Adjudication Order in respect of Ambition Plaza LLP in the matter of Illiquid Stock Options at BSE.
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What is this order about?
SEBI issued an order against Ambition Plaza LLP for allegedly executing non-genuine trades in illiquid stock options at BSE, creating artificial volume during April 2014 to September 2015.
Who it concerns
Ambition Plaza LLP
What was found or directed
- SEBI found Ambition Plaza LLP executed 4 non-genuine trades in 2 Stock Options contracts
- These trades created artificial volume of 3,64,000 units
- SEBI alleged violations of PFUTP Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a)
- No response was received from Ambition Plaza LLP to the Show Cause Notice
- SEBI did not impose a penalty as the case was disposed of due to lack of response
| Source body | Securities & Exchange Board of India (SEBI) — enforcement orders |
| Reference number | Order/AK/DS/2026-27/32416 |
| Status | closed (section: order) |
| Year | 2026 |
| Closing date | — |
| Documents | 1 |
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Documents
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Order
2026-05-26
ORDER_1779770213.pdf
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