Rajkumar Pande

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

WTM had directed disgorgement of alleged unlawful gains and imposed monetary penalties; SAT considered whether the information was UPSI.
The WTM directed disgorgement of unlawful gains and imposed monetary penalties; the extracted text does not state the amounts or SAT-specific modification.

SAT-appeal

Trading in Future Retail Ltd. shares while in possession of UPSI concerning the proposed scheme of arrangement involving de-merger of the HomeTown business and its combination with FabFurnish, violating Regulation 4(1) of the PIT Regulations.
Appeals challenged the WTM common order dated 3 February 2021 restraining appellants from accessing the securities market. · WTM had directed disgorgement of alleged unlawful gains and imposed monetary penalties; SAT considered whether the information was UPSI.
Appeal: Appeal Nos. 81 of 2021, 85 of 2021, 86 of 2021 and 216 of 2021; hearing on 19 April 2023 and decision dated 20 December 2023. Disposal outcome is not included in the supplied text.
Trading in Future Retail Ltd. shares while allegedly possessing UPSI concerning the proposed merger/demerger of the HomeTown business with FabFurnish, in violation of Regulation 4(1) of the PIT Regulations and Section 12A(d)-(e) of the SEBI Act.
Appeals against the WTM common order dated 3 February 2021 were decided by the SAT. · The WTM order restrained the appellants from accessing the securities market for specified periods.
Appeal: Appeal Nos. 81 of 2021, 85 of 2021, 86 of 2021 and 216 of 2021; decision dated 20 December 2023. Disposal outcome is not included in the extracted text.

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Source: SecMarx — Rajkumar Pande. 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.