CAT Technologies Limited

SAT-appeal

• Concealment and submission of false information concerning GDR subscription and financing arrangements; fraudulent and unfair trade practices involving self-financing of GDR subscriptions and non-disclosure of pledge agreements.
  Appeal dismissed · Five-year prohibition on appellants accessing the capital market, directly or indirectly, upheld
  Appeal: Appeal No. 439 of 2021 decided and dismissed on 6 October 2021
• SAT matter SATV-0BA5701EFD87DEC1A95E0A8A
  Review Application No. 26 of 2025 listed for hearing on 4 September 2025
  Appeal: Review Application No. 26 of 2025 in Appeal No. 640 of 2021; adjourned/listed for 4 September 2025 by order dated 20 August 2025
• Company financed its own GDR issues via loan and pledge agreements, concealed pledge from Stock Exchange and gave false information to SEBI, in violation of PFUTP Regulations and Listing Agreement.
  Appeal No. 439 of 2021 dismissed with no order as to costs · WTM order dated 3 April 2019 confirmed - appellants prohibited from accessing capital market directly or indirectly for five years
  Appeal: Appeal No. 439 of 2021 filed against WTM order dated 3 April 2019 dismissed on 06.10.2021; no further appeal mentioned
• Admitted GDR-issue violations leading to AO penalties; challenge confined to quantum as excessive, arbitrary, discriminatory and disproportionate vs similar GDR cases.
  Appeal: Appeal Nos.640-644 of 2021 dismissed by SAT on 18.10.2021; Civil Appeal Nos.865-866, 896, 815, 800 of 2022 dismissed as withdrawn by Supreme Court on 25.11.2024; Review Application Nos.22-26 of 2025 filed thereafter
• SAT matter SATV-3EB1876C49E665D280010D0F
  Review Application No. 26 of 2025 to be listed on 5 February 2026 for filing citations
  Appeal: Review Application No. 26 of 2025 in Appeal No. 640 of 2021; applicant stated that the appeal was withdrawn in the Supreme Court; review adjourned to 5 February 2026