National Stock Exchange Ltd.

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Rs 1,68,54,964.63 proceeds to remain in separate fixed deposit with interest with respondent 3
Prayer to reverse 19000-share transaction rejected to protect innocent purchasers; no costs

SAT-appeal

Challenge to refusal of exemption and restraint on a proposed preferential allotment for non-compliance with preferential issue conditions and minimum public shareholding requirements.
Appeal: Appeal No. 434 of 2020, with Misc. Application No. 479 of 2020, decided by SAT on 9 September 2021; outcome not included in the supplied text.
Alleged cornering of IPO shares reserved for retail applicants in Yes Bank and IDFC IPOs; sale of 19000 RIL shares on 13.1.2006 in breach of 12.1.2006 debarment order.
Appeal disposed; withholding of sale proceeds upheld as 13.1.2006 sale contravened 12.1.2006 order · Rs 1,68,54,964.63 proceeds to remain in separate fixed deposit with interest with respondent 3
Appeal: Appeal No. 94 of 2006 disposed on 9.8.2007 with no order as to costs

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Source: SecMarx — National Stock Exchange 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.