SOURCE OF INFORMATION : SECURITIES AND EXCHANGE BOARD OF INDIA WEBSITE � PRESS RELEASES/ CHAIRMAN�S AND MEMBER�S ORDERS / AO ORDERS/ SAT ORDERS/ NEWSPAPER ADS
UPDATED TILL : 29-APR-2025

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.

COMPANIES: ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION

S.No.

ENTITY

PERSONS

REGULATORY CHARGES

REGULATORY ACTION(S) / DATE OF ORDER

FURTHER DEVELOPMENTS

ALFA FINSEC

(PAN:BDGPS0774K)

SUNIL SINGH

(PAN:BDGPS0774K)

ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION

ACTED AS STOCK BROKER WITHOUT SEBI REGISTRATION

ISSUED FICTITIOUS CONTRACT NOTES

FALSIFIED/FABRICATED DOCUMENT TO GIVE IMPRESSION OF AUTHENTICITY ABOUT ITS TRANSACTIONS

DELAY IN TRANSFER OF SHARES TO TRANSFEREES SUBSEQUENT TO RECEIPT OF PAYMENT FROM TRANSFEREES VIOLATING SECTION 2(I)(A) OF SCRA, 1956 AND SECTIONS 13, 16 AND 18 OF SCRA, 1956 READ WITH SEBI NOTIFICATION G.S.R 219(E) DATED 02/03/2000 AND SEBI NOTIFICATION NO.LAD-NRO/GN/2013-14/26/6667 DATED 03/10/2013 IN MATTER OF DELTA LEASING AND FINANCE LTD.

DID NOT FURNISH REQUIRED INFORMATION IN RESPONSE TO SUMMONS ISSUED BY INVESTIGATION AUTHORITY IN MATTER OF DELTA LEASING AND FINANCE LTD.

STATED FALSE REASONS IN DELIVERY INSTRUCTION SLIP (DIS) FOR TRANSACTIONS AS LOAN OF SHARES, RETURN OF LOAN, BAD DELIVERY, RECTIFICATION OF BAD DELIVERY AND GIFT VIOLATING REGULATION 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF DELTA LEASING AND FINANCE LTD.

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-JAN-2023 TO 30-APR-2023

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-JAN-2023 TO 30-APR-2023

IMPOSED PENALTY RS.8,00,000 ALONG WITH OTHER ENTITIES/PERSONS

31-JAN-2023

BALAJI ENTERPRISES

(PAN:AEKPK6751Q)

SANTOSH KUMAR

(PAN:AEKPK6751Q)

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-JAN-2023 TO 30-APR-2023

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-JAN-2023 TO 30-APR-2023

IMPOSED PENALTY RS.10,50,000 ALONG WITH OTHER ENTITIES/PERSONS

31-JAN-2023

CONSENT FINANCIAL SERVICES PVT.LTD.

ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 25-OCT-2010 TO 24-APR-2011

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 25-OCT-2010 TO 24-APR-2011

25-OCT-2010

M�BELLE INTERNATIONAL PVT.LTD.

ANUPAMA S.MOTWANI

GOPU PARIMAL BELANI

RITA K.MOTWANI

SURESH HEMWANI

SUSHIL M.THAKKAR

VIOLATED SECTION 24 (1) OF SEBI ACT, 1992

ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION

PROSECUTION LAUNCHED

31-MAR-2010

MANYOG INVESTMENTS PVT.LTD.

MANISH N.SHAH

YOGESH RUPAREL

AIDED AND ABETTED D.K.DALAL AND PROMOTERS OF NATURAL EXPO INDUSTRIES LTD. IN PRICE MANIPULATION IN SCRIP OF NATURAL EXPO INDUSTRIES LTD.

ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 05-SEP-2003 TO 04-SEP-2008

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 05-SEP-2003 TO 04-SEP-2008

05-SEP-2003

REACHED SETTLEMENT (SETTLEMENT CHARGES RS.3,00,000, LEGAL EXPENSES RS.60,000 VIDE CONSENT ORDER)

24-APR-2008

SAT: IMPUGNED ORDER SET ASIDE AND INSTRUCTED SEBI TO ISSUE FRESH NOTICE AFTER INITIATING PROCEEDINGS

RESTRAINED FROM BUYING, SELLING OR DEALING IN SECURITIES IN ANY MANNER AND IN ANY CAPACITY FOR A PERIOD OF ONE YEAR (25/07/2007 TO 24/07/2008) IN THE MATTER OF M/S NATURAL EXPO AGRO INDUSTRIES LTD.

SAT: APPEAL STAND DISPOSED OFF, AS APPELLANT AGREED TO PAY RS.5,60,000 AS PER CONSENT ORDER

MAX PORTFOLIOS

SANJEEV KAPOOR

SOLICITED INVESTMENTS FROM PUBLIC IN THE FORM OF LOANS, ASSURING HIGH MONTHLY INTEREST

CLAIMED TO HAVE ITS OWN NSE TERMINAL

DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER

HAD NO LEGAL ACCESS TO A TRADING TERMINAL OF ANY EXCHANGE

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 02-JAN-2004 TILL FURTHER ORDER

RESTRAINED FROM ACCEPTING LOANS/DEPOSITS FROM PUBLIC FOR SECURITIES MARKET FROM 02-JAN-2004 TILL FURTHER ORDER

02-JAN-2004

MORAL CAPITAL SERVICES LTD.

(PAN:AAFCM3135Q
CIN:U67110UP2007PLC034163)

AJAY KUMAR SHARMA

(PAN:ANQPS0753F
DIN:02356951)

ARUN KUMAR

(PAN:AGZPK5596J
DIN:02000610)

GYANESHWAR SHARMA

(PAN:BQHPS9902F
DIN:01881854)

ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION

INDULGED IN ACTIVITY OF PORTFOLIO MANAGER WITHOUT SEBI REGISTRATION

ACTED AS DEPOSITORY PARTICIPANTS WITHOUT SEBI REGISTRATION

WARNED AND ADVISED TO REFRAIN FROM REPRESENTING AS SUB-BROKER OR PORTFOLIO MANAGER OR DEPOSITORY PARTICIPANT IN ANY MANNER WHATSOEVER AND NOT HOLD VALID CERTIFICATES OF REGISTRATION

31-OCT-2017

NATRAJ CAPITAL & CREDIT PVT.LTD.