Adjudication Order in respect of Fastino Dealers Private Limited in the matter of Illiquid Stock Options at BSE
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What is this order about?
SEBI issued an order against Fastino Dealers Private Limited for allegedly executing non-genuine trades in illiquid stock options at BSE, which created artificial trading volumes.
Who it concerns
Fastino Dealers Private Limited
What was found or directed
- SEBI found Fastino Dealers Private Limited executed 4 non-genuine trades in 1 stock options contract
- These trades created artificial volume of 1,00,000 units
- The trades were 22.22% of total trades in the contract
- The artificial volume was 10.11% of total market volume in the contract
- SEBI alleged violation of PFUTP Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a)
- SEBI imposed penalty under Section 15HA of SEBI Act
| Source body | Securities & Exchange Board of India (SEBI) — enforcement orders |
| Reference number | Order/AK/DS/2026-27/32367 |
| Status | closed (section: order) |
| Year | 2026 |
| Closing date | — |
| Documents | 1 |
Highlights & Points worth asking
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Documents
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Order
2026-04-20
ORDER_1776665444.pdf
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