DroneAcharya Shares Crash 20% After SEBI Crackdown 

Shares of DroneAcharya Aerial Innovations slumped 20% to hit the lower circuit at INR 45.38 on the BSE after the Securities and Exchange Board of India (SEBI) barred the company, its promoters, and several associated advisers from the securities market for up to two years

The action followed an investigation that revealed alleged misuse of IPO proceeds, inflated financials and misleading corporate disclosures aimed at propping up the company’s share price

Following today’s…