Regulatory & Legal
The Economic Times25 Sept 2026, 8:35 pm IST
SEBI bans Omaxe and others for shareholding rule violations
What happened
- SEBI has banned Omaxe and five others from the securities market for up to one year.
- The regulator has alleged that the company created an artificial public shareholding structure to meet minimum requirements.
- SEBI has imposed fines totaling Rs 1.92 crore on the company and the individuals involved.
Key terms explained
Financial terms from this story, in everyday words.
- minimum public shareholding
- a rule requiring listed companies to have at least 25% of their shares held by the public
Original source
The Economic Times
Was this summary clear?
For information only — not investment advice.Summarized automatically; always check the original before acting.