ICICI Securities Limited

SAT-appeal

• The appellants alleged corporate governance failures, inadequate and misleading disclosures, and non-compliance with securities laws relating to Network18 and TV18's rights issue and NSE's listing approval.
  Appeal dismissed as not maintainable under Section 23L of the Securities Contracts (Regulation) Act, 1956. · No costs.
  Appeal: Appeal No. 219 of 2012 decided by SAT on 8 February 2013; dismissed as not maintainable.
• As BRLMs to CARE IPO, failed to ensure true and adequate material disclosures in RHP on RBI/FEMA conditions including minimum capitalization norms for non-resident investors.
  AO had imposed Rs 1 crore penalty jointly and severally for ICDR/Merchant Banker violations, challenged in SAT appeal
  Appeal: Appeal No. 63 of 2015 against AO order dated 28.11.2014; reserved on 31.08.2016, decided on 30.09.2016
• SAT matter SATV-AB8BD923E638A049A543719F
  Appellant to file memo/praecipe showing to whom emails sent with email IDs · Registry to send notice by emails to proposed respondents NSE and ICICI Securities intimating next date
  Appeal: Appeal No. 133 of 2026 with Misc. Application No. 614 of 2026 pending before SAT; procedural order dated 06.07.2026, next hearing 31.07.2026
• BRLMs to CARE IPO allegedly failed to ensure true and adequate material disclosures in DRHP/RHP on RBI/FEMA FDI conditions including minimum capitalization and NOC requirements.
  AO imposed Rs 1 crore penalty jointly and severally on six BRLMs - under challenge in SAT Appeal No. 63 of 2015
  Appeal: Appeal No. 63 of 2015 against AO order dated 28.11.2014; reserved on 31.08.2016, decided on 30.09.2016