sebi:EAD-9/SM/70/2018
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Facts / Headnote
Violation established; monetary penalty imposed
Provisions invoked
- s. 15A
- s. 15
- s. 15J
- s. 15F
Regulations
- Reg. 199
- Reg. 13(1)
- Reg. 13(3)
- Reg. 7(1)
- Reg. 13(5)
- Reg. 12
- Reg. 201
- Reg. 35
Parties
- Miteshgiri Chandrangiri Goswami
Holding
Miteshgiri Chandrangiri Goswami was held guilty of violating Regulation 7(1) read with 7(2) of SAST Regulations and Regulations 13(1) and 13(3) read with 13(5) of PIT Regulations, and a monetary penalty of Rs. 2,00,000 under Section 15A(b) of SEBI Act, 1992 was imposed.
Full text
In the matter of Saianand Commercial Ltd (Erstwhile Oregon Commercial Ltd) Page 2 of 10 5. Similarly, in terms of Regulation 13(1) of PIT Regulations any person who holds more than 5% shares or voting rights in any listed company shall disclose to the company in Form A, the number of shares or voting rights held by such person, on becoming such holder, within 2 working days of (a) the receipt of intimation of allotment of shares; or (b) the acquisition of shares or voting rights, as the case may be.
In the matter of Saianand Commercial Ltd (Erstwhile Oregon Commercial Ltd) Page 3 of 10 Table – 2 (Mitesh failed to disclose on 5 Occasions) Transaction Date Total Acquired (- Disposed) Cumulative %
In the matter of Saianand Commercial Ltd (Erstwhile Oregon Commercial Ltd) Page 4 of 10 Show Cause Notice, Reply and Personal Hearing
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Source: SecMarx — sebi:EAD-9/SM/70/2018. 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.