sebi:AO/SG-VP-VS/EAD/45-50/2017
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Facts / Headnote
Adjudication proceedings initiated vide Show Cause Notice dated 27.03.2015 disposed of; no violation established; no monetary penalty imposed
Provisions invoked
- s. 15
- s. 15H
- s. 15I
- s. 4B
- s. 31
Regulations
- Reg. 8
- Reg. 8(1)
- Reg. 17(2)
- Reg. 52(2)
Parties
- Prabodh Artha Wardhini Private Limited
- Ms. Manisha B Vidhate
- Mr. Ramchandra Dimble
- Mr. Hemant V Kulkarni
- Mr. Digambar Kulkarni
- Ms. Madhavi N Bendre
Holding
The allegation that the Noticees failed to comply with Regulation 8(1) of MIMPS Regulations read with Regulation 17(2) of SECC Regulations by acquiring together with persons acting in concert more than 5% in Pune Stock Exchange on 25.08.2007 is not tenable, and the adjudication proceedings are disposed of with no penalty under Section 15HB of the SEBI Act, 1992.
Full text
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Source: SecMarx — sebi:AO/SG-VP-VS/EAD/45-50/2017. 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.