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In January 2022, SEBI, through its interim order had barred 14 entities from indulging in insider trading and ordered impounding ill-gotten gains of Rs 2.94 crore in the matter. Later, the directions were confirmed by Sebi in May 2022.
The 14 entities include Udit Todi, the son of the managing director of Lux, who is currently holding the post of executive director in the company, according to Sebi s order.
Mumbai : Lyra is a sought-after women’s wear brand of Lux Industries Ltd. launched in the year 2012. In a very short span of time, Lyra has successfully established its foothold in the mid to premium segment. Lyra enjoys its position in the market du