Securities Appellate Tribunal
Sai Metaltech LLP vs Securities and Exchange Board of India on 5 October 2026
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
Date: 05.10.2026
Appeal No. 323 of 2026
And
Misc. Application No. 966 of 2026
And
Misc. Application No. 967 of 2026
And
Misc. Application No. 968 of 2026
Sai Metaltech LLP
….. Appellant
Versus
Securities and Exchange Board of India
… Respondent
Ms. Arti Raghavan, Advocate i/b Ernest Tuscano for the Appellant.
Mr. Sumit Rai, Advocate with Ms. Nidhi Singh, Ms. Nidhi Faganiya, Ms. Komal Shah, Mr. Arav Doss, Ms. Sanjana Kumari, Advocates i/b Vidhii Partners for the Respondent.
ORDER :-
1. Urgency Application, Misc. application No. 966 of 2026 has worked for itself. Accordingly, it is disposed of.
2. Exemption Application bearing Misc. Application No. 968 of 2026 is allowed and disposed of.
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3. For the reasons stated therein, the application for condonation of delay is allowed. Delay of 31 days is condoned and Misc. Application No. 967 of 2026 is disposed of.
2
4. Admit.
5. Respondent is allowed six weeks to file reply. Rejoinder, if any, be filed within three weeks thereafter.
6. As prayed, call on October 16, 2026 for consideration of application for stay.
Justice P.S. Dinesh Kumar Presiding Officer
Ms. Meera Swarup Technical Member
Dr. Dheeraj Bhatnagar Technical Member 05.10.2026 VPM MRS PRAMILA Digitally signed by MRS PRAMILA Date: 2026.10.07 12:43:10 +05'30'
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