To

All Trading Members of the Exchange

Sub: SAT Order in the matter of Umang Dhanuka & Ors.

In continuation to the Exchange Notice No. 20191118-33 dated November 18, 2019 on the captioned matter.

The Hon’ble Securities Appellate Tribunal (SAT) vide its order dated June 08, 2021 stated that Appeal Nos. 102, 44, 85, 235, 246, 247, 571, 572, 573, 575 and 581 of 2020 are allowed. The impugned order insofar as it relates to these appellants is quashed.

A copy of the said Order is attached herewith and available on the SEBI website www.sebi.gov.in.

Trading members are advised to take note of the same and ensure compliance.

Jeevan Noronha                                                     Roshani More

Senior Manager                                                     Assistant Manager Surveillance                                                          Surveillance

Date: June 14, 2021