Vardhman Infracon Private Limited

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Common order disposing seven appeals against WTM order dated 01.10.2021 which had ordered penalties, disgorgement and debarment

SAT-appeal

Alleged concerted manipulation of Excel Castronics scrip by 21 ECL Group entities and 10 amalgamation allottees to inflate price and enable allottees to sell at higher prices.
Common order disposing seven appeals against WTM order dated 01.10.2021 which had ordered penalties, disgorgement and debarment
Appeal: Appeal Nos.768,769,770,771,780,802 of 2021 and 489 of 2022 u/s 15T against WTM order 01.10.2021; reserved 18.02.2026, pronounced 23.06.2026
SAT matter SATV-60555840A2C48E754C8395A4
Miscellaneous Applications Nos. 709 of 2023 and 115 of 2023 were rejected for lack of urgency · Parties to act on the digitally signed order
Appeal: Miscellaneous Applications Nos. 709 of 2023 and 115 of 2023 in Appeal No. 769 of 2021 rejected on 6 June 2023; the main appeal was fixed for hearing on 22 June 2023

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Source: SecMarx — Vardhman Infracon Private Limited. 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.