As per Regulation 30 of SEBI LODR, 2015 please find herewith Adjudication ORDER by SEBI dated 03rd June 2025
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Awaiting price reaction for this filing.
SEBI has passed an Adjudication Order against Family Care Hospitals Ltd along with 10 other individuals including directors and officers. The company has been fined Rs.2 lakh under Section 15A(b), Rs.5 lakh under Section 15HA, and Rs.2 lakh under Section 15HB of the SEBI Act, totaling Rs.9 lakh. Several individuals have been penalized jointly and severally with fines ranging from Rs.2 lakh to Rs.5 lakh each. Section 15HA relates to insider trading while 15A(b) and 15HB cover fraudulent practices and other SEBI regulation violations respectively. The company has disclosed the order under SEBI LODR Regulation 30 to inform the stock exchange.
The financial impact is limited to the penalty amount of Rs.9 lakh for the company, which is small relative to typical operations. However, the order signals regulatory scrutiny and allegations related to insider trading and fraudulent practices, which may affect investor confidence and governance perception in the short term.