sebi:ORDER/BM/RK/2024-25/30586
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
SCN disposed of without imposing any penalty
Provisions invoked
- s. 15
- s. 15H
- s. 15J
Regulations
- Reg. 9A
- Reg. 2(1)(n)
- Reg. 9A(1)
- Reg. 2(1)(e)
Parties
- Ashok Kumar Gupta
Holding
The Noticee violated Regulations 9A(1) and 9A(2)(b) of PIT Regulations by failing to identify the fund-raising event as UPSI from September 1, 2021, but the SCN dated February 28, 2024 was disposed of without imposing any penalty.
Full text
Adjudication Order in the matter of insider trading activity by certain entities in the scrip of Shalimar Paints Limited 2
Adjudication Order in the matter of insider trading activity by certain entities in the scrip of Shalimar Paints Limited 3
Adjudication Order in the matter of insider trading activity by certain entities in the scrip of Shalimar Paints Limited 4
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:ORDER/BM/RK/2024-25/30586. 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.