sebi:EAD-5/SVKM/AO/48/2017-18
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Facts / Headnote
Violations established; total penalty of Rs 11,00,000 imposed
Provisions invoked
- s. 15A
- s. 21
- s. 15I
- s. 15J
- s. 23A
- s. 23I
- s. 23J
Regulations
- Reg. 13
- Reg. 7
- Reg. 7(3)
- Reg. 13(6)
Parties
- Santowin Corporation Ltd.
Holding
The Noticee violated Regulation 13(6) of PIT Regulations, 1992, Regulation 7(3) of SAST Regulations, 1997 and Section 21 of SC(R) Act, 1956 and was held liable for monetary penalty totalling Rs 11,00,000.
Full text
Adjudication Order against Santowin Corporation Ltd. Page 2 of 17 by the company to the Stock exchange within two working days. However, no disclosure under Regulation 13 of PIT Regulations, 1992 was received by BSE from the noticee and it is, therefore, alleged that noticee violated the provisions of Regulation 13(6) of PIT Regulations, 1992.
Adjudication Order against Santowin Corporation Ltd. Page 3 of 17 Allotment 18/05/11 Y 376750 Stock Split 1507000 1883750 3.82 -0.67 30/08/10
Adjudication Order against Santowin Corporation Ltd. Page 4 of 17 SHAREHOLDING PATTERN Particular Quarter ended Sep 2010 Quarter ended Dec 2010 Quarter ended March 2011 No. of shareh olders No. Of shares % No. of shareh olders No. Of shares % No. of sharehol ders No. Of shares % Promoter Holding 4 181100 14.49 4 452750 14.49 5 1162750 14.29 Non Promoter Holding 271 1068900 85.51 283 2672250 85.51 399 6972250 85.71 Total share capital 275 1250000 100 287 3125000 100 404 8135000 100 Particular Quarter ended June 2011 Quarter ended Sept 2011 No. of shareh olders No. Of shares % No. of sharehold ers No. Of shares % Promoter Holding 6 7133750 14.47 5 7133750 14.47 Non Promoter Holding 534 4218125 0 85.53 573 42181250 85.53 Total share capital 540 49315000 100 578 49315000 100 (Table Source: BSE website)
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Source: SecMarx — sebi:EAD-5/SVKM/AO/48/2017-18. 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.