SAT overturns ban on Nusli Wadia, sons, others

January 17, 2026

In a surprising turn of events, the Securities Appellate Tribunal has lifted the ban imposed on Bombay Dyeing and its executives, alongside nullifying the associated penalties and restrictions on their directorship roles. This decision comes after Sebi’s extended delay of nearly nine years in addressing allegations related to fraudulent activities tied to manipulated financial statements.

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Polycab shares slide 17% in 3 months amid Ultravolt shock, but Jefferies sees 33% upside. What’s behind the bullish view?

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