sebi:Order/GR/PU/2021-22/14919
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Facts / Headnote
Penalty imposed on the Noticee for violation of SAST Regulations
Provisions invoked
- s. 15A
- s. 15
- s. 15J
- s. 15F
- s. 28A
Regulations
- Reg. 3
- Reg. 8
- Reg. 29(1)
- Reg. 29
- Reg. 31
- Reg. 29(2)
- Reg. 29(3)
- Reg. 31(1)
- Reg. 31(3)
Parties
- Mrs. Harshaben Hirji Thakkar
Holding
The Noticee, as a promoter of Ashapura Intimates Fashion Limited, violated Regulation 29(2) read with Regulation 29(3) and Regulation 31(1) read with Regulation 31(3) of the SAST Regulations by failing to disclose changes in shareholding and encumbrances to the stock exchanges, and a penalty of Rs. 3,00,000/- was imposed under Section 15A(b) of the SEBI Act.
Full text
--------------------------------------------------------------------------------------------------------------------------------------- Adjudication Order in respect of Mrs. Harshaben Hirji Thakkar in the matter of Ashapura Intimates Fashion Limited
--------------------------------------------------------------------------------------------------------------------------------------- Adjudication Order in respect of Mrs. Harshaben Hirji Thakkar in the matter of Ashapura Intimates Fashion Limited
--------------------------------------------------------------------------------------------------------------------------------------- Adjudication Order in respect of Mrs. Harshaben Hirji Thakkar in the matter of Ashapura Intimates Fashion Limited
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Source: SecMarx — sebi:Order/GR/PU/2021-22/14919. 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.