Unison Metals Ltd — Important, 16-05-2026: Company Update

The Securities Appellate Tribunal (SAT) has granted interim relief to Unison Metals Limited's Managing Director and a promoter, suspending a prior SEBI order. SEBI had previously debarred these individuals for a year and imposed a penalty of ₹0.10 Cr each, citing alleged manipulation of the company's share price and trading volume through investment suggestions. SAT’s decision highlighted that the main allegation involved sharing a beneficial ownership statement, which is publicly available. The Tribunal also noted the debarment's adverse impact on the company's ability to conduct public offers and a credit line withdrawal, safeguarding the company's progress and investor interests during the ongoing appeal.