sebi:Order/AA/MG/2019-20/3258
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Facts / Headnote
Penalty of Rs. 5,00,000 imposed under Section 15HA of the SEBI Act
Provisions invoked
- s. 15
- s. 19
- s. 15H
- s. 15I
- s. 15J
- s. 15F
- s. 28A
- s. 15I(1)
Regulations
- Reg. 3
- Reg. 3(a)
Parties
- Abhinandan Vanijya Private Limited
Holding
The Noticee executed 16 non-genuine reversal trades in seven stock option contracts in violation of Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of the PFUTP Regulations and is liable to a monetary penalty of Rs. 5,00,000 under Section 15HA of the SEBI Act.
Full text
____________________________________________________________________ Adjudication Order in respect of Abhinandan Vanijya Private Limited Page 2 of 18
____________________________________________________________________ Adjudication Order in respect of Abhinandan Vanijya Private Limited Page 3 of 18
____________________________________________________________________ Adjudication Order in respect of Abhinandan Vanijya Private Limited Page 4 of 18
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Source: SecMarx — sebi:Order/AA/MG/2019-20/3258. 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.