SEBI Bans Mishtann Foods Promoter from Markets – What Happens to His 43% Stake?

So SEBI recently restrained Mishtann Foods and its promoter Hiteshkumar Gaurishankar Patel from the securities markets for alleged financial mismanagement, fraudulent transactions, and corporate governance lapses. Post this circular, the stock has been on a downward spiral, hitting continuous lower circuits. What caught my attention is that Hitesh has been banned from the markets. Does this mean he can't sell the 43% promoter holding he owns? If true, isn't that crazy considering the implications for the company and the stockholders? He will be watching the stock hit lower circuits without able to make a move where most other Patels can exit peacefully.