Mishtann Foods shares tanked over 40 percent as investors dumped the stock after the company received a show cause notice from the market regulator.
Sebi's show cause notice says it finds 'misrepresentation of large proportions' in financial statements by Mishtann Foods, a charge contested by the company.
SEBI has asked Mishtann Foods to retrieve nearly Rs 100 crore . Co has been appointed as the project management consultant for the execution of the Phase II campus of the Indian Institute of Management Raipur (Chhattisgarh) project.The RBI has given its approval to Canara Bank to divest its shareholding in Canara Robeco Asset Management Company and Canara HSBC Life Insurance Company. Watch here for more details
Stocks like Mishtann Foods, Cummins India, Dr Reddy’s Laboratories, Waaree Energies, Ola Electric Mobility, Afcons Infrastructure, Garden Reach Shipbuilders & Engineers, and Spandana Sphoorty Financial will also be in focus on December 6.