Sebi bars Nirman Agri Genetics and promoter from markets after finding IPO funds diverted
Sebi has passed an interim order against Nirman Agri Genetics Ltd (NAGL) and promoter Pranav Kailas Bagal, restraining them from the securities market. Nearly 93% of the Rs 20.3 crore SME IPO proceeds were allegedly diverted to bogus and promoter-linked entit…