Authority: Supreme Court of India, Civil Appellate Jurisdiction

Order Date: 18-08-2026

Case Overview

  • Parties: Raghvansh Agrofarms Limited (Appellant) vs. Securities and Exchange Board of India (Respondent).
  • Appeals: Civil Appeal Nos. 7422‑7423/2022 filed challenging orders of the Securities Appellate Tribunal (SAT), Mumbai.
  • Interim Applications: IA No. 139026/2022 (exemption from filing copy of impugned judgment), IA No. 143172/2022 (permission to file additional documents/facts/annexures), IA No. 139025/2022 (stay application), and similar IA numbers 259970/2023, 259972/2023, 259971/2023.
  • Counsel for Appellant: Mr. Ashim Sood, Adv.; Mr. Mayank Pandey, AOR; Mr. Ekansh Gupta, Adv.; Mr. Vikas Bengani, Adv.; Mr. Utkarsh Sharma, AOR.
  • Counsel for Respondent: M/S. K Ashar & Co., AOR Mr. Navin Pahwa, Sr. Adv.; Mr. Abhishek Singh, Adv.
  • Bench: Hon'ble Mr. Justice J.B. Pardiwala and Hon'ble Mr. Justice K. Vinod Chandra.
  • Court’s Observation: No good ground to interfere with the impugned orders passed by the SAT.

Final Outcome

  • The appeals are dismissed as per the signed order.
  • All pending applications, if any, stand disposed of.

Topics: Regulatory Decision, Capital Markets