Securities Appellate Tribunal

Mr. Keyur Maniar vs SEBI on 2 September 2026

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BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date : 02.09.2026

Appeal No. 122 of 2025

[Along with Misc. Application Nos. 230 & 910 of 2025]

Mr. Keyur Maniar

…Appellant

Versus

Securities and Exchange Board of India

…Respondent

Mr. Mustafa Doctor, Senior Advocate with Ms. Shruti Rajan, Mr. Vivek Shah, Ms. Nandini Singh Modi and Mr. Paras Taneja, Advocates i/b Trilegal for the Appellant.

Mr. Gaurav Joshi, Senior Advocate with Mr. Manish Chhangani, Mr. Sumit Yadav, Mr. Abhay Chauhan, Mr. Karthik K.P and Mr. Devya Shah, Advocates i/b The Law Point for the Respondent – SEBI.

AND

Appeal No. 163 of 2025

[Along with Misc. Application Nos. 370, 371 & 964 of 2025]

Ramit Chaudhri

…Appellant

Versus

Securities and Exchange Board of India

…Respondent

Mr. Abishek Venkatraman with Ms. Janhvi Durve, Mr. Santosh Jadhav and Mr. Pranav Nair, Advocates i/b J.P.Durve &

Associates for the Appellant.

Ms. Shreya Parikh, Advocate with Mr. Manish Chhangani, Mr. Sumit Yadav, Mr. Abhay Chauhan, Mr. Karthik K.P and Mr. Devya Shah, Advocates i/b The Law Point for the Respondent – SEBI.

2

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ORDER:

Heard in part. Call for further hearing on 09.09.2026 at 02:00 p.m.

Justice P.S. Dinesh Kumar Presiding Officer

Ms. Meera Swarup Technical Member

Dr. Dheeraj Bhatnagar Technical Member 02.09.2026 msb MADHUKAR BHALBAR Digitally signed by MADHUKAR BHALBAR Date: 2026.09.03 12:38:27 +05'30'

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