Adjudication Order in the matter of Front Running by Navnit Gadoya, Chiranggi Irish Shah and Surbhi Aggarwal.
Plain-language summary (AI-generated) — a quick read so you don't have to open the full PDF. May contain errors; the original document below is authoritative.
What is this order about?
SEBI issued an order regarding front-running allegations against Navnit Gadoya, Chiranggi Irish Shah, and Surbhi Aggarwal during January 2023 to October 2023.
Who it concerns
Navnit Gadoya, Chiranggi Irish Shah, Surbhi Aggarwal
What was found or directed
- Violated Section 11C(3) of SEBI Act by not providing information or providing incorrect information to SEBI
- 38 front-running instances in Rajesh Exports Ltd
- Profit of Rs. 1.99 crore from front-running
- Noticees connected through call records, bank transactions, and identical MAC/IP addresses
- No response to SEBI's summons or show cause notice
- Adjudication proceeded ex-parte due to non-appearance
Points worth noting
- 38 front-running instances in Rajesh Exports Ltd
- Profit of Rs. 1.99 crore from front-running
- Noticees connected through call records, bank transactions, and identical MAC/IP addresses
- No response to SEBI's summons or show cause notice
| Source body | Securities & Exchange Board of India (SEBI) — enforcement orders |
| Reference number | Order/AK/DS/2026-27/32398-32400 |
| Status | closed (section: order) |
| Year | 2026 |
| Closing date | — |
| Documents | 1 |
Highlights & Points worth asking
Auto-generated, neutral observations. Auto-generated from public documents. May contain errors. Not legal or financial advice. Always verify against the linked original document. KaunZimmedar is a platform, not an authority.
No automated observations for this document. Read the documents below directly.
Documents
The original government PDF is the authoritative source — shown below, or open it full-screen in a new tab.
Order
2026-04-29
ORDER_1777452585.pdf
Tap “Open the PDF” above to view this document.
Discussion (0)
Citizens discussing these documents. A discussion space — nothing here is verified fact or an official finding. Reading is free; sign in to take part.
Open discussion (0) →