October 9, 2019 / 8:13 AM / 10 days ago

CORRECTED-BUZZ-India's J Kumar Infraprojects soars by daily limit after SEBI revokes probe order

(In fourth bullet, corrects last close to Monday, not Tuesday; adds dropped words “this year”)

** J Kumar Infraprojects Ltd’s shares soar by daily limit 20% to 153.5 rupees

** The Securities and Exchange Board of India revokes order on independent probe into co's accounts and says there are no reasonable grounds to believe financials were misrepresented by co (bit.ly/35i9vS3)

** SEBI had appointed an independent forensic auditor last year to determine if co misrepresented financials

** Up to Monday’s close, stock had fallen 3.76% this year ( (Reporting by Philip George in Bengaluru) ((P.George@thomsonreuters.com; within U.S. +1 646 223 8780, outside U.S. +91 80 6749 1609; Reuters Messaging: p.george@thomsonreuters.net)

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