| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 41 |
|
KAE CAPITAL FUND II
(PAN:AACTK5644C)
(Along with : KAE CAPITAL MANAGEMENT PVT.LTD.)
|
|
|
|
SASHA GULU MIRCHANDANI
PAN:AACPM1608G
|
|
ALLEGED FAILURE IN MAINTAINING MINIMUM CONTINUING INTEREST IN FUND VIOLATING REGULATIONS 10(D) READ WITH 20(1)AND CLAUSE 1(E) OF CODE OF CONDUCT AS MENTIONED IN FOURTH SCHEDULE OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.12,75,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
04-JUN-2026
|
|
| 42 |
|
|
KAE CAPITAL MANAGEMENT PVT.LTD.
(PAN:AAGCM3183K)
(Along with : KAE CAPITAL FUND II)
|
|
|
|
SASHA GULU MIRCHANDANI
PAN:AACPM1608G
|
|
ALLEGED FAILURE TO ENSURE COMPLIANCE WITH MINIMUM CONTINUING INTEREST REQUIREMENT IN FUND VIOLATING REGULATIONS 20(1) READ WITH CLAUSES 2(A) AND 2(C) OF CODE OF CONDUCT IN FOURTH SCHEDULE OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.12,75,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
04-JUN-2026
|
|
| 43 |
|
|
KOTAK ALTERNATE ASSET MANAGERS LTD.
(PAN:AAACK5933H)
|
|
|
|
GAURAV AGGARWAL
PAN:BHUPA5595E
|
|
|
PARAG SUKHIJA
PAN:DDDPS8579F
|
|
|
SHOBHIT MATHUR
PAN:ANRPM0696C
|
|
ALLEGED VIOLATION OF CONCENTRATION LIMIT OF 10% OF INVESTABLE FUNDS IN A SINGLE INVESTEE COMPANY
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.7,87,500 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
30-JAN-2024
|
|
| 44 |
|
|
KOTAK ALTERNATE ASSETS FUND III
(PAN:AADTK5968J)
|
|
|
|
GAURAV AGGARWAL
PAN:BHUPA5595E
|
|
|
PARAG SUKHIJA
PAN:DDDPS8579F
|
|
|
SHOBHIT MATHUR
PAN:ANRPM0696C
|
|
ALLEGED VIOLATION OF CONCENTRATION LIMIT OF 10% OF INVESTABLE FUNDS IN A SINGLE INVESTEE COMPANY
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.7,87,500 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
30-JAN-2024
|
|
| 45 |
|
|
MOTILAL OSWAL ALTERNATIVE INVESTMENT TRUST
(PAN:AADTM3067A)
(Along with : MOTILAL OSWAL ASSET MANAGEMENT CO.LTD.)
|
|
|
ALLEGED WRONGLY LIQUIDATED PORTFOLIO OF AN INVESTOR CONSIDERING AS A DEFAULTING CLIENT VIOLATING CLAUSE 1(B) OF CODE OF CONDUCT READ WITH REGULATIONS 20(1) TO 20(3) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.38,76,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
20-APR-2026
|
|
| 46 |
|
|
MOTILAL OSWAL ASSET MANAGEMENT CO.LTD.
(PAN:AAFCM8463P)
(Along with : MOTILAL OSWAL ALTERNATIVE INVESTMENT TRUST)
|
|
|
ALLEGED FAILURE IN TAKING ACTION AGAINST DISTRIBUTORS FOR DEFAULTS BY INVESTORS REFERRED TO IN SCORES COMPLAINTS VIOLATING CLAUSES 2(A) AND 2(D) OF CODE OF CONDUCT READ WITH REGULATIONS 20(1) TO 20(3) AND 24(A) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.38,76,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
20-APR-2026
|
|
| 47 |
|
|
MULTIPLES ALTERNATE ASSET MANAGEMENT PVT.LTD.
(PAN:AAGCM0997F)
(Along with : MULTIPLES EQUITY FUND TRUSTEE PVT.LTD.,
MULTIPLES PRIVATE EQUITY FUND)
|
|
|
|
RENUKA RAMNATH
PAN:AADPR8108D
|
|
|
SUDHIR VARIYAR
PAN:AAEPV4799H
|
|
ALLEGED FAILURE TO WIND UP MULTIPLES PRIVATE EQUITY FUND – SCHEME I UPON EXPIRY OF ITS TENURE VIOLATING REGULATIONS 13(5), 29(1), 29(5), 29(7) READ WITH 20(1) AND 20(5) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012 AND CLAUSES 2(A) AND 2(C) OF CODE OF CONDUCT UNDER (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.92,62,500 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
16-MAR-2026
|
|
| 48 |
|
|
MULTIPLES EQUITY FUND TRUSTEE PVT.LTD.
(PAN:AAGCM5302G)
(Along with : MULTIPLES ALTERNATE ASSET MANAGEMENT PVT.LTD.,
MULTIPLES PRIVATE EQUITY FUND)
|
|
|
|
RENUKA RAMNATH
PAN:AADPR8108D
|
|
|
SUDHIR VARIYAR
PAN:AAEPV4799H
|
|
ALLEGED FAILURE TO WIND UP MULTIPLES PRIVATE EQUITY FUND – SCHEME I UPON EXPIRY OF ITS TENURE VIOLATING REGULATIONS 13(5), 29(1), 29(5), 29(7) READ WITH 20(1) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012 READ WITH CLAUSE 3(B) OF CODE OF CONDUCT UNDER (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.92,62,500 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
16-MAR-2026
|
|
| 49 |
|
|
MULTIPLES PRIVATE EQUITY FUND
(PAN:AACTM5770B)
(Along with : MULTIPLES ALTERNATE ASSET MANAGEMENT PVT.LTD.,
MULTIPLES EQUITY FUND TRUSTEE PVT.LTD.)
|
|
|
|
RENUKA RAMNATH
PAN:AADPR8108D
|
|
|
SUDHIR VARIYAR
PAN:AAEPV4799H
|
|
ALLEGED FAILURE TO WIND UP MULTIPLES PRIVATE EQUITY FUND – SCHEME I UPON EXPIRY OF ITS TENURE VIOLATING REGULATIONS 13(5), 29(7) READ WITH 29(1) AND 29(5) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.92,62,500 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
16-MAR-2026
|
|
| 50 |
|
|
OMNIVORE CAPITAL MANAGEMENT ADVISORS PVT.LTD.
(PAN:AABCO4285F)
|
|
|
ALLEGED DELAY IN WINDING UP ITS SCHEME VIOLATING REGULATION 23(1) READ WITH REGULATIONS 23(3) AND 24(2) OF SEBI (VENTURE CAPITAL FUNDS) REGULATIONS, 1996 READ WITH REGULATION 39(2)(B) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.14,62,500 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
04-JUN-2025
|
|
| 51 |
|
|
OMNIVORE INDIA CAPITAL TRUST
(PAN:AAATO3113E)
|
|
|
ALLEGED DELAY IN WINDING UP ITS SCHEME VIOLATING REGULATION 23(1) READ WITH REGULATIONS 23(3) AND 24(2) OF SEBI (VENTURE CAPITAL FUNDS) REGULATIONS, 1996 READ WITH REGULATION 39(2)(B) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.14,62,500 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
04-JUN-2025
|
|
| 52 |
|
|
ONEIL CAPITAL MANAGEMENT INDIA PVT.LTD.
(PAN:AADFW1831G)
|
|
|
|
ANUPAM SINGHI
CIN:ANKPD7583J
|
|
ALLEGED VIOLATION OF CONCENTRATION LIMIT OF 10% OF INVESTABLE FUNDS IN A SINGLE INVESTEE COMPANY
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.22,75,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
30-JAN-2024
|
|
| 53 |
|
|
ONEIL CAPITAL TRUST
(PAN:AAATW5453D)
|
|
|
|
ANUPAM SINGHI
CIN:ANKPD7583J
|
|
ALLEGED VIOLATION OF CONCENTRATION LIMIT OF 10% OF INVESTABLE FUNDS IN A SINGLE INVESTEE COMPANY
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.22,75,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
30-JAN-2024
|
|
| 54 |
|
|
PENBROOK CAPITAL ADVISORS PVT.LTD.
(PAN:AAGCP3459B)
|
|
|
|
ANUJ RANJAN
PAN:AUTPR5763Q
|
|
|
CHETAN DESAI
PAN:AACPD5693G
|
|
|
NARENDRA ANEJA
PAN:AADPA5229J
|
|
|
PRASHANT SAGWEKAR
PAN:AVUPS1958E
|
|
|
RAJEEV ASHOK PIRAMAL
PAN:AAEPP7727R
|
|
|
SRIDHAR RENGAN
PAN:ACZPR2381L
|
|
|
URVI ASHOK PIRAMAL
PAN:AAJPP8861F
|
|
ALLEGED FAILURE IN CONTINUING INTEREST OF RS.5.0 CRORE IN FORM OF INVESTMENT AND EXTENSION OF TENURE OF FUND MORE THAN PERMISSIBLE PERIOD (4 YEARS + 1 YEAR) IN PRIVATE PLACEMENT MEMORANDUM VIOLATING REGULATION 7(1)(A) READ WITH SEBI CIRCULAR NO.CIR/IMD/DF/14/2014 DATED 19/06/2014
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.63,75,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
28-JAN-2022
|
|
| 55 |
|
|
PENINSULA BROOKFIELD TRUSTEE PVT.LTD.
(PAN:AAGCP3469D)
|
|
|
ALLEGED FAILURE IN CONTINUING INTEREST OF RS.5.0 CRORE IN FORM OF INVESTMENT AND EXTENSION OF TENURE OF FUND MORE THAN PERMISSIBLE PERIOD (4 YEARS + 1 YEAR) IN PRIVATE PLACEMENT MEMORANDUM VIOLATING REGULATION 7(1)(A) READ WITH SEBI CIRCULAR NO.CIR/IMD/DF/14/2014 DATED 19/06/2014
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.63,75,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
28-JAN-2022
|
|
| 56 |
|
|
PIRAMAL INVESTMENT ADVISORY SERVICES PVT.LTD.
(PAN:AAHCP2291G)
|
|
|
|
JAYESH RAMNIKLAL DESAI
PAN:AAMPD4038P
|
|
|
LEONARD PETER D’SOUZA
PAN:AADPD1290N
|
|
|
PARVEZ KEKI UMRIGAR
PAN:AAAPU5744M
|
|
|
RAJESH RATANLAL LADDHA
PAN:ABOPL3015F
|
|
ALLEGED VIOLATION OF REGULATIONS 10(D), 13, 27 (1) (D) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012 AND SEBI MASTER CIRCULAR NO.CIR/ISD/AML/3/2010 DATED 31/12/2010 IN MATTER OF PIRAMAL INVESTMENT OPPORTUNITIES FUND
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.76,50,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
30-JUN-2021
|
|
| 57 |
|
|
SREI ALTERNATIVE INVESTMENT MANAGERS LTD.
(PAN:AAGCS5232F)
|
|
|
ALLEGED USING PART OF CONTRIBUTION OF INVESTORS FOR THE PURPOSE OF GIVING LOANS VIOLATING REGULATION 2(1)(B) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,17,89,431 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
25-JUL-2018
|
|
| 58 |
|
|
SREI MULTIPLE ASSET INVESTMENT TRUST
(PAN:AANTS4505M)
|
|
|
ALLEGED USING PART OF CONTRIBUTION OF INVESTORS FOR THE PURPOSE OF GIVING LOANS VIOLATING REGULATION 2(1)(B) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,17,89,431 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
25-JUL-2018
|
|
| 59 |
|
|
TCG ADVISORY SERVICES PVT.LTD.
(PAN:AAACW4907B)
|
|
|
ALLEGED FAILURE IN WINDING UP OF THE SCHEME WITH IN 90 DAYS AFTER THE CORPUS OF THE FUND FALL BELOW RS.20 CRORE VIOLATING REGULATION 10(D) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.15,00,000 VIDE CONSENT ORDER)
10-OCT-2024
|
|
| 60 |
|
|
UNICORN INDIA VENTURES DEBT FUND-I
(PAN:AAATU8227H)
(Along with : UNICORN INDIA VENTURES SERVICES LLP)
|
|
|
|
ANIL JOSHI
PAN:ADSPJ0113E
|
|
|
BHASKAR MAJUMDAR
PAN:AMPPM5466M
|
|
ALLEGED TEMPORARY INVESTMENT IN ADITYA BIRLA SUN LIFE SAVINGS FUND REGULAR GROWTH PLAN WHICH WAS NOT CLASSIFIED AS LIQUID MUTUAL FUND AND DID NOT REPORT SEBI
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.25,50,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
04-MAY-2026
|
|
| 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 3 of 4
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