Vespera Fund Limited

SAT-appeal

• SAT matter SATV-0148DA7A93ABD51E945427EF
  Matters in Appeal Nos. 171 and 172 of 2025 were heard in part. · Call on 23 June 2025 at 10:30 A.M.
  Appeal: Appeal Nos. 171 and 172 of 2025 were pending and heard in part on 20 June 2025; next listed on 23 June 2025.
• SAT matter SATV-01E6F269C86E33765D5C9EA4
  Matters were heard in part · Appeals listed for continuation of hearing on 18 June 2025 at 2:30 P.M.
  Appeal: Appeal Nos. 171 and 172 of 2025, along with Misc. Application Nos. 459, 528, 460 and 529 of 2025; heard in part on 17 June 2025 and listed on 18 June 2025
• SAT matter SATV-12EE28BA843B458E35C10303
  Appeals disposed of by recording SEBI's submission that it will decide the applications by 31 March 2025 · If approved, SEBI to provide appropriate relaxations for warrant conversion and disposal of resulting equity shares
  Appeal: Appeal Nos. 114 and 115 of 2025 disposed of by SAT on 5 March 2025
• SAT matter SATV-21B6732DE79D5EDECE71ABE0
  SEBI to complete instructions and make further submissions on the next date of hearing · Matter listed for hearing on 03 March 2025
  Appeal: Appeal Nos. 114 and 115 of 2025; order dated 25 February 2025; adjourned and listed on 03 March 2025
• SAT matter SATV-291FB63F53A03026AE0312B8
  Call on 16 April 2025 · Status quo in respect of warrants to be maintained until 16 April 2025
  Appeal: Appeal No. 172 of 2025, along with Misc. Application No. 460 of 2025; order dated 9 April 2025; matter adjourned to 16 April 2025
• Applications under Regulation 43B dated 05.02.2025 seeking relaxations to convert warrants and dispose resulting equity shares
  Appeals disposed of by placing SEBI submission on record · SEBI to decide applications dated 04.02.2025 by 31.03.2025 with relaxations if favourable
  Appeal: Appeal Nos. 114 and 115 of 2025 filed under Section 15T disposed of on 05 March 2025 by consent
• SAT matter SATV-51DB5BAC5BA5036DA122BE6C
  Heard, order reserved · Both sides permitted to file written submissions by Monday i.e. 30.06.2025
  Appeal: Appeal No. 171 of 2025 and Appeal No. 172 of 2025 heard on 26.06.2025; order reserved
• SAT matter SATV-A9033D6C2BBD6F862C1F40A9
  Connect Appeal No. 172 of 2025 with Appeal No. 171 of 2025 · All parties to maintain status-quo till next hearing on 25% amount paid towards subscription of convertible warrants
  Appeal: Appeal No. 172 of 2025 with Misc. Application No. 460 of 2025 heard 28.04.2025, adjourned to June 13, 2025 with status-quo, connected with Appeal No. 171 of 2025
• SAT matter SATV-DFC27A5968FAFFBE92BFB091
  Admit Appeal No. 172 of 2025 · Status quo order granted on 09.04.2025 shall continue
  Appeal: Appeal No. 172 of 2025 admitted on 16.04.2025 and pending; Misc. Application No. 460 of 2025 pending; status quo of 09.04.2025 continued
• SAT matter SATV-E8B06FBFC4BC5F35C003ED61
  Call on 09.04.2025 after urgent mentioning
  Appeal: Appeal Lodg. No. 201 of 2025 with Misc. Application No. 460 of 2025 mentioned for urgent listing on 08.04.2025; next date 09.04.2025
• SAT matter SATV-EE9A11552E87C23C8E946E0F
  Heard in part and posted for further hearing on June 23, 2025 at 10:30 A.M.
  Appeal: Appeal Nos. 171 and 172 of 2025 pending before SAT; heard in part on 20.06.2025, next hearing on 23.06.2025
• SAT matter SATV-F9F1CD8C73592C177691CFB6
  SEBI to consider appellants' relaxation applications and report to Tribunal on next date · SEBI to complete instructions and make further submissions on next date
  Appeal: Appeal No. 114 of 2025 and Appeal No. 115 of 2025 pending before SAT; adjourned vide order dated 25.02.2025 to March 03, 2025
• SAT matter SATV-5C66B045F74358F6D69BBCEE
  Appeals were heard in part. · Matter was directed to be listed on 18 June 2025 at 2:30 P.M.
  Appeal: Appeal Nos. 171 and 172 of 2025, along with Misc. Application Nos. 459, 528, 460 and 529 of 2025; heard in part on 17 June 2025 and listed for 18 June 2025.
• Failure to make additional granular full look-through disclosure of natural person ownership/control, rendering FPI registration invalid and requiring liquidation and exit.
  Appeal: Appeal Nos.171 and 172 of 2025 with Misc.Appl.459,528,460,529 against SEBI order 28 March 2025, reserved 26 June 2025, pronounced 15 October 2025; prior Appeals 114-115 of 2025 disposed 5 March 2025