M/s. Alka Securities Limited
Penalties and directions recorded
- Interim restraint on brokers/promoters from accessing securities market continued pending investigation
SAT-appeal
- SAT matter SATV-0CF7FA332F86B57DD6AB260FImpugned communication dated 8 February 2010 set aside insofar as it declined permission to open a fresh depository account · Appellant permitted to open a separate account for securities of existing clients as held on 28 July 2009Appeal: Appeal Nos. 60 and 61 of 2010 disposed of at the admission stage on 26 April 2010; no costs
- Prima-facie manipulation of price and trading volumes of listed scrip Alka Securities Ltd involving large off-market transfers and co-mingling of shares in brokers' beneficial owner accounts.SEBI directed to conclude pending investigations expeditiously not later than March 31, 2010 · Interim restraint on brokers/promoters from accessing securities market continued pending investigationAppeal: Appeal No. 231 of 2009 disposed on 11.11.2009
Source: SecMarx — M/s. Alka Securities Limited. 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.