sebi:ASK/AO/SPV/21-26/2015-16
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Facts / Headnote
Penalty imposed on Noticees for violations of SAST Regulations and PIT Regulations
Provisions invoked
- s. 15A
- s. 15
- s. 15J
Regulations
- Reg. 7
- Reg. 13
- Reg. 11
- Reg. 10
- Reg. 13(3)
- Reg. 2
- Reg. 1
- Reg. 11(1)
- Reg. 12
- Reg. 11(2)
- Reg. 30(2)
- Reg. 30
Parties
- Anarcon Resources Private Limited
- Smt. Lalita Agarwal
- Shri Ratanlal Brijlal Tamakhuwala
- Shri Rishiraj Agarwal
- Smt. Sangeeta Rishiraj Agarwal
- Shri Hanuman Investments Private Limited
Holding
The Noticees violated Regulation 7(1A) of SAST Regulations by failing to disclose share sales aggregating 2% or more on 15 occasions, and Noticee No. 6 violated Regulation 13(3) of PIT Regulations by failing to disclose change in shareholding exceeding 2% upon invocation of pledge. Penalty of Rs. 30,00,000/- jointly and severally on Noticees 1-6 for SAST violation and Rs. 5,00,000/- on Noticee No. 6 for PIT violation was imposed.
Full text
--------------------------------------------------------------------------------------------------------------------------------------- Adjudication Order with respect to the promoters of M/s Austral Coke and Projects Limited. Page 2 of 17 May 05, 2015
--------------------------------------------------------------------------------------------------------------------------------------- Adjudication Order with respect to the promoters of M/s Austral Coke and Projects Limited. Page 3 of 17 May 05, 2015
--------------------------------------------------------------------------------------------------------------------------------------- Adjudication Order with respect to the promoters of M/s Austral Coke and Projects Limited. Page 4 of 17 May 05, 2015
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Source: SecMarx — sebi:ASK/AO/SPV/21-26/2015-16. 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.