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Adjudication Order in respect of Diganta Agencies Pvt Ltd in the matter of Illiquid Stock Options on BSE

SEBI closed 2026
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 against Diganta Agencies Pvt Ltd for allegedly executing non-genuine trades in illiquid stock options on BSE, creating artificial volume during April 2014 to September 2015.

Who it concerns

Diganta Agencies Pvt Ltd (PAN: AAECD1732F)

What was found or directed

  • 2,91,744 trades (81.40% of all trades) in stock options segment were allegedly non-genuine
  • 20 non-genuine trades in 3 Stock Options contracts resulted in artificial volume of 7,66,000 units
  • SEBI Settlement Scheme, 2022 and ISO Settlement Scheme, 2024 were offered for settlement
  • Noticee did not avail either settlement scheme
  • alleged violation of PFUTP Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a)
  • adjudication proceedings resumed due to lack of response
  • allegations deemed admitted due to no response
Source bodySecurities & Exchange Board of India (SEBI) — enforcement orders
Reference numberOrder/AK/RK/2025-26/32332
Statusclosed (section: order)
Year2026
Closing date
Documents1

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Documents

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Order 2026-04-08 ORDER_1775624522.pdf
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