M. Prasad & Co. Ltd.
Penalties and directions recorded
- Recovery of Rs 5.69 crore penalty stayed subject to 25% deposit condition
SAT-appeal
- SAT matter SATV-389CEAEA13E6B3A6F0FBE502Corrected paragraphs 2 and 5 of the order dated 17 June 2026 to show NSE, rather than SEBI, as the respondent. · Praecipe filed by NSE disposed of.Appeal: Appeal No. 128 of 2026 before SAT; order dated 18 June 2026 disposed of NSE's praecipe seeking correction.
- SAT matter SATV-D968C06D075F23AE2BD93FC0Respondent allowed four weeks to file reply · Rejoinder, if any, to be filed within two weeks thereafterAppeal: Appeal No. 128 of 2026 pending; reply/rejoinder stage, next date August 27, 2026
- Alleged synchronised reversal trades in NIFTY call options between appellant's proprietary account and client/sister concern Monet Securities.Recovery of Rs 5.69 crore penalty stayed subject to 25% deposit condition · Misc. Application No.418 of 2026 in Appeal No.128 of 2026 disposed ofAppeal: Appeal No.128 of 2026 pending; Misc. Application No.418 of 2026 disposed of on 17 June 2026 with conditional stay on recovery
- SAT matter SATV-B9A331B8FAE6EEDCB3AA786AFor admission, call on May 08, 2026
Source: SecMarx — M. Prasad & Co. 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.