Mauria Udyog Limited

SAT-appeal

• SAT matter SATV-0A7BBF21A1BE9F070CE3B435
  Appeal disposed of. · WTM, SEBI to consider and dispose of the appellants' EEFC-account application within three weeks from filing.
  Appeal: Appeal No. 396 of 2025 disposed of by SAT on 22 August 2025; connected Misc. Applications Nos. 925, 926 and 927 of 2025 also disposed of. Earlier Appeal No. 577 of 2023 was disposed of on 18 August 2023.
• SAT matter SATV-12253D0798F1EBF995DAF05A
  Miscellaneous Application No. 867 of 2023 and Appeal (Lodg.) No. 524 of 2023 listed for 14 July 2023
  Appeal: Appeal (Lodg.) No. 524 of 2023 was not on board and was directed to be listed on 14 July 2023; no disposal on merits mentioned
• Alleged coordinated price-volume manipulation in 5 scrips via pre-SMS influencers and bulk SMS buy recommendations orchestrated by Hanif Shekh, with promoter-linked off-loaders dumping shares and routing profits via conduits.
  Impugned direction: deposit Rs 136.40 crores jointly and severally by 226 noticees with interest @12% p.a. · Impugned restraint from accessing securities market during pendency; bank and demat accounts frozen
  Appeal: Appeal Nos. 568 of 2023 and 577 of 2023 with Misc. Application No. 867 of 2023, reserved 04.07.2023/14.07.2023, decided 18.08.2023
• SAT matter SATV-42E7C3EA21A8E9C553886C56
  Miscellaneous Application No. 1281 of 2025 was directed to be listed on 08 December 2025.
  Appeal: Miscellaneous Application No. 1281 of 2025 in Appeal No. 396 of 2025 was pending and adjourned to 08 December 2025.
• SAT matter SATV-A8C06A04D712955C82D95445
  Not on board matter to be called on December 01, 2025
  Appeal: Misc. Application No. 1281 of 2025 in Appeal No. 396 of 2025 pending; next date December 01, 2025
• SAT matter SATV-AD920B336FDCFF719F0A9B12
  Misc. Application No. 1281 of 2025 dismissed as withdrawn with liberty to challenge order dated September 11, 2025
  Appeal: Misc. Application No. 1281 of 2025 in Appeal No. 396 of 2025 dismissed as withdrawn vide SAT order dated 09.12.2025
• SAT matter SATV-BF2759F50EC78D35D66697CF
  Heard at length; order reserved
  Appeal: Appeal No. 537 of 2025 with Misc. Application Nos. 1335 and 1341 of 2025 heard on 12.12.2025; order reserved
• Pump-and-dump in 5 scrips via pre-SMS price-volume manipulation, bulk SMS buy recommendations and off-loading by promoter-connected entities for Rs 136.40 cr unlawful gains.
  Deposit Rs 136.40 crores jointly and severally by 226 noticees with 12% p.a. interest as impounding · Restraint from accessing securities market during pendency
  Appeal: Appeal No. 568 of 2023 and Appeal No. 577 of 2023 with Misc. Application 867/2023 against WTM order 19.06.2023; reserved 04.07.2023/14.07.2023; decided 18.08.2023
• Alleged fraudulent trade practices causing abnormal rise in price and volume in five scrips including Mauria Udyog, generating wrongful gains of Rs 26.19 crores in Mauria scrip.
  Appeal No.537 of 2025 dismissed · No direction to SEBI to instruct ICICI Bank to renew overdraft facility
  Appeal: Appeal No.537 of 2025 with Misc. Applications 1335 and 1341 of 2025 heard and reserved on 12 December 2025, dismissed on 09 January 2026