| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 21 |
|
GAMMON INDIA LTD.
|
|
|
|
ABHIJIT RAJAN
PAN:AAEPR0342J
|
|
UTILIZED FUNDS OF GAMMON INDIA LTD. FOR SUBSCRIPTION TO THE RIGHTS ISSUE
ALLOTTED MORE SHARES THAN APPLICANTS WERE ENTITLED FOR
|
DIRECTED NOT TO DIVEST, TRANSFER, SELL OR ALIENATE THE SHAREHOLDING IN GAMMON INFRASTRUCTURES PROJECTS LTD.FOR A PERIOD OF 3 YEARS
21-DEC-2006
|
SAT: APPEAL DISMISSED
|
| 22 |
|
|
GAMMON INDIA LTD.
|
|
|
|
ABHIJIT RAJAN
PAN:AAEPR0342J
|
|
UTILIZED FUNDS OF GAMMON INDIA LTD. FOR SUBSCRIPTION TO THE RIGHTS ISSUE
ALLOTTED MORE SHARES THAN APPLICANTS WERE ENTITLED FOR
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 21-DEC-2006 TO 20-DEC-2007
21-DEC-2006
|
|
| 23 |
|
|
HARIYANA SHIP-BREAKERS LTD.
|
|
|
|
RAJEEV RENIWAL
|
|
|
SHANTISARUP RENIWAL
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPO OF NISSAN COPPER LTD.
INDULGED IN PRICE MANIPULATION IN SCRIP OF NISSAN COPPER LTD.
|
BOMBAY STOCK EXCHANGE & NATIONAL STOCK EXCHANGE DIRECTED/ORDERED TO HOLD THE PROFIT AND GAINS IN A SEPARATE ESCROW ACCOUNT
17-JAN-2007
SETTLEMENT ( SETTLEMENT CHARGES RS.9,52,90,138, INTEREST RS.1,56,56,113 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
14-AUG-2008~
|
INTERIM EX-PARTE ORDER DATED 17/01/2007 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.9,52,90,137.90 AS SETTLEMENT CHARGES ALONGWITH INTEREST ACCRUED THEREON JOINTLY WITH RAJEEV RENIWAL, SANJEEV RENIWAL (HUF), SHANTI SARUP RENIWAL, SHANTI SARUP RENIWAL (HUF) AND INDUCTO STEELS LTD. AS PER CONSENT ORDER DATED 14/08/2008
|
| 24 |
|
|
INDUCTO STEELS LTD.
|
|
|
|
SHANTISARUP RENIWAL
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPO OF NISSAN COPPER LTD.
INDULGED IN PRICE MANIPULATION IN SCRIP OF NISSAN COPPER LTD.
|
BOMBAY STOCK EXCHANGE & NATIONAL STOCK EXCHANGE DIRECTED/ORDERED TO HOLD THE PROFIT AND GAINS IN A SEPARATE ESCROW ACCOUNT
17-JAN-2007
SETTLEMENT ( SETTLEMENT CHARGES RS.9,52,90,138, INTEREST RS.1,56,56,113 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
14-AUG-2008~
|
INTERIM EX-PARTE ORDER DATED 17/01/2007 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.9,52,90,137.90 AS SETTLEMENT CHARGES ALONGWITH INTEREST ACCRUED THEREON JOINTLY WITH RAJEEV RENIWAL, SANJEEV RENIWAL (HUF), HARIYANA SHIP BREAKERS LTD., SHANTI SARUP RENIWAL AND SHANTI SARUP RENIWAL (HUF) AS PER CONSENT ORDER DATED 14/08/2008
|
| 25 |
|
|
ITF MAURITIUS
|
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPO OF NISSAN COPPER LTD.
INDULGED IN PRICE MANIPULATION IN SCRIP OF NISSAN COPPER LTD.
|
BOMBAY STOCK EXCHANGE & NATIONAL STOCK EXCHANGE DIRECTED/ORDERED TO HOLD THE PROFIT AND GAINS IN A SEPARATE ESCROW ACCOUNT
17-JAN-2007
SETTLEMENT ( SETTLEMENT CHARGES RS.2,35,58,674 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
14-AUG-2008~
|
INTERIM EX-PARTE ORDER DATED 17/01/2007 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.2,35,58,673.55 AS SETTLEMENT CHARGES ALONGWITH INTEREST ACCRUED THEREON JOINTLY WITH VENUS CAPITAL MANAGEMENT,INC. AND VACUF LTD. AS PER CONSENT ORDER DATED 14/08/2008
|
| 26 |
|
|
J G BHANSALI (HUF)
|
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPO OF NISSAN COPPER LTD.
INDULGED IN PRICE MANIPULATION IN SCRIP OF NISSAN COPPER LTD.
|
BOMBAY STOCK EXCHANGE & NATIONAL STOCK EXCHANGE DIRECTED/ORDERED TO HOLD THE PROFIT AND GAINS IN A SEPARATE ESCROW ACCOUNT
17-JAN-2007
|
|
| 27 |
|
|
JAYESH P.KHANDWALA (HUF)
(PAN:AAAHJ4784N)
|
|
|
FACILITATED IN MANIPULATING IPOS OF VARIOUS COMPANIES BY PROVIDING FUNDS TO PURCHASE SHARES MEANT FOR RETAIL APPLICANTS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 26-OCT-2010 TO 25-JAN-2011
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 26-OCT-2010 TO 25-JAN-2011
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 26-OCT-2010 TO 25-JAN-2011
27-APR-2006
D TO DISGORGE RS.5,25,46,855 ALONG WITH OTHER ENTITIES/PERSONS
26-OCT-2010~
|
DIRECTED 1.NOT TO BUY,SELL OR DEAL IN SECURITIES MARKET IN ANY MANNER WHATSOEVER OR ACCESS SECURITIES MARKET, DIRECTLY OR INDIRECTLY FOR A PERIOD OF THREE MONTHS FROM DATE OF THIS ORDER 2.DISGORGE RS.5,25,46,855 (UNLAWFUL GAIN RS.4,04,20, 658 ALONGWITH INTERST @6% RS.1,21,26,197) WITHIN 45 DAYS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 03/04/2012 SET ASIDE IMPUGNED ORDER DATED 26/10/2010 AND REMANDED THE MATTER TO SEBI FOR HOLDING FRESH PROCEEDINGS WITH NO ORDER AS TO COSTS
|
| 28 |
|
|
JAYESH P.KHANDWALA (HUF)
(PAN:AAAHJ4784N)
|
|
|
ALLEGED INDULGENCE IN CORNERING OF EQUITY SHARES RESERVED FOR RETAIL INVESTORS IN IPOS OF IDFC LTD., SASKEN COMMUNICATIONS LTD. AND SUZLON ENERGY LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.98,37,035, DISGORGEMENT AMOUNT RS.1,32,54,527 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
13-NOV-2019
|
|
| 29 |
|
|
JAYESH VIRCHANDBHAI SHAH (HUF)
(PAN:AAFHJ7084J)
|
|
|
|
MUKESH CHANDRESHBHAI BIJAVA
PAN:AUMPB7059C
|
|
INDULGED IN PROVIDING FUNDS TO OTHERS ENTITIES/PERSONS FOR CORNERING OF SHARES RESERVED FOR RETAIL INVESTORS IN IPOS OF L&T FINANCE HOLDINGS LTD., TREE HOUSE EDUCATION LTD. AND FUTURE VENTURES INDIA LTD.
|
IMPOSED PENALTY RS.20,00,000 ALONG WITH OTHER ENTITIES/PERSONS
31-AUG-2020
|
SAT: SAT VIDE ITS ORDER DATED 19/07/2021 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY TO RS.20 LAC FROM RS.35 LAC
SAT: SAT VIDE ITS ORDER DATED 05/10/2021 REJECTED MODIFICATION APPLICATION
|
| 30 |
|
|
KR BHANSALI (HUF)
|
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPO OF NISSAN COPPER LTD.
INDULGED IN PRICE MANIPULATION IN SCRIP OF NISSAN COPPER LTD.
|
BOMBAY STOCK EXCHANGE & NATIONAL STOCK EXCHANGE DIRECTED/ORDERED TO HOLD THE PROFIT AND GAINS IN A SEPARATE ESCROW ACCOUNT
17-JAN-2007
|
|
| 31 |
|
|
L.L.PHULWANI (HUF)
|
|
|
FACILITATED IN MANIPULATING IPOS OF VARIOUS COMPANIES BY PROVIDING FUNDS TO PURCHASE SHARES MEANT FOR RETAIL APPLICANTS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2006 TILL FURTHER ORDERS
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 27-APR-2006 TILL FURTHER ORDERS
27-APR-2006
SETTLEMENT ( SETTLEMENT CHARGES RS.4,000, DISGORGEMENT AMOUNT (PAYABLE TO INVESTORS) RS.24,000 VIDE CONSENT ORDER)
22-JUL-2008~
|
ORDER DATED 27/04/2006 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.4000 AGAINST SETTLEMENT CHARGES AND RS.24000 AGAINST AMOUNT DISGORGED AS PER CONSENT ORDER DATED 22/07/2008
|
| 32 |
|
|
MAFATLAL KALIDAS BHANSALI (HUF)
|
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPO OF NISSAN COPPER LTD.
INDULGED IN PRICE MANIPULATION IN SCRIP OF NISSAN COPPER LTD.
|
BOMBAY STOCK EXCHANGE & NATIONAL STOCK EXCHANGE DIRECTED/ORDERED TO HOLD THE PROFIT AND GAINS IN A SEPARATE ESCROW ACCOUNT
17-JAN-2007
|
RESTRAINED FROM BUYING, SELLING OR DEALING IN SECURITIES IN WHATSOVER MANNER, DIRECTLY OR INDIRECTLY FOR A PERIOD OF 3 YEARS FROM THE DATE OF THIS ORDER I.E.31/12/2008
SAT: APPEAL DISMISSED WITH COSTS OF RS.50,000
|
| 33 |
|
|
MANBA BROKING SERVICES PVT.LTD.
(PAN:AAECM5981D)
|
|
|
MADE BIDS WITHOUT HAVING SUFFICIENT FUNDS, MADE FIRST BID ON OPENING DAY OF IPO FOR HUGE NUMBER OF SHARES , DID NOT BANK BIDS APPLICATIONS, CHEQUE RETURNED ETC. IN MATTER OF IPO OF VASWANI INDUSTRIES LTD.
|
IMPOSED PENALTY RS.50,00,000
25-APR-2014
|
SAT: SAT VIDE ITS ORDER DATED 04/10/2016 SET ASIDED IMPUGNED ORDER DATED 25/04/2014 AND RESTORED THE MATTER TO FILE OF AO OF SEBI TO PASS FRESH ORDER ON MERITS AND IN ACCORDANCE WITH LAW. APPELLANTS DIRECTED TO SUBMIT TO SEBI FRESH STATEMENT OF ACCOUNTS FOR THE RELEVANT PERIOD. NO COSTS
SEBI VIDE ITS ORDER DATED 25/02/2022 DISPOSED OFF THE ADJUDICATION PROCEEDINGS INITIATED VIDE SCN DATED 21/03/2013 AS THE ALLEGATIONS AGAINST THE NOTICE DID NOT ESTABLISH
|
| 34 |
|
|
MANBA INVESTMENTS & SECURITIES PVT.LTD.
(PAN:AACCM4718N)
|
|
|
MADE BIDS WITHOUT HAVING SUFFICIENT FUNDS, MADE FIRST BID ON OPENING DAY OF IPO FOR HUGE NUMBER OF SHARES , DID NOT BANK BIDS APPLICATIONS, CHEQUE RETURNED ETC. IN MATTER OF IPO OF VASWANI INDUSTRIES LTD.
|
IMPOSED PENALTY RS.50,00,000
25-APR-2014
|
SAT: SAT VIDE ITS ORDER DATED 04/10/2016 SET ASIDED IMPUGNED ORDER DATED 25/04/2014 AND RESTORED THE MATTER TO FILE OF AO OF SEBI TO PASS FRESH ORDER ON MERITS AND IN ACCORDANCE WITH LAW. APPELLANTS DIRECTED TO SUBMIT TO SEBI FRESH STATEMENT OF ACCOUNTS FOR THE RELEVANT PERIOD. NO COSTS
SEBI VIDE ITS ORDER DATED 25/02/2022 DISPOSED OFF THE ADJUDICATION PROCEEDINGS INITIATED VIDE SCN DATED 21/03/2013 AS THE ALLEGATIONS AGAINST THE NOTICE DID NOT ESTABLISH
|
| 35 |
|
|
MASAT TEXTURISING & TWISTING PVT.LTD.
|
|
|
FACILITATED IN MANIPULATING IPOS OF VARIOUS COMPANIES BY PROVIDING FUNDS TO PURCHASE SHARES MEANT FOR RETAIL APPLICANTS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2006 TILL FURTHER ORDERS
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 27-APR-2006 TILL FURTHER ORDERS
27-APR-2006
SETTLEMENT ( SETTLEMENT CHARGES RS.17,52,201, DISGORGEMENT AMOUNT (PAYABLE TO INVESTORS) RS.58,40,671 VIDE CONSENT ORDER)
03-DEC-2009~
|
SAT: CONFIRMED AD INTERIM EX-PARTE ORDER DATED 27/04/2006 WHICH SHALL CONTINUE TILL DISPOSAL OF SHOW CAUSE NOTICE DATED 07/01/2009
APPLICANT AGREED TO PAY RS.58,40,671 TOWARDS DISGORGEMENT (PAYABLE TO INVESTORS) AND RS.17,52,201 TOWARDS SETTLEMENT CHARGES, AS PER CONSENT ORDER DATE 03/12/2009
|
| 36 |
|
|
NETANAND SURAJRAM BHAMBU (HUF)
|
|
|
FACILITATED IN MANIPULATING IPOS OF VARIOUS COMPANIES BY PROVIDING FUNDS TO PURCHASE SHARES MEANT FOR RETAIL APPLICANTS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2006 TILL FURTHER ORDERS
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 27-APR-2006 TILL FURTHER ORDERS
IMPOSED PENALTY RS.5,50,000
27-APR-2006
D TO DISGORGE RS.1,97,261
07-MAY-2009~
|
AD INTERIM EX-PARTE ORDER DATED 27/04/2006 DISPOSED OFF AND DIRECTED TO BE RESTRAINED FROM BUYING, SELLING OR DEALING IN SECURITIES MARKET IN ANY MANNER WHATSOEVER OR ACCESSING SECURITIES MARKET, DIRECTLY OR INDIRECTLY FOR A PERIOD OF 1 YEAR FROM DATE OF ORDER I.E. 07/05/2009 AND DISGORGE UNLAWFUL GAIN OF RS.78900.00 ALONGWITH INTEREST @10% FROM DATE OF LISTING OF IPO OF NANDAN EXIM LTD.
PENALTY IMPOSED RS.5,50,000 VIDE ORDER DATED 30/09/2009
|
| 37 |
|
|
NIKHITA ESTATE DEVELOPERS PVT.LTD.
(PAN:AABCN6484D)
|
|
|
UTILIZED FUNDS OF GAMMON INDIA LTD. FOR SUBSCRIPTION TO THE RIGHTS ISSUE
ALLOTTED MORE SHARES THAN APPLICANTS WERE ENTITLED FOR
|
DIRECTED NOT TO DIVEST, TRANSFER, SELL OR ALIENATE THE SHAREHOLDING IN GAMMON INFRASTRUCTURES PROJECTS LTD.FOR A PERIOD OF 3 YEARS
21-DEC-2006
|
SAT: APPEAL DISMISSED
|
| 38 |
|
|
NIKHITA ESTATE DEVELOPERS PVT.LTD.
(PAN:AABCN6484D)
|
|
|
UTILIZED FUNDS OF GAMMON INDIA LTD. FOR SUBSCRIPTION TO THE RIGHTS ISSUE
ALLOTTED MORE SHARES THAN APPLICANTS WERE ENTITLED FOR
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 21-DEC-2006 TO 20-DEC-2007
21-DEC-2006
|
|
| 39 |
|
|
NISSAN COPPER LTD.
(CIN:L36939DN1989PLC000377
PAN:AABCN0105B)
(Along with : DANIAL INVESTMENT PVT.LTD.)
|
|
|
|
ATUL KUMAR SHANTILAL MARDIA
DIN:00788465
PAN:ADYPM7131K
|
|
|
BELA SANJAY MARDIA
|
|
|
RATANLAL SHANTILAL MARDIA
DIN:00239175
PAN:AJTPM2056N
|
|
|
SANJAY SHANTILAL MARADIA
DIN:00097403
|
|
|
SHANTILAL MARDIA
|
|
|
SUNITA RATAN MARDIA
|
|
ALLEGED INDULGENCE IN ARRANGING SUBSCRIPTION IN IPO OF NISSAN COPPER LTD.THROUGH MACHINATIONS OF SUBSCRIBERS IN QIB SEGMANT AND THEIR FINAL BUYERS AFTER LISTING OF SCRIP
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.10,00,000, ADMINISTRATION CHARGES RS.1,00,000 VIDE CONSENT ORDER)
24-APR-2009
|
|
| 40 |
|
|
OPEE STOCK LINK LTD.
(PAN:AAACO4774G)
|
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPOS OF VARIOUS COMPANIES
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2006 TILL FURTHER ORDERS
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 27-APR-2006 TILL FURTHER ORDERS
IMPOSED PENALTY RS.25,00,000
27-APR-2006
D TO DISGORGE RS.12,02,302
31-DEC-2008~
|
CONFIRMED INTERIM ORDER DATED APR. 27,2006
SAT: APPEAL DISPOSED OFF, WITH DIRECTION TO SEBI TO COMPLETE ENQUIRIES BEFORE 31/10/2008.ADJUDICATION PROCEEDINGS SHOULD ALSO BE DISPOSED OF BEFORE END OF OCTOBER THIS YEAR
|
| 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 2 of 5
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