sebi:Order/BM/DS/2021-22/14793
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Violation of Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of PFUTP Regulations, 2003 established; penalty imposed under Section 15HA of SEBI Act, 1992
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)
Parties
- Rajendra Kumar Agrawal HUF
Holding
The Noticee (Rajendra Kumar Agrawal HUF) was found to have executed non-genuine reversal trades in stock options on BSE, generating artificial volume of 1,36,000 units in contract PNBK15JUL140.00CE, thereby violating Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of the PFUTP Regulations, 2003, and a penalty was imposed under Section 15HA of the SEBI Act, 1992.
Full text
Adjudication Order in the matter of trading in illiquid stock options on BSE in respect of Rajendra Kumar Agrawal HUF Page 2 of 28
Adjudication Order in the matter of trading in illiquid stock options on BSE in respect of Rajendra Kumar Agrawal HUF Page 3 of 28
Adjudication Order in the matter of trading in illiquid stock options on BSE in respect of Rajendra Kumar Agrawal HUF Page 4 of 28
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/BM/DS/2021-22/14793. 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.