sebi:Order/SM/DD/2022-23/16259
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Facts / Headnote
Penalty imposed on Noticee for violation of Regulation 7(2)(a) of PIT Regulations
Provisions invoked
- s. 11B
- s. 11
- s. 15A
- s. 15
- s. 19
- s. 15I
- s. 15J
- s. 15F
- s. 28A
Regulations
- Reg. 7(2)(a)
Parties
- Ms. Manju Harilal Gupta
Holding
Noticee Ms. Manju Harilal Gupta violated Regulation 7(2)(a) of PIT Regulations on three occasions by failing to disclose her transactions in Titan Company Ltd. securities within two working days when the traded value exceeded ten lakh rupees, and a penalty of Rs. 1,00,000 was imposed under Section 15A(b) of the SEBI Act.
Full text
Adjudication Order in respect of Manju Harilal Gupta in the matter of Titan Company Ltd. Page 2 of 9 ‘SEBI Act’) for alleged violation of Regulation 7(2)(a) of PIT Regulations by Noticee.
Adjudication Order in respect of Manju Harilal Gupta in the matter of Titan Company Ltd. Page 3 of 9 which were in excess of the limit specified in Regulation 7(2)(a) of PIT Regulations, Noticee was required to make disclosure in terms of the aforesaid regulation. In this regard, in reply to a query by SEBI, TCL vide email dated October 28, 2020, confirmed that it had not received any disclosures from Noticee.
Adjudication Order in respect of Manju Harilal Gupta in the matter of Titan Company Ltd. Page 4 of 9 CONSIDERATION OF ISSUES, EVIDENCE AND FINDINGS
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Source: SecMarx — sebi:Order/SM/DD/2022-23/16259. 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.