Sebi and the Securities Appellate Tribunal (SAT) took the view that the common address could be construed as “preponderance of probability” that price-sensitive information could be shared among parties. However, in April, a two-judge bench of the Supreme Court ruled that both Sebi and SAT had erred since they did not take into account family disputes.
Market rout: 7 of top-10 valued firms see Rs 1.25 lakh crore erosion
The stock continued to remain the most valued listed company in the country despite the decline.
June 7, 2026