sebi:EAD-2/SS/VS/2018-19/2353-2362
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Facts / Headnote
Penalties imposed on all 10 Noticees under Section 15A(b) of the SEBI Act for failure to make disclosures under regulation 13(1) and 13(3) read with regulation 13(5) of the PIT Regulations
Provisions invoked
- s. 15A
- s. 15I
- s. 15J
- s. 15
- s. 15F
Regulations
- Reg. 7
- Reg. 7(1)
- Reg. 13(1)
- Reg. 13(3)
- Reg. 2
- Reg. 13(5)
- Reg. 7(2)
- Reg. 1
Holding
The Adjudicating Officer held that all 10 Noticees violated regulation 13(1) and 13(3) read with regulation 13(5) of the PIT Regulations by failing to disclose their shareholding changes in Mindvision Capital Limited, and imposed monetary penalties ranging from ₹2,00,000 to ₹6,00,000 under Section 15A(b) of the SEBI Act.
Full text
___________________________________________________________________________________ Adjudication Order in the matter of Mindvision Capital Limited Page 2 of 10 (Ref No.: EAD-2/SS/VS/63/154-163/2018-19)
___________________________________________________________________________________ Adjudication Order in the matter of Mindvision Capital Limited Page 3 of 10 (Ref No.: EAD-2/SS/VS/63/154-163/2018-19)
___________________________________________________________________________________ Adjudication Order in the matter of Mindvision Capital Limited Page 4 of 10 (Ref No.: EAD-2/SS/VS/63/154-163/2018-19)
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Source: SecMarx — sebi:EAD-2/SS/VS/2018-19/2353-2362. 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.