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SEBI Impounds ₹28 Cr from Prrsaar & Chaubara for Cross-Segment Price Manipulation

Target:UPSC GS-IIIMPSCBankingSSC GATeachingPrelims HighMains MediumStatic GK Link
17 Sept 2026
~2 min
Source: The Hindu
Key Data:₹28.12 croreOct 2025 to June 202621 days response time₹22,06,44,706₹6,05,63,836
Bodies:SEBI
Practice MCQs from today's news ▸
What This Article Covers

1.SEBI impounded ₹28 crore from Prrsaar Sampada Pvt Ltd and Chaubara Eats Pvt Ltd for price manipulation between Oct 2025 and June 2026.

2.The entities used a cross-segment strategy: placing aggressive orders in futures to distort prices and profiting from larger positions in options.

3.Promoters Ved Prakash Gupta, Priti Gupta, Saroj Gupta, and Gaurav Tomar were barred from capital markets until the amount is paid.

The Big Picture
Prelims · HighMains · Medium

SEBI has impounded ₹28 crore from Prrsaar Sampada and Chaubara Eats for a novel cross-segment price manipulation strategy using stock futures and options. This case is critical for understanding market integrity, SEBI's regulatory powers, and manipulative trading patterns often tested in Banking and UPSC exams.

Exam Lens

Quick Exam Facts From News

RegulatorSEBI
Penalty Amount₹28.12 crore
Entities InvolvedPrrsaar Sampada Pvt Ltd, Chaubara Eats Pvt Ltd
Manipulation PeriodOct 2025 to June 2026 (9 months)
Action TakenBank accounts impounded; barred from capital market
Response Time21 days to respond to interim order

1-Minute Revision

  • ›Regulator: SEBI
  • ›Penalty Amount: ₹28.12 crore
  • ›Target this Data: ₹28.12 crore — total penalty amount
  • ›Target this Nodal Body: SEBI — Securities and Exchange Board of India
  • ›Target this Legal Point: Manipulative trading under SEBI (PFUTP) Regulations

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Which regulatory body impounded bank accounts of Prrsaar Sampada Pvt Ltd and Chaubara Eats Pvt Ltd for price manipulation?

Q2Statement-basedHard

Consider the following statements regarding the SEBI interim order:

1. Prrsaar Sampada Pvt Ltd and Chaubara Eats Pvt Ltd were found to have engaged in cross-segment price manipulation using stock futures and options.

2. The entities made profits in futures trades and losses in options trades, netting ₹28.12 crore.

3. SEBI barred the entities and their promoters from the capital market until the impounded amount is paid.

Which of the statements given above is/are correct?

Q3Data-centricMedium

What is the total cumulative wrongful gain made by Prrsaar and Chaubara as per the SEBI interim order?

Q4Application/ImpactMedium

Why did SEBI state that the trading pattern of Prrsaar and Chaubara was 'neither hedging nor arbitrage'?

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