sebi:WTM/AB/IVD/ID7/13161/2021-22
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Facts / Headnote
Violation of PFUTP Regulations found against Noticee Nos. 8, 12 and 19 for Patch-V manipulation; directions under Sections 11(4) and 11B of SEBI Act, 1992 issued with immediate effect; no directions under Section 11B warranted against other Noticees for Patch-V and against 28 Noticees for Patch-VI, with adjudication proceedings noted as pending separately.
Provisions invoked
- s. 11B
- s. 11
- s. 24
- s. 19
- s. 11(1)
- s. 11D
Regulations
- Reg. 4(1)
- Reg. 3(a)
Holding
Noticee Nos. 8 (Aristo Media and Entertainment Pvt. Ltd.), 12 (Ethan Constructions Pvt. Ltd.) and 19 (Dharmendra Rikhinchandra Shah) violated Regulations 3(a), 3(c), 4(1), 4(2)(a) and 4(2)(e) of PFUTP Regulations by significantly contributing to market positive LTP in Patch-V through trades amongst connected entities.
Full text
Final Order in the matter of Allied Computers International (Asia) Limited Page 2 of 31 22 M/s Avance Technologies Limited AAECA5763B 23 Shri Pritesh H Gala AIJPG6591R 24 Smt Jayvantiben D Dedhia AIRPD0247R 25 Shri Bipin Bapu Kamble BBTPK6916Q 26 Ms Anusaya Shankar Sawant CZQPS7886B 27 Shri Nagmaheshwar Balraj Yellamelli ABLPY9972D 28 M/s Nishottam Traders Private Limited AACCN7655D 29 Shri Mahavirsingh N Chauhan AQOPC6330R 30 Smt Anita Rakeshkumar Ranka ADRPR5359R 31 M/s SKR Supreme Electronics & Trading Private Limited AAECS9028D 32 M/s Coastal Fertilisers Limited AAACH6567J 33 M/s Venkateswara Capital Management Limited AAACH6568H 34 M/s Godavari Commercial Services Private Limited AABCG1461B 35 Shri Alpesh Kanubhai Gohil A0SZPG1756E 36 M/s Sanmay Trading Private Limited AANCS8490A 37 M/s Acacio Tradelink Private Limited AAICA0609G (The aforesaid entities are hereinafter referred to by their respective names / Noticee numbers and collectively as “the Noticees”)
Final Order in the matter of Allied Computers International (Asia) Limited Page 3 of 31 Annexure No. Details 1. Basis of Connection of the entities 2. Copies of KYC, MCA documents, off-market details and relevant bank account statements.
Final Order in the matter of Allied Computers International (Asia) Limited Page 4 of 31 of financial results, split & consolidation of shares and meetings of the Board of Directors of the company.
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Source: SecMarx — sebi:WTM/AB/IVD/ID7/13161/2021-22. 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.