sebi:Order/SBM/AK/2022-22/16250-16253
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Facts / Headnote
Noticees held liable for violation of Section 12A(a),(b),(c) of SEBI Act and Regulations 3(a),(b),(c),(d), 4(1), 4(2)(a), 4(2)(e) of PFUTP Regulations; penalty imposed (amount not specified in extract)
Provisions invoked
- s. 15
- s. 19
- s. 12
- s. 15H
- s. 15J
- s. 28A
Regulations
- Reg. 3
- Reg. 4(1)
- Reg. 4(a)
- Reg. 3(a)
Parties
- Heena Mukesh Tolia (Noticee No. 1)
- Bharati Vilesh Dalal (Noticee No. 2)
- Manoj Mangesh Powar (Noticee No. 3)
- Noticee No. 4
Holding
The four Noticees were found to have manipulated the scrip price of Viaan Industries Limited and created a misleading appearance of trading, in violation of Section 12A(a),(b),(c) of the SEBI Act and Regulations 3(a),(b),(c),(d), 4(1), 4(2)(a) and 4(2)(e) of the PFUTP Regulations.
Full text
________________________________________________________________________________ Adjudication order in respect of 4 entities in the matter of Viaan Industries Limited Page 2 of 25
________________________________________________________________________________ Adjudication order in respect of 4 entities in the matter of Viaan Industries Limited Page 3 of 25
________________________________________________________________________________ Adjudication order in respect of 4 entities in the matter of Viaan Industries Limited Page 4 of 25
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Source: SecMarx — sebi:Order/SBM/AK/2022-22/16250-16253. 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.