SEBI Cracks Down on Mishtann Foods Over Rs 100 Crore Fraud

India’s market regulator SEBI has directed Mishtann Foods to recover nearly ₹100 crore that was allegedly misused and diverted to entities linked to its promoters and directors. An investigation revealed the company inflated its finances, misappropriating funds to other group businesses and individuals. SEBI has asked the firm to reverse the misappropriated funds and also barred its promoters and directors from financial market activities. This highlights SEBI’s firm stance on financial integrity and corporate governance.