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Final Order in respect of Rajendra Pathak in the matter of K Lifestyle and Industries Limited.

SEBI closed 2026
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What is this order about?

This order addresses SEBI's final decision regarding Rajendra Pathak in the matter of K-Lifestyle & Industries Limited, following a remand from the Securities Appellate Tribunal.

Who it concerns

Rajendra Pathak

What was found or directed

  • SEBI imposed a monetary penalty of INR 6 Lakh on Rajendra Pathak under Section 15HB of the SEBI Act, 1992
  • SEBI found that the financials of K-Lifestyle & Industries Limited were misrepresented
  • Rajendra Pathak, as CFO, violated regulation 33(2)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • SEBI directed the Stock Exchanges to appoint an independent forensic auditor to verify misrepresentation of financials and misuse of funds
  • SEBI examined the Forensic Audit Report (FAR) for the period April 01, 2015 till December 31, 2017
Source bodySecurities & Exchange Board of India (SEBI) — enforcement orders
Reference number
Statusclosed (section: order)
Year2026
Closing date
Documents1

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Documents

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Order 2026-05-27 ORDER_1779857159.pdf
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