sebi:Order/AP/VS/2020-21/8801

SEBI · SEBI · 2019-08-30 · Amit Pradhan, Adjudicating Officer

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Facts / Headnote

Noticee held liable and penalty of Rs. 1,00,000 imposed

Provisions invoked

• s. 15A
• s. 15I
• s. 15J
• s. 15
• s. 15F
• s. 28A
• s. 393

Regulations

• Reg. 13
• Reg. 199
• Reg. 12

Parties

• Mr. Birendra Kumar Jain

Holding

The Noticee failed to make complete timely disclosure under Regulation 13(2A) of the PIT Regulations, 1992 upon becoming promoter of SRK Industries Limited, and a monetary penalty of Rs.1,00,000 under Section 15A(b) of the SEBI Act was imposed.

Full text

__________________________________________________________________________ Adjudication Order in respect of Mr. Birendra Kumar Jain in the matter of SRK Industries Limited Page 2 of 8

__________________________________________________________________________ Adjudication Order in respect of Mr. Birendra Kumar Jain in the matter of SRK Industries Limited Page 3 of 8 thereunder by the Board shall be deemed to be a reference to the corresponding provisions of these regulations.

__________________________________________________________________________ Adjudication Order in respect of Mr. Birendra Kumar Jain in the matter of SRK Industries Limited Page 4 of 8 e) The Noticee admit that he has not filed the disclosures under the respective regulations in respective format but there has been no non-disclosure on his part. In this regard, he has furnished the shareholding pattern along with promoter shareholding filed under Clause 35 of the Listing Agreement for quarter ended March 2013, submitted by the SRK to BSE.

Source: SecMarx — sebi:Order/AP/VS/2020-21/8801. 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.