sebi:Order/GR/PU/2021-22/14195
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Penalty imposed
Provisions invoked
- s. 15A
- s. 15
- s. 15J
- s. 15F
- s. 28A
Regulations
- Reg. 13
- Reg. 13(3)
- Reg. 29
- Reg. 29(3)
Parties
- Srinivas Rao Marupudi
Holding
The Noticee violated Regulations 29(2) and 29(3) of the SAST Regulations and Regulations 13(3) and 13(5) of the PIT Regulations by failing to disclose the acquisition of 8,36,274 shares within two working days, and a penalty of Rs. 2,00,000/- was imposed under Section 15A(b) of the SEBI Act, 1992.
Full text
__________________________________________________________________________________ Adjudication order against Srinivas Rao Marupudi in the matter of Venus Power Ventures (India) Ltd. Page 2 of 10
__________________________________________________________________________________ Adjudication order against Srinivas Rao Marupudi in the matter of Venus Power Ventures (India) Ltd. Page 3 of 10
__________________________________________________________________________________ Adjudication order against Srinivas Rao Marupudi in the matter of Venus Power Ventures (India) Ltd. Page 4 of 10
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Source: SecMarx — sebi:Order/GR/PU/2021-22/14195. 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.