sebi:Order/PM/SM/2022-23/17385
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Facts / Headnote
Penalty imposed on the Noticee for violation of regulation 7(2)(a) of the PIT Regulations
Provisions invoked
- s. 15A
- s. 15
- s. 19
- s. 11B
- s. 11
- s. 15F
Regulations
- Reg. 6(2)
- Reg. 7(2)(a)
Parties
- Naveen Kumar Kurukuru
Holding
The Noticee violated regulation 7(2)(a) of the PIT Regulations by failing to disclose transactions aggregating to Rs. 54,73,301 in the calendar quarter January 01, 2019 to March 31, 2019 within two trading days, and a monetary penalty of Rs. 1,00,000 was imposed under section 15A(b) of the SEBI Act.
Full text
Adjudication Order in respect of Naveen Kumar Kurukuru, Page 2 of 11 In the matter of Mindtree Ltd. transactions aggregating to a traded value in excess of Rs 10,00,000 over a calendar quarter.
Adjudication Order in respect of Naveen Kumar Kurukuru, Page 3 of 11 In the matter of Mindtree Ltd. indicate whether he would prefer a personal hearing before the adjudicating officer in the matter.
Adjudication Order in respect of Naveen Kumar Kurukuru, Page 4 of 11 In the matter of Mindtree Ltd. from January 01, 2019 to March 31, 2019 to the Company, within two trading days of the transactions, as confirmed by the Company, vide the December 2020 Replies.
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Source: SecMarx — sebi:Order/PM/SM/2022-23/17385. 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.