| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 8721 |
|
WADHWA FINANCIAL SERVICES PVT.LTD.
(Member : OTC)
|
|
|
DID NOT PAY FEES TO SEBI
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 20-NOV-2009 TO 19-MAY-2010
29-OCT-2009
|
|
| 8722 |
|
|
WALLFORT FINANCIAL SERVICES LTD.
(Member : NSE/BSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND DID NOT ADHERE TO THE STATUTORY REQUIREMENTS VIOLATING REGULATION 9(F) READ WITH CLAUSES A(2) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992
|
IMPOSED PENALTY RS.5,00,000
27-MAR-2018
|
|
| 8723 |
|
|
WALLFORT FINANCIAL SERVICES LTD.
(Member : BSE/NSE/CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF SPANCO TELESYSTEMS & SOLUTIONS LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
11-DEC-2006
|
|
| 8724 |
|
|
WALLFORT SHARE & STOCK BROKERS PVT.LTD.
(PAN:AAACW0750G)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF NEDUNGADI BANK LTD.
|
IMPOSED PENALTY RS.6,00,000
01-DEC-2008
|
|
| 8725 |
|
|
WALLFORT SHARE & STOCK BROKERS PVT.LTD.
(PAN:AAACW0750G)
(Member : BSE)
|
|
|
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 DIVINE ENTERTAINMENT LTD. (EARLIER KNOWN AS DENIM ENTERPRISES LTD.)
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
08-JAN-2019
|
|
| 8726 |
|
|
WALLFORT SHARE & STOCK BROKERS PVT.LTD.
(PAN:AAACW0750G)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN BAILING OUT PUBLIC ISSUE OF MAZDA FABRICS & PROCESSORS LTD. THROUGH FICTITIOUS SUBSCRIPTION
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.10,00,000 VIDE CONSENT ORDER)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY NOT TO BUY/SELL/ DEAL IN SECURITIES/ SPECIFIED SCRIPS DIRECTLY/INDIRECTLY) FROM 12-AUG-2010 TO 11-AUG-2011
12-AUG-2010
|
|
| 8727 |
|
|
WALLSTREET CAPITAL MARKET PVT.LTD.
(Member : VSE)
|
|
|
DID NOT PAY FEES TO SEBI
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-MAR-2010
08-MAR-2010
|
|
| 8728 |
|
|
WASANKAR WEALTH MANAGEMENT LTD.
(PAN:AAACW8073C)
(Sub-Broker of ISE SECURITIES & SERVICES LTD., Member : BSE,Member : ICSE)
|
|
|
DID NOT PROVIDE INFORMATION WITH RESPECT TO ALL THE BANK ACCOUNTS VIOLATING OF REGULATIONS 9 AND 21 READ WITH CLAUSES A(1), A(2), A(3) AND A(5) OF CODE OF CONDUCT SPECIFIED IN SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF WASANKAR WEALTH MANAGEMENT LTD. AND WASANKAR INVESTMENT
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE TRANSACTIONS VIOLATING REGULATION 15 READ WITH CLAUSES A(1), A(2) AND D(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS & SUB-BROKERS) REGULATIONS, 1992 IN MATTER OF WASANKAR WEALTH MANAGEMENT LTD. AND WASANKAR INVESTMENT
|
IMPOSED PENALTY RS.4,00,000
20-MAR-2020
|
SEBI VIDE ITS NOTICE DATED 31/12/2021 DIRECTED TO PAY A RS.4,86,611.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 01/02/2022 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
|
| 8729 |
|
|
WAY2WEALTH BROKERS PVT.LTD.
(PAN:AAACW3290M)
(Member : NSE)
|
|
|
|
DIRECTED TO DEPOSIT RS.15.34 CRORES ALONG WITH INTEREST @ 12% P.A. FROM 10/09/2015 TILL DATE OF PAYMENT TO IPEF WITHIN 45 DAYS FROM DATE OF THIS ORDER
DIRECTED NOT TO ACCEPT/INDUCT/ENROL ANY NEW CLIENT FROM 30-APR-2019 TO 29-APR-2020
30-APR-2019
|
SEBI VIDE ITS ORDER DATED 03/05/2019 ALLOWED WAY2WEALTH BROKERS PVT.LTD. TO CLOSE/SETTLE/SQUARE UP ITS EXISTING OPEN POSITIONS IN FUTURES & OPTIONS AND CURRENCY DERIVATIVES SEGMENTS ON OR BEFORE EXPIRY DATE OF RESPECTIVE CONTRACTS OR WITHIN TWO MONTHS FROM 30/04/2019 WHICHEVER IS EARLIER, IN TERMS OF THE CONTRACT
SAT VIDE ITS ORDER DATED 09/08/2023 SAT: PARTLY ALLOWED THE APPEAL BY QUASHING DIRECTIONS TO DISGORGE AMOUNT OF RS.15.34 CRORE. AFFIRMED DIRECTION OF WTM RESTRAINING FROM ACCEPTING, INDUCING OR ENROLLING ANY NEW CLIENT FOR ONE YEAR AND NOT TO UNDERTAKE ANY TRADE IN ITS PROPRIETARY ACCOUNT FOR TWO YEARS. DIRECTED SEBI TO REFUND RS.7.5 CRORE ALONG WITH ACCRUED INTEREST WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 29/09/2023 DISMISSED THE APPEAL
|
| 8730 |
|
|
WAY2WEALTH BROKERS PVT.LTD.
(PAN:AAACW3290M)
(Depository Participants : CDSL/NSDL,Member : BSE/NSE/MCX/BGSE)
|
|
|
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
|
IMPOSED PENALTY RS.3,00,000
25-AUG-2021
|
|
| 8731 |
|
|
WAY2WEALTH BROKERS PVT.LTD.
(PAN:AAACW3290M)
(Member : NSE)
|
|
|
|
M.R.SHASHIBHUSHAN
PAN:ABDPB4470B
|
|
DIRECTLY BENEFITTED BY PREFERENTIAL TREATMENT BY NSE, SINCE NSE ALLOWED W2W TO CONTINUE TO USE SAMPARK LINE EVEN AFTER KNOWING THAT SAMPARK DID NOT HAVE REQUISITE LICENSES TO PROVIDE SUCH CONNECTIVITY
ARRANGED CABLING THROUGH SAMPARK IN ITS CO-LOCATION RACK BOTH AT NSE AND BSE ENDS IN SUCH A MANNER THAT W2W HAD LOWER LATENCY COMPARED TO OTHER TRADING MEMBERS CONNECTED TO SAMPARK MUX PLACED IN NSE MMR
|
DIRECTED NOT TO UNDERTAKE ANY TRADES ON ANY STOCK EXCHANGE RECOGNIZED BY SEBI ON PROPRIETARY ACCOUNT FROM 30-APR-2019 TO 29-APR-2021
30-APR-2019
|
SEBI VIDE ITS ORDER DATED 03/05/2019 ALLOWED WAY2WEALTH BROKERS PVT.LTD. TO CLOSE/SETTLE/SQUARE UP ITS EXISTING OPEN POSITIONS IN FUTURES & OPTIONS AND CURRENCY DERIVATIVES SEGMENTS ON OR BEFORE EXPIRY DATE OF RESPECTIVE CONTRACTS OR WITHIN TWO MONTHS FROM 30/04/2019 WHICHEVER IS EARLIER, IN TERMS OF THE CONTRACT
SAT VIDE ITS ORDER DATED 09/08/2023 SAT: PARTLY ALLOWED THE APPEAL BY QUASHING DIRECTIONS TO DISGORGE AMOUNT OF RS.15.34 CRORE. AFFIRMED DIRECTION OF WTM RESTRAINING FROM ACCEPTING, INDUCING OR ENROLLING ANY NEW CLIENT FOR ONE YEAR AND NOT TO UNDERTAKE ANY TRADE IN ITS PROPRIETARY ACCOUNT FOR TWO YEARS. DIRECTED SEBI TO REFUND RS.7.5 CRORE ALONG WITH ACCRUED INTEREST WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 29/09/2023 DISMISSED THE APPEAL
|
| 8732 |
|
|
WAY2WEALTH BROKERS PVT.LTD.
(PAN:AAACW3290M)
(Member : NSE)
|
|
|
DID NOT PAY FEES TO SEBI
|
INITIATED ENQUIRY PROCEEDINGS
28-OCT-2009
|
|
| 8733 |
|
|
WAY2WEALTH COMMODITIES PVT.LTD.
(PAN:AAACW6445N)
(Member : NSEL)
|
|
|
NOT A FIT & PROPER PERSON TO BE GRANTED REGISTRATION/TO OPERATE AS COMMODITY DERIVATIVES BROKER
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 27-FEB-2023
27-FEB-2023
|
SAT: SAT VIDE ITS ORDER DATED 18/05/2023 ALLOWED RESPONDENT FURTHER TWO WEEKS TO FILE REPLY AND REJOINDER TO BE FILED ON 21/06/2023. INTERIM RELIEF TO CONTINUE TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 06/12/2023 CONDONED THE DELAY IN FILING OF REPLY AND REPLY AND REJOINDER TAKEN ON RECORD. EXEMPTION APPLICATIONS, IF ANY ALLOWED
SAT: SAT VIDE ITS ORDER DATED 12/12/2023 DISPOSED OF THE GROUP OF APPEALS BY DIRECTING SEBI TO CONSIDER AND COME OUT WITH A SCHEME UNDER SETTLEMENT REGULATIONS PREFERABLY WITHIN THREE MONTHS FROM DATE OF THIS ORDER. IN THE EVENT, SCHEME NOT FRAMED UNDER SETTLEMENT REGULATIONS BY SEBI THEN SAID DECISION TO BE COMMUNICATED TO ALL APPELLANTS
SAT: SAT VIDE ITS ORDER DATED 14/03/2024 ALLOWED EXTENSION OF FOUR MONTHS W.E.F.11/03/2024 FOR COMING OUT WITH A SCHEME UNDER SEBI (SETTLEMENT PROCEEDINGS) REGULATIONS, 2018 AS DIRECTED BY THIS TRIBUNAL VIDE ORDER DATED 12/12/2023
SAT: SAT VIDE ITS ORDER DATED 12/03/2025 GRANTED EXTENSION FOR FOUR MONTHS TO COMPLY WITH ORDER DATED 12/12/2023
|
| 8734 |
|
|
WAZIR CHAND NANDA
|
|
|
|
WAZIR CHAND NANDA,M/S
(Member : DSE)
|
|
DID NOT PAY FEES TO SEBI
|
INITIATED ENQUIRY PROCEEDINGS
24-DEC-2009
|
PROCEEDINGS INITIATED VIDE ORDER DATED 11/08/2005 DISPOSED OFF AS THE SAID BROKER IS NOT ALIVE
|
| 8735 |
|
|
WAZIR CHAND NANDA,M/S
(Member : DSE)
|
|
|
|
WAZIR CHAND NANDA
|
|
DID NOT PAY FEES TO SEBI
|
INITIATED ENQUIRY PROCEEDINGS
24-DEC-2009
|
PROCEEDINGS INITIATED VIDE ORDER DATED 11/08/2005 DISPOSED OFF AS THE SAID BROKER IS NOT ALIVE
|
| 8736 |
|
|
WEALTH DISCOVERY SECURITIES PVT.LTD.
(PAN:AABCW0387J)
(Member : BSE/NSE)
|
|
|
ALLEGED ASSOCIATING WITH UNREGULATED ALGORITHMIC TRADING PLATFORMS THAT PROMISED GUARANTEED RETURNS VIOLATING SEBI CIRCULAR SEBI/HO/MIRSD/DOP/P/CIR/2022/117 DATED 02/09/2022 AND CLAUSE A(2) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II READ WITH REGULATION 9 OF SEBI (STOCK BROKERS) REGULATIONS, 1992
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.1,00,000 VIDE CONSENT ORDER)
17-MAR-2026
|
|
| 8737 |
|
|
WEALTH MANTRA COMMODITIES PVT.LTD.
(PAN:AAHCS7515E)
(Member : MCX)
|
|
|
NO LONGER A MEMBER OF ANY STOCK EXCHANGE
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 30-AUG-2024
30-AUG-2024
|
|
| 8738 |
|
|
WEALTH MANTRA LTD.
(PAN:AAFCS5076E)
(Member : NSE/BSE/MSEI)
|
|
|
NO LONGER A MEMBER OF ANY STOCK EXCHANGE
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 30-AUG-2024
30-AUG-2024
|
|
| 8739 |
|
|
WELDEAL SHARES PVT.LTD.
(Member : ICSE)
|
|
|
DID NOT PAY FEES TO SEBI
|
SHOW CAUSE NOTICE ISSUED
SUSPENDED REGISTRATION AS STOCK BROKER FROM 24-FEB-2010 TILL REGISTRATION FEE DEPOSITED
09-NOV-2009
|
SEBI VIDE ORDER DATED 03/02/2010, SUSPENDED CERTIFICATE OF REGISTRATION TILL THE TIME OUTSTANDING REGISTRATION FEE IS FULLY PAID
|
| 8740 |
|
|
WELDEAL SHARES PVT.LTD.
(Member : CMBSE)
|
|
|
MANIPULATION IN BUYING, SELLING AND DEALING IN SCRIP OF JINDAL IRON & STEEL CO.LTD.
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 12-DEC-2003
12-DEC-2003
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
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| Page 437 of 441
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