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Adjudication Order in respect of Dinbandhu Construction Private Limited in the matter of trading in Illiquid Stock Options at BSE.

SEBI closed 2026
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What is this order about?

SEBI's order addresses Dinbandhu Construction Private Limited's alleged involvement in creating artificial trading volumes in illiquid stock options on BSE between April 2014 and September 2015, violating market regulations.

Who it concerns

Dinbandhu Construction Private Limited

What was found or directed

  • SEBI found 8 non-genuine trades by Dinbandhu Construction Private Limited in 2 contracts during April 2014-September 2015
  • These trades created artificial volume of 14,55,000 units in illiquid stock options
  • Dinbandhu Construction Private Limited was converted to LLP on April 25, 2019, and dissolved as a company
  • Adjudication proceedings against the company were dismissed due to its dissolution
Source bodySecurities & Exchange Board of India (SEBI) — enforcement orders
Reference numberOrder/AK/DS/2026-27/32417
Statusclosed (section: order)
Year2026
Closing date
Documents1

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Documents

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Order 2026-05-26 ORDER_1779779184.pdf
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