Noticee No. 4

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Remaining penalty and disgorgement amount to be deposited from sale proceeds
Stay of recovery granted subject to Noticee Nos. 3 and 4 depositing 50% of the penalty amount within four weeks from 22 June 2026

SAT-appeal

Noticees Nos. 2 to 11 allegedly bought and sold shares of Pressure Sensitive Systems (India) Ltd. during the inspection period, contributing to an artificial increase in trading volume.
Applicant permitted to sell securities in her demat account · Remaining penalty and disgorgement amount to be deposited from sale proceeds
Appeal: Appeal No. 206 of 2025 was pending; Misc. Application No. 288 of 2026 disposed of on 2 April 2026. Recovery had earlier been stayed by SAT order dated 19 June 2025 subject to deposit of 50% of penalty and disgorgement.
SAT matter SATV-1FAA5044369FE0B2C673A9DD
Stay of recovery granted subject to Noticee Nos. 3 and 4 depositing 50% of the penalty amount within four weeks from 22 June 2026 · Deposited amount to be placed by SEBI in an interest-bearing account
Appeal: Appeal No. 180 of 2026; order dated 22 June 2026; recovery stayed conditionally; next listed on 25 August 2026

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Source: SecMarx — Noticee No. 4. 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.