sebi:Order/AK/AS/2023-24/25929
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Facts / Headnote
Noticee found liable and penalty of Rs. 5,00,000 imposed
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. 34
- Reg. 2(1)(c)(2)
- Reg. 2(1)(c)(7)
- Reg. 2(1)(c)(8)
Parties
- Pawanputra Commosales Pvt Ltd
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 monetary penalty of Rs. 5,00,000 under Section 15HA of the SEBI Act.
Full text
Adjudication Order in respect of Pawanputra Commosales Pvt Ltd in the matter of dealings in Illiquid Stock Options at BSE
Adjudication Order in respect of Pawanputra Commosales Pvt Ltd in the matter of dealings in Illiquid Stock Options at BSE
Adjudication Order in respect of Pawanputra Commosales Pvt Ltd in the matter of dealings in Illiquid Stock Options at BSE
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Source: SecMarx — sebi:Order/AK/AS/2023-24/25929. 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.