Securities Appellate Tribunal

JSI Investment Pvt. Ltd & Ors. vs SEBI on 8 October 2026

IN THE SECURITIES APPELLATE TRIBUNAL

AT MUMBAI

Date: 08.10.2026

Appeal No. 413 of 2025

JSI Investment Pvt. Ltd & Ors.

…Appellants

Versus

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

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

ORDER:

Heard in part. For further hearing, call on October 21, 2026.

Justice P. S. Dinesh Kumar Presiding Officer

Ms. Meera Swarup Technical Member

Dr. Dheeraj Bhatnagar Technical Member

08.10.2026 KVP PRERNA MANISH KHARE Digitally signed by PRERNA MANISH KHARE Date: 2026.10.09 17:33:54 +05'30'

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