sebi:Order/AS/DP/2024-25/31342
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Facts / Headnote
Violation established ex-parte; monetary penalty imposed
Provisions invoked
- s. 11B
- s. 11
- s. 15
- s. 19
- s. 15H
- s. 15J
- s. 15F
- s. 28A
Regulations
- Reg. 4
- Reg. 3
- Reg. 4(1)
- Reg. 3(a)
- Reg. 26
Parties
- Allnew Distributors Pvt. Ltd.
Holding
The Adjudicating Officer held that Allnew Distributors Pvt. Ltd. executed 2 non-genuine reversal trades in illiquid stock options at BSE violating Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of PFUTP Regulations and imposed monetary penalty of Rs. 5,00,000 under Section 15HA of SEBI Act.
Full text
Adjudication Order in respect of Allnew Distributors Pvt. Ltd. in the matter of dealings in Illiquid Stock Options at BSE
Adjudication Order in respect of Allnew Distributors Pvt. Ltd. in the matter of dealings in Illiquid Stock Options at BSE
Adjudication Order in respect of Allnew Distributors Pvt. Ltd. in the matter of dealings in Illiquid Stock Options at BSE
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Source: SecMarx — sebi:Order/AS/DP/2024-25/31342. 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.