Elcid Investments
Elcid Investments hits 5% upper circuit after 70,273x jump since Oct 29
The company said it has not withheld any material information or announcement or impending announcement that would have a bearing on the price / volume behaviour in the scrip
 "Elcid Investments hits 5% upper circuit after 70,273x jump since Oct 29")
73,600x surge in 2 days: Elcid Investments now India's 'priciest' stock
Shares of Elcid were frozen at Rs 3.21 apiece for the past year, with barely any buyers or sellers in the counter
 "73,600x surge in 2 days: Elcid Investments now India's 'priciest' stock")
Elcid Investments settles disclosure lapses case with Sebi, pays Rs 17.3L
Elcid Investments Ltd has settled with markets regulator Sebi a case pertaining to failure to maintain a structured digital database and disclosure lapses after paying Rs 17.31 lakh towards settlement amount. This came after Elcid Investments filed an application with the Securities and Exchange Board of India (Sebi) requesting for settlement of the adjudication proceedings for the alleged violations through a settlement order. "The instant adjudication proceedings initiated against the applicant vide show cause notice... dated October 31, 2023 is disposed of," Sebi said in its settlement order. In its show cause notice, the regulator alleged that Elcid Investments failed to maintain a structured digital database during the investigation period. Also, it failed to disclose Jatin Saraiya's (part of the promoter group of Elcid Investments) joint shareholding of 50 shares with his spouse for the quarters ended on December 2021 to June 2022. This led to the alleged violations of inside
 "Elcid Investments settles disclosure lapses case with Sebi, pays Rs 17.3L")
BS READS: Why is illiquid Elcid Investments stock so valuable off-market?
Elcid's stock has changed hands only 31 times on the bourses in 9 years and trades at Rs 11.03, but few want to sell, as they assume its intrinsic value in lakhs. Jyotindra Dubey explains why
 "BS READS: Why is illiquid Elcid Investments stock so valuable off-market?")
