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    <description>The tribunal partially allowed the appeal, reducing the penalty under the SEBI Act to Rs. 5 lakh and maintaining the penalty under the SCRA at Rs. 20 lakh. The appellant was directed to pay the reduced penalty within four weeks from the judgment date, with no additional costs imposed.</description>
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      <description>The tribunal partially allowed the appeal, reducing the penalty under the SEBI Act to Rs. 5 lakh and maintaining the penalty under the SCRA at Rs. 20 lakh. The appellant was directed to pay the reduced penalty within four weeks from the judgment date, with no additional costs imposed.</description>
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