Securities Appellate Tribunal
Reliance Exchangenext Limited vs SEBI on 22 September 2026
IN THE SECURITIES APPELLATE TRIBUNAL AT
MUMBAI
DATED THIS THE 22ND DAY OF SEPTEMBER, 2026
CORAM : Justice P. S. Dinesh Kumar, Presiding Officer Dr. Dheeraj Bhatnagar, Technical Member
Appeal No. 643 of 2024
And
Misc. Application No. 1164 of 2024
And
Misc. Application No. 83 of 2025
And
Misc. Application No. 286 of 2025
Between
Reliance Exchangenext Limited
Kamala Mills Compound, Trade World
B-Wing, 7th Floor, S. B. Marg, Lower Parel, Mumbai- 400013, Maharashtra, India.
…. Appellant
None for the Appellant.
And
Securities and Exchange Board of India
SEBI Bhavan, Plot No. C-4A, G Block,
Bandra Kurla Complex, Bandra (East),
Mumbai - 400 051.
…. Respondent
By Ms. Komal Shah, Advocate with Ms. Nidhi Singh, Mr. Arav Doss, Advocates i/b Vidhii Partners for the Respondent.
THIS APPEAL IS FILED UNDER SECTION 15T OF SEBI
ACT, 1992 TO SET ASIDE ORDER DATED AUGUST 22, 2024 (EX-A) PASSED BY WTM, SEBI.
2
THIS APPEAL COMING ON FOR HEARING THIS 22ND
DAY OF SEPTEMBER 2026, THIS TRIBUNAL PASSED
THE FOLLOWING:
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No negative treatment found
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O R D E R
Per : Justice P. S. Dinesh Kumar, Presiding Officer (Oral)
Ms. Komal Shah, learned advocate for the respondent – SEBI submitted that there was no representation on behalf of the appellant on the last date of hearing. None appears today also.
2. Appeal stands dismissed for non-prosecution. Pending interlocutory application(s), if any, stand disposed of.
No costs.
Justice P. S. Dinesh Kumar Presiding Officer
Dr. Dheeraj Bhatnagar Technical Member 22.09.2026 VPM
MRS PRAMILA Digitally signed by MRS PRAMILA Date: 2026.09.23 16:14:37 +05'30'