| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 21 |
|
APLAYA CREATIONS LTD.
(PAN:AAACG1479J)
|
|
|
|
PRAMOD KUMAR GUPTA
PAN:ABRPG4589Q
|
|
|
RAMAWTAR GUPTA
PAN:AGEPG2765Q
|
|
DID NOT UTILIZE THE FUNDS AS STATED IN OBJECTS AND DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES VIOLATING CLAUSES 43 OF LISTING AGREEMENT READ WITH REGULATION 32 OF SEBI (LODR) REGULATIONS, 2015
DID NOT ADHERE TO SUMMONS ISSUED FOR FURNISHING OF INFORMATION
|
IMPOSED PENALTY RS.11,00,000
27-OCT-2020
|
SEBI VIDE ITS NOTICE DATED 17/08/2021 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 ORDER DATED 02/09/2021 DIRECTED ALL THE BANKS TO REMIT ENTIRE AMOUNT TO THE EXTENT LYING IN THE BANK AND TERM DEPOSIT ACCOUNT OF APLAYA CREATIONS LTD. TO SEBI BY WAY OF EFT/NEFT/RTGS
|
| 22 |
|
|
ARSS INFRASTRUCTURE PROJECTS LTD.
(CIN:L14103OR2000PLC006230
PAN:AADCA4203D)
|
|
|
|
RAJESH AGRAWAL
PAN:ACEPA5209R
|
|
|
SOUMENDRA KESHARI PATTANAIK
PAN:AFNPP7713B
|
|
|
SUBASH AGARWAL
PAN:AATPA3716A
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF ARSS INFRASTRUCTURE PROJECTS LTD. AND SUBSIDIARIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ARSS INFRASTRUCTURE PROJECTS LTD.
DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONS
DID NOT MAKE DISCLOSURE OF RELATIONSHIP BETWEEN DIRECTORS
DID NOT PLACE INFORMATION OF ANNUAL OPERATING PLANS AND CAPITAL BUDGETS BEFORE BOARD OF DIRECTORS
DID NOT LAY DOWN PROCEDURES TO INFORM BOARD OF DIRECTORS ABOUT RISK ASSESSMENT AND MINIMIZATION PROCEDURES
OVERSTATED REVENUE AND SUB-CONTRACTING EXPENSES
DISCREPANCIES AND INCONSISTENCIES IN ACCOUNTING AND FINANCIAL DATA AND WITHIN TALLY DATA
DID NOT PROVIDE INTEREST ON OUTSTANDING BANK BORROWINGS AND INCOMPLETE DISCLOSURE OF FIRE INCIDENT
MADE MISREPRESENTATION IN FINANCIAL STATEMENTS AND ANNUAL REPORT VIOLATING REGULATION 4(1)(C) OF SEBI (LODR) REGULATIONS, 2015
MISREPRESENTED ACCOUNTING STANDARD AND FINANCIAL DISCLOSURE VIOLATING REGULATION 33(2) (A) OF SEBI (LODR) REGULATIONS, 2015
DID NOT FURNISH INFORMATION AND DID NOT COOPERATE WITH FORENSIC AUDITOR
|
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 25-NOV-2021 TO 24-NOV-2022
IMPOSED PENALTY RS.25,00,000
25-NOV-2021
|
SAT: SAT VIDE ITS ORDER DATED 02/05/2022 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 30/06/2022 ALLOWED APPELLANTS FURTHER THREE WEEKS TO FILE REJOINDER
|
| 23 |
|
|
ARSS INFRASTRUCTURE PROJECTS LTD.
(CIN:L14103OR2000PLC006230
PAN:AADCA4203D)
|
|
|
|
KRISHNA CHANDRA RAUT
PAN:AHPPR0441L
|
|
|
RIMA DHAWAN
PAN:AAMPD6994L
|
|
|
SWARUP CHANDRA PARIJA
PAN:AGAPP2620B
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF ARSS INFRASTRUCTURE PROJECTS LTD. AND SUBSIDIARIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ARSS INFRASTRUCTURE PROJECTS LTD.
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF ARSS INFRASTRUCTURE PROJECTS LTD. AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(6) & 7, 4(2)(F)(III)(1), (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ARSS INFRASTRUCTURE PROJECTS LTD.
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF ARSS INFRASTRUCTURE PROJECTS LTD.
|
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 25-NOV-2021 TO 24-MAY-2022
IMPOSED PENALTY RS.3,00,000
25-NOV-2021
|
|
| 24 |
|
|
ARTH UDYOG LTD.
(PAN:AAACA1256B)
|
|
|
ALLEGED MISREPRESENTATION OF SHAREHOLDING OF PROMOTERS AS PUBLIC SHAREHOLDING VIOLATING REGULATIONS 18(1)(B), 19(1)(C) AND/OR 31(1)(B) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SEBI CIRCULARNO.CIR/CFD/CMD/13/2015 DATED 30/11/2015 READ WITH REGULATION 2(ZA) OF SEBI (ICDR) REGULATIONS, 2009 AND CLAUSE 35 OF LISTING AGREEMENT
ALLEGED FAILURE IN COMPLIANCE OF MINIMUM PUBLIC SHAREHOLDING NORMS VIOLATING RULE 19A(1) OF SECURITIES CONTRACTS (REGULATION) RULES, 1957 READ WITH REGULATION 38 OF SEBI (LODR) REGULATIONS, 2015 READ WITH CLAUSE 2(II) OF SEBI CIRCULAR NO.CIR/CFD/DIL/10/2010 DATED 16/12/2010 READ WITH CIRCULAR NO.CIR/CFD/CMD/14/2015 DATED 30/11/2015
ALLEGED VIOLATION SECTIONS 12A(A) AND 12A(B) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B), 3(C) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.2,71,15,000 VIDE CONSENT ORDER)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY TO BE RESTRAINED FROM ACCESSING SECURITIES MARKET INCLUDING BY ISSUING PROSPECTUS, OFFER DOCUMENT OR ADVERTISEMENT SOLICITING MONEY FROM PUBLIC) FROM 12-SEP-2022 TO 11-SEP-2024
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY TO UNDERTAKE TO PROVIDE ANOTHER EXIT OFFER TO ITS PUBLIC SHAREHOLDERS AFTER SETTLEMENT ORDER AT SAME EXIT PRICE AS WAS OFFERED IN THE OFFER GIVEN BY IT IN 2019)
12-SEP-2022
|
|
| 25 |
|
|
ARTIFICE PROPERTIES PVT.LTD.
(PAN:AAGCA5140E)
|
|
|
INDULGED IN DIVERSION OF FUNDS OF RS.2315.09 CRORES (APPROX.) FROM RELIGARE FINVEST LTD. TO PROMOTERS AND THEIR RELATED ENTITIES VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D) & 4(1), 4(2)(F) AND 4(2) (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RELIGARE ENTERPRISES LTD.
DID NOT MAKE DISCLOSURE OF FUNDS ROUTED BY RELIGARE FINVEST LTD. THROUGH UNRELATED ENTITIES TO PROMOTERS AND PROMOTERS GROUP ENTITIES VIOLATING CLAUSE 32 OF LISTING AGREEMENT IN MATTER OF RELIGARE ENTERPRISES LTD.
MISREPRESENTATED FINANCIAL POSITION BY ROLLING OVER THE LOANS VIOLATING REGULATIONS 4(1)(B), (C), 30(1) AND 51(1) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 IN MATTER OF RELIGARE ENTERPRISES LTD.
|
DIRECTED NOT TO DIVERT ANY FUNDS EXCEPT TO MEET EXPENSES OF DAY-TO-DAY BUSINESS OPERATIONS WITHOUT PRIOR PERMISSION OF SEBI
14-MAR-2019
|
SEBI VIDE ITS ORDER DATED 11/09/2019 DIRECTED NOT TO DISPOSED OFF OR ALIENATE ANY OF THEIR ASSETS OR DIVERT ANY FUNDS, EXCEPT TO MEET EXPENSES OF DAY-TO-DAY BUSINESS OPERATIONS WITHOUT PRIOR PERMISSION OF SEBI TILL COMPLETION OF INVESTIGATION AND FURTHER ORDERS
SEBI VIDE ITS ORDER DATED 12/11/2020 REVOKED ITS DIRECTIONS ISSUED VIDE INTERIM ORDER DATED 14/03/2019 READ WITH CORRIGENDUM ORDER DATED 18/04/2019
|
| 26 |
|
|
ASCOM LEASING & INVESTMENTS LTD.
(PAN:AACCA0515B)
|
|
|
DID NOT CLASSIFY SAFFRON HITECH EQUIPMENT PVT.LTD. AS PART OF ITS PROMOTER GROUP AND MADE INCORRECT DISCLOSURE OF SHAREHOLDING PATTERN TO STOCK EXCHANGES VIOLATING REGULATIONS 31(1) AND 31(4) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 21 OF SCRA, 1956
|
IMPOSED PENALTY RS.2,00,000
12-JUN-2024
|
|
| 27 |
|
|
ASHNA REALTORS PVT.LTD.
(PAN:AAHCA0375Q)
|
|
|
DID NOT SUBMIT FINANCIAL RESULTS TO STOCK EXCHANGES VIOLATING REGULATIONS 52(1), 52(4) AND 52(5) OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.1,00,000
26-MAR-2021
|
SEBI VIDE ITS NOTICE DATED 03/01/2023 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
SEBI VIDE ITS ORDER DATED 08/02/2023 DIRECTED ALL THE BANKS TO REMIT RS.1,25,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF ASHNA REALTORS PVT.LTD. TO SEBI BY WAY OF EFT/NEFT/RTGS
|
| 28 |
|
|
ASHOKA MARKETING LTD.
(PAN:AACCA7616H)
|
|
|
ALLEGED MISREPRESENTATION OF SHAREHOLDING OF PROMOTERS AS PUBLIC SHAREHOLDING VIOLATING REGULATIONS 18(1)(B), 19(1)(C) AND/OR 31(1)(B) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SEBI CIRCULARNO.CIR/CFD/CMD/13/2015 DATED 30/11/2015 READ WITH REGULATION 2(ZA) OF SEBI (ICDR) REGULATIONS, 2009 AND CLAUSE 35 OF LISTING AGREEMENT
ALLEGED FAILURE IN COMPLIANCE OF MINIMUM PUBLIC SHAREHOLDING NORMS VIOLATING RULE 19A(1) OF SECURITIES CONTRACTS (REGULATION) RULES, 1957 READ WITH REGULATION 38 OF SEBI (LODR) REGULATIONS, 2015 READ WITH CLAUSE 2(II) OF SEBI CIRCULAR NO.CIR/CFD/DIL/10/2010 DATED 16/12/2010 READ WITH CIRCULAR NO.CIR/CFD/CMD/14/2015 DATED 30/11/2015
ALLEGED VIOLATION SECTIONS 12A(A) AND 12A(B) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B), 3(C) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.2,87,10,000 VIDE CONSENT ORDER)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY TO BE RESTRAINED FROM ACCESSING SECURITIES MARKET INCLUDING BY ISSUING PROSPECTUS, OFFER DOCUMENT OR ADVERTISEMENT SOLICITING MONEY FROM PUBLIC) FROM 12-SEP-2022 TO 11-SEP-2024
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY TO UNDERTAKE TO PROVIDE ANOTHER EXIT OFFER TO ITS PUBLIC SHAREHOLDERS AFTER SETTLEMENT ORDER AT SAME EXIT PRICE AS WAS OFFERED IN THE OFFER GIVEN BY IT IN 2019)
12-SEP-2022
|
|
| 29 |
|
|
ASHOKA VINIYOGA LTD.
(PAN:AACCA4784G)
|
|
|
ALLEGED MISREPRESENTATION OF SHAREHOLDING OF PROMOTERS AS PUBLIC SHAREHOLDING VIOLATING REGULATIONS 18(1)(B), 19(1)(C) AND/OR 31(1)(B) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SEBI CIRCULARNO.CIR/CFD/CMD/13/2015 DATED 30/11/2015 READ WITH REGULATION 2(ZA) OF SEBI (ICDR) REGULATIONS, 2009 AND CLAUSE 35 OF LISTING AGREEMENT
ALLEGED FAILURE IN COMPLIANCE OF MINIMUM PUBLIC SHAREHOLDING NORMS VIOLATING RULE 19A(1) OF SECURITIES CONTRACTS (REGULATION) RULES, 1957 READ WITH REGULATION 38 OF SEBI (LODR) REGULATIONS, 2015 READ WITH CLAUSE 2(II) OF SEBI CIRCULAR NO.CIR/CFD/DIL/10/2010 DATED 16/12/2010 READ WITH CIRCULAR NO.CIR/CFD/CMD/14/2015 DATED 30/11/2015
ALLEGED VIOLATION SECTIONS 12A(A) AND 12A(B) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B), 3(C) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.2,95,07,500 VIDE CONSENT ORDER)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY TO BE RESTRAINED FROM ACCESSING SECURITIES MARKET INCLUDING BY ISSUING PROSPECTUS, OFFER DOCUMENT OR ADVERTISEMENT SOLICITING MONEY FROM PUBLIC) FROM 07-SEP-2022 TO 06-JUN-2024
07-SEP-2022
|
|
| 30 |
|
|
ASIAN HOTELS (NORTH) LTD.
(PAN:AAACA0125H)
|
|
|
DELAY IN MAKING DISCLOSURE TO STOCK EXCHANGES RELATED TO SIGNING OF INTER-CREDIT AGREEMENT VIOLATING REGULATION 30(7) READ WITH 4(1)(D), (E) AND (H) OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.6,00,000
25-APR-2024
|
|
| 31 |
|
|
ASIAN HOTELS (WEST) LTD.
(CIN:L55101DL2007PLC157518
PAN:AADCC0608C)
|
|
|
DELAY IN SUBMISSION OF FINANCIAL RESULTS TO STOCK EXCHANGES
DID NOT MAKE DISCLOSURE TO STOCK EXCHANGE REGARDING NON-PAYMENT OF LOAN REPAYMENT TO YES BANK LTD.
MADE INCOMPLETE DISCLOSURE TO STOCK EXCHANGES REGARDING RESIGNATION OF STATUTORY AUDITOR
|
IMPOSED PENALTY RS.5,00,000
16-DEC-2024
|
|
| 32 |
|
|
ASSETZ PREMIUM HOLDINGS PVT.LTD.
(PAN:AANCA3473H)
|
|
|
DID NOT SUBMIT BANK DETAILS TO DEBENTURE TRUSTEES VIOLATING CLAUSE 3.2 OF SEBI CIRCULAR SEBI/HO/DDHS/CIR/P/103/2020 DATED 23/06/2020 READ WITH CLAUSE 4.1 OF CHAPTER XI OF SEBI CIRCULAR SEBI/HO/DDHS/P/CIR/2021/613 DATED 10/08/2021 READ WITH REGULATION 8 OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.1,00,000
28-FEB-2023
|
SAT: SAT VIDE ITS ORDER DATED 19/05/2023 DISMISSED THE APPEAL FOR WANT OF PROSECUTION
SAT: SAT VIDE ITS ORDER DATED 14/07/2023 RECALLED ORDER DATED 19/05/2023
|
| 33 |
|
|
BABA ARTS LTD.
(PAN:AACCB5518R)
|
|
|
DELAY IN MAKING DISCLOSURE OF PRICE SENSITIVE INFORMATION (NON APPROVAL OF ISSUANCE OF BONUS SHARES TO SHAREHOLDERS) VIOLATING OF CLAUSE 36(7) OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956
DELAY IN MAKING DISCLOSURE OF PRICE SENSITIVE INFORMATION (NON APPROVAL OF ISSUANCE OF BONUS SHARES TO SHAREHOLDERS) VIOLATING REGULATION 2 (HA) OF (PIT) REGULATIONS 1992 AND CLAUSES 1.1 AND 2.1 OF CODE OF CORPORATE DISCLOSURE PRACTICE FOR PREVENTION OF INSIDER TRADING IN SCHEDULE II TO REGULATION 12(2) OF SEBI (PIT) REGULATIONS, 1992 READ WITH REGULATION 12 OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 2015
DELAY IN MAKING DISCLOSURE OF PRICE SENSITIVE INFORMATION (NON APPROVAL OF ISSUANCE OF BONUS SHARES TO SHAREHOLDERS) VIOLATING REGULATION 103 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015
|
IMPOSED PENALTY RS.3,00,000
07-AUG-2017
|
|
| 34 |
|
|
BAJAJ HINDUSTHAN SUGAR LTD.
|
|
|
DID NOT MAKE DISCLOSURE OF MATERIAL EVENT/INFORMATION TO STOCK EXCHANGES VIOLATING REGULATION 4(1)(C) OF SEBI (LODR) REGULATIONS, 2015
DID NOT MAKE DISCLOSURE OF MATERIAL EVENT/INFORMATION TO STOCK EXCHANGES VIOLATING REGULATIONS 30(3) AND 30(4) READ WITH CLAUSES 2 & 8 OF PARA B OF PART A
OF SCHEDULE III OF SEBI (LODR) REGULATIONS, 2015
REPORTED MISLEADING INFORMATIONIN BUSINESS RESPONSIBILITY REPORT VIOLATING REGULATION 34(2)(F) OF SEBI (LODR) REGULATIONS, 2015 READ WITH CIRCULAR REF.NO.CIR/CFD/CMD/10/2015 DATED 04/11/2015
|
IMPOSED PENALTY RS.10,00,000
08-JUL-2022
|
SAT: SAT VIDE ITS ORDER DATED 12/02/2024 ALLOWED APPELLANT TO WITHDRAW WITH LIBERTY TO FILE FRESH APPEAL
|
| 35 |
|
|
BALASORE ALLOYS LTD.
(PAN:AAACI3967P)
|
|
|
|
ANIL KUMAR SUREKHA
PAN:AJGPS8652M
|
|
|
RAJENDRA KUMAR PARAKH
PAN:AEJPP0728B
|
|
MISREPRESENTED REPAYMENT OF “LONG-TERM BORROWINGS” TO SRI MAHALAXMI SOLAR ENERGY PVT.LTD. & JALTARANG VANIJYA PVT.LTD. AND RECEIPT OF “LOANS & ADVANCES” GIVEN TO UTTAM GALVA METALLICS LTD. VIOLATING SECTION 12A(A) OF SEBI ACT, 1992 READ WITH REGULATIONS 4(1), 4(2)(E), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF BALASORE ALLOYS LTD.
MISREPRESENTED BOGUS PURCHASES IN NAME OF CRACKERS INDIA ALLOYS LTD. VIOLATING SECTION 12A OF SEBI ACT, 1992 READ WITH REGULATIONS 4(1), 4(2)(E), 4(2)(F), 4(2)(K), AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF BALASORE ALLOYS LTD.
MISREPRESENTED REPAYMENT OF “LONG-TERM BORROWINGS” TO SRI MAHALAXMI SOLAR ENERGY PVT.LTD. & JALTARANG VANIJYA PVT.LTD. AND RECEIPT OF “LOANS & ADVANCES” GIVEN TO UTTAM GALVA METALLICS LTD. VIOLATING REGULATIONS 4(1)(A) TO 4(1)(C), 4(1)(E), 4(1)(G), 4(2)(E), 33(1)(A), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH CLAUSE 49(I)(C) OF LISTING AGREEMENT DATED 17/04/2014 READ WITH REGULATION 103 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BALASORE ALLOYS LTD.
MISREPRESENTED BOGUS PURCHASES IN NAME OF CRACKERS INDIA ALLOYS LTD. VIOLATING REGULATIONS 4(1)(A), 4(1)(B), 4(1)(C), 4(1)(E), 4(1)(G), 4(2)(E), 33(1)(A), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH CLAUSE 49(I)(C) OF LISTING AGREEMENT DATED 17/04/2014 READ WITH REGULATION 103 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BALASORE ALLOYS LTD.
MISREPRESENTED REPAYMENT OF “LONG-TERM BORROWINGS” TO SRI MAHALAXMI SOLAR ENERGY PVT.LTD. & JALTARANG VANIJYA PVT.LTD.AND RECEIPT OF “LOANS & ADVANCES” GIVEN TO UTTAM GALVA METALLICS LTD. VIOLATING SECTION 21 OF SCRA, 1956 AND SECTION 27(1) OF SEBI ACT, 1992 IN MATTER OF BALASORE ALLOYS LTD.
MISREPRESENTED BOGUS PURCHASES IN NAME OF CRACKERS INDIA ALLOYS LTD. VIOLATING SECTION 21 OF SCRA, 1956 AND SECTION 27(1) OF SEBI ACT, 1992 IN MATTER OF BALASORE ALLOYS LTD.
|
IMPOSED PENALTY RS.10,00,000
18-AUG-2023
|
SAT: SAT VIDE ITS ORDER DATED 23/11/2023 RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILE WITHIN THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 25/01/2024 DISMISSED THE APPEAL FOR STAY AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
|
| 36 |
|
|
BEACON TRUSTEESHIP LTD.
(PAN:AAGCB5444C)
|
|
|
DID NOT TAKE PRIOR APPROVAL FROM STOCK EXCHANGES IN RESPECT OF RESTRUCTURING OF NCDS VIOLATING REGULATION 59(1) OF SEBI (LODR) REGULATIONS, 2015
DID NOT EXERCISE DUE DILIGENCE WITH RESPECT TO RESTRUCTURING OF NCDS OF AZEEM INFINITE DWELLING INDIAPVT.LTD. VIOLATING REGULATION 59 OF SEBI (LODR) REGULATIONS, 2015
DID NOT INFORM CREDIT RATING AGENCY ABOUT DEFAULT IN INTEREST PAYMENT DUE
DID NOT INTIMATE SEBI ABOUT INFORMATION ON NON-RECEIPT/DISCLOSURE OF INFORMATION ON PAYMENT
|
IMPOSED PENALTY RS.3,00,000
27-MAR-2024
|
|
| 37 |
|
|
BEST HEALTH MANAGEMENT PVT.LTD.
(PAN:AACCB3144P)
|
|
|
INDULGED IN DIVERSION OF FUNDS OF RS.2315.09 CRORES (APPROX.) FROM RELIGARE FINVEST LTD. TO PROMOTERS AND THEIR RELATED ENTITIES VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D) & 4(1), 4(2)(F) AND 4(2) (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RELIGARE ENTERPRISES LTD.
DID NOT MAKE DISCLOSURE OF FUNDS ROUTED BY RELIGARE FINVEST LTD. THROUGH UNRELATED ENTITIES TO PROMOTERS AND PROMOTERS GROUP ENTITIES VIOLATING CLAUSE 32 OF LISTING AGREEMENT IN MATTER OF RELIGARE ENTERPRISES LTD.
MISREPRESENTATED FINANCIAL POSITION BY ROLLING OVER THE LOANS VIOLATING REGULATIONS 4(1)(B), (C), 30(1) AND 51(1) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 IN MATTER OF RELIGARE ENTERPRISES LTD.
|
DIRECTED NOT TO DIVERT ANY FUNDS EXCEPT TO MEET EXPENSES OF DAY-TO-DAY BUSINESS OPERATIONS WITHOUT PRIOR PERMISSION OF SEBI
14-MAR-2019
|
SEBI VIDE ITS ORDER DATED 11/09/2019 DIRECTED NOT TO DISPOSED OFF OR ALIENATE ANY OF THEIR ASSETS OR DIVERT ANY FUNDS, EXCEPT TO MEET EXPENSES OF DAY-TO-DAY BUSINESS OPERATIONS WITHOUT PRIOR PERMISSION OF SEBI TILL COMPLETION OF INVESTIGATION AND FURTHER ORDERS
SEBI VIDE ITS ORDER DATED 12/11/2020 REVOKED ITS DIRECTIONS ISSUED VIDE INTERIM ORDER DATED 14/03/2019 READ WITH CORRIGENDUM ORDER DATED 18/04/2019
|
| 38 |
|
|
BF INVESTMENT LTD.
(PAN:AADCB7682H)
|
|
|
ALLEGED INCORRECT DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO STOCK EXCHANGES VIOLATING CLAUSE 35 OF ERSTWHILE LISTING AGREEMENT AND REGULATION 31(4) OF SEBI (LODR) REGULATIONS, 2015 AND SEBI CIRCULAR NO.CIR/CFD/CMD/13/2015 DATED 30/11/2015
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.6,39,200 VIDE CONSENT ORDER)
21-OCT-2022
|
|
| 39 |
|
|
BF UTILITIES LTD.
(PAN:AABCB7711M)
|
|
|
ALLEGED FAILURE IN MAKING DISCLOSURE OF NAMES OF PROMOTER GROUP ENTITIES IN SHAREHOLDING/CHANGES IN SHAREHOLDING TO STOCK EXCHANGES AS REQUIRED UNDER REGULATIONS 31(4) READ WITH 31(1) OF SEBI (LODR) REGULATIONS, 2015
ALLEGED FAILURE IN MAKING DISCLOSURE OF NAMES OF PROMOTER GROUP ENTITIES IN SHAREHOLDING/CHANGES IN SHAREHOLDING TO STOCK EXCHANGES VIOLATING CLAUSE 35 OF ERSTWHILE LISTING AGREEMENT
ALLEGED VIOLATION OF VARIOUS SEBI CIRCULARS/ORDERS
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REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.9,27,010 VIDE CONSENT ORDER)
24-JAN-2023
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BGR ENERGY SYSTEMS LTD.
(CIN:L40106AP1985PLC005318
PAN:AABCG2202J)
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DID NOT MAKE DISCLOSURE OF FINANCIAL STATEMENTS OF TWO SUBSIDIARIES ON WEBSITE
DID NOT MAKE DISCLOSURE OF IMPACT OF TERMINATION OF CONTRACTS
DELAY IN MAKING DISCLOSURE OF FILING OF APPLICATION FOR INITIATION OF CORPORATE INSOLVENCY RESOLUTION PROCESS (CIRP)
DID NOT MAKE DISCLOSURE OF FILING OF APPLICATION OF CIRP BY PREMIUM TRANSMISSION PVT.LTD.
DID NOT INTIMATE CHANGE IN DIRECTORS WITHIN TWENTY-FOUR HOURS
DELAY IN MAKING DISCLOSURE OF MATERIAL UPDATE ON RECEIPT OF FUNDS AFTER CONCILIATION PROCEEDINGS
DELAY IN MAKING DISCLOSURE OF REPAYMENT OF LOAN
DID NOT FILE QUARTERLY DISCLOSURE FOR DEFAULT IN REPAYMENT OF LOAN
DELAY IN FILING OF QUARTERLY DISCLOSURE FOR DEFAULT IN REPAYMENT OF LOAN
DID NOT TAKE PRIOR APPROVAL OF AUDIT COMMITTEE AND SHAREHOLDERS FOR MATERIAL RELATED PARTY TRANSACTION (RPT)
DID NOT APPOINT INDEPENDENT DIRECTORS ON THE BOARD OF MATERIAL UNLISTED SUBSIDIARIES
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IMPOSED PENALTY RS.9,00,000
24-SEP-2024
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| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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