sebi:Order/AS/DP/2024-25/31319
Facts / Headnote
Violations established; monetary penalty imposed
Provisions invoked
- s. 11B
- s. 11
- s. 15
- s. 19
- s. 15H
- s. 15J
- s. 15F
- s. 28A
Regulations relied on
- SEBI (PFUTP) Regulations, 2003 — 3(a)
- SEBI (PFUTP) Regulations, 2003 — 3(b)
- SEBI (PFUTP) Regulations, 2003 — 3(c)
- SEBI (PFUTP) Regulations, 2003 — 3(d)
- SEBI (PFUTP) Regulations, 2003 — 4(1)
- SEBI (PFUTP) Regulations, 2003 — 4(2)(a)
Parties
- Hemant Purshotamdas Gopani HUF
Holding
The Noticee was found to have violated Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of the PFUTP Regulations by executing non-genuine reversal trades in illiquid stock options at BSE, and a monetary penalty of ₹5,00,000 was imposed under Section 15HA of the SEBI Act.
Full text
Adjudication Order in respect of Hemant Purshotamdas Gopani HUF in the matter of dealings in Illiquid Stock Options at BSE
Adjudication Order in respect of Hemant Purshotamdas Gopani HUF in the matter of dealings in Illiquid Stock Options at BSE
Adjudication Order in respect of Hemant Purshotamdas Gopani HUF in the matter of dealings in Illiquid Stock Options at BSE
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:Order/AS/DP/2024-25/31319. 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.