sebi:Order/MC/DPS/2019-20/5172
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Facts / Headnote
Penalty imposed on the Noticee
Provisions invoked
- s. 15A
- s. 15I
- s. 15J
Regulations
- Reg. 13
- Reg. 8
- Reg. 8(3)
- Reg. 7(3)
Parties
- M/s Genera Agri Corp Limited
Holding
The Noticee was found to have violated Regulation 7(3) and Regulation 8(3) of the SAST Regulations, 1997 by failing to make mandated disclosures within the prescribed time, and a penalty of Rs. 2,00,000 was imposed under Section 15A(b) of the SEBI Act.
Full text
Adjudication Order in the matter of M/s Genera Agri Corp Limited Page 2 of 12 alleged violations against the Noticee. Subsequently, vide order dated May 10, 2018, the undersigned was appointed as Adjudicating Officer in the matter.
Adjudication Order in the matter of M/s Genera Agri Corp Limited Page 3 of 12 Year Due Date of compliance Actual Date of compliance Delay 2007-2008 30.04.2008 01.11.2010 915 days 2008-2009 30.04.2009 01.11.2010 550 days 2009-2010 30.04.2010 01.11.2010 185 days
Adjudication Order in the matter of M/s Genera Agri Corp Limited Page 4 of 12 intimation of acquisition, allegedly violated Regulation 7(3) of SAST Regulations.
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Source: SecMarx — sebi:Order/MC/DPS/2019-20/5172. 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.