Securities Appellate Tribunal

Arrowline Distributors Private Limited vs SEBI on 30 October 2026

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IN THE SECURITIES APPELLATE TRIBUNAL

AT MUMBAI

Date: 30.10.2026

Appeal No. 370 of 2024

[Along with Misc. Application Nos. 712 of 2024, 713 of 2024

and 1228 of 2024]

Arrowline Distributors Private Limited …Appellant

Versus

Securities and Exchange Board of India …Respondent

Mr. Vikas Bengani, Advocate for the Appellant.

Mr. Ravishekhar Pandey, Advocate i/b Agama Law Associates, for the Respondent.

With

Appeal No. 379 of 2024

Suman Stock Advisory Private Limited …Appellant

Versus

Securities and Exchange Board of India …Respondent

Mr. Vikas Bengani, Advocate for the Appellant.

Mr. Ravishekhar Pandey, Advocate i/b Agama Law Associates, for the Respondent.

With

Appeal No. 380 of 2024

Alishan Merchants Private Limited …Appellant

Versus

Securities and Exchange Board of India …Respondent Mr. Vikas Bengani, Advocate for the Appellant.

Mr. Ravishekhar Pandey, Advocate i/b Agama Law Associates, for the Respondent.

2

With

Appeal No. 389 of 2024

Sarvlok Vincom Private Limited …Appellant

Versus

Securities and Exchange Board of India …Respondent Mr. Vikas Bengani, Advocate for the Appellant.

Mr. Ravishekhar Pandey, Advocate i/b Agama Law Associates, for the Respondent.

And

Appeal No. 390 of 2024

Baisakhi Tracom Private Limited …Appellant

Versus

Securities and Exchange Board of India …Respondent

Mr. Vikas Bengani, Advocate for the Appellant.

Mr. Ravishekhar Pandey, Advocate i/b Agama Law Associates, for the Respondent.

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ORDER:

Mr. Vikas Bengani, learned Advocate for the Appellant seeks time. Call on December 07, 2026.

Justice P. S. Dinesh Kumar Presiding Officer

Ms. Meera Swarup Technical Member

[

Dr. Dheeraj Bhatnagar Technical Member 30.10.2026 KVP PRERNA MANISH KHARE Digitally signed by PRERNA MANISH KHARE Date: 2026.11.04 12:03:41 +05'30'

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