GOENKA BUSINESS & FINANCE LTD. FACES RS 1 CR PENALTY AND 5-YEAR MARKET BAN BY SEBI

• The company received a final order from the Securities and Exchange Board of India (SEBI) on June 30, 2026. • SEBI has imposed a monetary penalty of ₹1,00,00,000 on the company. • The company is restrained from accessing the securities market and prohibited from dealing in securities for five years. • This action is taken under Sections 11(1), 11(4), 11(4A), 11B(1), and 11B(2) of the Securities and Exchange Board of India Act, 1992. • The final order was received by the promoter group on July 1, 2026. • The company believes the order will impact its financial strength and reserves the right to appeal.

Goenka Business & Finance Ltd

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