sebi:EAD/SR/SJ/AO/72/2019-20
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Facts / Headnote
Violation established; penalty of Rs. 5,00,000 imposed under Section 15HA
Provisions invoked
- s. 15
- s. 15H
- s. 15I
- s. 15J
- s. 28A
Regulations
- Reg. 3
- Reg. 2(1)(c)
- Reg. 4(1)
- Reg. 3(a)
- Reg. 4(2)(a)
- Reg. 2(1)(c)(2)
- Reg. 2(1)(c)(7)
- Reg. 2(1)(c)(8)
Parties
- Sri Shyam Baba Ferro Alloys Private Limited
Holding
The Noticee violated Regulations 3(a), (b), (c) and (d), 4(1) and 4(2)(a) of the PFUTP Regulations, 2003 by executing 76 non-genuine reversal trades in 24 illiquid stock option contracts, and is liable to a monetary penalty of Rs. 5,00,000 under Section 15HA of the SEBI Act, 1992.
Full text
Adjudication Order against Sri Shyam Baba Ferro Alloys Private Limited in the matter of dealings in Illiquid Stock Options at BSE Page 2 of 16
Adjudication Order against Sri Shyam Baba Ferro Alloys Private Limited in the matter of dealings in Illiquid Stock Options at BSE Page 3 of 16
Adjudication Order against Sri Shyam Baba Ferro Alloys Private Limited in the matter of dealings in Illiquid Stock Options at BSE Page 4 of 16
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Source: SecMarx — sebi:EAD/SR/SJ/AO/72/2019-20. 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.