sebi:SO/AN/PSD/2025-26/8345
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Facts / Headnote
Settled
Provisions invoked
- s. 19
- s. 15J
Regulations
- Reg. 25
- Reg. 28
- Reg. 15
- Reg. 31
- Reg. 23
Parties
- Rajni Chaturvedi
- Indus Strategy Financial Advisors Private Limited
- Manish Chaturvedi
- Ashish Chaturvedi
Holding
Any proceedings that may be initiated against the Applicants for the alleged front running violations are settled on payment of Rs.44,00,000 each plus disgorgement and six-months voluntary debarment, and SEBI shall not initiate any enforcement action against the Applicants for the said violations.
Full text
2 the Investigation Period (hereinafter referred to as the “IP”), i.e. from January 01, 2022 to December 08, 2023. During the said investigation, the following was observed in respect of the Applicants:
3 4. The Applicants vide email dated March 27, 2025, filed revised settlement terms proposing the settlement terms stated below: Name of the entity Monetary Settlement Terms Non-monetary Settlement Terms Rajni Chaturvedi ₹44,00,000/- (Rupees Forty Four Lakhs only)
4 Indus Strategy Financial Advisors Private Limited ₹44,00,000/- (Rupees Forty Four Lakhs only) Voluntary debarment from buying, selling or dealing in the securities market, either directly or indirectly, for a period of 6 months from the date of the settlement
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Source: SecMarx — sebi:SO/AN/PSD/2025-26/8345. 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.