sebi:Order/GR/PU/2021-22/14527
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 29(1) read with 29(3) of SAST Regulations, 2011 found; penalty of Rs 1,00,000 imposed under Section 15A(b) of the SEBI Act
Provisions invoked
- s. 15A
- s. 15
- s. 19
- s. 15J
- s. 15F
- s. 28A
Regulations
- Reg. 29(1)
- Reg. 29
- Reg. 201
Parties
- Dewan Financial Services Ltd.
Holding
The Noticee violated Regulations 29(1) read with 29(3) of SAST Regulations, 2011 by failing to disclose acquisition of 1,60,000 shares on June 04, 2016 crossing 5%, and is liable to a monetary penalty of Rs 1,00,000 under Section 15A(b) of the SEBI Act.
Full text
--------------------------------------------------------------------------------------------------------------------------------------- Adjudication Order in respect of Dewan Financial Services Ltd. in the matter of Multipurpose Trading and Agencies Ltd.
--------------------------------------------------------------------------------------------------------------------------------------- Adjudication Order in respect of Dewan Financial Services Ltd. in the matter of Multipurpose Trading and Agencies Ltd.
--------------------------------------------------------------------------------------------------------------------------------------- Adjudication Order in respect of Dewan Financial Services Ltd. in the matter of Multipurpose Trading and Agencies Ltd.
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/GR/PU/2021-22/14527. 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.