SEBI Penalizes Asta Das, Radheshyam Kundu Rs 5 Lakh

SEBI adjudication order imposes Rs 5 lakh penalty on Asta Das and Radheshyam Kundu for PFUTP violations.
Directors held liable for Advantech Traders' non-genuine illiquid options trades creating artificial volume.
Violations include executing 4 reversal trades generating 3.72 lakh units artificial volume on BSE.
Penalty imposed under Section 15HA for violating Regulations 3(a)-(d), 4(1), 4(2)(a) of PFUTP Regulations.