sebi:Order/PB/AS/2021-22/13003
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Facts / Headnote
Penalty imposed on the Noticee for violation of clause 35 of the Equity Listing Agreement read with section 21 of the SCRA, 1956
Provisions invoked
- s. 28A
- s. 21
- s. 23
- s. 23H
- s. 23J
Parties
- Delta Leasing & Finance Ltd
Holding
The Noticee submitted wrong shareholding details to BSE as regards the promoter group, thereby violating clause 35 of the Equity Listing Agreement read with section 21 of the SCRA, 1956, and a penalty of Rs 2,00,000/- was imposed under section 23H of the SCRA, 1956.
Full text
Adjudication order in respect of Delta Leasing & Finance Ltd in the matter of Delta Leasing & Finance Ltd Page 2 of 14 1956. Thereafter, the present proceedings were transferred to Shri K Saravanan, conveyed vide communique dated October 28, 2020, and further, to the undersigned, conveyed vide communique dated July 14, 2021.
Adjudication order in respect of Delta Leasing & Finance Ltd in the matter of Delta Leasing & Finance Ltd Page 3 of 14 6 Pradeep Kumar Jindal & Sons Huf 418625 3.61 -130375 -1.12 7 Hemant Goel -103404 -0.89 -127500 -1.10 8 Pradeep Kumar Jindal HUF 0 0.00 -26000 -0.22 9 Reena Oil Industry Pvt Ltd 0 0.00 -12300 -0.11 10 Synfonia Pharmaceuticals Pvt Ltd 0 0.00 -9300 -0.08 11 Meera Mishra 46130 0.40 26130 0.22 12 Seema Khandelwal 168500 1.46 168500 1.46 13 Subodh Kumar Khandelwal 233900 2.01 233900 2.01 14 Aanchal Jindal 266780 2.30 266780 2.30 15 Pradeep Kumar Jindal -54025 -0.47 520975 4.49 16 Ajay Kumar Jindal 469110 4.04 540000 4.65 17 Laxman Singh Satyapal 567700 4.90 567700 4.90 18 Renu Jindal 580000 5.00 580000 5.00
Adjudication order in respect of Delta Leasing & Finance Ltd in the matter of Delta Leasing & Finance Ltd Page 4 of 14 6. Thereby, it is alleged that by submitting wrong shareholding details to BSE as regards the promoter group, Noticee violated provisions of Clause 35 of the Equity Listing Agreement read with Section 21 of the SCRA, 1956.
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