sebi:SO/AS/VC/2024-25/7491
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Facts / Headnote
Disposed of via settlement in terms of Section 15JB of the SEBI Act read with Regulation 23(1) of the Settlement Regulations on the basis of the settlement terms
Provisions invoked
- s. 15J
- s. 23A
Regulations
- Reg. 25
- Reg. 28
- Reg. 23(1)
- Reg. 30(1)
- Reg. 30(2)
- Reg. 30(9)
Parties
- Coffee Day Enterprises Limited
Holding
The adjudication proceedings initiated against Coffee Day Enterprises Limited vide SCN dated October 16, 2023 are disposed of via settlement upon payment of settlement amount of Rs. 7,52,400 in terms of Section 15JB of the SEBI Act read with Regulation 23(1) of the Settlement Regulations.
Full text
------------------------------------------------------------------------------------------------------------- Settlement Order in the matter of Coffee Day Enterprises Limited Page 2 of 3
------------------------------------------------------------------------------------------------------------- Settlement Order in the matter of Coffee Day Enterprises Limited Page 3 of 3
3. A Show Cause Notice bearing ref. no. AO/SK/VP/42471/1/1/2023 dated October 16, 2023 (hereafter referred to as “SCN”) was issued to the Noticee in terms of the provisions of Rule 4(1) of the SEBI Adjudication Rules, calling upon the Noticee to show cause why an inquiry should not be held and penalty not be imposed, under Section 23A(a) of the SCR Act for violating the provisions of Regulation 30(1) read with Regulation 30(2) and Regulation 30(9) and read with Clause 6 of Para A of Part A of Schedule III of LODR Regulations.
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Source: SecMarx — sebi:SO/AS/VC/2024-25/7491. 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.