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Regulatory actions in Chronological Order

REGULATORY ACTIONS IN CHRONOLOGICAL ORDER

NAMES IN BROWN COLOUR
Names of entities/persons in brown colour denote that the regulatory order is not against them but their names have been mentioned only for association purposes.

ENTITY

S.
No.

DATE OF ORDER

ENTITY

PERSON

COMPETENT AUTHORITY

REGULATORY CHARGES

REGULATORY ACTION(S) / DATE OF ORDER

FURTHER DEVELOPMENTS

16-SEP-2026

CHAUBARA EATS PVT.LTD.

(PAN:AAACW0088K)

GAURAV TOMAR

SAROJ GUPTA

SEBI

INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION WHILE TRADING IN STOCK FUTURES AND OPTIONS

DIRECTED TO IMPOUND UNLAWFUL GAIN RS.6,05,63,836 ALONG WITH OTHER ENTITIES/PERSONS

DIRECTED TO OPEN FIXED DEPOSIT ACCOUNTS IN THEIR NAMES TO CREDIT OR DEPOSIT IMPOUNDING AMOUNT WITH A LIEN MARK IN FAVOUR OF SEBI AND AMOUNT KEPT THEREIN NOT TO BE RELEASED WITHOUT PERMISSION FROM SEBI

DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI EXCEPT FOR THE PURPOSES OF TRANSFER OF FUNDS TO FIXED DEPOSIT ACCOUNT(S)

DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI

DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS

ALLOWED BANKS TO DEBIT FOR THE PURPOSE OF COMPLYING WITH THIS ORDER

DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES

DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY OF THEIR ASSETS/PROPERTIES/ SECURITIES

DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS

DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 16-SEP-2026

16-SEP-2026

16-SEP-2026

PRRSAAR SAMPADA PVT.LTD.

(PAN:AAACK1089Q)

(Member : BSE/NSE)

PRITI GUPTA

VED PRAKASH GUPTA

SEBI

INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION WHILE TRADING IN STOCK FUTURES AND OPTIONS

DIRECTED TO IMPOUND UNLAWFUL GAIN RS.22,06,44,706

DIRECTED TO OPEN FIXED DEPOSIT ACCOUNTS IN THEIR NAMES TO CREDIT OR DEPOSIT IMPOUNDING AMOUNT WITH A LIEN MARK IN FAVOUR OF SEBI AND AMOUNT KEPT THEREIN NOT TO BE RELEASED WITHOUT PERMISSION FROM SEBI

DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI EXCEPT FOR THE PURPOSES OF TRANSFER OF FUNDS TO FIXED DEPOSIT ACCOUNT(S)

DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI

DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS

ALLOWED BANKS TO DEBIT FOR THE PURPOSE OF COMPLYING WITH THIS ORDER

DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES

DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY OF THEIR ASSETS/PROPERTIES/ SECURITIES

DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS

DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION

RESTRAINED FROM BUYING, SELLING OR DEALING IN SECURITIES EITHER DIRECTLY OR INDIRECTLY IN PROPRIETARY ACCOUNT FROM 16-SEP-2026

16-SEP-2026

15-SEP-2026

MIRAE ASSET VENTURE INVESTMENTS (INDIA) PVT.LTD.

(PAN:AAMCM7607G)

(Along with : MIRAE ASSET VENTURE OPPORTUNITY TRUST)

PURVA KAURANI

ASHISH SAINI

SHIKHA PAREEK

GAURAV MATTA

ARPIT KUMAR

PUNEET KUMAR

SEBI

ALLEGED VIOLATION OF CONCENTRATION LIMIT OF 25% OF INVESTABLE FUNDS IN A SINGLE INVESTEE COMPANY

REACHED SETTLEMENT (SETTLEMENT CHARGES RS.12,75,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)

15-SEP-2026

15-SEP-2026

MIRAE ASSET VENTURE OPPORTUNITY TRUST

(PAN:AAGTM3700M)

(Along with : MIRAE ASSET VENTURE INVESTMENTS (INDIA) PVT.LTD.)

PURVA KAURANI

ASHISH SAINI

SHIKHA PAREEK

PUNEET KUMAR

GAURAV MATTA

ARPIT KUMAR

SEBI

ALLEGED VIOLATION OF CONCENTRATION LIMIT OF 25% OF INVESTABLE FUNDS IN A SINGLE INVESTEE COMPANY

REACHED SETTLEMENT (SETTLEMENT CHARGES RS.12,75,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)

15-SEP-2026

11-SEP-2026

AIKYAM WEALTH MANAGEMENT SERVICES PVT.LTD.

SEBI

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 11-SEP-2026

11-SEP-2026

11-SEP-2026

A-ONE CAPITAL & INVESTEMNT ADVISOR

SHOBHIT GUPTA

SEBI

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 11-SEP-2026

11-SEP-2026

11-SEP-2026

ARIN ASSET ADVISORS LLP

SEBI

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 11-SEP-2026

11-SEP-2026

11-SEP-2026

BILLIONEDGE INVESTMENT ADVISORS

SEBI

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 11-SEP-2026

11-SEP-2026

11-SEP-2026

BIS CAPITAL INVESTMENT ADVISOR

(PAN:BFLPP9443M)

HARIOM SHARAN PATEL

SEBI

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 11-SEP-2026

11-SEP-2026

11-SEP-2026

D.S.CAPITAL VENTURE PVT.LTD.

(PAN:AADCH8426M)

SEBI

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 11-SEP-2026

11-SEP-2026

11-SEP-2026

DELVE AXIS

ANANT HASMUKHLAL SHAH

SEBI

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 11-SEP-2026

11-SEP-2026

11-SEP-2026

DSFS ADVIOSRY

SEBI

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 11-SEP-2026

11-SEP-2026

11-SEP-2026

EMAMI REALTY LTD.

(CIN:AALCS5120P
PAN:AALCS5120P)

SEBI

DID NOT OBTAIN PRIOR APPROVAL OF AUDIT COMMITTEE FOR RELATED PARTY TRANSACTIONS ENTERED BY COMPANY VIOLATING REGULATION 23(2) OF SEBI (LODR), 2015

INCORRECTLY CLASSIFIED INVESTMENTS IN EQUITY SHARES AND DEBENTURES IN STANDALONE FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(A) TO 4(1)(E), 4(1)(G) TO 4(1)(J), 4(2)(E)(I), 33(1)(C) AND 34(3) READ WITH CLAUSE B(2) OF SCHEDULE V AND 48 OF SEBI (LODR) REGULATIONS, 2015

IMPOSED PENALTY RS.2,00,000

11-SEP-2026

11-SEP-2026

EPIC RESEARCH PVT.LTD.

(PAN:AADCE1112D)

SEBI

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 11-SEP-2026

11-SEP-2026

11-SEP-2026

FINAUX ALPHA 6 INVESTMENT ADVISORS PVT.LTD.

SEBI

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 11-SEP-2026

11-SEP-2026

11-SEP-2026

GUAVA SOFTS PVT.LTD.

SEBI

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 11-SEP-2026

11-SEP-2026

11-SEP-2026

INVESTOWRYGHT RESEARCH ANALYTICS PVT.LTD.

(PAN:AAGCI9545K)

SEBI

MADE MULTIPLE FALSE AND MISLEADING CLAIMS/ DISCLOSURES/ STATEMENTS RELATED TO HIGH RETURNS/ASSURED RETURNS

DID NOT CAPTURE ALL RELEVANT KYC DETAILS MANDATED THROUGH UNIFORM KYC FORMAT/CKYCR TEMPLATE PRESCRIBED FOR SEBI-REGISTERED INTERMEDIARIES

DELAY IN PUBLISHING COMPLAINT REDRESSAL DATA

DELAY IN SUBMITTING PERIODIC REPORT TO RESEARCH ANALYST ADMINISTRATION & SUPERVISORY BODY

CHARGED FEES BEYOND THE MAXIMUM PERMISSIBLE LIMIT FROM CLIENTS

IMPOSED PENALTY RS.10,00,000

11-SEP-2026

11-SEP-2026

JVS WEALTH SOLUTIONS

VIJAYA JAIN

SEBI

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 11-SEP-2026

11-SEP-2026

11-SEP-2026

MODEX INTERNATIONAL SECURITIES LTD.

(CIN:L74899DL1995PLC065153
PAN:AAACM2105K)

(Member : NSE)

SEBI

SHORTFALL OF CLIENTS FUNDS AND SECURITIES

MISAPPROPRIATED CLIENT SECURITIES AND/OR FUNDS

DID NOT MAINTAIN BOOKS OF ACCOUNT AND OTHER DOCUMENTS

PROMISED ASSURED RETURNS TO CLIENTS

DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 9 READ WITH CLAUSES A(1) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 11-SEP-2026

11-SEP-2026

11-SEP-2026

MONEY & MORE CONSULTANTS PVT.LTD.

SEBI

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 11-SEP-2026

11-SEP-2026

The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.