Carnation Industries Receives Favorable SEBI Order
Published on: Dec. 21, 2025, 3:44 p.m. | Source: scanx.trade
Carnation Industries Limited announced a favorable outcome from SEBI regarding an adjudication order concerning its promoter and associated entities. The SEBI order dated December 19, 2025, found no adverse findings, directions, or penalties against the promoter, family members, and associated entities. The case involved trading transactions in equity shares of another BSE-listed company, conducted by individuals in their personal capacity. Carnation Industries confirmed no impact on its financial, operational, or other business activities.
