sebi:EAD/BJD/NJMR/55/2017-18

SEBI · SEBI · 2017-06-27 · B J Dilip, Adjudicating Officer

Reviewed by Varun Matlani, Advocate — Securities Lawyer practicing in SAT and SEBI

Facts / Headnote

Penalty imposed on the Noticee for violation of Regulation 13(6) of SEBI (PIT) Regulations, 1992

Provisions invoked

Regulations relied on

Parties

Holding

The Noticee, Shakti Pumps (India) Ltd., violated Regulation 13(6) of SEBI (PIT) Regulations, 1992 by failing to disclose the change in shareholding of Subhkam to BSE within two working days of receipt of the disclosure, and a penalty of Rs. 1,00,000/- was imposed under Section 15A(b) of the SEBI Act.

Full text

_____________________________________________________________________________________ Adjudication Order in matter of Shakti Pumps (India) Ltd., Page 2 of 8

_____________________________________________________________________________________ Adjudication Order in matter of Shakti Pumps (India) Ltd., Page 3 of 8

_____________________________________________________________________________________ Adjudication Order in matter of Shakti Pumps (India) Ltd., Page 4 of 8

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Source: SecMarx — sebi:EAD/BJD/NJMR/55/2017-18. 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.