To
All Trading Members of the Exchange
Sub: SAT Order in respect of Sanjay Gupta
Attention of the trading members is invited to the Exchange Notice Nos. 20171101-26 dated November 01, 2017, and 20181030-30 dated October 30, 2018 confirming the directions issued vide its ad-interim Ex-parte SEBI Order no. WTM/MPB/ISD/75/2017 dated November 1, 2017 wherein various entities were prohibited from buying, selling or dealing in securities, directly or indirectly, in any manner whatsoever, till further directions.
The Hon’ble Securities Appellate Tribunal (SAT), vide its Order dated June 04, 2019, has stated that the ex-parte ad-interim order as confirmed by the confirmatory order cannot be sustained and are quashed in so far as it relates to the appellant.
This Order shall come into force w.e.f. June 04, 2019.
A copy of the said Order is attached herewith and available on the SEBI website www.sebi.gov.in.
Trading members are advised to take note of the same and ensure compliance.
Shaila Valsan Fahad Kapadia
Manager Assistant Manager
Surveillance Surveillance
Date: June 13, 2019
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