sebi:Order/SBM/VS/2022-23/17338-17343
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Facts / Headnote
Noticee Nos. 1 to 6 held liable for violations and monetary penalties imposed under SEBI Act and SCRA.
Provisions invoked
- s. 15
- s. 19
- s. 12A
- s. 21
- s. 15H
- s. 15I
- s. 15J
- s. 28A
- s. 23E
- s. 23
- s. 23H
Regulations
- Reg. 3
- Reg. 4(1)
- Reg. 2(c)
- Reg. 3(a)
- Reg. 12
- Reg. 12(2)
Parties
- Transgene Biotek Ltd.
- Mr. K Koteswara Rao
- Mr. Soma Sekhar Marthi
- Mr. Narayana Murthy Pentyala
- Mr. Deepak Mishra
- Mr. Sampath Kumar Meesala
Holding
The Adjudicating Officer held Noticee Nos. 1 to 4 devised a fraudulent GDR scheme with diversion and cover-up, and Noticee Nos. 5 and 6 aided and abetted it, and imposed monetary penalties under sections 15HA, 15HB of SEBI Act and sections 23E, 23H of SCRA.
Full text
___________________________________________________________________________ Adjudication order in the matter of Transgene Biotek Limited
___________________________________________________________________________ Adjudication order in the matter of Transgene Biotek Limited
___________________________________________________________________________ Adjudication order in the matter of Transgene Biotek Limited
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Source: SecMarx — sebi:Order/SBM/VS/2022-23/17338-17343. 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.