Securities Appellate Tribunal

JSI Investment Pvt. Ltd & Ors. vs SEBI on 5 October 2026

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BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date: 05.10.2026

Appeal No. 413 of 2025

JSI Investments Pvt. Ltd. & Ors.

…Appellants

Versus

Securities and Exchange Board of India

…Respondent

Mr. Darius Khambata, Senior Advocate and Mr. Pesi Modi, Senior Advocate with Mr. Tomu Francis, Mr. Pranav Sampat, Mr. Arka Saha, Ms. Zarnaab Aswad, Mr. Tarun Toprani, Mr. Apoorva Upadhyay, Mr. Neville Lashkari, Mr. Tushar Hathiramani, Advocates i/b Khaitan & Co. for the Appellants.

Mr. Gaurav Joshi, Senior Advocate with Mr. Sumit Rai, Ms. Nidhi Singh, Ms. Komal Shah, Mr. Arav Doss, Ms. Sanjana Kumari, Advocates i/b Vidhii Partners for the Respondent.

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ORDER :-

1. This appeal has been heard-in-part. By consent, call for further hearing on October 6, 2026, high on board.

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 12:57:39 +05'30'

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