Indian stock market, March 12 -- Kaynes Technology India, a leading player in end-to-end IoT solutions and integrated electronics manufacturing, saw its shares plunge 9.15% in early morning trade on March 12, to hit a 2-week low of Rs.3,898 apiece after the company, in an exchange filing on Tuesday, disclosed that its Managing Director, Mr. Ramesh Kunhikannan, has received a show-cause notice from the Securities and Exchange Board of India (SEBI).

'The Notice alleges suspected violations in the maintenance of the Structured Digital Database (SDD) pertaining to financial results for the period ended March 31, 2023, as per the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015," the company said in a ...