Sebi barred real estate firm Omaxe, chairman Rohtas Goel, managing director Mohit Goel, and three others from the securities market for two years for financial irregularities. They misrepresented financial statements from 2018-2021, manipulating the company’s stock price. Additionally, a ₹47 lakh fine was levied on 16 entities. The barred individuals are also prohibited from holding director or key managerial positions in any listed company for two years.
