sebi:Order/JS/RJ/2025-26/31994
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Facts / Headnote
Penalty imposed on Noticee for violation of PFUTP Regulations
Provisions invoked
- s. 11B
- s. 11
- s. 15
- s. 15H
- s. 15J
- s. 28A
Regulations
- Reg. 4
- Reg. 3
- Reg. 3(a)
- Reg. 26
Parties
- Aashish Kumar Goenka
Holding
The Noticee violated regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of the PFUTP Regulations by executing 14 non-genuine reversal trades in seven stock options contracts on BSE, and a monetary penalty of ₹6,00,000 was imposed under section 15HA of the SEBI Act.
Full text
Adjudication Order in respect of Aashish Kumar Goenka in the matter of dealings in Illiquid Stock Options on BSE Page 2 of 15
Adjudication Order in respect of Aashish Kumar Goenka in the matter of dealings in Illiquid Stock Options on BSE Page 3 of 15 Noticee as Annexure to the SCN. The above referred SCN was issued to Noticee through Speed Post Acknowledgement Due (SPAD) which returned undelivered.
Adjudication Order in respect of Aashish Kumar Goenka in the matter of dealings in Illiquid Stock Options on BSE Page 4 of 15 publication in newspapers where the Noticee was last known to have resided. The notice regarding issuance of SCN and the hearing notice was published in the following manner on July 10, 2025: Table 1 Newspaper Editions English Newspaper Bengali Newspaper Kolkata Morning India Aajkaal
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Source: SecMarx — sebi:Order/JS/RJ/2025-26/31994. 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.