sebi:Order/AN/AK/2023-24/29952
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Facts / Headnote
Penalty imposed on the Noticee for delayed disclosure under Regulation 29(1) read with Regulation 29(3) of SAST Regulations
Provisions invoked
- s. 15A
- s. 15
- s. 11B
- s. 11
- s. 15J
- s. 15F
- s. 28A
Regulations
- Reg. 29(1)
- Reg. 29
- Reg. 29(3)
Parties
- Tanuja Gokaraju
Holding
The Noticee violated Regulation 29(1) read with Regulation 29(3) of the SAST Regulations, 2011 by failing to disclose her crossing of the 5% shareholding threshold within two working days, and is liable for a monetary penalty of Rs. 1,00,000 under Section 15A(b) of the SEBI Act, 1992.
Full text
Adjudication Order in respect of Tanuja Gokaraju in the matter of Healthy Investments Ltd. Page 2 of 10 July 24, 2023 to inquire into and adjudge under Section 15A (b) of the SEBI Act, 1992, the aforesaid alleged violation by the Noticee.
Adjudication Order in respect of Tanuja Gokaraju in the matter of Healthy Investments Ltd. Page 3 of 10 such target company, shall disclose their aggregate shareholding and voting rights in such target company in such form as may be specified: Provided that in case of listed entity which has listed its specified securities on Innovators Growth Platform, any reference to "five per cent" shall be read as "ten per cent" …… 29.(3) The disclosures required under sub-regulation (1) and sub-regulation (2) shall be made within two working days of the receipt of intimation of allotment of shares, or the acquisition or the disposal of shares or voting rights in the target company to, — (a) every stock exchange where the shares of the target company are listed; and (b) the target company at its registered office. ….”
Adjudication Order in respect of Tanuja Gokaraju in the matter of Healthy Investments Ltd. Page 4 of 10 2. I did not pay any consideration for the aforesaid transfer. My husband transferred these shares as a gift to me.
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Source: SecMarx — sebi:Order/AN/AK/2023-24/29952. 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.