CFO) ...
SEBI’s interim order also noted a dramatic increase in MFL's public shareholders, rising from just 516 at the end of fiscal 2018 to 4.23 lakh by the end of the September 2024 quarter. Hiteshkumar ...
The Securities and Exchange Board of India (Sebi) pointed out that almost all sale and purchase transactions of Mishtann Foods Ltd (MFL) since FY20 were prima facie found to be fictitious. The company ...
Photo Credit: Kesavan A N 1612@Chennai Markets regulator SEBI on Thursday restrained five entities, including Mishtann Foods and its promoter and CMD Hiteshkumar Gaurishankar Patel, from the ...
Mumbai: The capital market regulator on Thursday barred Mishtann Foods Ltd (MFL ... and manufacturing of agricultural products. Sebi said its investigation revealed that over 90% of MFL’s ...
Mishtann Foods slumped 20% to Rs 12.42 after the Sebi imposed a trading ban on the company and its promoter, Hiteshkumar Gaurishankar Patel. The regulatory body accused the company of severe financial ...