sebi:ORDER/BM/DS/2021-22/14254
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Facts / Headnote
Violation established; penalty of Rs 4,00,000 imposed
Provisions invoked
- s. 15A
- s. 15
- s. 19
- s. 15J
- s. 28A
Regulations
- Reg. 7
- Reg. 29(2)
- Reg. 7(2)
- Reg. 7(2)(a)
- Reg. 7(2)(b)
- Reg. 201
Parties
- Anil Kumar Sharma
Holding
The Noticee violated Regulations 29(2) and 29(3) of the SAST Regulations, 2011 and Regulation 7(2)(a) of the PIT Regulations, 2015 by failing to disclose the off-market transfer of 2,47,600 shares on 20.04.2016. A penalty of Rs 4,00,000 was imposed under Section 15A(b) of the SEBI Act, with no violation of Regulation 7(2)(b) found.
Full text
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Source: SecMarx — sebi:ORDER/BM/DS/2021-22/14254. 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.