sebi:Order/AK/DS/2026-27/32434
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Facts / Headnote
Penalty imposed on the Noticee for violation of PFUTP Regulations
Provisions invoked
- s. 15
- s. 11B
- s. 11
- s. 15H
- s. 15J
Regulations
- Reg. 4
- Reg. 9
- Reg. 3
- Reg. 4(1)
- Reg. 3(a)
Parties
- The Ellenbarrie Tea Company Limited
Holding
The Noticee violated Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of the PFUTP Regulations by executing non-genuine reversal trades in an illiquid stock options contract, and a penalty of Rs 5,00,000 was imposed under Section 15HA of the SEBI Act.
Full text
Adjudication Order in respect of The Ellenbarrie Tea Company Limited in the matter of Illiquid Stock Options at BSE Page 2 of 14
Adjudication Order in respect of The Ellenbarrie Tea Company Limited in the matter of Illiquid Stock Options at BSE Page 3 of 14
Adjudication Order in respect of The Ellenbarrie Tea Company Limited in the matter of Illiquid Stock Options at BSE Page 4 of 14
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Source: SecMarx — sebi:Order/AK/DS/2026-27/32434. 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.