Carnation Industries Receives Favorable SEBI Order
Carnation Industries Limited announced a favorable outcome from SEBI regarding an adjudication order concerning its promoter and associated entities. The SEBI order dated December 19, 2025, found no adverse findings, directions, or penalties against the promoter, family members, and associated entities. The case involved trading transactions in equity shares of another BSE-listed company, conducted by individuals in their personal capacity. Carnation Industries confirmed no impact on its financial, operational, or other business activities.
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Carnation Industries Limited has announced that it received a favorable outcome from the Securities and Exchange Board of India (SEBI) regarding an adjudication order concerning its promoter and associated entities. The company disclosed this development to stock exchanges on December 20, 2025, under regulatory compliance requirements.
SEBI Adjudication Order Details
The SEBI Adjudication Order No. Order/AK/GN/2025-26/31848-31890 dated December 19, 2025, confirmed that no adverse findings, directions, or penalties have been imposed on the promoter, certain family members, and associated entities. The order represents the culmination of proceedings that arose from a Show Cause Notice (SCN) dated February 13, 2025.
| Parameter | Details |
|---|---|
| Order Number | Order/AK/GN/2025-26/31848-31890 |
| Order Date | December 19, 2025 |
| Authority | Securities and Exchange Board of India (SEBI) |
| Outcome | No adverse findings, directions, or penalties |
Nature of the Case
The adjudication proceedings pertained to certain trading transactions in equity shares of another BSE-listed company. These transactions were undertaken by the promoter, certain family members, and other associated entities in their individual capacity, who were named as noticees in the matter.
The company emphasized that the trading activities in question involved shares of a different BSE-listed entity and were conducted by the individuals in their personal capacity rather than on behalf of Carnation Industries.
Business Impact Assessment
Carnation Industries has confirmed that there is no impact on the company's financial, operational, or other business activities following this regulatory development. The favorable adjudication order provides clarity on the matter and removes any regulatory uncertainty that may have existed during the proceedings.
| Impact Area | Assessment |
|---|---|
| Financial Impact | No impact |
| Operational Impact | No impact |
| Other Activities | No impact |
Regulatory Compliance
The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has provided the requisite disclosures as mandated under these regulations.
The complete adjudication order is accessible on the SEBI website, ensuring transparency and public availability of the regulatory decision. This favorable outcome provides regulatory clarity for Carnation Industries and its stakeholders regarding the concluded proceedings.
Historical Stock Returns for Carnation Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.93% | +4.93% | +47.54% | +164.47% | +164.47% | +164.47% |
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