sebi:Order/GR/RR/2020-21/9392-9393
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Facts / Headnote
Penalty imposed on both Noticees for failure to make disclosures under SAST Regulations
Provisions invoked
- s. 15A
- s. 15
- s. 15J
- s. 28A
Regulations
- Reg. 29(1)
- Reg. 29(2)
- Reg. 29(3)
Parties
- Speciality Papers Limited
- Orange Mist Productions Pvt. Limited
Holding
Noticee 1 (Speciality Papers Limited) violated Regulation 29(2) read with Regulation 29(3) of SAST Regulations, 2011 by failing to disclose the transfer of 8,02,000 shares, and Noticee 2 (Orange Mist Productions Pvt. Limited) violated Regulation 29(1) read with Regulation 29(3) of SAST Regulations, 2011 by failing to disclose acquisition of 8,02,000 shares (5.97%) of Amrapali Fincap Limited. A penalty of Rs. 1,00,000/- each was imposed on both Noticees under Section 15A(b) of the SEBI Act, 1992.
Full text
Adjudication Order against Speciality Papers Limited and Orange Mist Productions Pvt. Limited in the matter of Amrapali Fincap Limited. Page 2 | 13
Adjudication Order against Speciality Papers Limited and Orange Mist Productions Pvt. Limited in the matter of Amrapali Fincap Limited. Page 3 | 13
Adjudication Order against Speciality Papers Limited and Orange Mist Productions Pvt. Limited in the matter of Amrapali Fincap Limited. Page 4 | 13
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Source: SecMarx — sebi:Order/GR/RR/2020-21/9392-9393. 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.