Securities Appellate Tribunal

sunil purohit vs Securities and Exchange Board of India on 28 September 2026

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BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date: 28.09.2026

Appeal No. 314 of 2026

And

Misc. Application No. 936 of 2026

And

Misc. Application No. 937 of 2026

Sunil Purohit

… Appellant

Versus

Securities & Exchange Board of India

… Respondent

Mr. Vikas Bengani, Advocate for the Appellant.

Ms. Prachi Pandya, Advocate with Mr. Bhushan Shah, Mr. Abhishek Nair, Ms. Sayali Kshirsagar, Advocates i/b Mansukhlal Hiralal & Co. for the Respondent.

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ORDER :

1. Exemption Application bearing Misc. Application No. 937 of 2026 is allowed and disposed of.

2. There is a delay of 2898 days in filing of this appeal.

3. Learned advocate for the SEBI seeks six weeks to file reply on both delay and merits. Rejoinder, if any, be filed within three weeks thereafter.

4. Call on November 26, 2026.

Justice P. S. Dinesh Kumar Presiding Officer

Ms. Meera Swarup Technical Member

Dr. Dheeraj Bhatnagar Technical Member 28.09.2026 VPM MRS PRAMILA Digitally signed by MRS PRAMILA Date: 2026.09.30 12:01:52 +05'30'

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