Veritaz Health Care Ltd.

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

AO penalty of Rs.7.5 crores upheld
Disgorgement of Rs.3.77 crore notional profit with 12% p.a. interest upheld

SAT-appeal

Insider trading in Aurobindo Pharma shares while in possession of UPSI about three Pfizer licensing/supply agreements, with appellant acting as front entity of connected entity Veritaz.
Appeal No.31 of 2020 and Appeal No.23 of 2021 dismissed · AO penalty of Rs.7.5 crores upheld
SAT matter SATV-A0D3AC36DB56253142DF71F8
Appeal No. 559 of 2019 disposed of in terms of settlement order dated 6 May 2020
Appeal: Appeal No. 559 of 2019 disposed on 25.1.2021 in terms of settlement order dated 6 May 2020

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Source: SecMarx — Veritaz Health Care 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.