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Jaiprakash Power Ventures Limited reported an adjudication order from SEBI imposing financial penalties on the company and its officials, including an ex-whole-time director, due to alleged misrepresentation of financial statements. The penalties amount to ₹22 crore across multiple provisions of SEBI regulations. The company is currently assessing the order's impact and is seeking legal advice on its next steps. This may pose a risk to investor sentiment as financial penalties could affect the company’s reputation and operational stability, although strategic adjustments could also present opportunities for improvement.