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Adjudication Order in respect of Gayatri Devi Choudhary in the matter of Illiquid Stock Options at BSE.

SEBI closed 2026
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What is this order about?

This order concerns Gayatri Devi Choudhary for allegedly executing non-genuine trades in illiquid stock options at BSE, which created artificial trading volume.

Who it concerns

Gayatri Devi Choudhary (PAN: ACCPC0370P)

What was found or directed

  • Executed 2 non-genuine trades in 1 stock options contract
  • Artificial volume of 96,000 units created
  • Violated PFUTP Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a)
  • Deemed to have admitted allegations due to no response to show cause notice
Source bodySecurities & Exchange Board of India (SEBI) — enforcement orders
Reference numberOrder/AK/DS/2026-27/32413
Statusclosed (section: order)
Year2026
Closing date
Documents1

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Documents

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Order 2026-05-22 ORDER_1779425742.pdf
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