sebi:Order/AK/AJ/2023-24/28686
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Facts / Headnote
Penalty of Rs 5,00,000 imposed under Section 15HA of the SEBI Act on ex-parte basis
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
- Vrinda Devi Agarwal
Holding
The Noticee executed non-genuine reversal trades in illiquid stock options at BSE in violation of Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of the PFUTP Regulations and is liable to a penalty of Rs 5,00,000 under Section 15HA of the SEBI Act.
Full text
Adjudication Order in respect of Vrinda Devi Agarwal in the matter of dealings in Illiquid Stock Options at BSE Page 2 of 14
Adjudication Order in respect of Vrinda Devi Agarwal in the matter of dealings in Illiquid Stock Options at BSE Page 3 of 14
Adjudication Order in respect of Vrinda Devi Agarwal 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/2023-24/28686. 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.