sebi:Order/MC/DS/2020-2021/10068

SEBI · SEBI · 2020-06-30 · Maninder Cheema, Adjudicating Officer

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Facts / Headnote

Adjudication proceeding against K K Securities Ltd disposed of; allegations not established

Provisions invoked

• s. 12A
• s. 12
• s. 15H
• s. 15J

Regulations

• Reg. 4(1)
• Reg. 3(a)

Parties

• K K Securities Ltd

Holding

The allegation that K K Securities Ltd violated Section 12A(a),(b),(c) of the SEBI Act read with Regulations 3(a),(b),(c),(d) and 4(1), 4(2)(a),(e) of the PFUTP Regulations does not stand established, and the adjudication proceeding is disposed of.

Full text

Adjudication Order in respect of K K Securities Ltd in the matter of PMC Fincorp Limited Page 2 of 23 Noticee. The appointment of the AO was communicated vide order dated June 30, 2020.

Adjudication Order in respect of K K Securities Ltd in the matter of PMC Fincorp Limited Page 3 of 23 Period Duration Opening Price/ vol on 1st day of period(Rs.) Closing Price/ Vol on last day of period(Rs.) Low Price/Vol during the Period(Rs.) High Price/Vol during the Period(Rs.) Avg no of shares traded daily during the period Patch 3 20/03/2013- 12/03/2014 (in Rs.) (20/03/2013) (10/03/2014) Volume 453379 29393 1 (02/04/2013) 524490 (21/03/2013)

Adjudication Order in respect of K K Securities Ltd in the matter of PMC Fincorp Limited Page 4 of 23 7. The adjusted price volume chart during the IP is as under:-

Source: SecMarx — sebi:Order/MC/DS/2020-2021/10068. 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.