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Market regulator SEBI has cancelled the registration of Roongta Rising Stock Pvt Ltd for one year for indulging in manipulation, malpractices and failing to comply with statutory requirements, including trading in a suspended security and issuing fake contract notes.
The securities appellate tribunal (SAT) has affirmed an order passed by the Securities and Exchange Board of India (SEBI) against three entities for manipulating the price of Mishka Finance and Trading Ltd (Mishka),