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Adjudication Order in respect of Ecospace Suppliers Private Limited in the matter of Illiquid Stock Options at BSE

SEBI closed 2026
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What is this order about?

This order concerns Ecospace Suppliers Private Limited for allegedly executing non-genuine trades in stock options at BSE, creating artificial volume during April 2014 to September 2015.

Who it concerns

Ecospace Suppliers Private Limited (PAN: AACCE9872D)

What was found or directed

  • Executed 7 non-genuine trades in 1 Stock Options contract
  • Resulted in artificial volume of 22,40,000 units
  • Violated Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of PFUTP Regulations
  • 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/2026-27/32364
Statusclosed (section: order)
Year2026
Closing date
Documents1

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Documents

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Order 2026-04-20 ORDER_1776662259.pdf
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