Mr. Naresh Kumar

4 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Stay of recovery of WTM order subject to deposit of 50% of penalty and disgorgement amount

SAT-appeal

SAT matter SATV-29A7C643ABECD9B77C13D562
Call on September 11, 2025
Appeal: Appeal No. 397 of 2025 along with Misc. Application Nos. 949 and 950 of 2025 pending, next date September 11, 2025
Violation of SEBI Act, 1992 and PFUTP Regulations, 2003 leading to joint and several disgorgement with Noticee Nos.25-26, 1-year market restraint and Rs.5 lakh penalty
Stay of recovery of WTM order subject to deposit of 50% of penalty and disgorgement amount · SEBI to keep deposited amount in interest-bearing account
Appeal: Appeal No.397 of 2025 with Misc. Applications 949-950/2025; reserved 11 Sep 2025, interim stay order pronounced 27 Oct 2025; main appeal pending
SAT matter SATV-FEA195A4E1FA071A02AB931E
By consent, matter to be called on September 11, 2025
Appeal: Appeal No. 397 of 2025 with Misc. Application Nos. 949 and 950 of 2025 pending; adjourned by consent to September 11, 2025
SAT matter SATV-717CCED64F5988A8C72C8551
Appeal admitted · SEBI granted six weeks to file a reply
Appeal: Appeal No. 397 of 2025 admitted on 11 September 2025; interim prayer for stay reserved

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Source: SecMarx — Mr. Naresh Kumar. 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.