SEBI sets aside ₹5 lakh penalty against Shreedhar Yellaiah Kodam
This order addresses the case of Shreedhar Yellaiah Kodam regarding alleged market manipulation in Well Pack Papers and Containers Limited, following a prior penalty that was set aside by the Securities Appellate Tribunal.
Shreedhar Yellaiah Kodam
- SEBI set aside the prior penalty of Rs. 5,00,000/- imposed on February 16, 2015
- SEBI confirmed that Kodam was not named in the interim order dated February 2, 2011 or the confirmatory order dated July 8, 2011
- Kodam claimed identity theft by Paras Chaplot who allegedly used his PAN to open accounts
- Kodam submitted that his market-volume contribution was only 0.01% in Period I and 0.00% in Period II
- SEBI noted discrepancies in KYC documents and account activity
Written from the document by AI, and checked against it. The original below is authoritative.
The original document
Document details
| Official title | Adjudication Order in respect to Shri Shreedhar Yellaiah Kodam in the matter of Well Pack Papers and Containers Limited |
| Source body | Securities & Exchange Board of India (SEBI) — enforcement orders |
| Reference number | Order/MS/KS/2026-27/32725 |
| Status | None (order) |
| Year | 2026 |
| Closing date | — |
| Documents | 1 |