sebi:Order/PM/NK/2019-20/4675
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Facts / Headnote
Penalty imposed on the Noticee for failure to make disclosures
Provisions invoked
- s. 15A
- s. 15
- s. 15I
- s. 15J
- s. 28A
Regulations
- Reg. 7
- Reg. 13
- Reg. 199
- Reg. 13(4)
- Reg. 13(5)
- Reg. 29(2)
- Reg. 29(3)
- Reg. 201
- Reg. 35(2)
- Reg. 29
Parties
- Laxman Singh Satyapal
Holding
The Noticee, Laxman Singh Satyapal, violated Regulation 13(4) and 13(4A) read with Regulation 13(5) of SEBI (PIT) Regulations, 1992 and Regulation 29(2) read with Regulation 29(3) of SEBI (SAST) Regulations, 2011 by failing to make required disclosures regarding changes in shareholding in Pawansut Holdings Limited. A monetary penalty of Rs. 15,00,000/- was imposed under section 15A(b) of the SEBI Act, 1992.
Full text
Adjudication Order in respect of Laxman Singh Satyapal in the matter of Trading Activities of Certain Entities in the Scrip of Pawansut Holdings Limited Page 2 of 18
Adjudication Order in respect of Laxman Singh Satyapal in the matter of Trading Activities of Certain Entities in the Scrip of Pawansut Holdings Limited Page 3 of 18
Adjudication Order in respect of Laxman Singh Satyapal in the matter of Trading Activities of Certain Entities in the Scrip of Pawansut Holdings Limited Page 4 of 18
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Source: SecMarx — sebi:Order/PM/NK/2019-20/4675. 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.