| S.No. |
ENTITY |
PERSON |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
ANGEL ONE LTD.
|
|
|
TRADING TERMINAL OPERATED AT LOCATIONS OTHER THAN REPORTED TO NSE
TRADING TERMINAL NOT OPERATED BY PERSON AS PER EXCHANGE RECORDS
OFFICE OF THE AUTHORISED PERSON NOT AVAILABLE AT REGISTERED ADDRESS
DID NOT DISPLAY AUTHORISED PERSON REGISTRATION CERTIFICATE
DID NOT MAINTAIN INVESTOR GRIEVANCE REGISTER/BOARD
DID NOT MAINTAIN CALL RECORDINGS OF CLIENTS
UNAPPROVED MARKETING MATERIAL AND WEBSITES FOUND AT AUTHORISED PERSON’S OFFICE
|
IMPOSED PENALTY FROM 14-JUL-2023 TO 13-JAN-2024Rs.1,66,89,000
14-JUL-2023
PROHIBITED FROM ONBOARDING NEW AUTHORISED PERSONS FROM 14-JUL-2023 TO 13-JAN-2024
DIRECTED TO CONDUCT INSPECTION OF ALL AUTHORIZED PERSONS AND SUBMIT REPORT THEREOF TO STOCK EXCHANGES FROM 14-JUL-2023 TO 13-JAN-2024
DIRECTED TO SUBMIT DETAILED REPORT ON INVESTORS’ GRIEVANCE REDRESSAL MECHANISM FROM 14-JUL-2023 TO 13-JAN-2024
|
|
| 2 |
|
|
EXCEL STOCK BROKING PVT.LTD.
|
|
|
TRADING TERMINAL OPERATED AT LOCATIONS OTHER THAN REPORTED TO NSE
|
IMPOSED PENALTY Rs.1,00,000
07-JAN-2021
|
SAT: SAT VIDE ITS ORDER DATED 07/01/2021 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY TO RS.1 LAC FROM RS.10 LACS TO BE PAID WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 3 |
|
|
GOGIA CAPITAL SERVICES LTD.
|
|
|
MADE INCORRECT REPORTING OF CLIENT LEVEL CASH AND CASH EQUIVALENT BALANCES
DID NOT MAINTAIN BANK BOOKS IN PRESCRIBED FORMAT
DID NOT SEGREGATE CLIENT FUNDS AND OWN FUNDS
DID NOT MAINTAIN DAILY RECONCILIATION STATEMENT
MADE INCORRECT RETENTION STATEMENT
TRADING TERMINAL NOT OPERATED BY PERSON AS PER EXCHANGE RECORDS
UPLOADED INCORRECT DETAILS OF TRADING TERMINALS (CTCL) TO STOCK EXCHANGE
|
IMPOSED PENALTY Rs.1,72,500
23-JAN-2025
|
|
| 4 |
|
|
JUNJHARJI INVESTMENT PVT.LTD.
|
|
|
FALSE REPORTING OF MARGIN FROM CLIENTS
DID NOT CO-OPERATE IN PROVIDING DATA DURING INSPECTION
MISUTILISED CLIENTS FUNDS AND/OR SECURITIES
DID NOT RECONCILE CLIENT SECURITIES IN BENEFICIARY ACCOUNTS WITH THE BACK-OFFICE RECORDS
DID NOT SETTLE CLIENT’S FUNDS AND/OR SECURITIES
SUBMITTED INCORRECT DATA TOWARDS CLIENT LEVEL HOLDING STATEMENT
DID NOT ISSUE STATEMENT OF ACCOUNT AND RETENTION STATEMENTS TO CLIENTS
FUNDED CLIENTS HAVING DEBIT BALANCES BY PROVIDING FURTHER EXPOSURE
SUBMITTED INCORRECT DATA IN RESPECT OF WEEKLY MONITORING OF CLIENT FUNDS
OPERATED TRADING TERMINAL WITHOUT HOLDING VALID CERTIFICATE/REGISTRATION
|
IMPOSED PENALTY FROM 14-SEP-2022 TO 15-SEP-2022Rs.44,79,300
24-AUG-2022
SUSPENDED REGISTRATION AS STOCK BROKER FROM 14-SEP-2022 TO 15-SEP-2022
|
NSE VIDE ITS ORDER DATED 15/03/2023 UPHELD EARLIER ORDER DATED 24/08/2022
|
| 5 |
|
|
MANALI TRADING & HOLDINGS PVT.LTD.
|
|
|
DID NOT ADHERE TO DIRECTIONS ISSUED BY MEMBER CORE SETTLEMENT GUARANTEE FUND COMMITTEE (MCSGFC)
DID NOT MAINTAIN CLIENT ORDER PLACEMENT EVIDENCE DURING INSPECTION
DID NOT SETTLE CLIENT’S FUNDS AND/OR SECURITIES
DID NOT CLOSE DEMAT ACCOUNT TAGGED AS CLIENT COLLATERAL ACCOUNT
DELAY IN ISSUANCE OF DAILY MARGIN STATEMENTS TO CLIENTS
DID NOT CONDUCT IN-PERSON VERIFICATION (IPV) WHILE REGISTERING CLIENTS
MADE INCORRECT RETENTION STATEMENT
DID NOT PROVIDE CORRECT DATA TO STOCK EXCHANGE UNDER RISK-BASED SUPERVISION
INCORRECT REPORTING OF MARGIN TO STOCK EXCHANGES
SUBMITTED INCORRECT DATA TOWARDS CLIENT LEVEL HOLDING STATEMENT
INCORRECT REPORTING FOR WEEKLY MONITORING OF CLIENT FUNDS
DID NOT UPLOAD KYC DOCUMENTS TO KRA PROCESSES
DID NOT ISSUE INTIMATION OF TRANSFER OF FUNDS TO CLIENTS BY SMS DURING RUNNING ACCOUNT SETTLEMENT
DELAY IN WINDING UP OF CLIENT UNPAID SECURITIES ACCOUNT (CUSA)
ALLOCATED TRADING TERMINALS TO COMPLIANCE OFFICER FOR EXECUTION OF TRADES
DID NOT MAINTAIN PROPER AND/OR COMPLETE CLIENT REGISTRATION FORMS
DID NOT ENSURE PROPER DEMARCATION OF MANDATORY AND NON-MANDATORY FIELDS IN REGISTRATION DOCUMENT
|
IMPOSED PENALTY Rs.1,00,980
24-FEB-2026
WARNED & ADVISED TO COMPLY WITH APPLICABLE SECURITIES LAWS
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
