sebi:Order/PM/SM/2022-23/17387
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Facts / Headnote
Violation of regulation 7(2)(a) of PIT Regulations established; monetary penalty of Rs 1,00,000 imposed under section 15A(b) of the SEBI Act
Provisions invoked
- s. 15A
- s. 15
- s. 19
- s. 11B
- s. 11
- s. 15F
Regulations
- Reg. 6(2)
- Reg. 7(2)(a)
Parties
- Vishwa S R Kulkarni
Holding
The Noticee, an employee of Mindtree Ltd. during January 01, 2019 to March 31, 2019, violated regulation 7(2)(a) of the PIT Regulations on three occasions by failing to disclose trades aggregating to Rs 35,09,902 within two trading days, and is liable to a monetary penalty of Rs 1,00,000 under section 15A(b) of the SEBI Act.
Full text
Adjudication Order in respect of Vishwa S R Kulkarni, Page 2 of 12 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 Vishwa S R Kulkarni, Page 3 of 12 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 Vishwa S R Kulkarni, Page 4 of 12 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/2022-23/17387. 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.