sebi:Order/AS/DP/2024-25/31205
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Facts / Headnote
Violation established; penalty of Rs. 20,00,000 imposed under Section 15HB
Provisions invoked
- s. 15
- s. 11B
- s. 11
- s. 15H
- s. 15J
- s. 15F
- s. 28A
Regulations
- Reg. 20
- Reg. 20(5)
Parties
- Nexpact Limited
Holding
The Noticee violated Regulation 20(5) of FPI Regulations and Clause 9 of Part C of the Master Circular read with RBI Circular by exceeding the 30% short-term investment limit. A monetary penalty of Rs. 20,00,000 was imposed under Section 15HB of the SEBI Act.
Full text
Adjudication Order in the matter of examination of compliance with respect to Investment in Debt Instruments by Foreign Portfolio Investor Page 2 of 11
Adjudication Order in the matter of examination of compliance with respect to Investment in Debt Instruments by Foreign Portfolio Investor Page 3 of 11
Adjudication Order in the matter of examination of compliance with respect to Investment in Debt Instruments by Foreign Portfolio Investor Page 4 of 11
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Source: SecMarx — sebi:Order/AS/DP/2024-25/31205. 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.