sebi:EAD-3/JS/GSS/1619/2018-19
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Facts / Headnote
Pending adjudication proceedings disposed of by settlement under Regulation 15(1) of Settlement Regulations, 2014
Provisions invoked
- s. 15I
- s. 15E
Regulations
- Reg. 17
- Reg. 25
- Reg. 25(1)
- Reg. 15(1)
Parties
- ICICI Prudential Asset Management Company Limited
- Nimesh Shah
Holding
The pending adjudication proceedings initiated vide SCN dated July 13, 2018 against ICICI Prudential Asset Management Company Limited and Nimesh Shah for alleged violations in the IPO of ICICI Securities Limited are disposed of in terms of Regulation 15(1) of the Settlement Regulations, 2014 upon payment of settlement amounts.
Full text
Settlement order in the matter of ICICI Securities || Page 1 SETTLEMENT ORDER NO. EAD-3/JS/GSS/1619 /2018-19 (Settlement Application No. 3588/2018) _____________________________________________________________ In respect of ICICI Prudential Asset Management Company Limited (PAN No: AAAC11000K) Nimesh Shah (PAN No: AAZPS3473J)
Settlement order in the matter of ICICI Securities || Page 2 Nine Lakh Ninety Six Thousand Three Hundred Eighty Seven only) by applicant ICICI Prudential Asset Management Company Limited and of Rs.6,80,000/- (Rupees Six Lakh Eighty Thousand only) by applicant Nimesh Shah towards settlement terms in respect of aforesaid alleged violations against them as proposed by the applicants.
In the matter of ICICI Securities Initial public Offer (IPO) ________________________________________________________________
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Source: SecMarx — sebi:EAD-3/JS/GSS/1619/2018-19. 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.