Anshul Aggarwal

SAT-appeal

• Alleged coordinated price and volume manipulation through trades and false or misleading YouTube videos recommending purchase of Sadhna and Sharpline shares, inducing investors to buy at inflated prices.
  Appeals challenged WTM confirmatory orders dated 11 July 2023 and 20 July 2023. · WTM directions included impounding alleged unlawful gains, freezing bank accounts and restraining access to the securities market.
  Appeal: Appeal Nos. 672 to 683 of 2023 were heard together; order dated 9 October 2023. Earlier Appeal Nos. 284 and 285 of 2023 and order dated 12 July 2023 are mentioned; investigation-extension order dated 4 October 2023.
• Alleged coordinated pump-and-dump via false/misleading YouTube buy recommendations to inflate price/volume in Sadhna/Sharpline and offload holdings at inflated prices for illegal gains.
  WTM confirmatory orders confirmed ex-parte ad-interim orders dated March 2, 2023 with modifications · Impounding of alleged unlawful gains and freezing of bank accounts continued
  Appeal: Appeals 679-683/2023 vs confirmatory order July 20, 2023 (Sadhna) and Appeals 672-677/2023 vs order July 11, 2023 (Sharpline) reserved 25.09.2023, decided 09.10.2023; prior Appeals 284-285/2023 allowed/partly allowed
• Alleged coordinated pump-and-dump in Sadhna/Sharpline via false YouTube buy recommendations inducing investors while promoters offloaded at inflated prices.
  WTM confirmatory order July 20, 2023 confirmed March 2, 2023 interim with modified liability per Table 3 · Total illegal gain modified to INR 40,60,66,012
  Appeal: Group Appeals Nos. 672-677 and 679-683 of 2023 reserved 25.09.2023 decided 09.10.2023; prior Appeals 284-285 of 2023 partly allowed/quashed
• SAT matter SATV-DCD49BE851C9E40843B3AE40
  Appeal withdrawn with liberty to file fresh appeal incorporating confirmatory order · Parties to act on digitally signed copy; certified copy available from Registry on payment
  Appeal: Appeal No. 572 of 2023 with Misc. Application Nos. 837-838 of 2023 withdrawn on 12.07.2023 with liberty to file fresh
• Prima-facie coordinated pump-and-dump in Sadhna Broadcast and Sharpline Broadcast via false YouTube buy recommendations to offload holdings at inflated prices.
  Confirmatory order 20 July 2023 confirming ex-parte interim order 2 March 2023 with modified gain table · Impounding of alleged unlawful gains continued with freezing of bank accounts
  Appeal: SAT Appeals 672-677 and 679-683 of 2023 reserved 25.09.2023 for decision 09.10.2023; prior Appeals 284-285 of 2023 allowed/partly allowed
• Alleged coordinated price and volume manipulation in Sadhna Broadcast and Sharpline Broadcast through trades and misleading YouTube buy recommendations, inducing investors to buy at inflated prices and enabling noticees to offload shares and make unlawful gains.
  Appeals challenge WTM confirmatory orders dated 11 July 2023 and 20 July 2023. · WTM directions included impounding alleged unlawful gains, freezing bank accounts and restraining access to the securities market.
  Appeal: Appeal Nos. 672 to 683 of 2023 heard together; decision dated 9 October 2023. Earlier Appeal Nos. 284 and 285 of 2023 were disposed of, and investigation time was extended on 4 October 2023.
• Alleged coordinated scheme to manipulate volume and price in Sadhna Broadcast and Sharpline Broadcast via false misleading YouTube buy recommendations and offload holdings at inflated prices.
  Confirmatory order 20 July 2023 confirming ex-parte ad-interim order 02 March 2023 in Sadhna matter · Confirmatory order 11 July 2023 confirming ex-parte ad-interim order 02 March 2023 in Sharpline matter
• Coordinated price/volume manipulation in Sadhna and Sharpline Broadcast via false misleading YouTube buy recommendations to induce investors and offload holdings at inflated prices.
  Confirm ex-parte ad-interim order dated March 2, 2023 via confirmatory orders · Impound alleged unlawful gains modified to INR 40,60,66,012
  Appeal: Group Appeals 672-677 and 679-683 of 2023 reserved 25.09.2023 decided 09.10.2023; prior Appeals 284-285 of 2023 allowed/partly allowed
• Alleged coordinated pump-and-dump in Sadhna Broadcast and Sharpline Broadcast via false YouTube buy recommendations to offload holdings at inflated prices.
  Ex-parte ad-interim order dated March 2, 2023 confirmed with modifications · Impounding of alleged unlawful gains and freezing of bank accounts continued
  Appeal: Prior Appeal Nos. 284 of 2023 and 285 of 2023 allowed with modified directions; present group Appeal Nos. 672-683 of 2023 reserved 25.09.2023 decided 09.10.2023
• Alleged coordinated pump-and-dump in Sadhna and Sharpline via false YouTube buy recommendations inducing investors to buy at inflated prices while insiders offloaded for illegal gains.
  Confirmatory order 20 July 2023 confirmed ex-parte ad-interim order 2 March 2023 with modified Table 3 liability · Continued impounding of unlawful gains, freezing bank accounts and securities market restraint
  Appeal: Appeal Nos. 679,680,681,682,683 of 2023 vs confirmatory order 20 July 2023 (Sadhna) and 672-677 of 2023 vs order 11 July 2023 (Sharpline); reserved 25.09.2023, decided 09.10.2023; prior Appeals 284-285 of 2023 allowed partly
• Alleged coordinated pump-and-dump in Sadhna Broadcast and Sharpline Broadcast via false misleading YouTube buy recommendations to induce retail investors while connected entities offloaded holdings at inflated prices.
  WTM confirmatory order dated July 20, 2023 confirmed ex-parte ad-interim order dated March 2, 2023 in Sadhna with modified gains · WTM order dated July 11, 2023 confirmed ex-parte ad-interim order dated March 2, 2023 in Sharpline
  Appeal: Group Appeals Nos. 679-683 and 672-677 of 2023 reserved on 25.09.2023, decided on 09.10.2023; prior Appeals 284-285 of 2023 allowed with modified restraint and escrow directions