https://www.taxtmi.com/caselaws?id=465756 SEBI's order addresses disclosure lapses and alleged market manipulation in a listed scrip. It finds that the promoter entity failed to make the required acquisition disclosure and that the listed company failed to disseminate the information within time, establishing breaches of the takeover and insider trading disclosure rules. On trading conduct, benefit of doubt was given to certain buy-side noticees where the evidence did not conclusively show a concerted scheme, but the seller-side proprietary entity was found to have repeatedly placed small-lot sell orders at upper-circuit prices, creating artificial supply and sustaining the price rise. Penalties were imposed for the established disclosure default and the manipulative trading conduct. en-us Fri, 27 Apr 2018 00:00:00 +0530 Fri, 02 Jan 2026 11:16:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465756 SEBI's order addresses disclosure lapses and alleged market manipulation in a listed scrip. It finds that the promoter entity failed to make the required acquisition disclosure and that the listed company failed to disseminate the information within time, establishing breaches of the takeover and insider trading disclosure rules. On trading conduct, benefit of doubt was given to certain buy-side noticees where the evidence did not conclusively show a concerted scheme, but the seller-side proprietary entity was found to have repeatedly placed small-lot sell orders at upper-circuit prices, creating artificial supply and sustaining the price rise. Penalties were imposed for the established disclosure default and the manipulative trading conduct. Case-Laws SEBI Fri, 27 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465756