sebi:Order/JS/YK/2025-26/31599
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Facts / Headnote
Violation of section 11C(3) of SEBI Act held established and monetary penalty of Rs. 1 lakh imposed under section 15A(a); violation of paras III, IV and V of SEBI Circular dated March 22, 2018 read with paras 34.2, 34.4 and 34.5 of SEBI Master Circular dated May 17, 2023 and clauses A(1), A(2) and A(5) of Schedule II of Brokers Regulations held not established.
Provisions invoked
- s. 11B
- s. 11
- s. 15A
- s. 15
- s. 15H
- s. 15J
- s. 11C(3)
Regulations
- Reg. 9(f)
- Reg. 9
Parties
- Integrated Master Securities Pvt. Ltd.
Holding
Noticee violated section 11C(3) by furnishing recreated December 31, 2024 call recordings as original June-July 2023 order evidence and is liable to Rs. 1 lakh penalty under section 15A(a); the alleged violation of order-evidence maintenance requirements under the SEBI Circulars and Brokers Regulations was held not established on benefit of doubt.
Full text
Adjudication Order in the matter of insider trading activities of certain entities in the scrip of Mastek Ltd. Page 2 of 16
Adjudication Order in the matter of insider trading activities of certain entities in the scrip of Mastek Ltd. Page 3 of 16
Adjudication Order in the matter of insider trading activities of certain entities in the scrip of Mastek Ltd. Page 4 of 16
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Source: SecMarx — sebi:Order/JS/YK/2025-26/31599. 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.