sebi:EAD/KS/VB/AO/160/2018-19
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Facts / Headnote
Adjudication proceedings disposed of without imposition of any monetary penalty
Provisions invoked
- s. 15
- s. 15H
- s. 15J
Regulations
- Reg. 7
- Reg. 3(a)
- Reg. 9
Parties
- Genuine Stock Brokers Pvt Ltd
Holding
The Noticee, Genuine Stock Brokers Pvt Ltd, did not violate Clause A(2) of the Code of Conduct for Stock Brokers by acting as broker and counterparty broker for self-trades of Bhagwan Das Agrawal in the scrip of Shilpi Cable Technologies Ltd, and the adjudication proceedings were disposed of without any monetary penalty.
Full text
Page 2 of 12 3. The details of the self-trades on BSE as per IR are given below: Entity Name Broker (Buy & Sell Side) Mkt Volume (No. of Shares) Traded Volume (BUY) (No. of Shares) Traded Volume (SELL) (No. of Shares) Self traded Qty. (No. of Shares) No. of trades No of days on which self- trades done Bhagwan Das Agrawal Genuine Stock Brokers Private Limited 4,63,05,559 1142221 1142221 27167 114 2
Page 3 of 12 A (2) of the Code of conduct for Stock Brokers as stipulated in schedule II read with Regulation 7 read with Regulation 9 of the Broker Regulations as specified in the said SCN.
Page 4 of 12 Table 1 Turnover of Bhagwan Das Agrawal with our company Exchange Segment 2011-2012 BSE Cash 30136734026.79 NSE Cash 61562874234.90 F/O 6808704498.75
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Source: SecMarx — sebi:EAD/KS/VB/AO/160/2018-19. 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.