sebi:Order/GR/BM/2023-24/28999
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Facts / Headnote
Penalty imposed on the Noticee for violation of PFUTP Regulations, 2003
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
- Greatfin Leasing & Credit Limited
Holding
The Noticee, Greatfin Leasing & Credit Limited, was found to have violated Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of the PFUTP Regulations, 2003 by executing non-genuine reversal trades in the stock options segment of BSE, and a penalty of ₹5,00,000 was imposed under Section 15HA of the SEBI Act, 1992.
Full text
Adjudication Order in respect of Greatfin Leasing & Credit Limited in the matter of trading in Illiquid Stock Options at BSE Page 2 of 19
Adjudication Order in respect of Greatfin Leasing & Credit Limited in the matter of trading in Illiquid Stock Options at BSE Page 3 of 19
Adjudication Order in respect of Greatfin Leasing & Credit Limited in the matter of trading in Illiquid Stock Options at BSE Page 4 of 19
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Source: SecMarx — sebi:Order/GR/BM/2023-24/28999. 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.