sebi:Order/BM/DS/2023-24/27903
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Facts / Headnote
Violation established; penalty of Rs. 30,00,000 imposed on the Noticee
Provisions invoked
- s. 15A
- s. 15
- s. 15J
- s. 28A
- s. 12(3)
- s. 24(2)
Regulations
- Reg. 4
- Reg. 4(1)(c)
- Reg. 30(11)
- Reg. 46(3)
- Reg. 30(12)
Parties
- Vedanta Limited
Holding
The Noticee violated Regulations 4(1)(c), 30(11) read with 30(12) and 46(3) of LODR Regulations by publishing and hosting the September 13, 2022 press release on its letterhead and website regarding semiconductor business pertaining to its ultimate holding company. A penalty of Rs. 30,00,000 under Section 15A(b) of the SEBI Act, 1992 was imposed.
Full text
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Source: SecMarx — sebi:Order/BM/DS/2023-24/27903. 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.