Vikas EcoTech: SEBI Order Clears Promoter of Penalties in Trading Dispute
Vikas EcoTech Limited has announced receiving a SEBI Adjudication Order dated December 19, 2025, which confirms that no penalties or adverse findings have been imposed on the company's Promoter, certa...
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Why is Vikas EcoTech Limited in the news today?
Vikas EcoTech Limited (VIKASECO) is in the news due to the sebi order confirms no penalties or adverse findings against the promoter and related entities, which is a positive outcome for the company and its stakeholders, clearing any potential concerns.
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Vikas EcoTech: SEBI Order Clears Promoter of Penalties in Trading Dispute
December 20, 2025, 11:24 AM
Vikas EcoTech Limited has announced receiving a SEBI Adjudication Order dated December 19, 2025, which confirms that no penalties or adverse findings have been imposed on the company's Promoter, certain family members, or associated entities. This order resolves earlier proceedings initiated by a Show Cause Notice (SCN) dated February 13, 2025, concerning trading transactions in another listed company's shares, undertaken by the Promoter and related parties in their personal capacity.
The company explicitly stated that it was not a noticee in these SEBI proceedings and that the SCN pertained to the personal trading activities of its Promoter and associated individuals, not the company itself. Vikas EcoTech also addressed unauthorized and misleading communications circulating about the SCN, which falsely suggested the company was under scrutiny.
The SEBI Adjudication Order definitively clarifies that the proceedings resulted in no adverse action against the individuals or entities concerned, thereby refuting any such claims. The company urges stakeholders to disregard unverified communications and rely solely on official disclosures. Further details as required by SEBI regulations are enclosed as Annexure I.
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