sebi:Order/GR/RK/2021-22/15666
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Facts / Headnote
Violation established; penalty of Rs 5,00,000 imposed under Section 15HA of SEBI Act, 1992
Provisions invoked
- s. 15
- s. 19
- s. 15H
- s. 15J
- s. 15F
- s. 28A
Regulations
- Reg. 3
- Reg. 4(1)
- Reg. 3(a)
Parties
- DD FOOTWEAR PRIVATE LIMITED
Holding
The Noticee violated Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of PFUTP Regulations, 2003 by executing 11 non-genuine reversal trades in 5 illiquid stock option contracts creating artificial volume, and penalty of Rs 5,00,000 under Section 15HA of SEBI Act, 1992 was imposed.
Full text
Adjudication Order in respect of DD FOOTWEAR PRIVATE LIMITED in the matter of dealings in Illiquid Stock Options at the BSE
Adjudication Order in respect of DD FOOTWEAR PRIVATE LIMITED in the matter of dealings in Illiquid Stock Options at the BSE
Adjudication Order in respect of DD FOOTWEAR PRIVATE LIMITED in the matter of dealings in Illiquid Stock Options at the BSE
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Source: SecMarx — sebi:Order/GR/RK/2021-22/15666. 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.