| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 21 |
|
K & A SECURITIES PVT.LTD.
(PAN:AAACK1251G)
(Member : NSE)
|
|
|
ALLEGED NON-SEGREGATION OF CLIENT FUNDS FROM BROKERS FUNDS
ALLEGED INDULGENCE IN TRANSACTIONS INVOLVING RECEIPT AND PAYMENT IN CASH
ALLEGED ALLOWING CLIENTS TO TRADE IN SPITE OF DEBIT BALANCE
ALLEGED FAILURE IN ISSUANCE OF CONTRACT NOTES
ALLEGED FAILURE IN COLLECTION OF MARGIN FROM CLIENTS
ALLEGED PROVIDING TRADING TERMINALS TO SUB-BROKERS NOT REGISTERED AS AUTHORISED PERSON
ALLEGED PROVIDING TRADING TERMINALS TO ITS CLIENTS
DEALT WITH UN-REGISTERED SUB-BROKERS
ALLEGED MISLEADING INVESTORS BY INDULGING INTO FRAUDULENT PRACTICES
ALLEGED VIOLATION OF VARIOUS SEBI CIRCULARS/ORDERS
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.12,00,000 VIDE CONSENT ORDER)
27-APR-2012
|
|
| 22 |
|
|
K & A SECURITIES PVT.LTD.
(PAN:AAACK1251G)
(Member : BSE)
|
|
|
ALLEGED NON-SEGREGATION OF CLIENT FUNDS FROM BROKERS FUNDS
ALLEGED INDULGENCE IN TRANSACTIONS INVOLVING RECEIPT AND PAYMENT IN CASH
ALLEGED ALLOWING CLIENTS TO TRADE IN SPITE OF DEBIT BALANCE
ALLEGED FAILURE IN ISSUANCE OF CONTRACT NOTES
ALLEGED FAILURE IN COLLECTION OF MARGIN FROM CLIENTS
ALLEGED PROVIDING TRADING TERMINALS TO SUB-BROKERS NOT REGISTERED AS AUTHORISED PERSON
ALLEGED PROVIDING TRADING TERMINALS TO ITS CLIENTS
DEALT WITH UN-REGISTERED SUB-BROKERS
ALLEGED MISLEADING INVESTORS BY INDULGING INTO FRAUDULENT PRACTICES
ALLEGED VIOLATION OF VARIOUS SEBI CIRCULARS/ORDERS
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.12,00,000 VIDE CONSENT ORDER)
27-APR-2012
|
|
| 23 |
|
|
KAMAL DALAL,M/S
(Member : VSE)
|
|
|
|
KAMAL DALAL
|
|
TRADED IN SHARES ON ADVICE OF ANIRUDH SETHI IMMEDIATELY PRIOR TO SETHI PUTTING RECOMMENDATIONS ABOUT SUCH SHARES ON HIS WEBSITE-WWW.VALUENOTES.COM
|
IMPOSED PENALTY RS.7,00,000
23-SEP-2009
|
|
| 24 |
|
|
KAUSHIK SHAH SHARES & SECURITIES PVT.LTD.
(Member : BSE)
|
|
|
ACTED IN CONCERT WITH BROKERS/CLIENTS TO CREATE ARTIFICIAL MARKET/PRICE RISE THROUGH REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF ORIENT INFORMATION TECHNOLOGY LTD.
ATTEMPTED TO MISLEAD PUBLIC BY CREATING ARTIFICIAL MARKET IN SCRIP OF ORIENT INFORMATION TECHNOLOGY LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 22-NOV-2006 TO 28-NOV-2006
01-NOV-2006
|
SAT: IMPUGNED ORDER DATED 01/11/2006 MODIFIED AND CONVERTED INTO MONETARY PENALTY OF RS.1,00,000
|
| 25 |
|
|
KEYNOTE CAPITALS LTD.
(Member : NSE)
|
|
|
ISSUED UNFOUNDED AND QUESTIONABLE TRADE RECOMMEDATIONS TO MISLED INVESTORS ABOUT SHARES OF PYRAMID SAIMIRA THEATRE LTD.
|
DIRECTED INCOME TAX DEPARTMENT TO TAKE NECESSARY ACTIONS IN MATTER OF PYRAMID SAIMIRA THEATRE LTD.
PROHIBITED FROM GIVING ANY TRADE RECOMMENDATION IN RESPECT OF COMPANIES LISTED IN ANY OF RECOGNIZED STOCK EXCHANGES FROM 23-APR-2009 TILL FURTHER ORDERS
23-APR-2009
|
AD-INTERIM EX-PARTE ORDER DATED 23/04/2009 CONFIRMED VIDE ORDER DATED 06/07/2010
SAT: APPEAL ALLOWED AND IMPUGNED INTERIM EX-PARTE ORDER DATED 06/07/2010 SET ASIDE AND DIRECTED SEBI TO CONTINUE WITH INVESTIGATION WITH NO ORDER AS TO COSTS
|
| 26 |
|
|
KEYNOTE CAPITALS LTD.
(Member : BSE)
|
|
|
ISSUED UNFOUNDED AND QUESTIONABLE TRADE RECOMMEDATIONS TO MISLED INVESTORS ABOUT SHARES OF PYRAMID SAIMIRA THEATRE LTD.
|
DIRECTED INCOME TAX DEPARTMENT TO TAKE NECESSARY ACTIONS IN MATTER OF PYRAMID SAIMIRA THEATRE LTD.
PROHIBITED FROM GIVING ANY TRADE RECOMMENDATION IN RESPECT OF COMPANIES LISTED IN ANY OF RECOGNIZED STOCK EXCHANGES FROM 23-APR-2009 TILL FURTHER ORDERS
23-APR-2009
|
AD-INTERIM EX-PARTE ORDER DATED 23/04/2009 CONFIRMED VIDE ORDER DATED 06/07/2010
SAT: APPEAL ALLOWED AND IMPUGNED INTERIM EX-PARTE ORDER DATED 06/07/2010 SET ASIDE AND DIRECTED SEBI TO CONTINUE WITH INVESTIGATION WITH NO ORDER AS TO COSTS
|
| 27 |
|
|
KEYNOTE CAPITALS LTD.
(Member : OTC)
|
|
|
ISSUED UNFOUNDED AND QUESTIONABLE TRADE RECOMMEDATIONS TO MISLED INVESTORS ABOUT SHARES OF PYRAMID SAIMIRA THEATRE LTD.
|
DIRECTED INCOME TAX DEPARTMENT TO TAKE NECESSARY ACTIONS IN MATTER OF PYRAMID SAIMIRA THEATRE LTD.
PROHIBITED FROM GIVING ANY TRADE RECOMMENDATION IN RESPECT OF COMPANIES LISTED IN ANY OF RECOGNIZED STOCK EXCHANGES FROM 23-APR-2009 TILL FURTHER ORDERS
23-APR-2009
|
AD-INTERIM EX-PARTE ORDER DATED 23/04/2009 CONFIRMED VIDE ORDER DATED 06/07/2010
SAT: APPEAL ALLOWED AND IMPUGNED INTERIM EX-PARTE ORDER DATED 06/07/2010 SET ASIDE AND DIRECTED SEBI TO CONTINUE WITH INVESTIGATION WITH NO ORDER AS TO COSTS
|
| 28 |
|
|
KOLAR SHAREX PVT.LTD.
(Member : ICSE)
|
|
|
AIDED AND ABETTED SOUNDCRAFT INDUSTRIES LTD. AND MR.RAJKUMAR C. BASANTANI IN ISSUING FALSE AND MISLEADING CORPORATE ANNOUNCEMENT ABOUT ISSUANCE OF BONUS SHARES OF SOUNDCRAFT INDUSTRIES LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF SOUNDCRAFT INDUSTRIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-SEP-2012 TO 18-DEC-2012
29-AUG-2012
|
SAT: APPEAL ALLOWED TO BE WITHDRAWN. NO COSTS
|
| 29 |
|
|
KOLAR SHAREX PVT.LTD.
(Member : BSE)
|
|
|
AIDED AND ABETTED SOUNDCRAFT INDUSTRIES LTD. AND MR.RAJKUMAR C. BASANTANI IN ISSUING FALSE AND MISLEADING CORPORATE ANNOUNCEMENT ABOUT ISSUANCE OF BONUS SHARES OF SOUNDCRAFT INDUSTRIES LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF SOUNDCRAFT INDUSTRIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-SEP-2012 TO 18-DEC-2012
29-AUG-2012
|
SAT: APPEAL ALLOWED TO BE WITHDRAWN. NO COSTS
|
| 30 |
|
|
KOLAR SHAREX PVT.LTD.
(Member : BSE)
|
|
|
ISSUED FALSE AND MISLEADING CORPORATE ANNOUNCEMENTS RELATED TO ISSUANCE OF EQUITY SHARES THROUGH PREFERENTIAL ALLOTMENT, ISSUANCE OF REDEEMABLE PREFERENCE SHARES, INTERIM DIVIDEND AND BONUS SHARES IN MATTER OF ADAM COMSOF LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FIRNESS AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) AND A(3) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF ADAM COMSOF LTD.
|
IMPOSED PENALTY RS.12,00,000
30-APR-2010
|
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SEBI VIDE ITS NOTICE DATED 11/07/2014 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
SEBI VIDE ITS NOTICE DATED 24/05/2022 ALLOWED THE APPEAL AND DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 11/07/2014
|
| 31 |
|
|
KOLAR SHAREX PVT.LTD.
(Member : BSE)
|
|
|
INDULGED IN DISSEMINATION OF MISLEADING INFORMATION LEADING TO PRICE MANIPULATION IN THE SCRIP OF KOLAR BIOTECH LTD., SOUNDCRAFT INDUSTRIES LTD. & ADAM COMSOF LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-SEP-2004 TILL INVESTIGATIONS COMPLETED
30-SEP-2004
|
|
| 32 |
|
|
MANEKLAL CHUNILAL INVESTMENTS PVT.LTD.
(Member : ICSE)
|
|
|
|
ASHIT V.SHAH
|
|
|
DAKSHA V.SHAH
|
|
|
H.V.SHAH
|
|
|
MANISH V.SHAH
|
|
|
VIPIN M.SHAH
|
|
DECEIVED INVESTORS BY MISREPRESENTATION AND FICTITIOUS MEANS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 15-SEP-2005 TILL FURTHER ORDERS
15-SEP-2005
|
DIRECTIONS PASSED VIDE AD INTERIM EX-PARTE ORDER DATED 15/09/2005 REVOKED
|
| 33 |
|
|
RAJKUMAR CHAINRAI BASANTANI,M/S
(Member : NSE)
|
|
|
ISSUED MISLEADING ANNOUNCEMENT OF BONUS ISSUE OF SHARES AND OFF-LOADED HOLDINGS IN SCRIP OF SOUNDCRAFT INDUSTRIES LTD
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO STOCK EXCHANGES AND COMPANY AS REQUIRED UNDER REGULATION 7(1A) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF SOUNDCRAFT INDUSTRIES LTD.
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AS REQUIRED UNDER REGULATION 13(4) OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992 IN MATTER OF SOUNDCRAFT INDUSTRIES LTD
ISSUED MISLEADING ANNOUNCEMENT OF BONUS ISSUE OF SHARES AND OFF-LOADED HOLDINGS VIOLATING CLAUSE 15.1.6 OF SEBI (DISCLOSURE AND INVESTOR PROTECTION) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2000 IN MATTER OF SOUNDCRAFT INDUSTRIES LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 16-OCT-2009 TO 15-OCT-2010
16-OCT-2009
|
|
| 34 |
|
|
RAJKUMAR CHAINRAI BASANTANI,M/S
(Member : NSE)
|
|
|
|
RAJKUMAR CHAINRAI BASANTANI
|
|
INDULGED IN DISSEMINATION OF MISLEADING INFORMATION LEADING TO PRICE MANIPULATION IN THE SCRIP OF KOLAR BIOTECH LTD., SOUNDCRAFT INDUSTRIES LTD. & ADAM COMSOF LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-SEP-2004 TILL INVESTIGATIONS COMPLETED
30-SEP-2004
|
|
| 35 |
|
|
RAJKUMAR CHAINRAI BASANTANI,M/S
(Member : NSE)
|
|
|
|
RAJKUMAR CHAINRAI BASANTANI
|
|
ISSUED FALSE AND MISLEADING CORPORATE ANNOUNCEMENT ABOUT ISSUANCE OF BONUS SHARES OF SOUNDCRAFT INDUSTRIES LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF SOUNDCRAFT INDUSTRIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-SEP-2012 TO 18-SEP-2013
29-AUG-2012
|
|
| 36 |
|
|
ROONGTA RISING STOCK PVT.LTD.
(PAN:AAACH9471P)
(Member : NSE)
|
|
|
ISSUED MISLEADING ADVERTISEMENT BUYING SHARES FROM PROMOTER ENTITIES AND MANIPULATED PRICE IN MATTER OF MISHKA FINANCE & TRADING LTD.
INDULGED IN PRICE MANIPULATION IN SCRIP OF MISHKA FINANCE & TRADING LTD.
ISSUED FICTITIOUS CONTRACT NOTES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 20-AUG-2023 TO 19-AUG-2024
21-JUL-2023
|
|
| 37 |
|
|
ROONGTA RISING STOCK PVT.LTD.
(PAN:AAACH9471P)
(Member : BSE)
|
|
|
ISSUED MISLEADING ADVERTISEMENT BUYING SHARES FROM PROMOTER ENTITIES AND MANIPULATED PRICE IN MATTER OF MISHKA FINANCE & TRADING LTD.
INDULGED IN PRICE MANIPULATION IN SCRIP OF MISHKA FINANCE & TRADING LTD.
ISSUED FICTITIOUS CONTRACT NOTES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 20-AUG-2023 TO 19-AUG-2024
21-JUL-2023
|
|
| 38 |
|
|
SAM GLOBAL SECURITIES LTD.
(Member : BSE)
|
|
|
ALLEGED DISCREPANCIES IN KNOW YOUR CLIENT FORMS
DEALT WITH UN-REGISTERED SUB-BROKERS
ALLEGED INSTALLATION OF TERMINALS AT UNAUTHORIZED PLACES
ALLEGED INDULGENCE IN SENDING SMS AND EMAILS OF BEARISH OUTLOOK TO CLIENTS
ALLEGED VIOLATION OF CODE OF CONDUCT FOR STOCK BROKERS
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.15,00,000 VIDE CONSENT ORDER)
22-DEC-2008
|
|
| 39 |
|
|
SMC GLOBAL SECURITIES LTD.
(Member : NSE)
|
|
|
ALLEGED FAILURE IN MAINTAINING HIGH STANDARDS OF INTEGRITY, PROMPTITUDE AND FAIRNESS IN CONDUCT OF BUSINESS AND DID NOT ACT WITH DUE SKILL, CARE AND DILIGENCE
ALLEGED PORTRAYAL OF NEGATIVE AND BEARISH OUTLOOK OF MARKET TO ITS CLIENTS
ALLEGED LARGE SCALE UNAUTHORIZED DISTRIBUTION OF TERMINALS
DEALT WITH UN-REGISTERED SUB-BROKERS
ALLEGED FAILURE IN EXERCISING DUE CAUTION WHILE EXECUTING LARGE ORDERS ON BEHALF OF CLIENT
ALLEGED PROPRIETARY TRADING FROM MORE THAN ONE LOCATION
ALLEGED UNAUTHORIZED PERSONS OPERATING PROPRIETARY ACCOUNT ACTIVATED TERMINALS
ALLEGED UNAUTHORIZED DIVERSION OF BROKERAGE INCOME
ALLEGED DEALING THROUGH MORE THAN ONE BROKER AND NOT REPORTED OFF-THE-FLOOR TRANSACTIONS TO EXCHANGE
ALLEGED FAILURE IN COLLECTION OF MARGIN FROM CLIENTS
ALLEGED DISCREPANCIES IN KNOW YOUR CLIENT FORMS
ALLEGED DISCREPANCY IN ISSUANCE OF CONTRACT NOTES
ALLEGED NON-SEGREGATION OF CLIENT FUNDS FROM BROKERS FUNDS
ALLEGED NON-COMPLIANCE OF REQUIREMENTS OF UNIQUE CLIENT CODE
ALLEGED PLACING OF ADVERTISEMENTS IN NEWSPAPERS SOLICITING BUSINESS
ALLEGED CHANGE OF CONSTITUTION WITHOUT PRIOR PERMISSION FROM SEBI
ALLEGED NON-DISCLOSURE OF PROPRIETARY TRADING TO CLIENTS
ALLEGED DEALING WITH SUB BROKERS NOT HAVING GOOD FINANCIAL STANDING
ALLEGED IRREGULARITIES IN ISSUE OF PREFERENCE SHARE CAPITAL
ALLEGED NON-MAINTENANCE OF GENERAL CORRESPONDENCE FILE
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.15,00,000 VIDE CONSENT ORDER)
08-AUG-2008
|
|
| 40 |
|
|
SMC GLOBAL SECURITIES LTD.
(Member : OTC)
|
|
|
ALLEGED FAILURE IN MAINTAINING HIGH STANDARDS OF INTEGRITY, PROMPTITUDE AND FAIRNESS IN CONDUCT OF BUSINESS AND DID NOT ACT WITH DUE SKILL, CARE AND DILIGENCE
ALLEGED PORTRAYAL OF NEGATIVE AND BEARISH OUTLOOK OF MARKET TO ITS CLIENTS
ALLEGED LARGE SCALE UNAUTHORIZED DISTRIBUTION OF TERMINALS
DEALT WITH UN-REGISTERED SUB-BROKERS
ALLEGED FAILURE IN EXERCISING DUE CAUTION WHILE EXECUTING LARGE ORDERS ON BEHALF OF CLIENT
ALLEGED PROPRIETARY TRADING FROM MORE THAN ONE LOCATION
ALLEGED UNAUTHORIZED PERSONS OPERATING PROPRIETARY ACCOUNT ACTIVATED TERMINALS
ALLEGED UNAUTHORIZED DIVERSION OF BROKERAGE INCOME
ALLEGED DEALING THROUGH MORE THAN ONE BROKER AND NOT REPORTED OFF-THE-FLOOR TRANSACTIONS TO EXCHANGE
ALLEGED FAILURE IN COLLECTION OF MARGIN FROM CLIENTS
ALLEGED DISCREPANCIES IN KNOW YOUR CLIENT FORMS
ALLEGED DISCREPANCY IN ISSUANCE OF CONTRACT NOTES
ALLEGED NON-SEGREGATION OF CLIENT FUNDS FROM BROKERS FUNDS
ALLEGED NON-COMPLIANCE OF REQUIREMENTS OF UNIQUE CLIENT CODE
ALLEGED PLACING OF ADVERTISEMENTS IN NEWSPAPERS SOLICITING BUSINESS
ALLEGED CHANGE OF CONSTITUTION WITHOUT PRIOR PERMISSION FROM SEBI
ALLEGED NON-DISCLOSURE OF PROPRIETARY TRADING TO CLIENTS
ALLEGED DEALING WITH SUB BROKERS NOT HAVING GOOD FINANCIAL STANDING
ALLEGED IRREGULARITIES IN ISSUE OF PREFERENCE SHARE CAPITAL
ALLEGED NON-MAINTENANCE OF GENERAL CORRESPONDENCE FILE
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.15,00,000 VIDE CONSENT ORDER)
08-AUG-2008
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
| |
| Page 2 of 3
|
