Securities Appellate Tribunal

Om Consultancy through its Proprietor Mr. Suraj Lalji Dubey vs SEBI on 5 October 2026

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BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date : 05.10.2026

Appeal No. 49 of 2025

And

Misc. Application No. 94 of 2025

And

Misc. Application No. 397 of 2025

Om Consultancy

through its Proprietor

Mr. Suraj Lalji Dubey

….. Appellant

Versus

Securities and Exchange Board of India

… Respondent

Mr. Manish Gupta, Advocate with Mr. Devdeep Singh, Advocate for the Appellant.

Ms. Gulnar Mistry, Advocate with Mr. Sumit Yadav, Ms. Khushbu Trivedi, Ms. Anushka Jain, Advocates i/b MDP

Legal for the Respondent.

With

Appeal No. 50 of 2025

And

Optionmaster Research Advisory Services

through its Proprietor Mr. Somnath Patil

….. Appellant

Versus

Securities and Exchange Board of India

… Respondent

Mr. Kunal Katariya, Advocate with Mr. Manish Gupta, Advocate for the Appellant.

2

Ms. Gulnar Mistry, Advocate with Mr. Sumit Yadav, Ms. Khushbu Trivedi, Ms. Anushka Jain, Advocates i/b MDP

Legal for the Respondent.

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ORDER :-

1. Learned advocates for the parties submit that they will file written submissions today in the Registry.

2. Order reserved.

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 12:49:46 +05'30'

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