Adjudication Order in respect of Navin Govind Agrawal HUF in the matter of Trading in Illiquid Stock Options on BSE

News Corporate Finance & M&A Sanctions & Fines

Date: 28th Oct, 2024 Source: Securities and Exchange Board of India Country: India Original Source

Brief

The Securities and Exchange Board of India (SEBI) issued an adjudication order against Navin Govind Agrawal HUF for violating provisions of the Prohibition of Fraudulent and Unfair Trade Practices Regulations, 2003. The Noticee was charged with executing non-genuine trades in illiquid stock options on BSE, resulting in the creation of artificial volume.

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Securities and Exchange Board of India

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Adjudication Order in respect of Navin Govind Agrawal HUF in the matter of Trading in Illiquid Stock Options on BSE

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Adjudication Order in respect of Navin Govind Agrawal HUF in the matter of Trading in Illiquid Stock Options on BSE

Brief

Securities and Exchange Board of India

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