Arun Khurana vs SEBI on 15 October 2026

IN THE SECURITIES APPELLATE TRIBUNAL

AT MUMBAI

DATED THIS THE 15th DAY OF OCTOBER, 2026.

CORAM: Justice P. S. Dinesh Kumar, Presiding Officer Ms. Meera Swarup, Technical Member Dr. Dheeraj Bhatnagar, Technical Member

Review Application Nos. 10 of 2026

In

[Appeal No. 569 of 2025]

BETWEEN:

Arun Khurana

4301, The Imperial South Tower,

BB Nakashe Marg, Tardeo,

Mumbai – 400034.

…Appellant

Mr. Pesi Modi, Se.nior Advocate with Mr. Kyrus Modi, Mr. Vishesh Malviya, Ms. Aanchal Maheshwari and Mr. Jai Sanyal, Advocates i/b Rashmikant

and

Partners

for

the Applicant. (Org. Appellant).

AND

Securities and Exchange Board of India

SEBI Bhavan, C4-A, G-Block,

Bandra Kurla Complex,

Bandra (E), Mumbai- 400 051.

…Respondent

Mr. Sumit Rai, Advocate with Mr. Manish Chhangani, Ms. Sanskrity Purohit, Mr. Karthik K.P and Mr. Devya Shah, Advocates i/b The Law Point for the Respondent – SEBI.

THIS REVIEW APPLICATION IS FILED UNDER SECTION

15U(2)(e)

TO

REVIEW

TRIBUNAL’S