Trafiksol ITS Technologies Ltd.
Penalties and directions recorded
- Refund subscription amounts to successful investors in IPO allotted September 16, 2024
- Cancel shares allotted pursuant to IPO
- Interim order dated December 6, 2024 to continue till further orders
SAT-appeal
- SAT matter SATV-07ABC8C691C0C5CD426191A8Matter heard and order reservedAppeal: Appeal No. 687 of 2024 and Miscellaneous Application No. 1279 of 2024 were heard on 17 December 2024; order reserved.
- Alleged material misstatement in DRHP/RHP objects of issue: Rs 17.70 cr ICCC software procurement based on quotation from M/s Oasis Corpcare Pvt Ltd, alleged shell company with no business.Refund subscription amounts to successful investors in IPO allotted September 16, 2024 · Cancel shares allotted pursuant to IPOAppeal: Appeal No. 687 of 2024 with Misc. Application No. 1279 of 2024 under Section 15T against WTM order dated December 3, 2024; heard and reserved December 17, 2024, pronounced January 24, 2025
- SAT matter SATV-7268A83397FC90BE953279C0Heard in part; listed for further hearing on 16.12.2024Appeal: Appeal No. 687 of 2024 with Misc. Application No. 1279 of 2024 heard in part on 13.12.2024, pending, next hearing 16.12.2024
- SAT matter SATV-6BD754987E625A944E0770A6Interim order dated December 6, 2024 to continue till further orders · Matter to be called on December 11, 2024 by consentAppeal: Appeal No. 687 of 2024 with Misc. Application No. 1279 of 2024 pending; interim order dated December 6, 2024 extended
- SAT matter SATV-B8C2FC2DEDCD9DA944BF88F6Matter taken on urgent mentioning despite being Not on Board and posted for hearing on 06.12.2024Appeal: Appeal Lodg. No. 594 of 2024 along with Misc. Application No. 1278 of 2024 and Misc. Application No. 1279 of 2024 mentioned for urgent listing on 05.12.2024; listed on 06.12.2024
Source: SecMarx — Trafiksol ITS Technologies 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.