0439-2025 Saar Commodities Ltd. vs SEBI

SAT · Final order

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IN THE SECURITIES APPELLATE TRIBUNAL

AT MUMBAI

Date: 14.10.2025 Appeal No. 439 of 2025 Saar Commodities Ltd. …Appellant Versus Securities and Exchange Board of India …Respondent Mr. Rushin Kapadia, Advocate with Mr. Robin Shah and Mr. Udaysingh Kashid, Advocates i/b Bodhi Legal for the Appellant. Mr. Shiraz Rustomjee, Senior Advocate with Ms. Nidhi Singh, Ms. Komal Shah and Mr. Nishin Shrikhande, Advocates i/b Vidhii Partners for the Respondent. ORDER:

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Source: SecMarx — 0439-2025 Saar Commodities Ltd. 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.