sebi:Order/AK/AJ/2023-24/28837
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Facts / Headnote
Penalty imposed on the Noticee
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
- Sukhisansar Construction Pvt. Ltd.
Holding
The Adjudicating Officer held that Sukhisansar Construction Pvt. Ltd. violated Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of the PFUTP Regulations by executing non-genuine reversal trades in illiquid stock options at BSE, and imposed a penalty of Rs. 5,00,000 under Section 15HA of the SEBI Act.
Full text
Adjudication Order in respect of Sukhisansar Construction Pvt. Ltd. in the matter of dealings in Illiquid Stock Options at BSE
Adjudication Order in respect of Sukhisansar Construction Pvt. Ltd. in the matter of dealings in Illiquid Stock Options at BSE
Adjudication Order in respect of Sukhisansar Construction Pvt. Ltd. in the matter of dealings in Illiquid Stock Options at BSE
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Source: SecMarx — sebi:Order/AK/AJ/2023-24/28837. 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.