Authority: Assistant General Manager Integrated Surveillance Department, SEBI
Order Date: July 01, 2026
Case Overview
The Securities and Exchange Board of India (SEBI) has issued a hearing notice to Omolara Textiles Pvt Ltd (IAACCO5905F1) in connection with matters related to Sharpline Broadcast Limited. This notice follows a Show Cause Notice (SCN) that was originally served on March 28, 2024. The regulatory authority is providing another opportunity for personal hearing in the interest of justice.
The hearing will be conducted by Shri Santosh Kumar Shukla, acting as the Quasi Judicial Authority. The notice specifies that failure to appear will be construed as having nothing further to state, and the matter will proceed based on available record evidence.
Final Outcome
The hearing is scheduled for July 28, 2026 at 14:30 PM at SEBI Bhavan II, PN-C/7, G Block BKC, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400051. The noticee may appear personally or through an authorized representative with proper identification and authorization documents. Video conferencing option is available with login details to be provided via email.
Omolara Textiles must acknowledge receipt of this notice and confirm the name and designation of officials/representatives attending the hearing at least three days before the scheduled date via letter or email to sapatra@sebi.gov.in (Division Chief), manojc@sebi.gov.in (Dealing Officer), and rohani@sebi.gov.in (Dealing Officer).
Topics: SEBI Enforcement, Regulatory Hearing, Corporate Compliance