sebi:ORDER/AP/SK/2020-21/9608
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Facts / Headnote
Violation of Regulation 7(2)(a) of SEBI (PIT) Regulations, 2015 established; consolidated monetary penalty of ₹2,00,000 imposed under Section 15A(b) of the SEBI Act.
Provisions invoked
- s. 15A
- s. 15
- s. 15I
- s. 15J
- s. 15F
- s. 28A
Regulations
- Reg. 3
- Reg. 7
- Reg. 7(2)
- Reg. 7(2)(a)
- Reg. 3(1)
- Reg. 3(4)
Parties
- Ms. Pragnaben Suryakant Shah
Holding
The Noticee, a director of GGPL, violated Regulation 7(2)(a) of the PIT Regulations by failing to disclose to the company four on-market transactions in GGPL shares each exceeding ₹10 lakh in value during January-March 2018. A consolidated monetary penalty of ₹2,00,000 was imposed under Section 15A(b) of the SEBI Act.
Full text
______________________________________________________________________________________ Adjudication Order in respect of Ms. Pragnaben Suryakant Shah in the matter of GGPL Page 2 of 9
______________________________________________________________________________________ Adjudication Order in respect of Ms. Pragnaben Suryakant Shah in the matter of GGPL Page 3 of 9
______________________________________________________________________________________ Adjudication Order in respect of Ms. Pragnaben Suryakant Shah in the matter of GGPL Page 4 of 9
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Source: SecMarx — sebi:ORDER/AP/SK/2020-21/9608. 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.