| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 21 |
|
RAMAWTAR GUPTA
(PAN:AGEPG2765Q)
|
|
|
|
APLAYA CREATIONS LTD.
PAN:AAACG1479J
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF APLAYA CREATIONS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-MAR-2019 TO 26-MAR-2027
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 27-MAR-2019 TO 26-MAR-2027
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
RESTRAINED FROM HOLDING OR OCCUPYING POSITION AS DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY FROM 27-MAR-2019 TO 26-MAR-2027
27-MAR-2019
|
|
| 22 |
|
|
RANA GURJEET SINGH
(PAN:ADYPS5459E)
|
|
|
|
RANA SUGARS LTD.
PAN:AABCR6744C
|
|
DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF RANA SUGAR LTD.
INDULGED IN SIPHONING OFF/DIVERSION OF FUNDS TO ITS PROMOTERS AND THEIR FAMILY MEMBERS THROUGH CONDUIT ENTITIES VIOLATING SECTIONS 12A(B) AND 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C), 3(D), 4(1), 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RANA SUGAR 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 27-AUG-2024 TO 26-AUG-2026
RESTRAINED FROM HOLDING OR OCCUPYING POSITION AS DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY FROM 27-AUG-2024 TO 26-AUG-2026
IMPOSED PENALTY RS.4,00,00,000
27-AUG-2024
|
SAT: SAT VIDE ITS ORDER DATED 06/03/2025 DIRECTED SEBI TO FILE REPLY WITHIN FOUR WEEKS AND REJOINDER, IF ANY, TO BE FILED TWO WEEKS THEREAFTER. IN THE MEANWHILE, SEBI NOT TO INITIATE ANY COERCIVE ACTION AGAINST APPELLANTS
|
| 23 |
|
|
RANA INDER PRATAP SINGH
(PAN:AVNPS6106M)
|
|
|
|
RANA SUGARS LTD.
PAN:AABCR6744C
|
|
DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF RANA SUGAR LTD.
INDULGED IN SIPHONING OFF/DIVERSION OF FUNDS TO ITS PROMOTERS AND THEIR FAMILY MEMBERS THROUGH CONDUIT ENTITIES VIOLATING SECTIONS 12A(B) AND 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C), 3(D), 4(1), 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RANA SUGAR LTD.
INDULGED IN SIPHONING OFF/DIVERSION OF FUNDS TO PROMOTERS AND THEIR FAMILY MEMBERS THROUGH CONDUIT ENTITIES VIOLATING REGULATIONS 4(1)(A) TO 4(1)(C), 4(1)(E), 4(1)(G), 4(1)(H), 4(1)(J), 4(2)(E)(I), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTIONS 27(1) AND 27(2) OF SEBI ACT, 1992 IN MATTER OF RANA SUGAR 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 27-AUG-2024 TO 26-AUG-2026
RESTRAINED FROM HOLDING OR OCCUPYING POSITION AS DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY FROM 27-AUG-2024 TO 26-AUG-2026
DIRECTED TO EXTEND ALL NECESSARY ASSISTANCE AND AUTHORIZATION TO LAW FIRM
IMPOSED PENALTY RS.9,00,00,000
27-AUG-2024
|
SAT: SAT VIDE ITS ORDER DATED 06/03/2025 DIRECTED SEBI TO FILE REPLY WITHIN FOUR WEEKS AND REJOINDER, IF ANY, TO BE FILED TWO WEEKS THEREAFTER. IN THE MEANWHILE, SEBI NOT TO INITIATE ANY COERCIVE ACTION AGAINST APPELLANTS
|
| 24 |
|
|
RANA KARAN PARTAP SINGH
(PAN:BKYPS5096P)
|
|
|
|
RANA SUGARS LTD.
PAN:AABCR6744C
|
|
DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF RANA SUGAR LTD.
INDULGED IN SIPHONING OFF/DIVERSION OF FUNDS TO ITS PROMOTERS AND THEIR FAMILY MEMBERS THROUGH CONDUIT ENTITIES VIOLATING SECTIONS 12A(B) AND 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C), 3(D), 4(1), 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RANA SUGAR 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 27-AUG-2024 TO 26-AUG-2026
RESTRAINED FROM HOLDING OR OCCUPYING POSITION AS DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY FROM 27-AUG-2024 TO 26-AUG-2026
IMPOSED PENALTY RS.4,00,00,000
27-AUG-2024
|
SAT: SAT VIDE ITS ORDER DATED 06/03/2025 DIRECTED SEBI TO FILE REPLY WITHIN FOUR WEEKS AND REJOINDER, IF ANY, TO BE FILED TWO WEEKS THEREAFTER. IN THE MEANWHILE, SEBI NOT TO INITIATE ANY COERCIVE ACTION AGAINST APPELLANTS
|
| 25 |
|
|
RANA PREET INDER SINGH
(PAN:BKYPS5068K)
|
|
|
|
RANA SUGARS LTD.
PAN:AABCR6744C
|
|
INDULGED IN SIPHONING OFF/DIVERSION OF FUNDS TO ITS PROMOTERS AND THEIR FAMILY MEMBERS THROUGH CONDUIT ENTITIES VIOLATING SECTIONS 12A(B) AND 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C), 3(D), 4(1), 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RANA SUGAR 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 27-AUG-2024 TO 26-AUG-2026
RESTRAINED FROM HOLDING OR OCCUPYING POSITION AS DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY FROM 27-AUG-2024 TO 26-AUG-2026
IMPOSED PENALTY RS.3,00,00,000
27-AUG-2024
|
SAT: SAT VIDE ITS ORDER DATED 06/03/2025 DIRECTED SEBI TO FILE REPLY WITHIN FOUR WEEKS AND REJOINDER, IF ANY, TO BE FILED TWO WEEKS THEREAFTER. IN THE MEANWHILE, SEBI NOT TO INITIATE ANY COERCIVE ACTION AGAINST APPELLANTS
|
| 26 |
|
|
RANA RANJIT SINGH
(PAN:ADXPS5464N)
|
|
|
|
RANA SUGARS LTD.
PAN:AABCR6744C
|
|
DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF RANA SUGAR LTD.
INDULGED IN SIPHONING OFF/DIVERSION OF FUNDS TO ITS PROMOTERS AND THEIR FAMILY MEMBERS THROUGH CONDUIT ENTITIES VIOLATING SECTIONS 12A(B) AND 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C), 3(D), 4(1), 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RANA SUGAR LTD.
DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONS IN ANNUAL REPORTS VIOLATING REGULATIONS 4(1)(C) AND 4(1)(E) AOF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27(2) OF SEBI ACT, 1992 IN MATTER OF RANA SUGAR 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 27-AUG-2024 TO 26-AUG-2026
RESTRAINED FROM HOLDING OR OCCUPYING POSITION AS DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY FROM 27-AUG-2024 TO 26-AUG-2026
DIRECTED TO EXTEND ALL NECESSARY ASSISTANCE AND AUTHORIZATION TO LAW FIRM
IMPOSED PENALTY RS.5,00,00,000
27-AUG-2024
|
SAT: SAT VIDE ITS ORDER DATED 06/03/2025 DIRECTED SEBI TO FILE REPLY WITHIN FOUR WEEKS AND REJOINDER, IF ANY, TO BE FILED TWO WEEKS THEREAFTER. IN THE MEANWHILE, SEBI NOT TO INITIATE ANY COERCIVE ACTION AGAINST APPELLANTS
|
| 27 |
|
|
RANA VEER PRATAP SINGH
(PAN:BAFPS9170M)
|
|
|
|
RANA SUGARS LTD.
PAN:AABCR6744C
|
|
DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF RANA SUGAR LTD.
INDULGED IN SIPHONING OFF/DIVERSION OF FUNDS TO ITS PROMOTERS AND THEIR FAMILY MEMBERS THROUGH CONDUIT ENTITIES VIOLATING SECTIONS 12A(B) AND 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C), 3(D), 4(1), 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RANA SUGAR LTD.
DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONS IN ANNUAL REPORTS VIOLATING REGULATIONS 4(1)(C) AND 4(1)(E) AOF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27(2) OF SEBI ACT, 1992 IN MATTER OF RANA SUGAR 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 27-AUG-2024 TO 26-AUG-2026
RESTRAINED FROM HOLDING OR OCCUPYING POSITION AS DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY FROM 27-AUG-2024 TO 26-AUG-2026
DIRECTED TO EXTEND ALL NECESSARY ASSISTANCE AND AUTHORIZATION TO LAW FIRM
IMPOSED PENALTY RS.5,00,00,000
27-AUG-2024
|
SAT: SAT VIDE ITS ORDER DATED 06/03/2025 DIRECTED SEBI TO FILE REPLY WITHIN FOUR WEEKS AND REJOINDER, IF ANY, TO BE FILED TWO WEEKS THEREAFTER. IN THE MEANWHILE, SEBI NOT TO INITIATE ANY COERCIVE ACTION AGAINST APPELLANTS
|
| 28 |
|
|
RISHI KAMLESH AGARWAL
(CIN:00162615
DIN:00162615
PAN:ADNPA1610Q)
|
|
|
|
ABG RESOURCES PVT.LTD.
CIN:165088
PAN:AAKCS2326Q
|
|
INDULGED IN DIVERSION OF FUNDS OF RS.100.02 CRORES THROUGH BOGUS PURCHASES FOR MAKING INVESTMENT FROM ABG SHIPYARD LTD. TO PROMOTERS AND THEIR RELATED ENTITIES VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A), 3(C), 3(D), 4(1), 4(2)(E), (K) AND 4(2) (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ABG SHIPYARD 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 24-MAR-2020 TO 23-MAR-2024
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
RESTRAINED FROM HOLDING OR OCCUPYING POSITION AS DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY FROM 24-MAR-2020 TO 23-MAR-2024
24-MAR-2020
|
SAT: SAT VIDE ITS ORDER DATED 26/03/2021 DISMISSED THE APPEAL FOR WANT OF PROSECUTION
SAT: SAT VIDE ITS ORDER DATED 26/07/2021 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY
|
| 29 |
|
|
SHASHIKANT BABANRAO SHINDE
(PAN:AAGPS6752D)
|
|
|
MADE WRONG, MISLEADING AND DISTORTED INFORMATION IN RHP VIOLATING REGULATIONS 57(1), 57(2) (A) READ WITH CLAUSE 2(VII) (G) OF SCHEDULE VIII AND 60(7) (A) OF SEBI (ICDR) REGULATIONS, 2009 IN MATTER OF DR.DATSONS LABS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 13-SEP-2019 TO 12-SEP-2020
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 13-SEP-2019 TO 12-SEP-2020
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 13-SEP-2019 TO 12-SEP-2020
RESTRAINED FROM HOLDING OR OCCUPYING POSITION AS DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY FROM 13-SEP-2019 TO 12-SEP-2020
13-SEP-2019
|
|
| 30 |
|
|
SUKHJINDER KAUR
(PAN:AMVPK3867A)
|
|
|
|
RANA SUGARS LTD.
PAN:AABCR6744C
|
|
INDULGED IN SIPHONING OFF/DIVERSION OF FUNDS TO ITS PROMOTERS AND THEIR FAMILY MEMBERS THROUGH CONDUIT ENTITIES VIOLATING SECTIONS 12A(B) AND 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C), 3(D), 4(1), 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RANA SUGAR 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 27-AUG-2024 TO 26-AUG-2026
RESTRAINED FROM HOLDING OR OCCUPYING POSITION AS DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY FROM 27-AUG-2024 TO 26-AUG-2026
IMPOSED PENALTY RS.3,00,00,000
27-AUG-2024
|
SAT: SAT VIDE ITS ORDER DATED 06/03/2025 DIRECTED SEBI TO FILE REPLY WITHIN FOUR WEEKS AND REJOINDER, IF ANY, TO BE FILED TWO WEEKS THEREAFTER. IN THE MEANWHILE, SEBI NOT TO INITIATE ANY COERCIVE ACTION AGAINST APPELLANTS
|
| 31 |
|
|
VIKAS SAINI
(DIN:06503769
PAN:BEZPS2003H)
|
|
|
|
EDYNAMICS SOLUTIONS LTD.
CIN:L74900DL2000PLC106755
PAN:AAACE7849N
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2020 TO 26-APR-2022
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 27-APR-2020 TO 26-APR-2022
RESTRAINED FROM HOLDING OR OCCUPYING POSITION AS DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY FROM 27-APR-2020 TO 26-APR-2022
07-AUG-2017
|
SAT: SAT VIDE ITS ORDER DATED 23/08/2017 DIRECTED SEBI TO DISPOSE OFF REPRESENTATION OF THE APPELLANT AS EXPEDITIOUSLY AS POSSIBLE AND IN ANY EVENT WITHIN A PERIOD OF THREE WEEKS FROM THE DATE OF THIS ORDER. NO COSTS
SEBI VIDE ITS ORDER DATED 13/09/2017 MODIFIED THE ACTIONS ENVISAGED IN SEBI’S LETTER DATED 07/08/2017 AND CONSEQUENTIAL ACTIONS TAKEN BY STOCK EXCHANGES 1) TRADING IN SECURITIES OF ESL SHALL BE REVERTED TO T GROUP OF BSE WITH APPLICABLE PRICE BAND IN TRADE TO TRADE SETTLEMENT 2) EXCHANGE SHALL APPOINT AN INDEPENDENT AUDITOR TO CONDUCT FORENSIC AUDIT OF ESL FOR VERIFICATION, INCLUDING CREDENTIALS/FINANCIALS OF ESL 3) PROMOTERS AND DIRECTORS IN ESL ARE PERMITTED ONLY TO BUY THE SECURITIES OF ESL. THE SHARES HELD BY PROMOTERS AND DIRECTORS IN ESL SHALL NOT BE ALLOWED TO BE TRANSFERRED FOR SALE, BY DEPOSITORIES 4) THE OTHER ACTIONS ENVISAGED IN SEBI’S LETTER DATED 07/08/2017 IN PARA 1 (D), AS MAY BE APPLICABLE, AND THE CONSEQUENTIAL ACTION TAKEN BY STOCK EXCHANGES SHALL CONTINUE TO HAVE EFFECT AGAINST EDYNAMICS SOLUTIONS LTD. DIRECTIONS SHALL TAKE EFFECT IMMEDIATELY AND SHALL BE IN FORCE UNTIL FURTHER ORDERS
|
| 32 |
|
|
VINOD KUMAR
(PAN:BDUPK1521Q)
|
|
|
|
EDYNAMICS SOLUTIONS LTD.
CIN:L74900DL2000PLC106755
PAN:AAACE7849N
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2020 TO 26-APR-2022
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 27-APR-2020 TO 26-APR-2022
RESTRAINED FROM HOLDING OR OCCUPYING POSITION AS DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY FROM 27-APR-2020 TO 26-APR-2022
07-AUG-2017
|
SAT: SAT VIDE ITS ORDER DATED 23/08/2017 DIRECTED SEBI TO DISPOSE OFF REPRESENTATION OF THE APPELLANT AS EXPEDITIOUSLY AS POSSIBLE AND IN ANY EVENT WITHIN A PERIOD OF THREE WEEKS FROM THE DATE OF THIS ORDER. NO COSTS
SEBI VIDE ITS ORDER DATED 13/09/2017 MODIFIED THE ACTIONS ENVISAGED IN SEBI’S LETTER DATED 07/08/2017 AND CONSEQUENTIAL ACTIONS TAKEN BY STOCK EXCHANGES 1) TRADING IN SECURITIES OF ESL SHALL BE REVERTED TO T GROUP OF BSE WITH APPLICABLE PRICE BAND IN TRADE TO TRADE SETTLEMENT 2) EXCHANGE SHALL APPOINT AN INDEPENDENT AUDITOR TO CONDUCT FORENSIC AUDIT OF ESL FOR VERIFICATION, INCLUDING CREDENTIALS/FINANCIALS OF ESL 3) PROMOTERS AND DIRECTORS IN ESL ARE PERMITTED ONLY TO BUY THE SECURITIES OF ESL. THE SHARES HELD BY PROMOTERS AND DIRECTORS IN ESL SHALL NOT BE ALLOWED TO BE TRANSFERRED FOR SALE, BY DEPOSITORIES 4) THE OTHER ACTIONS ENVISAGED IN SEBI’S LETTER DATED 07/08/2017 IN PARA 1 (D), AS MAY BE APPLICABLE, AND THE CONSEQUENTIAL ACTION TAKEN BY STOCK EXCHANGES SHALL CONTINUE TO HAVE EFFECT AGAINST EDYNAMICS SOLUTIONS LTD. DIRECTIONS SHALL TAKE EFFECT IMMEDIATELY AND SHALL BE IN FORCE UNTIL FURTHER ORDERS
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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