sebi:Order/AK/AJ/2023-24/29000
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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
- Zodiac Vanijya Private Limited
Holding
The Adjudicating Officer held that Zodiac Vanijya Private Limited indulged in fraudulent and unfair trade practices by executing 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 imposed a penalty of Rs 5,00,000 under Section 15HA of the SEBI Act.
Full text
_________________________________________________________________________________ Adjudication Order in respect of Zodiac Vanijya Private Limited in the matter of dealings in Illiquid Stock Options at BSE
_________________________________________________________________________________ Adjudication Order in respect of Zodiac Vanijya Private Limited in the matter of dealings in Illiquid Stock Options at BSE
_________________________________________________________________________________ Adjudication Order in respect of Zodiac Vanijya Private Limited in the matter of dealings in Illiquid Stock Options at BSE
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Source: SecMarx — sebi:Order/AK/AJ/2023-24/29000. 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.