https://www.taxtmi.com/caselaws?id=462908 A promoter-director of a listed company purchased shares without making the disclosures required under Regulations 13(4) and 13(4A) read with Regulation 13(5) of the SEBI (Prohibition of Insider Trading) Regulations, 1992. The SAT noted that the issue was covered by its decision in a connected appeal involving another promoter-director of the same company and adopted the same reasoning. The penalty imposed under Section 15A(b) of the SEBI Act, 1992 was upheld, and the appeal was dismissed. en-us Tue, 04 Aug 2015 00:00:00 +0530 Thu, 24 Jul 2025 18:56:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462908 A promoter-director of a listed company purchased shares without making the disclosures required under Regulations 13(4) and 13(4A) read with Regulation 13(5) of the SEBI (Prohibition of Insider Trading) Regulations, 1992. The SAT noted that the issue was covered by its decision in a connected appeal involving another promoter-director of the same company and adopted the same reasoning. The penalty imposed under Section 15A(b) of the SEBI Act, 1992 was upheld, and the appeal was dismissed. Case-Laws SEBI Tue, 04 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462908