sebi:ORDER/NH/RJ/2023-24/30188

SEBI · SEBI · 2023-08-10 · N Hariharan, Chief General Manager and Adjudicating Officer

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Facts / Headnote

Noticee held liable for violations; penalty imposed under Section 15HB of the SEBI Act (amount not specified in the extracted text)

Provisions invoked

Regulations

Parties

Holding

The Noticee, a designated person of Electrosteel Castings Limited, was found to have violated Clauses 4, 6 and 10 of Schedule B of the Minimum Standards for Code of Conduct read with Regulation 9(1) of the PIT Regulations, 2015 by trading without pre-clearance, during trading window closure periods, and by executing contra trades. The Noticee was held liable for imposition of penalty under Section 15HB of the SEBI Act.

Full text

ADJUDICATION ORDER Ref. No. ORDER/NH/RJ/2023-24/30188 Adjudication Order in respect of Mr. Rajesh Daga in the matter of suspected insider trading activity of certain entities in the scrip of Electrosteel Castings Limited 2

ADJUDICATION ORDER Ref. No. ORDER/NH/RJ/2023-24/30188 Adjudication Order in respect of Mr. Rajesh Daga in the matter of suspected insider trading activity of certain entities in the scrip of Electrosteel Castings Limited 3

ADJUDICATION ORDER Ref. No. ORDER/NH/RJ/2023-24/30188 Adjudication Order in respect of Mr. Rajesh Daga in the matter of suspected insider trading activity of certain entities in the scrip of Electrosteel Castings Limited 4

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Source: SecMarx — sebi:ORDER/NH/RJ/2023-24/30188. 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.