sebi:Order/PM/PA/2021-22/15672-15674
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Provisions invoked
- s. 15
- s. 19
- s. 11B
- s. 12A
- s. 12
- s. 11
- s. 15H
- s. 15G
- s. 15J
- s. 15F
Regulations
- Reg. 4
- Reg. 3
- Reg. 5
- Reg. 3(i)
- Reg. 4(1)
- Reg. 201
- Reg. 199
- Reg. 2(1)(d)
- Reg. 2(1)(g)
- Reg. 2(1)(n)
- Reg. 5(2)(i)
- Reg. 5(4)
- Reg. 5(2)
- Reg. 4(2)
- Reg. 5(1)
- Reg. 2(1)(f)
Parties
- Noticee 1
- Noticee 2
- Noticee 3
Holding
On the material extracted up to page 46, the Adjudicating Officer holds that Noticee 3 as managing director and promoter and Noticee 1 as spouse and Noticee 2 as sister are insiders who had access to UPSI-I and UPSI-II. The Officer further finds UPSI-I ran from April 07, 2016 to May 30, 2016 and that trades during that period from the accounts of Noticee 1 and Noticee 2, operated by Noticee 3, are established and undisputed.
Full text
Adjudication order in respect of three entities, Page 2 of 59 In the matter of Mohota Industries Ltd. were in possession of unpublished price sensitive information (hereinafter referred to as “UPSI”) relating to the financial results of the Company pertaining to the period ending on March 31, 2016 which was declared on May 30, 2016.
Adjudication order in respect of three entities, Page 3 of 59 In the matter of Mohota Industries Ltd. C. SHOW CAUSE NOTICE, REPLY AND HEARING
Adjudication order in respect of three entities, Page 4 of 59 In the matter of Mohota Industries Ltd. Description F.Y ended (Audited) Quarter ended (Unaudited) March 31, 2015 March 31, 2016 September 30, 2015 (Unaudited) December 31, 2015
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Source: SecMarx — sebi:Order/PM/PA/2021-22/15672-15674. 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.