| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 21 |
|
PRO FIN CAPITAL SERVICES LTD.
(PAN:AAACP0251F)
|
|
|
DID NOT OBTAIN IN-PRINCIPAL APPROVAL FROM STOCK EXCHANGES FOR ISSUE OF CONVERTIBLE WARRANTS VIOLATING REGULATION 28(1) OF SEBI (LODR) REGULATIONS, 2015
ALLOTTED CONVERTIBLE WARRANTS @RS.31.00 LESS THAN THE MINIMUM ISSUE PRICE OF RS.32.74 VIOLATING REGULATION 164(1) OF SEBI (ICDR) REGULATIONS, 2018
|
IMPOSED PENALTY RS.3,00,000
31-MAY-2024
|
SEBI VIDE ITS NOTICE DATED 27/08/2024 DIRECTED TO PAY RS.3,10,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 16/09/2024 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
|
| 22 |
|
|
QUADRANT FUTURE TEK LTD.
(CIN:U74999PB2015PLC039758
PAN:AAACQ3957B)
|
|
|
|
MOHAN KRISHNAN ABROL
PAN:AAKPA3143N
|
|
|
VIVEK ABROL
DIN:01381395
PAN:AAKPA3146K
|
|
ALLEGED DELAY IN MAKING DISCLOSURE OF TRANSFER OF SHARES TO STOCK EXCHANGES AS REQUIRED UNDER REGULATION 54 OF SEBI (ICDR) REGULATIONS, 2018
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.3,00,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
01-APR-2025
|
|
| 23 |
|
|
RAGA ORGANICS PVT.LTD.
(PAN:AAACM7836M)
|
|
|
INDULGED IN ISSUANCE OF WARRANTS/SHARES ON BASIS OF PREFERENTIAL ALLOTMENT WITHOUT RECEIPT OF CONSIDERATION VIOLATING SECTION 12A (A) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF MANGALAM DRUGS & ORGANICS LTD.
INDULGED IN ISSUANCE OF WARRANTS/SHARES ON BASIS OF PREFERENTIAL ALLOTMENT WITHOUT RECEIPT OF CONSIDERATION VIOLATING REGULATIONS 77(2) AND 77(3) OF SEBI (ICDR) REGULATIONS, 2009 READ WITH REGULATION 169(2) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF MANGALAM DRUGS & ORGANICS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-SEP-2020
IMPOSED PENALTY RS.5,00,000
22-SEP-2020
|
SAT: SAT VIDE ITS ORDER DATED 10/12/2020 DIRECTED RESPONDENT THREE WEEKS TIME TO FILE REPLY AND APPELLANT TO FILE REJOINDER TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 27/06/2022 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 22/09/2020
|
| 24 |
|
|
RESURGERE MINES & MINERALS INDIA LTD.
(CIN:L74140MH1987PLC172412
PAN:AAACE0111B)
|
|
|
|
HARISH KHETAN
PAN:AAHPK3325R
|
|
INDULGED IN SIPHONING OFF IPO PROCEEDS AND MADE WRONG AND MISLEADING DISCLOSURE IN IPO PROSPECTUS VIOLATING OF SECTIONS 12(A) TO (C) READ WITH REGULATIONS 3(A) TO 3(D), 4(1), 42(2)(A), (B), (F), (K) AND (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RESURGER MINES & MINERALS INDIA LTD.
INDULGED IN SIPHONING OFF IPO PROCEEDS AND MADE WRONG AND MISLEADING DISCLOSURE IN IPO PROSPECTUS VIOLATING SEBI DIP DIRECTIVES/INSTRUCTIONS/GUIDELINES READ WITH SEBI (ICDR) REGULATIONS, 2009 READ WITH REGULATION 301(2) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF RESURGER MINES & MINERALS INDIA LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 25-SEP-2020 TO 24-MAR-2021
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 25-SEP-2020 TO 24-MAR-2021
RESTRAINED AND FURTHER PROHIBITED FROM HOLDING AND OCCUPYING ANY MANAGERIAL POST OR BEING ASSOCIATED DIRECTLY OR INDIRECTLY WITH ANY LISTED PUBLIC COMPANY AND/OR ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC OR ANY INTERMEDIARY REGISTERED WITH SEBI FROM 25-SEP-2020 TO 24-MAR-2021
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
25-SEP-2020
|
|
| 25 |
|
|
RESURGERE MINES & MINERALS INDIA LTD.
(CIN:L74140MH1987PLC172412
PAN:AAACE0111B)
|
|
|
|
AMIT SHARMA
PAN:AVRPS2826C
|
|
|
SUBHASH ATMARAM SHARMA
PAN:AXCPS8189D
|
|
INDULGED IN SIPHONING OFF IPO PROCEEDS AND MADE WRONG AND MISLEADING DISCLOSURE IN IPO PROSPECTUS VIOLATING OF SECTIONS 12(A) TO (C) READ WITH REGULATIONS 3(A) TO 3(D), 4(1), 42(2)(A), (B), (F), (K) AND (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RESURGER MINES & MINERALS INDIA LTD.
INDULGED IN SIPHONING OFF IPO PROCEEDS AND MADE WRONG AND MISLEADING DISCLOSURE IN IPO PROSPECTUS VIOLATING SEBI DIP DIRECTIVES/INSTRUCTIONS/GUIDELINES READ WITH SEBI (ICDR) REGULATIONS, 2009 READ WITH REGULATION 301(2) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF RESURGER MINES & MINERALS INDIA LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 25-SEP-2020 TO 24-SEP-2023
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 25-SEP-2020 TO 24-SEP-2023
PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 25-SEP-2020 TO 24-SEP-2023
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
25-SEP-2020
|
|
| 26 |
|
|
RIDDHI CORPORATE SERVICES LTD.
(PAN:AAECR9789A)
|
|
|
DELAY IN FILING OF APPLICATION FOR IN-PRINCIPAL APPROVAL WITH RESPECT TO PREFERENTIAL ISSUE OF EQUITY SHARES AND/OR WARRANTS TO STOCK EXCHANGES VIOLATING REGULATION 160(F) OF SEBI (ICDR) REGULATIONS, 2018
|
IMPOSED PENALTY RS.2,00,000
23-AUG-2023
|
|
| 27 |
|
|
RMC SWITCH GEARS LTD.
(PAN:AAACR6750K)
|
|
|
ALLEGED DELAY IN FILING APPLICATION FOR IN-PRINCIPLE APPROVAL FROM STOCK EXCHANGES FOR ALLOTMENT OF PREFERENTIAL EQUITY SHARES ON A PRIVATE PLACEMENT BASIS VIOLATING REGULATION 160(F) OF SEBI (ICDR) REGULATIONS, 2018
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.5,25,000 VIDE CONSENT ORDER)
15-SEP-2023
|
|
| 28 |
|
|
SBL INFRATECH LTD.
(PAN:AAWCS1619N)
|
|
|
MADE INCORRECT AND MISLEADING DISCLOSURES IN PROSPECTUS REGARDING BUSINESS PROFILE AND ACHIEVEMENTS OF COMPANY VIOLATING REGULATION 245(1) OF SEBI (ICDR) REGULATIONS, 2018
DID NOT SUBMIT STATEMENT OF DEVIATION IN UTILIZATION OF IPO PROCEEDS TO STOCK EXCHANGES VIOLATING REGULATION 32 OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.5,00,000
16-MAY-2025
|
|
| 29 |
|
|
SHANTILAL K.PATEL (HUF)
(PAN:AANHS7653G)
|
|
|
MOBILIZED RS.29.84 CRORE THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 284 INVESTORS VIOLATING SECTIONS 56(1), 56(3), 60 AND 73 OF THE COMPANIES ACT, 1956 IN MATTER OF AAKRUTI NIRMITI LTD.
MOBILIZED RS.29.84 CRORE THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 284 INVESTORS VIOLATING CLAUSES 2.1.1, 2.1.4, 2.2,4.11, 4.14, 5.3.1, 5.4.1, 5.6.2, 8.8.1, 5.6A AND 6.0 TO 6.15 OF SEBI (DIP) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2000 READ WITH SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF AAKRUTI NIRMITI LTD.
|
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
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM
DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY
DIRECTED TO FILE CERTIFICATE OF COMPLETION OF PROCESS WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 03-MAY-2021 TO 02-NOV-2021
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 03-MAY-2021 TO 02-NOV-2021
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 03-MAY-2021 TO 02-NOV-2021
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
03-MAY-2021
|
SAT: SAT VIDE ITS ORDER DATED 29/09/2021 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 18/11/2021 CONDONED THE DELAY OF 80 DAYS IN FILING OF APPEAL
|
| 30 |
|
|
SHARAT INDUSTRIES LTD.
(PAN:AACCS8215J)
|
|
|
ALLEGED FAILURE TO ALLOT SECURITIES WITHIN FIFTEEN DAYS OF PASSING OF SPECIAL RESOLUTION VIOLATING REGULATION 170(1) OF SEBI (ICDR) REGULATION, 2018
ALLEGED FAILURE IN MAKING DISCLOSURE IN THE EXPLANATORY STATEMENT OF NOTICE OF EXTRAORDINARY GENERAL MEETING DATED 12/11/2021 VIOLATING REGULATION 163(1) OF SEBI (ICDR) REGULATION, 2018
ALLEGED FAILURE IN KEEPING PRE-PREFERENTIAL SHAREHOLDING OF ONE OF THE ALLOTTEES UNDER LOCK-IN VIOLATING REGULATION 167(6) OF SEBI (ICDR) REGULATION, 2018
ALLEGED FAILURE IN MAKING CORRECT DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO STOCK EXCHANGES AS REQUIRED UNDER REGULATION 31(1) OF SEBI (LODR) REGULATIONS, 2015
ALLEGED FAILURE IN APPOINTMENT OF COMPLIANCE OFFICER VIOLATING REGULATION 6 OF SEBI (LODR) REGULATIONS, 2015
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.36,25,000 VIDE CONSENT ORDER)
05-FEB-2024
|
|
| 31 |
|
|
SHRI J B PHARMA LLP
(PAN:ACVFS7536G)
|
|
|
INDULGED IN ISSUANCE OF WARRANTS/SHARES ON BASIS OF PREFERENTIAL ALLOTMENT WITHOUT RECEIPT OF CONSIDERATION VIOLATING SECTION 12A (A) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF MANGALAM DRUGS & ORGANICS LTD.
INDULGED IN ISSUANCE OF WARRANTS/SHARES ON BASIS OF PREFERENTIAL ALLOTMENT WITHOUT RECEIPT OF CONSIDERATION VIOLATING REGULATIONS 77(2) AND 77(3) OF SEBI (ICDR) REGULATIONS, 2009 READ WITH REGULATION 169(2) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF MANGALAM DRUGS & ORGANICS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-SEP-2020
IMPOSED PENALTY RS.6,00,000
22-SEP-2020
|
SAT: SAT VIDE ITS ORDER DATED 10/12/2020 DIRECTED RESPONDENT THREE WEEKS TIME TO FILE REPLY AND APPELLANT TO FILE REJOINDER TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 27/06/2022 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 22/09/2020
|
| 32 |
|
|
TRAFIKSOL ITS TECHNOLOGIES PVT.LTD.
(PAN:AAGCT6473R)
|
|
|
INTENDED DIVERSION OF FUNDS THROUGH MISLEADING OBJECTS OF THE ISSUE
MISSTATED FINANCIAL STATEMENTS DISCLOSED IN THE PROSPECTUS
CONCEALED MATERIAL FACTS IN PROSPECTUS
|
DIRECTED TO REFUND MONEY TO THE INVESTORS
DIRECTED BSE TO OVERSEE REFUND PROCESS TO BE COMPLETED WITHIN ONE WEEK FROM DATE OF ORDER
DIRECTED DEPOSITORIES TO TRANSFER SHARES OF COMPANY ALLOTTED PURSUANT TO IPO TO A SEPARATE DEMAT ACCOUNT OPENED IN NAME OF THE COMPANY
DIRECTED TO TAKE APPROPRIATE STEPS TO CANCEL THE SHARES TRANSFERRED TO THE ACCOUNT MENTIONED BY THE DEPOSITORIES
03-DEC-2024
|
SAT: SAT VIDE ITS ORDER DATED 24/01/2025 DISMISSED THE APPEAL. NO COSTS
|
| 33 |
|
|
TRAFIKSOL ITS TECHNOLOGIES PVT.LTD.
(PAN:AAGCT6473R)
|
|
|
DID NOT SUBMIT COPIES OF AUDITED FINANCIAL STATEMENTS OF THIRD-PARTY VENDOR FOR FY22, FY23 AND FY24 AND NOTED THAT FINANCIALS FOR ALL THREE YEARS WERE SIGNED BY MURMURIA & ASSOCIATES ON SAME DATE 02/09/2024 A WEEK PRIOR TO OPENING OF IPO
AUDITED ACCOUNTS DID NOT HAVE UNIQUE DOCUMENT IDENTIFICATION NUMBER (UDIN) FOR AUDIT FINANCIALS, MANDATORY AS PER ICAI FOR FINANCIAL DOCUMENTS/CERTIFICATES ATTESTED BY PRACTICING CHARTERED ACCOUNTANTS
OBTAINED GST REGISTRATION CERTIFICATE OF THIRD PARTY VENDOR ONLY ON 05/01/2024 WHILE AS PER GST TAXPAYER DETAILS AVAILABLE ON GST WEBSITE, NATURE OF BUSINESS OF SAID ENTITY WAS TRADE-RETAILER/ RETAIL BUSINESS
SITE VISIT INSPECTION FOR THE THIRD-PARTY VENDOR WAS CARRIED OUT BY STOCK EXCHANGE AND FOUND THAT THE OFFICE WAS CLOSED AND THERE WAS NO ONE AVAILABLE AT THE SAID ADDRESS
|
DIRECTED SEBI TO MAKE DETAILED EXAMINATION INTO THE DISCLOSURES MADE BY TRAFIKSOL ITS TECHNOLOGIES LTD. IN DRHP FILED WITH BSE ON 30/05/2024 INCLUDING THE ISSUES IDENTIFIED IN THIS ORDER
DIRECTED BSE TO NOT TO PROCEED WITH LISTING OF SHARES OF THE COMPANY
DIRECTED BSE TO TAKE APPROPRIATE STEPS TO ENSURE THAT PROCEEDS FROM IPO OF TRAFIKSOL ITS TECHNOLOGIES LTD. ARE PLACED IN INTEREST-BEARING ESCROW ACCOUNT AND NO ACCESS TO THESE FUNDS TO BE GRANTED TO TRAFIKSOL ITS TECHNOLOGIES LTD. OR ITS AFFILIATES
DIRECTED SEBI TO COMPLETE THE INVESTIGATION WITHIN THIRTY DAYS FROM THE DATE OF THIS ORDER
DIRECTED TRAFIKSOL ITS TECHNOLOGIES LTD. AND EKADRISHT CAPITAL PVT.LTD. TO FULLY COOPERATE WITH EXAMINATION TO BE CONDUCTED BY SEBI
11-OCT-2024
|
SAT: SAT VIDE ITS ORDER DATED 06/12/2024 ALLOWED EXEMPTION APPLICATION AND DIRECTED RESPONDENT NO 2 TO CONVEY ICICI BANK THAT NO DISBURSEMENT TO BE MADE TO INVESTORS TILL FURTHER ORDERS
|
| 34 |
|
|
TRINITY TRADELINK LTD.
(CIN:L11103MH1985PLC035826
PAN:AAFCS8117C)
|
|
|
|
SHARAD JHUNJHUNWALA
DIN:00032879
PAN:ACVPJ0763C
|
|
|
SUKUMAR DAS
PAN:AEJPD0435R
DIN:00760908
|
|
|
VIKRANT KAYAN
DIN:00761044
PAN:AFJPK8437M
|
|
MOBILIZED RS.25.99 CRORES THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 978 INVESTORS VIOLATING REGULATIONS 4(2)(D), 4(2)(E) 5(1), 5(2), 5(5), 5(7), 6(1), 7, 26(1), 26(2), 32(1), 36, 37, 46(1), 47(1), 49(1), 57(1), 58(1), 58(2) AND 63 OF SEBI (ICDR) REGULATIONS, 2009 READ WITH REGULATION 301 OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF TRINITY TRADELINK LTD. (EARLIER KNOWN AS OMNITECH PETROLEUM LTD.)
|
IMPOSED PENALTY RS.1,00,000
19-OCT-2022
|
SEBI VIDE ITS NOTICE DATED 11/05/2023 DIRECTED TO PAY RS.1,09,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 31/08/2023 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
|
| 35 |
|
|
VINESH S.PATEL (HUF)
(PAN:AAEHP3453J)
|
|
|
MOBILIZED RS.29.84 CRORE THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 284 INVESTORS VIOLATING SECTIONS 56(1), 56(3), 60 AND 73 OF THE COMPANIES ACT, 1956 IN MATTER OF AAKRUTI NIRMITI LTD.
MOBILIZED RS.29.84 CRORE THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 284 INVESTORS VIOLATING CLAUSES 2.1.1, 2.1.4, 2.2,4.11, 4.14, 5.3.1, 5.4.1, 5.6.2, 8.8.1, 5.6A AND 6.0 TO 6.15 OF SEBI (DIP) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2000 READ WITH SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF AAKRUTI NIRMITI LTD.
|
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
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM
DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY
DIRECTED TO FILE CERTIFICATE OF COMPLETION OF PROCESS WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 03-MAY-2021 TO 02-NOV-2021
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 03-MAY-2021 TO 02-NOV-2021
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 03-MAY-2021 TO 02-NOV-2021
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
03-MAY-2021
|
SAT: SAT VIDE ITS ORDER DATED 29/09/2021 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 18/11/2021 CONDONED THE DELAY OF 80 DAYS IN FILING OF APPEAL
|
| 36 |
|
|
VITHAL S.PATEL (HUF)
(PAN:AAEHP1689J)
|
|
|
MOBILIZED RS.29.84 CRORE THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 284 INVESTORS VIOLATING SECTIONS 56(1), 56(3), 60 AND 73 OF THE COMPANIES ACT, 1956 IN MATTER OF AAKRUTI NIRMITI LTD.
MOBILIZED RS.29.84 CRORE THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 284 INVESTORS VIOLATING CLAUSES 2.1.1, 2.1.4, 2.2,4.11, 4.14, 5.3.1, 5.4.1, 5.6.2, 8.8.1, 5.6A AND 6.0 TO 6.15 OF SEBI (DIP) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2000 READ WITH SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF AAKRUTI NIRMITI LTD.
|
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
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM
DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY
DIRECTED TO FILE CERTIFICATE OF COMPLETION OF PROCESS WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 03-MAY-2021 TO 02-NOV-2021
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 03-MAY-2021 TO 02-NOV-2021
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 03-MAY-2021 TO 02-NOV-2021
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
03-MAY-2021
|
SAT: SAT VIDE ITS ORDER DATED 29/09/2021 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 18/11/2021 CONDONED THE DELAY OF 80 DAYS IN FILING OF APPEAL
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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