SEBI bans Varanium Cloud, its promoter from capital market for misusing IPO proceeds
New Delhi [India], May 11 (ANI): Varanium Cloud Limited, a technology company, and its promoter and managing director Harshawardhan Hanmant Sabale have been banned from the securities market with immediate effect, by the financial market regulator SEBI.
The company was listed on NSE's SME Platform or NSE Emerge on September 27, 2022.
As per the company's disclosures, it was incorporated on December 21, 2017, and was forme