0260-2023 Madhav Trust vs SEBI

SAT · Final order

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IN THE SECURITIES APPELLATE TRIBUNAL

AT MUMBAI

Date: 17.11.2025 Appeal No. 232 of 2023 Prime Capital Market Limited …Appellant Versus Securities and Exchange Board of India …Respondent Ms. Komal Shah, Advocate with Ms. Nidhi Singh and Mr. Nishin Shrikhande, Advocates i/b Vidhii Partners for the Respondent.

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Source: SecMarx — 0260-2023 Madhav Trust vs SEBI. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.