sebi:Order/AK/RK/2025-26/31584

SEBI · SEBI · 2025-05-19 · Amit Kapoor, Adjudicating Officer

This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.

Facts / Headnote

Violations established in part; penalty of Rs. 5,00,000 imposed u/s 15HB

Provisions invoked

Regulations

Parties

Holding

The Noticee violated eight of nine alleged cyber-security and systems provisions and the VAPT allegation was not established; a monetary penalty of Rs. 5,00,000 under Section 15HB of the SEBI Act was imposed.

Full text

Adjudication Order in the matter of Zebu Share and Wealth Management Pvt. Ltd. Page 2 of 22 ‘Adjudication Rules’) r/w Section 19 of the SEBI Act to inquire into and adjudge u/s 15HB of the SEBI Act, the alleged violations.

Adjudication Order in the matter of Zebu Share and Wealth Management Pvt. Ltd. Page 3 of 22 1. Threshold Revision: The alert generation threshold has been adjusted from 80% to 70% of installed capacity, ensuring full compliance with SEBI’s mandated guidelines.

Adjudication Order in the matter of Zebu Share and Wealth Management Pvt. Ltd. Page 4 of 22 access events. The Incident Management Policy has been fully integrated into Zebu’s broader IT governance and operational workflows, embedding incident response processes into key functions such as:

You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.

Free accounts include 10 searches/day with full order access.

Analyse this matter in Ontology · Plans

Source: SecMarx — sebi:Order/AK/RK/2025-26/31584. 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.