Securities Appellate Tribunal

Shikha Gupta vs SEBI on 8 September 2026

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BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date : 08.09.2026

Appeal No. 1028 of 2022

[Along with Misc. Application No. 1566 of 2022]

Shikha Gupta

…Appellant

Versus

Securities and Exchange Board of India

…Respondent

Mr. Manish Chhangani with Mr. Sumit Yadav, Mr. Karthik K.P

and Mr. Devya Shah, Advocates i/b The Law Point for the Respondent – SEBI.

WITH

Appeal No. 1029 of 2022

Bhavna Gupta

…Appellant

Versus

Securities and Exchange Board of India

…Respondent

Mr. Manish Chhangani with Mr. Sumit Yadav, Mr. Karthik K.P

and Mr. Devya Shah, Advocates i/b The Law Point for the Respondent – SEBI.

WITH

Appeal No. 255 of 2023

Gautam Sanjay Khandelwal

…Appellant

Versus

Securities and Exchange Board of India

…Respondent

CA Kushal Shah and Dr. Keyur Shah, Advocate i/b Prakash Shah & Associates for the Appellant.

Mr. Manish Chhangani with Mr. Sumit Yadav, Mr. Karthik K.P

and Mr. Devya Shah, Advocates i/b The Law Point for the Respondent – SEBI.

WITH

Appeal No. 587 of 2024

[Along with Misc. Application Nos. 893, 894 & 895 of 2024]

Ajay Gupta

…Appellant

Versus

Securities and Exchange Board of India & Anr. …Respondents

Mr. Manish Chhangani with Mr. Sumit Yadav, Mr. Karthik K.P

and Mr. Devya Shah, Advocates i/b The Law Point for the Respondent – SEBI.

AND

Appeal No. 044 of 2025

[Along with Misc. Application No. 1374, 1375 of 2024

And Misc. Application No. 702 of 2025]

Vaani Fabrics HUF

…Appellant

Versus

Securities and Exchange Board of India & Anr. …Respondents

Mr. Manish Chhangani with Mr. Sumit Yadav, Mr. Karthik K.P

and Mr. Devya Shah, Advocates i/b The Law Point for the Respondent – SEBI.

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ORDER:

Call on 06.10.2026 to 09.10.2026.

Justice P.S. Dinesh Kumar

Presiding Officer

Ms. Meera Swarup Technical Member

Dr. Dheeraj Bhatnagar Technical Member 08.09.2026 msb MADHUKAR BHALBAR Digitally signed by MADHUKAR BHALBAR Date: 2026.09.09 14:17:29 +05'30'

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