Demat accounts unfreezed after stay order from Securities Appellate Tribunal
Company says its demat accounts have been unfreezed.
By ScoutQuest · · 1 min read
What the company said
The company has told the exchanges that its demat accounts have been unfreezed. This happened after it shared an appeal before the Securities Appellate Tribunal against a final order passed by SEBI on 30.06.2026.
The company states that it has received the stay order in that appeal, and that its demat accounts have been unfreezed as a result.
- The SEBI order was passed on 30.06.2026 under section 11(1), 11(4), 11(4A), 11B(1) and 11B(2) of the SEBI Act, 1992.
- The company appealed that order before the Securities Appellate Tribunal.
- The company says a stay order has now been received.
- The company's demat accounts have been unfreezed.
- The letter is signed by Yasin Gori, Whole Time Director.
What this means for a retail investor
A demat account holds shares in electronic form. If such an account is frozen, the shares in it cannot be moved or dealt with in the normal way until the restriction is lifted. The company now says the restriction has been lifted following the tribunal's stay order.
A stay order generally means the operation of the earlier order is held back while the matter is pending. It is not by itself a final decision on the appeal, and the company's letter does not set out the terms of the stay or what happens next in the appeal.
The update is a disclosure of a procedural development. It does not give any financial amounts, share counts, percentages or timelines, so there is no quantitative measure of impact to be drawn from the letter itself.
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