Beeline Broking Ltd.

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Penalties modified to Rs.15 lakh payable by first noticee as second noticee merged with first

SAT-appeal

SAT matter SATV-3C71F01A6592D79272928558
Delay in filing the reply condoned and reply taken on record · Appellants granted three weeks to file rejoinder
Appeal: Appeal No. 132 of 2023; procedural order dated 1 May 2023; reply delay condoned, rejoinder permitted, matter listed for 19 June 2023
Misuse of clients' funds, funding clients / providing exposure beyond T+2+5 days, and non-issuance of contract notes
Appeal allowed in part · Findings on charge 1 and 2 upheld, charge 3 held untenable
Appeal: Appeal No.132 of 2023 allowed in part on 31 January 2025

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Source: SecMarx — Beeline Broking Ltd.. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.