sebi:Order/AK/AJ/2023-24/28579
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Facts / Headnote
Penalty imposed on the Noticee for violation of PFUTP Regulations
Provisions invoked
- s. 15
- s. 15H
- s. 15J
- s. 28A
Regulations
- Reg. 3
- Reg. 2(1)(c)
- Reg. 4(2)
- Reg. 3(a)
- Reg. 26
- Reg. 2(1)(c)(2)
- Reg. 2(1)(c)(7)
- Reg. 2(1)(c)(8)
Parties
- Rukmani Devi Goenka
Holding
The Noticee, Rukmani Devi Goenka, was found to have indulged in fraudulent and unfair trade practices by executing non-genuine reversal trades in illiquid stock options on BSE, in violation of Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of the PFUTP Regulations, and a penalty of Rs 5,00,000/- was imposed under Section 15HA of the SEBI Act.
Full text
Adjudication Order in respect of Rukmani Devi Goenka in the matter of dealings in Illiquid Stock Options at BSE Page 2 of 14
Adjudication Order in respect of Rukmani Devi Goenka in the matter of dealings in Illiquid Stock Options at BSE Page 3 of 14
Adjudication Order in respect of Rukmani Devi Goenka in the matter of dealings in Illiquid Stock Options at BSE Page 4 of 14
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Source: SecMarx — sebi:Order/AK/AJ/2023-24/28579. 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.