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Adjudication Order in respect of Bimla Devi Killa in the matter of Illiquid Stock Options on BSE

SEBI closed 2026
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What is this order about?

This order concerns Bimla Devi Killa for allegedly executing non-genuine trades in illiquid stock options on BSE, creating artificial volume during April 2014 to September 2015.

Who it concerns

Bimla Devi Killa (PAN: AESPK3270J)

What was found or directed

  • Executed 6 non-genuine trades in 1 Stock Options contract
  • Resulted in artificial volume of 1,92,000 units
  • Violated PFUTP Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a)
  • No reply to show cause notice
  • Adjudication proceeded ex-parte
Source bodySecurities & Exchange Board of India (SEBI) — enforcement orders
Reference numberOrder/AK/RK/2026-27/32343
Statusclosed (section: order)
Year2026
Closing date
Documents1

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Documents

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Order 2026-04-13 ORDER_1776082630.pdf
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