sebi:Order/JS/VC/2025-26/31971-31972
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Facts / Headnote
Found that Noticee-1 and Noticee-2 traded in Torrent Power Limited while in possession of UPSI communicated by Noticee-3
Provisions invoked
- s. 15
- s. 19
- s. 12A
- s. 15G
- s. 15J
- s. 28A
- s. 2(1)
- s. 24
- s. 313
Regulations
- Reg. 4(2)
- Reg. 4(1)
- Reg. 2(1)(d)
- Reg. 2(1)(g)
- Reg. 2(1)(d)(i)
- Reg. 2(1)(n)(i)
- Reg. 3(1)
- Reg. 2(1)(n)
- Reg. 2(1)(g)(i)
Parties
- Noticee-1
- Noticee-2 - Mrs. Deepti Chhajer
- Noticee-3
Holding
The financial results of Torrent Power Limited for quarter ended December 31, 2022 were UPSI, Noticee-3 was an insider in possession thereof, and Noticee-1 and Noticee-2 traded on its basis while in possession of UPSI communicated by Noticee-3.
Full text
Adjudication Order in the matter of trading activities of an entity in the scrip of Torrent Power Limited Page 2 of 52 APPOINTMENT OF ADJUDICATING OFFICER
Adjudication Order in the matter of trading activities of an entity in the scrip of Torrent Power Limited Page 3 of 52 January 2, 2023 to February 28, 2023 (hereinafter referred to as “Investigation Period/ IP”).
Adjudication Order in the matter of trading activities of an entity in the scrip of Torrent Power Limited Page 4 of 52 Particul ars Period Price / Volum e Opening Price and Volume (₹ lakh) on the First Day of the Period Closing Price and Volume (₹ lakh) on the Last Day of the Period Low Price and Volume (₹ lakh) during the Period High Price and Volume (₹ lakh) during the Period Average no. of shares traded during the period (₹ lakh) Pre - UPSI Period January 02, 2023, to January 16, 2023 Price 498.8
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Source: SecMarx — sebi:Order/JS/VC/2025-26/31971-31972. 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.