Beejay Investment and Financial Consultants Private Limited & Others vs SEBI on 21 October 2026

BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date: 21.10.2026

Appeal No. 444 of 2021

And

Misc. Application No. 162 of 2025

Beejay Investment and Financial Consultants Private Limited & Ors.

… Appellants

Versus

Securities and Exchange Board of India

… Respondent

Ms. Asma Khan, Advocate i/b. Corporate Pleaders for the Appellants.

Mr. Manish Chhangani, Advocate with Ms. Sanskrity Purohit, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 497 of 2022

Beejay Investment and Financial Consultants Private Limited & Ors.

… Appellants

Versus

Securities and Exchange Board of India

… Respondent

Ms. Asma Khan, Advocate i/b. Corporate Pleaders for the Appellants.

Mr. Manish Chhangani, Advocate with Ms. Sanskrity Purohit, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 724 of 2022

Stupendors Traders Private Limited & Ors.

… Appellants

Versus

Securities and Exchange Board of India

… Respondent

Ms. Asma Khan, Advocate i/b. Corporate Pleaders for the Appellants.

Mr. Manish Chhangani, Advocate with Ms. Sanskrity Purohit, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 725 of 2022

Eversight Tradecomm Private Limited & Ors.

… Appellants

Versus

Securities and Exchange Board of India

… Respondent

Ms. Asma Khan, Advocate i/b. Corporate Pleaders for the Appellants.

Mr. Manish Chhangani, Advocate with Ms. Sanskrity Purohit, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 726 of 2022

Flex Trade Private Limited & Anr.

… Appellants

Versus

Securities and Exchange Board of India

… Respondent

Ms. Asma Khan, Advocate i/b. Corporate Pleaders for the Appellants.

Mr. Manish Chhangani, Advocate with Ms. Sanskrity Purohit, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 1000 of 2022

Neelanchal Mercantile Private Limited & Ors.

… Appellants

Versus

Securities and Exchange Board of India

… Respondent

Ms. Asma Khan, Advocate i/b. Corporate Pleaders for the Appellants.

Mr. Manish Chhangani, Advocate with Ms. Sanskrity Purohit, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 1001 of 2022

Flex Trade Private Limited & Anr.

… Appellants

Versus

Securities and Exchange Board of India

… Respondent

Ms. Asma Khan, Advocate i/b. Corporate Pleaders for the Appellants.

Mr. Manish Chhangani, Advocate with Ms. Sanskrity Purohit, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 1023 of 2022

Stupendors Traders Private Limited & Ors.

… Appellants

Versus

Securities and Exchange Board of India

… Respondent

Ms. Asma Khan, Advocate i/b. Corporate Pleaders for the Appellants.

Mr. Manish Chhangani, Advocate with Ms. Sanskrity Purohit, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 1024 of 2022

Neelanchal Mercantile Private Limited & Ors.

… Appellants

Versus

Securities and Exchange Board of India

… Respondent

Ms. Asma Khan, Advocate i/b. Corporate Pleaders for the Appellants.

Mr. Manish Chhangani, Advocate with Ms. Sanskrity Purohit, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.

With

Appeal No. 1025 of 2022

Eversight Tradecomm Private Limited & Ors.

… Appellants

Versus

Securities and Exchange Board of India

… Respondent

Mr. Asma Khan, Advocate i/b. Corporate Pleaders for the Appellants.

Mr. Manish Chhangani, Advocate with Ms. Sanskrity Purohit, Mr. Karthik K.P, Mr. Devya Shah, Advocates i/b The Law Point for the Respondent.