Sebi has warned investors about fraudulent practices by promoters of SMEs, who artificially inflate stock prices through misleading information and corporate actions, then sell their holdings at high prices, leaving investors with worthless shares. The regulator highlighted recent actions against Debock Industries for such activities, urging caution in the SME space.
‘Don’t invest based on unverified posts’: Sebi flags ‘pump & dump’ risk amid SME IPO frenzy
