Securities Appellate Tribunal

JSI Investment Pvt. Ltd & Ors. vs SEBI on 21 October 2026

BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date: 21.10.2026

Appeal No. 413 of 2025

JSI Investments Pvt. Ltd. & Ors.

…Appellants

Versus

Securities and Exchange Board of India

…Respondent

Mr. Darius Khambata, Senior Advocate and Mr. Pesi Modi, Senior Advocate with Mr. Tomu Francis, Mr. Pranav Sampat, Mr. Arka Saha, Ms. Zarnaab Aswad, Mr. Tarun Toprani, Mr. Apoorva Upadhyay, Mr. Neville Lashkari, Mr. Tushar Hathiramani, Advocates i/b Khaitan & Co. for the Appellants.

Mr. Sumit Rai, Advocate with Ms. Nidhi Singh, Ms. Nidhi Faganiya, Mr. Arav Doss, Ms. Sanjana Kumari, Advocates i/b Vidhii Partners for the Respondent.

ORDER :-

1. Mr. Sumit Rai, learned advocate for the SEBI submits that written submissions have been filed.

2. Mr. Tomu Francis, learned advocate for the appellants submits that written submissions will be filed during the course of the day.

3. Order reserved.

Justice P.S. Dinesh Kumar Presiding Officer

Ms. Meera Swarup Technical Member

Dr. Dheeraj Bhatnagar Technical Member 21.10.2026 VPM MRS PRAMILA Digitally signed by MRS PRAMILA Date: 2026.10.23 12:15:05 +05'30'

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