sebi:Order/AP/AS/2020-21/7504

SEBI · SEBI · 2015-06-23 · Amit Pradhan, 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

Violation established; monetary penalty imposed

Provisions invoked

Regulations

Parties

Holding

The Noticee, being a promoter of Nagpur Power & Industries Limited, violated Regulation 13(4A) read with Regulation 13(5) of the PIT Regulations, 1992 by repeatedly failing to disclose acquisitions to the Company and BSE, and is liable to a monetary penalty of Rs. 5,00,000 under Section 15A(b) of the SEBI Act.

Full text

______________________________________________________________________________________ Adjudication Order in respect of in respect of Informed Technologies India Limited in the matter of Nagpur Power & Industries Limited. Page 2 of 8

______________________________________________________________________________________ Adjudication Order in respect of in respect of Informed Technologies India Limited in the matter of Nagpur Power & Industries Limited. Page 3 of 8

______________________________________________________________________________________ Adjudication Order in respect of in respect of Informed Technologies India Limited in the matter of Nagpur Power & Industries Limited. Page 4 of 8

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Source: SecMarx — sebi:Order/AP/AS/2020-21/7504. 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.