sebi:ORDER/BM/DS/2021-22/15031
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Violation established; penalty imposed
Provisions invoked
- s. 15A
- s. 15
- s. 19
- s. 15J
- s. 28A
Regulations
- Reg. 7(2)
- Reg. 7(2)(a)
- Reg. 201
- Reg. 9(1)
Parties
- Rajesh Chopra
Holding
The Noticee, an employee of Varun Beverages Limited, violated Regulation 7(2)(a) of the SEBI PIT Regulations, 2015 on four occasions in January and March 2017 by failing to disclose trades exceeding Rs. ten lakhs, and is liable to penalty under Section 15A(b) of the SEBI Act, 1992. A penalty of Rs. 3,00,000 was imposed.
Full text
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Source: SecMarx — sebi:ORDER/BM/DS/2021-22/15031. 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.