DLF, a leading real estate developer, witnessed a sharp fall in share price on Tuesday after SEBI barred DLF and its chairman K P Singh along with five other company executives from accessing India's capital markets for three years.
The regulatory action stems from the DLF management's failure to disclose material information to investors during the firm's maiden equity offer in 2007.
Shares of the company are trading at Rs 115.95, down Rs 30.75, or 20.96% at the Bombay Stock Exchange (BSE) on Tuesday at 10:00 a.m.
The scrip has touched an intra-day high of Rs 132.05 and low of Rs 111.25. The total volume of shares traded at the BSE is 6,026,474.