29 May 07 Ketan Parekh scam : Promoters of Adani Enterprises banned by SEBI

The promoters of Adani Enterprises, the flagship company of the Adani group, have been banned by SEBI from dealing in the stock markets, directly or indirectly, for a period of 2 years. Following this announcement, the share prices of Adani Enterprises tumbled.  Adani Enterprises closed the day, down 10% at Rs. 212. I wonder how the promoters being banned from dealing in the stock markets, will impact the performance of Adani Enterprises in a drastic manner. Maybe the 10% fall is due to the theory of reflexivity?