Securities Appellate Tribunal

Shri Chiripal Suryansh Hari vs SEBI on 5 October 2026

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BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date: 05.10.2026

Appeal No. 329 of 2026

Shri Chiripal Suryansh Hari

….. Appellant

Versus

Securities and Exchange Board of India

… Respondent

Mr. Jitendra Sharda, Advocate for the Appellant.

Ms. Prachi Pandya, Advocate with Ms. Nidhi Singh, Ms. Komal Shah, Ms. Nidhi Faganiya, Mr. Arav Doss, Ms. Sanjana Kumari, Advocates i/b Vidhii Partners for the Respondent.

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ORDER :-

1. Learned advocate for the appellant submits that the issue involved in this appeal is similar to Appeal No. 281 of 2026 and similar order may be passed. Learned advocate for the SEBI has no objection.

2. Admit.

3. Respondent is allowed six weeks to file reply. Rejoinder, if any, within three weeks thereafter.

4. In similar cases in the batch concerning Vishal Fabric scrip, we have granted interim relief subject to deposit of full penalty.

5. There shall be stay of the impugned order subject to deposit of full penalty within four weeks from today and the same shall be kept in an interest bearing account.

2

6. Post this appeal along with Appeal No. 238 of 2026 on December 9, 2026.

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 12:46:35 +05'30'

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