| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 21 |
|
LINK INTIME INDIA PVT.LTD.
(PAN:AAACI4998N)
|
|
|
DID NOT CLOSE 62 VULNERABILITIES (9 CRITICAL AND 17 HIGH) IMMEDIATELY AFTER DETECTION THROUGH VULNERABILITY ASSESSMENT & PENETRATION TESTING (VAPT) AUDIT WITHIN THREE MONTHS
DID NOT REVIEW IMPLEMENTATION OF CYBER SECURITY VIOLATING CLAUSE 7 OF ANNEXURE A TO SEBI CIRCULAR DATED 08/09/2017
|
IMPOSED PENALTY RS.1,00,000
11-FEB-2025
|
|
| 22 |
|
|
MAHESHWARI DATAMATICS PVT.LTD.
(PAN:AADCM6570H)
|
|
|
REPRESENTATIVES/EMPLOYEES DID NOT HAVE REQUISITE QUALIFICATION AND CERTIFICATION
VIOLATED 9A(1) (B) OF RTA REGULATIONS READ WITH DRAFT AGREEMENT IN ANNEXURE A OF SCHEDULE II IN SEBI CIRCULAR “INSTRUCTION TO REGISTRAR TO AN ISSUE /SHARE TRANSFER AGENTS DATED 11/10/1994 AND CLAUSE 3 OF SCHEDULE III (CODE OF CONDUCT) READ WITH REGULATION 13 OF SEBI (REGISTRAR & SHARE TRANSFER AGENT) REGULATIONS, 1993
DID NOT HAVE PROCESS FOR IDENTIFYING OR TAGGING DOCUMENTS WHICH INVESTORS SUBMIT IN CONTINUATION OF THEIR EARLIER SUBMISSION
DELAY IN PROCESSING OF REQUEST FOR ISSUANCE OF DUPLICATE SHARES
DELAY IN PROCESSING OF TRANSMISSION OF SHARES
DELAY IN PROCESSING OF REQUEST FOR CHANGE OF ADDRESS
DELAY IN PROCESSING OF REQUEST FOR CHANGE OF BANK ACCOUNT
DID NOT MAINTAIN REGISTER FOR RECORD OF DESTRUCTION OF DOCUMENTS
|
IMPOSED PENALTY RS.6,00,000
29-DEC-2023
|
SAT: SAT VIDE ITS ORDER DATED 03/04/2024 RESPONDENT TO FILE REPLY WITHIN TWO WEEKS FROM DATE OF THIS ORDER
|
| 23 |
|
|
MAHESHWARI DATAMATICS PVT.LTD.
(PAN:AADCM6570H)
|
|
|
CONSIDERABLE DELAY IN DEMATERIALIZATION OF SHARES HELD BY PUBLIC SHAREHOLDERS
DID NOT REDRESS INVESTOR COMPLAINTS
DID NOT MAINTAIN DATABASE AND RECORDS OF INVESTOR COMPLAINTS
REQUEST FOR REMATERIALIZATION OF SHARES WERE EXECUTED (ACCEPTED AND REJECTED) BEYOND 30 DAYS OF SUCH REQUESTS
DID NOT HAVE ANY INTERNAL CONTROL SYSTEM IN RESPECT OF DESTRUCTION OF PHYSICAL SHARES AFTER THEY WERE DEMATERIALIZED
|
IMPOSED PENALTY RS.1,00,000
25-FEB-2011
|
|
| 24 |
|
|
MAHESHWARI DATAMATICS PVT.LTD.
(PAN:AADCM6570H)
|
|
|
DELAY IN PROCEESING OF TRANSFER REQUESTS OR TRANSMISSION REQUETS OF SHARES VIOLATING CLAUSE 3C OF LISTING AGREEMENT
DID NOT MAINTAIN SIGNATURE CARDS VIOLATING REGULATION 14(3) OF RTA REGULATIONS READ WITH CLAUSE 2(VII) UNDER RRTI CIRCULAR NO.1 (94-95) DATED 11/10/1994 READ WITH REGULATION 14(3) OF SEBI (REGISTRAR & SHARE TRANSFER AGENT) REGULATION, 1993
|
IMPOSED PENALTY RS.3,00,000
31-JAN-2020
|
|
| 25 |
|
|
MAHESHWARI DATAMATICS PVT.LTD.
(PAN:AADCM6570H)
|
|
|
PROCESSED TRANSFER OF SHARES WITHOUT HAVING SPECIMEN SIGNATURE RECORDS
DELAY IN PROCESSING OF PHYSICAL TRANSFER OF SHARES
DELAY IN PROCESSING OF REQUEST FOR ISSUANCE OF DUPLICATE SHARES
DELAY IN PROCESSING OF TRANSMISSION OF SHARES
DELAY IN PROCESSING OF REQUEST FOR DEMATERIALISATION OF SHARES
DELAY IN PROCESSING OF REQUEST FOR REMATERIALIZATION OF SHARES
|
IMPOSED PENALTY RS.2,00,000
13-DEC-2022
|
|
| 26 |
|
|
MCS LTD.
(PAN:AAACM8027G)
|
|
|
DID NOT REDRESS INVESTOR GRIEVANCES DESPITE BEING DIRECTED BY SEBI
ACCEPTED OVERLAPPING MANDATES FOR THREE LARGE PUBLIC ISSUES WITHOUT HAVING PROPER INFRASTRUCTURE/MANPOWER
|
IMPOSED PENALTY RS.2,00,000
24-JAN-2006
|
|
| 27 |
|
|
MCS LTD.
(PAN:AAACM8027G)
|
|
|
DID NOT REDRESS INVESTOR COMPLAINTS WITHIN TIME PRESCRIBED BY SEBI
|
IMPOSED PENALTY RS.25,00,000
03-MAR-2009
|
SAT: IMPUGNED ORDER DATED 03/03/2009 MODIFIED AND PENALTY AMOUNT REDUCED TO RS.1,00,000 FROM RS.25,00,000 VIDE ORDER DATED 06/05/2010. NO ORDER AS TO COSTS
|
| 28 |
|
|
MCS SHARE TRANSFER AGENT LTD.
(PAN:AAHCM3618E)
|
|
|
DID NOT MAINTAIN HIGH STANDARDS OF INTEGRITY, DID NOT FULFIL ITS OBLIGATIONS IN PROMPT, ETHICAL AND PROFESSIONAL MANNER AND DID NOT EXERCISE DUE CARE & DILIGENCE VIOLATING CLAUSES 1 TO 3, 13, 25, 27, 28 AND 30 OF CODE OF CONDUCT AS SPECIFIED IN SCHEDULE III READ WITH REGULATION 13 (REGISTRAR TO AN ISSUE AND SHARE TRANSFER AGENTS) REGULATION, 1993
|
IMPOSED PENALTY RS.1,00,000
04-JAN-2023
|
|
| 29 |
|
|
MCS SHARE TRANSFER AGENT LTD.
(PAN:AAHCM3618E)
|
|
|
DID NOT MAINTAIN INWARD REGISTER ON DAY TO DAY BASIS AND NOT AFFIXED INWARD NUMBER & DATE OF RECEIPT PERTAINING TO REQUESTS/COMPLAINTS ON THE SAME DAY
PROCESSED REQUEST FOR DEMATERIALISATION OF SHARES WITHOUT HAVING SPECIMEN SIGNATURE
DELAY IN PROCESSING OF REQUEST FOR ISSUANCE OF DUPLICATE SHARES
DELAY IN UPDATION OF CHANGE OF ADDRESS AND BANK ACCOUNT DETAILS
DID NOT CO-OPERATE AND NOT SUBMITTED DOCUMENTS DURING INSPECTION
|
IMPOSED PENALTY RS.3,00,000
29-APR-2022
|
|
| 30 |
|
|
MCS SHARE TRANSFER AGENT LTD.
(PAN:AAHCM3618E)
|
|
|
DID NOT PROVIDE COMPLETE INFORMATION WITH REGARD TO CHANGE OF BANK ACCOUNT DETAILS REQUEST VIOLATING REGULATIONS 18(1) AND (4) OF SEBI (REGISTRARS AND SHARE TRANSFER AGENT) REGULATIONS, 1993 AND CLAUSE 2 OF CODE OF CONDUCT AS SPECIFIED UNDER REGULATION 13 OF SEBI (REGISTRAR & SHARE TRANSFER AGENT) REGULATIONS, 1993
|
IMPOSED PENALTY RS.3,00,000
31-OCT-2022
|
|
| 31 |
|
|
MCS SHARE TRANSFER AGENT LTD.
(PAN:AAHCM3618E)
|
|
|
DID NOT PROVIDE REQUIRED DOCUMENTS TO AUDITOR APPOINTED BY SEBI VIOLATING REGULATION 18(1) READ WITH 21 OF SEBI (RTI AND STA) REGULATIONS, 1993
DID NOT PROVIDE REQUIRED DOCUMENTS TO AUDITOR APPOINTED BY SEBI VIOLATING CLAUSE 18 OF CODE OF CONDUCT IN SCHEDULE III UNDER REGULATION 13 OF SEBI (RTI AND STA) REGULATIONS, 1993
|
IMPOSED PENALTY RS.5,00,000
24-AUG-2020
|
|
| 32 |
|
|
NICHE TECHNOLOGIES PVT.LTD.
(PAN:AAACO2823L)
|
|
|
DID NOT MAINTAIN SPECIMEN SIGNATURE CARDS IN HARD COPY/MAGNETIC MEDIA VIOLATING REGULATION 71 OF SEBI (DEPOSITORIES AND PARTICIPANTS) REGULATIONS, 2018 READ WITH CLAUSE 2 (VII) OF RRTI CIRCULAR NO.1 (94-95) DATED 11/10/1994
DID NOT MAINTAIN HIGH STANDARDS OF INTEGRITY, PROMPTITUDE AND DID NOT EXERCISE DUE DILIGENCE, ENSURE PROPER CARE AND INDEPENDENT PROFESSIONAL JUDGEMENT VIOLATING CLAUSES 1 TO 3 OF CODE OF CONDUCT AS SPECIFIED UNDER REGULATION 13 OF SEBI (REGISTRAR TO AN ISSUE AND SHARE TRANSFER AGENTS) REGULATION, 1993
|
IMPOSED PENALTY RS.1,00,000
28-JUL-2022
|
|
| 33 |
|
|
PCS INDUSTRIES LTD.
|
|
|
DID NOT ENTER INTO AGREEMENT WITH ISSUER COMPANIES
|
IMPOSED PENALTY RS.5,00,000
10-MAY-2001
|
SAT: APPEAL DISMISSED
|
| 34 |
|
|
S.K.D.C.CONSULTANTS LTD.
|
|
|
|
PADMA SREEDHARAN
|
|
DID NOT ENTER INTO AGREEMENT WITH ISSUER COMPANIES
|
IMPOSED PENALTY RS.25,000
31-AUG-2000
|
SAT: APPEAL ALLOWED
|
| 35 |
|
|
S.K.INFOSOLUTIONS PVT.LTD.
|
|
|
DID NOT ENTER INTO LEGAL/VALID AGREEMENT WITH ITS 10 CLIENT BODY CORPORATE AT APPROPRIATE TIME VIOLATING INSTRUCTION 1 OF INSTRUCTIONS AND RTI CIRCULAR NO. 1(94-95) DATED 11/10/2014 AND REGULATION 9(1) (B) OF RTA & STA REGULATIONS 1993
DID NOT PROVIDE ACCESS TO CORRECT INFORMATION TO SEBI VIOLATING REGULATION 18(2) AND CLAUSE 2 OF CODE OF CONDUCT READ WITH REGULATION 13 OF RTA & STA REGULATION, 1993
DID NOT FORMULATE NECESSARY CODE OF CONDUCT UNDER REGULATION 9(1) OF SEBI (PIT) REGULATIONS, 2015
|
IMPOSED PENALTY RS.5,00,000
19-SEP-2018
|
|
| 36 |
|
|
SHAREPRO SERVICE INDIA PVT.LTD.
(PAN:AAICS5500L)
|
|
|
DID NOT REDRESS INVESTOR COMPLAINTS
|
IMPOSED PENALTY RS.1,00,000
04-JUN-2010
|
|
| 37 |
|
|
SKYLINE FINANCIAL SERVICES PVT.LTD.
|
|
|
DID NOT HAVE VALID NCFM/NISM CERTIFICATE
DID NOT MAINTAIN SPECIMEN SIGNATURES OF SHAREHOLDER HOLDING SHARES IN PHYSICAL FORM
ISSUED DUPLICATE SHARE CERTIFICATES WITHOUT VERIFICATION
PROCESSED TRANSFER AND TRANSMISSION REQUESTS WITHOUT OBTAINING PROPER DOCUMENTS AND ON THE BASIS OF DEFICIENT/FAKE DOCUMENT
DID NOT MAINTAIN DATABASE OF DEMAT ALERT REQUEST
DID NOT MAINTAIN CHANGE OF BANK ACCOUNT DETAILS REQUEST
DID NOT MAINTAIN PROOF OF IDENTITY & ADDRESS OF CLIENTS AND DID NOT SUBMIT PAN OF SELLER
DID NOT CO-OPERATE WITH SEBI IN INSPECTION
|
IMPOSED PENALTY RS.8,00,000
27-MAR-2023
|
|
| 38 |
|
|
SRG INFOTECH (INDIA) LTD.
|
|
|
DID NOT ENTER INTO AGREEMENT WITH ISSUER COMPANIES
|
IMPOSED PENALTY RS.3,00,000
17-NOV-1999
|
SAT: APPEAL DISMISSED
|
| 39 |
|
|
ZUARI FINSERV LTD.
(PAN:AADCH3479E)
|
|
|
ENTERED IN INACCURATE AGREEMENT WITH JONJUA OVERSEAS LTD.
DID NOT MARK INWARD NO. AND DATE OF RECEIPT ON LETTER INSTEAD MARKED THE SAME ON STICKY NOTES
DID NOT POSSESS AND MAINTAIN SPECIMEN SIGNATURE CARDS
DID NOT FOLLOW PROCESS FOR CHECKING SIGNATURE APPROPRIATELY AS SIGNATURES CARDS WERE NOT AVAILABLE
DID NOT PROCESS DIVIDEND REVALIDATION REQUEST IN ADHERENCE TO REGULATIONS/CIRCULARS ETC.
DID NOT HAVE AUTOMATIC “SYSTEM BASED ALERT” MECHANISM FOR ENHANCED DUE DILIGENCE TO GENERATE APPROPRIATE ALERTS
|
IMPOSED PENALTY RS.5,00,000
09-OCT-2023
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 2 of 2
|
