sebi:Order/MC/DS/2020-2021/9628
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Facts / Headnote
Proceedings initiated vide SCN dated July 21, 2020 disposed of; violations not established, no penalty imposed
Provisions invoked
- s. 12A
- s. 12
- s. 15H
- s. 15J
Regulations
- Reg. 2(1)(c)
- Reg. 4(1)
- Reg. 3(a)
Parties
- Radhu Developers Pvt Ltd
Holding
The allegations against Radhu Developers Pvt Ltd of violating Section 12A(a),(b),(c) of SEBI Act read with Regulation 3(a),(b),(c),(d) and Regulation 4(1), 4(2)(a),(e) of PFUTP Regulations in the scrip of PMC Fincorp Limited were held not established, and the adjudication proceedings were disposed of.
Full text
Adjudication Order in respect of Radhu Developers Pvt Ltd in the matter of PMC Fincorp Limited Page 2 of 22 section 15HA of the SEBI Act, the aforesaid alleged violations against the Noticee. The appointment of the AO was communicated vide order dated June 30, 2020.
Adjudication Order in respect of Radhu Developers Pvt Ltd in the matter of PMC Fincorp Limited Page 3 of 22 Period Duration
Adjudication Order in respect of Radhu Developers Pvt Ltd in the matter of PMC Fincorp Limited Page 4 of 22 7. The adjusted price volume chart during the IP is as under:-
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Source: SecMarx — sebi:Order/MC/DS/2020-2021/9628. 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.