SEBI Chairperson raises concerns over potential price manipulation in India's SME sector and directs mutual funds to disclose stress test results.

SEBI Chairperson Madhabi Puri Buch has raised concerns over potential price manipulation in India's Small and Medium Enterprises (SME) sector, observing signs of manipulation in both IPO and trading processes. If malpractices are found, a public consultation may follow. SEBI has directed mutual funds to disclose stress test results of their small- and mid-cap schemes, with the SME segment expected to witness increased regulatory scrutiny.