sebi:Order/BJD/BKM/2018-19/1408-1416
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Facts / Headnote
Violations established against Noticees 1-9 under PIT 1992/PIT 2015 and SAST 2011; monetary penalty of Rs. 21,00,000 imposed in total (including Rs. 3,00,000 on Nandini Nopany)
Provisions invoked
- s. 15A
- s. 15
- s. 19
- s. 15J
Regulations
- Reg. 13
- Reg. 199
- Reg. 13(3)
- Reg. 29
- Reg. 13(6)
- Reg. 13(4)
- Reg. 13(5)
- Reg. 29(2)
- Reg. 29(3)
- Reg. 12
- Reg. 201
- Reg. 12(2)
- Reg. 2(q)
- Reg. 28(3)
Parties
- Shree Hanuman Sugar & Industries Limited (SHIL)
- Shruti Limited
- Bimal Nopany
- Nandini Nopany
- Nopany Investments Private Limited
- Shruti Vora
- NNP Trading and Investments Private Limited
- Indian Die-Casting Company Limited
- Kolhapur Forge Pvt Ltd
Holding
The Noticees were held liable for failing to make timely disclosures of changes in shareholding under PIT 1992 (read with PIT 2015) and SAST 2011 during the investigation period March 12, 2014 to December 31, 2014, and monetary penalties were imposed under Section 15A(b) of the SEBI Act totalling Rs. 21,00,000.
Full text
_____________________________________________________________________________________ Adjudication Order in Shree Hanuman sugar & Industries Limited Page 2 of 28
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_____________________________________________________________________________________ Adjudication Order in Shree Hanuman sugar & Industries Limited Page 4 of 28
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Source: SecMarx — sebi:Order/BJD/BKM/2018-19/1408-1416. 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.