Securities Appellate Tribunal

GRD Securities Limited vs SEBI on 28 October 2026

IN THE SECURITIES APPELLATE TRIBUNAL

AT MUMBAI

Date: 28.10.2026

Appeal No. 661 of 2024

[Along with Misc. Application No. 146 of 2025]

GRD Securities Limited

…Appellant

Versus

Securities and Exchange Board of India …Respondent

Mr. Jaikishan Lakhwani, Advocate with Ms. Tanvi Gupta, Advocate i/b J L Legal Advisors for the Appellant.

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

AND

Appeal No. 425 of 2025

[Along with Misc. Application Nos. 1023 and 1249 of 2025]

GRD Securities Limited

…Appellant

Versus

Securities and Exchange Board of India …Respondent

Mr. Jaikishan Lakhwani, Advocate with Ms. Tanvi Gupta, Advocate i/b J L Legal Advisors for the Appellant.

Page 1 of 2

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

2

ORDER:

Ms. Tanvi Gupta, learned advocate for the appellants seeks time.

2. By consent, call on December 10, 2026.

Justice P.S. Dinesh Kumar

Presiding Officer

Ms. Meera Swarup Technical Member

Dr. Dheeraj Bhatnagar Technical Member 28.10.2026 PK PRERNA MANISH KHARE Digitally signed by PRERNA MANISH KHARE Date: 2026.10.29 15:35:38 +05'30'

Page 2 of 2

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