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 : 27-AUG-2026

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.

PERSONS: RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER

S.No.

PERSON

ENTITY

REGULATORY CHARGES

REGULATORY ACTION(S) / DATE OF ORDER

FURTHER DEVELOPMENTS

ADESH JAIN

(PAN:AEGPJ3902G)

Click here to view complete history of this specific entity/person

MPS INFOTECNICS LTD.

PAN:AAACV4805B

INDULGED IN APPROVAL OF BOARD RESOLUTION VIOLATING SECTION 12A (A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF MPS INFOTECNICS LTD. (FORMERLY KNOWN AS VISESH INFOTECNICS LTD.)

SEBI VIDE ITS ORDER DATED 04/08/2020 DISPOSED OFF THE REPRESENTATIONS DATED 02/07/2020 AND ALLOWED TO SELL ONLY SECURITIES LYING IN NSDL DEMAT ACCOUNT NO.IN300966 10060506 AND NSDL DEMAT ACCOUNT NO.IN302566 10002789 TO THE EXTENT OF 50% WITHIN 3 MONTHS FROM THE DATE OF THIS ORDER

SAT: SAT VIDE ITS ORDER DATED 19/11/2020 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 06/03/2020

SAT: SAT VIDE ITS ORDER DATED 20/04/2022 CONDONED THE DELAY OF 538 DAYS IN FILING OF APPEAL. ALLOWED RESPONDENTS TO FILE REPLY WITHIN THREE WEEKS AND APPELLANT TO FILE REJOINDER THREE WEEK THEREAFTER

SAT: SAT VIDE ITS ORDER DATED 30/06/2022 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 02/08/2022 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 06/01/2023 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 06/03/2020

SAT: SAT VIDE ITS ORDER DATED 08/12/2023 DISMISSED THE REVIEW APPLICATION

ADHIRAJ SINGH

(PAN:EFDPS1272E)

MINANCE TECHNOLOGIES PVT.LTD.

CIN:U74999KA2016PTC096810
PAN:AAKCM6309D

INDULGED IN ACTIVITY OF PORTFOLIO MANAGER WITHOUT SEBI REGISTRATION

SEBI VIDE ITS ORDER DATED 27/05/2022 DIRECTED TO DEBARRED FROM ACCESSING SECURITIES MARKET DIRECTLY OR INDIRECTLY AND PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN THE SECURITIES MARKET, DIRECTLY OR INDIRECTLY IN ANY MANNER WHATSOEVER FOR ONE YEAR FROM DATE OF THIS ORDER

ADITYA NIRANJANLAL AGARWAL

(PAN:AKTPA4024B)

KALAHRIDHAAN TRENDZ LTD.

PAN:AAGCK1765P

DID NOT MAKE DISCLOSURE OF DEFAULT ON OUTSTANDING DUES TO STOCK EXCHANGES

MADE FALSE AND MISLEADING CORPORATE ANNOUNCEMENTS TO STOCK EXCHANGES REGARDING EXPANSION/PROFITABILITY AND RECEIPT OF LARGE BUY ORDER FROM A FICTITIOUS ENTITY FROM BANGLADESH

SEBI VIDE ITS ORDER DATED 30/07/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER WHATSOEVER, FOR ONE YEAR FROM DATE OF ORDER B) IMPOSED PENALTY OF RS.10 LAC U/S 15HB OF SEBI ACT.

ADITYA PARAKH

(PAN:AKIPP7524Q)

INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF GREENCREST FINANCIAL SERVICES LTD.

SAT: SAT VIDE ITS ORDER DATED 10/11/2021 ALLOWED APPELLANT THREE WEEKS TIME TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 08/02/2022 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 05/06/2020

AJAY M.BHATT

(PAN:AJVPB4188Q)

INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SUNRISE ASIAN LTD.

SAT: SAT VIDE ITS ORDER DATED 14/02/2023 ALLOWED APPELLANT FURTHER TWO WEEKS TO FILE REJOINDER

AJAY RAVINDRA SHAH

(PAN:AAGPS8690G)

INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SELF-TRADES IN SCRIP OF AADHAAR VENTURES INDIA LTD.

AJJU KUMAR

(PAN:EJKPK0864F)

A1 SOLUTIONS

PAN:EJKPK0864F

INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAURIA UDYOG LTD.

SEBI VIDE ITS ORDER DATED 30/06/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH THE SECURITIES MARKET IN ANY MANNER, FOR A PERIOD OF FOUR YEARS FROM DATE OF INTERIM ORDER B) DISGORGE UNLAWFUL GAINS OF RS.1,29,56,803.00 ALONGWITH SIMPLE INTEREST @12% P.A. FROM 21/10/2020 TILL DATE OF PAYMENT OF DISGORGED AND AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER

AKASH DEEPAK PATIL

(PAN:AHQPP7304M)

DREAMS BROKING PVT.LTD.

USED SECURITIES FROM CLIENTS TO MEET OBLIGATION OF ANOTHER CLIENT

DID NOT SETTLE CLIENT�S FUNDS AND/OR SECURITIES

INCORRECT REPORTING OF MARGIN TO STOCK EXCHANGES

AKASH JAIN

(PAN:AIGPJ1990A)

INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF PINE ANIMATION LTD.

AKASH KUMAR

(PAN:AVVPK1025F)

NEWEVER TRADE WINGS LTD.

CIN:L74999WB2012PLC181106
PAN:AADCN9668B

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF NEWEVER TRADE WINGS LTD. VIOLATING REGULATIONS 4(2)(F)(II)(1), (6), (7), 4(2)(F)(III)(2), (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 NEWEVER TRADE WINGS LTD.

DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF NEWEVER TRADE WINGS LTD.

SAT: SAT VIDE ITS ORDER DATED 19/12/2022 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY AMOUNT TO RS.5 LAC FROM RS.10 LAC

AKASH PATNI

(PAN:AIMPP5138N)

VIKASH METAL & POWER LTD.

CIN:L27109WB1996PLC080353
PAN:AAACV8850A

INDULGED IN ISSUANCE OF GDRS FRAUDULENTLY AND EXECUTED PLEDGE AGREEMENT ON BEHALF OF VIKASH VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF VIKASH METAL & POWER LTD.

SAT: SAT VIDE ITS ORDER DATED 01/02/2022 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 29/09/2021 SO FAR IT RELATED TO APPELLANTS.MATTER REMITTED TO WTM TO PASS A FRESH ORDER IN ACCORDANCE WITH LAW AND APPELLANTS TO APPEAR BEFORE WTM ON 18/02/2022

SAT: SAT VIDE ITS ORDER DATED 06/02/2023 DISMISSED THE APPEALS

AKASH RANCHHODBHAI GOLAKIA

(PAN:ALDPG8381J)

MISUSED STOCK EXCHANGE SYSTEM TO GENERATE FICTITIOUS LONG-TERM CAPITAL GAINS (LTCG) TO CONVERT UNACCOUNTED INCOME INTO ACCOUNTED ONE WITH NO PAYMENT OF TAXES AS LTCG IS TAX EXEMPT IN MATTER OF PINE ANIMATION LTD.

SEBI VIDE ITS ORDER DATED 22/08/2016 CONFIRMED ITS DIRECTIONS ISSUED VIDE ITS AD INTERIM EX-PARTE ORDER DATED 08/05/2015 EXCEPT THAT NOTICEES CAN: A) ENTER INTO DELIVERY BASED TRANSACTIONS IN CASH SEGMENT IN SECURITIES COVERED IN NSE NIFTY 500 INDEX SCRIPS AND / OR S&P BSE 500 SCRIPS B) SUBSCRIBE TO UNITS OF MUTUAL FUNDS INCLUDING THROUGH SIP AND REDEEM THE UNITS OF MUTUAL FUNDS SO SUBSCRIBED C) DEAL IN DEBT/GOVERNMENT SECURITIES D) INVEST IN ETF E) AVAIL THE BENEFITS OF CORPORATE ACTIONS LIKE RIGHTS ISSUE, BONUS ISSUE, STOCK SPLIT, DIVIDEND, ETC. F) TENDER THE SHARES LYING IN THEIR DEMAT ACCOUNT IN ANY OPEN OFFER/DELISTING OFFER UNDER THE RELEVANT REGULATIONS OF SEBI. SEBI ALLOWED THEM FURTHER RELAXATIONS/RELIEFS A) THEY ARE PERMITTED TO SELL THE SECURITIES LYING IN THEIR DEMAT ACCOUNTS AS ON THE DATE OF THE INTERIM ORDER, OTHER THAN THE SHARES OF THE COMPANIES WHICH ARE SUSPENDED FROM TRADING BY THE CONCERNED STOCK EXCHANGE, IN ORDERLY MANNER UNDER THE SUPERVISION OF THE STOCK EXCHANGES SO AS NOT TO DISTURB THE MARKET EQUILIBRIUM AND DEPOSIT THE SALE PROCEEDS IN AN INTEREST BEARING ESCROW ACCOUNT WITH A NATIONALIZED BANK B) THEY MAY DEAL WITH OR UTILIZE THE SALE PROCEEDS LYING IN THE ESCROW ACCOUNT UNDER THE SUPERVISION OF THE CONCERNED STOCK EXCHANGE

SEBI VIDE ITS ORDER DATED 18/11/2019 DIRECTED TO A) DEBARRED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER, WHATSOEVER FOR 5 YEARS AND B) FREEZED EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS

AKASH SUKHDEV SWAMI

(PAN:BBHPS7069A)

INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAA JAGDAMBE TRADELINKS LTD.

SAT: SAT VIDE ITS ORDER DATED 19/11/2020 ALLOWED THE APPEAL AND CONDONED THE DELAY IN FILING OF APPEAL. ALLOWED TWO WEEKS TIME TO RESPONDENT TO FILE REPLY AND APPELLANT TO FILE REJOINDER TEN DAYS THEREAFTER

SAT: SAT VIDE ITS ORDER DATED 15/07/2021 RESERVES THE ORDER. WRITTEN SUBMISSIONS, IF ANY, MAY BE FILED WITHIN THREE DAYS

SAT: SAT VIDE ITS ORDER DATED 24/08/2021 DISMISSED THE APPEAL

AKHILESH KUMAR AGNIHOTRI

(PAN:AFXPA9503Q)

INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SELF-TRADES IN SCRIP OF SULABH ENGINEERS & SERVICES LTD.

SAT: SAT VIDE ITS ORDER DATED 13/07/2021 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED RESPONDENT TO FILE REPLY WITHIN TWO WEEKS AND REJOINDER MAY BE FILED WITHIN TWO WEEKS THEREAFTER

SAT: SAT VIDE ITS ORDER DATED 29/04/2022 DISMISSED THE APPEAL. NO COSTS

AKHILESH RAGHUVANSHI

(PAN:ALDPR2234H
DIN:05340629)

EQUICOM FINANCIAL RESEARCH PVT.LTD.,THE

PAN:AAECT4400E

SOLD ADVISORY SERVICES/PRODUCTS TO CLIENTS WITHOUT ENSURING SUITABILITY OF ADVICE ACCORDING TO THEIR RISK PROFILE

SOLD MULTIPLE ADVISORY SERVICES TO CLIENTS BY FREQUENTLY UPDATING/CHANGING RISK PROFILE

PROMISED ASSURED/GUARANTEE RETURNS/PROFITS TO CLIENTS

USED FAKE NAMES IN DEALING WITH CLIENTS

DID NOT MAINTAIN FULL RECORDS OF INVESTMENT ADVICE PROVIDED ORALLY NOR RATIONAL FOR SUCH ADVICES RENDERED

OFFERED SEVERAL ADVICES OVER PHONE FROM UNQUALIFIED AND WITHOUT NISM CERTIFIED REPRESENTATIVE

CEASED & DESIST FROM UNDERTAKING ANY ACTIVITY IN SECURITIES MARKET INCLUDING ACTIVITY OF ACTING AND REPRESENTING THROUGH ANY MEDIA (PHYSICAL OR DIGITAL) AS AN INVESTMENT ADVISOR, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 19-APR-2021 TO 18-APR-2024

CEASED AND DESIST AND NOT TO SOLICIT OR UNDERTAKE CIS ACTIVITIES OR ANY OTHER ACTIVITIES IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 19-APR-2021 TO 18-APR-2024

RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 19-APR-2021 TO 18-APR-2024

DIRECTED NOT TO DIVERT ANY FUNDS RAISED FROM PUBLIC AT LARGE KEPT IN BANK ACCOUNT AND/OR IN THE CUSTODY OF THE COMPANY FROM 19-APR-2021 TO 18-APR-2024

DIRECTED TO IMMEDIATELY WITHDRAW AND REMOVE ALL ADVERTISEMENTS, REPRESENTATIONS, LITERATURES, BROCHURES, MATERIALS, PUBLICATIONS, DOCUMENTS, WEBSITE, ETC. IN RELATION TO THOSE SCHEMES / ACTIVITIES (INVESTMENT ADVISER AND ALTERNATIVE INVESTMENT FUND, AND/OR RESEARCH ANALYST) OR ANY UNREGISTERED ACTIVITIES FROM 19-APR-2021 TO 18-APR-2024

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 NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI

DIRECTED BANKS NOT TO ALLOW ANY DEBITS/WITHDRAWLS AND CREDITS FROM ACCOUNT WITHOUT PERMISSION OF SEBI FROM 19-APR-2021 TO 18-APR-2024

DIRECTED DEPOSITORIES TO ENSURE THAT NO DEBITS AND/OR CREDITS MADE IN DEMAT ACCOUNTS, HELD JOINTLY OR SEVERALLY, OF ENTITIES AND PERSONS

DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT NOT TRANSFERRED SECURITIES HELD JOINTLY OR SEVERALLY

21-JAN-2020

SEBI VIDE ITS ORFER DATED 19/04/2021 DIRECTED TO RESTRAIN FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER WHATSOEVER, FOR A PERIOD OF THREE YEARS FROM DATE OF THIS ORDER

SEBI VIDE ITS ORDER DATED 24/09/2025 DISPOSED OF THE PROCEEDINGS INITIATED VIDE SCN DATED 24/09/2024 WITHOUT ANY FURTHER DIRECTIONS

AKHILESHWAR KUMAR MISHRA

(PAN:ALLPM9190R)

INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH OFF-MARKET TRANSACTIONS IN SCRIP OF DHANLEELA INVESTMENT & TRADING CO.LTD. (FORMERLY KNOWN AS RATNI INVESTMENTS CO.LTD.)

AKHTAR KHAN

(PAN:ASPPK4388L)

TRINITY TRADELINK LTD.

CIN:L11103MH1985PLC035826
PAN:AAFCS8117C

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS VIOLATING REGULATIONS 4(2)(F)(II)(1), (6), (7), 4(2)(F)(III)(1)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF TRINITY TRADELINK LTD.

SEBI VIDE ITS NOTICE DATED 03/12/2024 DIRECTED TO PAY RS.2,63,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SEBI VIDE ITS ORDER DATED 17/03/2025 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS 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

AKHTER AZIZ SIDDIQI

(PAN:AIDPS0636F)

INDULGED IN MANIPULATION OF BOOKS OF ACCOUNTS AND PUBLISHED FALSE AND MISLEADING FINANCIAL STATEMENTS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(E), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF FEDDERS ELECTRIC & ENGINEERING LTD.

SAT: SAT VIDE ITS ORDER DATED 08/04/2024 DIRECTED RESPONDENT NOT TO TAKE ANY COERCIVE STEPS TILL THE NEXT DATE OF LISTING

SAT: SAT: SAT VIDE ITS ORDER DATED 18/04/2024 DIRECTED SEBI TO FILE REPLY WITHIN THREE WEEKS AND APPELLANT TO FILE REJOINDER WITHIN THREE WEEKS. DIRECTED APPELLANT TO DEPOSIT 50% PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER. IF AMOUNT DEPOSITED, BALANCE AMOUNT NOT TO BE RECOVERED DURING PENDENCY OF APPEAL

SAT: SAT VIDE ITS ORDER DATED 02/05/2024 CONDONED THE DELAY IN FILING OF APPEAL. ALLOWED FOUR WEEKS TO FILE REPLY AND FILE REJOINDER FOUR WEEKS THEREAFTER. IN THE MEANWHILE STAYED THE IMPUGNED ORDER SUBJECT TO DEPOSIT OF RS.10 LAC EACH BY BOTH APPELLANTS WITH SEBI WITHIN FOUR WEEKS FROM DATE OF THIS ORDER

SAT: SAT VIDE ITS ORDER DATED 22/05/2024 GRANTED EXTENSION OF TWO WEEKS FROM 30/05/2024 TO DEPOSIT RS.10 LAC AS ORDERED BY TRIBUNAL

SAT: SAT VIDE ITS ORDER DATED 02/07/2024 GRANTED APPELLANTS FOUR WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 20/08/2024 GRANTED APPELLANTS TIME

SAT: SAT VIDE ITS ORDER DATED 03/10/2024 ALLOWED EXEMPTION APPLICATION AND GRANTED APPELLANTS THREE WEEKS TO FILE REJOINDER

SEBI VIDE ITS NOTICE DATED 09/03/2026 DIRECTED TO PAY RS.1,60,01,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SEBI VIDE ITS ORDER DATED 22/04/2026 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS, MUTUAL FUNDS FOLIOS AND/OR POST OFFICE ACCOUNT 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

AKSHAY JITENDRAKUMAR BRAHAMBHATT

(PAN:CDXPB7730C)

INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF GBL INDUSTRIES LTD.

SEBI VIDE ITS ORDER DATED 30/06/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH THE SECURITIES MARKET IN ANY MANNER, FOR A PERIOD OF FOUR YEARS FROM DATE OF INTERIM ORDER B) JOINTLY AND SEVERALLY, DISGORGE THE UNLAWFUL GAINS OF RS.5,44,396.00 ALONGWITH SIMPLE INTEREST @12% P.A. FROM 21/10/2020 TILL DATE OF PAYMENT OF DISGORGED AND AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER

AKSHAY RAJENDRABHAI OSWAL

(PAN:ABJPO0630N)

INDULGED IN CREATION OF ARTIFICIAL MARKET AND/OR PRICE MANIPULATION IN SCRIP OF VEERKRUPA JEWELERS LTD.

SAT: SAT VIDE ITS ORDER DATED 24/06/2026 GRANTED RESPONDENT SIX WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER. STAYED DEBARMENT AND RECOVERY PROCEEDINGS, SUBJECT TO DEPOSIT 50% OF PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER

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

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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 : 27-AUG-2026

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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 : 27-AUG-2026