sebi:Order/AP/SK/2021-22/11579
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 of Rs 1 crore imposed under Section 15HB of the SEBI Act
Provisions invoked
- s. 11B
- s. 15
- s. 15H
- s. 15I
- s. 15J
- s. 28A
Regulations
- Reg. 9
- Reg. 3
- Reg. 9(1)
- Reg. 30
- Reg. 2(1)(n)
Parties
- Aptech Limited
Holding
The Adjudicating Officer held that Aptech Limited failed to close the trading window from March 14, 2016 to September 07, 2016 in relation to UPSI pertaining to the press release dated September 07, 2016 titled “Aptech forays into preschool segment”, violating Clause 4 of Schedule B read with Regulation 9(1) of PIT Regulations, and imposed a monetary penalty of Rs 1,00,00,000 under Section 15HB of the SEBI Act.
Full text
______________________________________________________________________________________ Adjudication Order in the matter of Aptech Limited
______________________________________________________________________________________ Adjudication Order in the matter of Aptech Limited
______________________________________________________________________________________ Adjudication Order in the matter of Aptech Limited
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Source: SecMarx — sebi:Order/AP/SK/2021-22/11579. 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.