| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 701 |
|
VINEET PANDEY
(PAN:ALLPP6562G)
|
|
|
|
KAARYA FACILITIES & SERVICES LTD.
PAN:AADCK5987G
|
|
DID NOT ADHERE TO CORPORATE GOVERNANCE REPORT VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(6), 4(2)(F)(II)(7) AND 4(2)(F)(III)(7) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF KAARYA FACILITIES & SERVICES LTD.
ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF KAARYA FACILITIES & SERVICES LTD.
|
IMPOSED PENALTY RS.2,00,000
28-MAR-2024
|
|
| 702 |
|
|
VINEET PANDEY
(PAN:ALLPP6562G)
(Along with : VISHAL PANCHAL,
JITENDRA ADHYARU)
|
|
|
|
KAARYA FACILITIES & SERVICES LTD.
PAN:AADCK5987G
|
|
INDULGED IN MISREPRESENTATION/MISSTATEMENT OF FINANCIAL STATEMENTS VIOLATING REGULATIONS 44(1)(A) TO 44(1)(C), 4(2)(E), 33(1)(A), 33(1)(C), 34(3),48, 53(1) AND 71(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF KAARYA FACILITIES & SERVICES LTD.
|
IMPOSED PENALTY RS.6,00,000 ALONG WITH OTHER ENTITIES/PERSONS
28-MAR-2024
|
|
| 703 |
|
|
VINITA GUPTA
(PAN:AMJPG9496K)
|
|
|
ALLEGED VIOLATION OF REGULATIONS 4(1)(C), 4(1)(D), 4(1)(I) AND 30(10) OF SEBI (LODR) REGULATIONS, 2011 IN MATTER OF ASIAN HOTELS (W) LTD.
ALLEGED VIOLATION OF REGULATIONS 30(7) AND 4(1)(D) OF SEB) (LODR) REGULATIONS, 2015 READ WITH SEBI CIRCULAR DATED 21/11/2019 IN MATTER OF ASIAN HOTELS (W) LTD.
ALLEGED VIOLATION OF REGULATIONS 30(2) READ WITH SCHEDULE III OF SEBI (LODR) REGULATIONS, 2015 AND REGULATION 4(2)(F) OF SEBI (LODR) REGULATIONS, 2015 AND SEBI CIRCULAR DATED 18/10/ 2019 IN MATTER OF ASIAN HOTELS (W) LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.29,25,000 VIDE CONSENT ORDER)
05-JUL-2023
|
|
| 704 |
|
|
VINITA JHA
(PAN:AJAPJ5970D)
|
|
|
|
HEXA TRADEX LTD.
PAN:AACCH5334B
|
|
PASSED INCORRECT RESOLUTION OF HEXA TRADEX LTD. AND ACQUIRER'S RELATED ENTITIES VIZ MR.PRITHVI RAJ JINDAL AND OTHER PROMOTER ENTITIES VIZ, JINDAL SAW LTD. JITF LNFRALOGISTICS LTD. AND SIGNMATECH INC TO BE IN COMPLIANCE WITH SECURITIES LAW VIOLATING REGULATIONS 10(3), 28(2) AND 28(3) OF SEBI (DELISTING) REGULATIONS, 2021 IN MATTER OF HEXA TRADEX LTD.
DID NOT GIVE REASONED RECOMMENDATIONS TO BOARD FOR ACCEPTING DELISTING PROPOSAL AND HEXA TRADEX LTD. ACTING THROUGH ITS BOARD OF DIRECTORS HAD NOT DONE DUE DILIGENCE TO QUESTION / IDC (COMMITTEE OF INDEPENDENT DIRECTORS) FOR FAILURE TO PROVIDE REASONED RECOMMENDATIONS VIOLATING REGULATION 26(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF HEXA TRADEX LTD
|
IMPOSED PENALTY RS.2,00,000
18-JUN-2024
|
SAT: SAT VIDE ITS ORDER DATED 08/10/2024 GRANTED RESPONDENT THREE WEEKS TO FILE REPLY
SAT: SAT VIDE ITS ORDER DATED 18/12/2024 CONDONED THE DELAY IN FILING OF APPEAL
|
| 705 |
|
|
VINOD HIRAN
(PAN:AAJPH1665F)
|
|
|
CERTIFIED FALSE AND MISLEADING FINANCIAL STATEMENTS VIOLATING CLAUSE 49(IX) OF LISTING AGREEMENT (POST CIRCULAR DATED 17/04/2014) READ WITH REGULATION 103 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BOMBAY DYEING & MANUFACTURING CO.LTD.
|
IMPOSED PENALTY RS.2,00,000
31-OCT-2022
|
SAT: SAT VIDE ITS ORDER DATED 19/12/2022, DIRECTED RESPONDENT TO FILE REPLY WITHIN TWO WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED ON OR BEFORE NEXT DATE. EFFECT AND OPERATION OF IMPUGNED ORDER TO REMAIN STAYED DURING PENDENCY OF APPEAL
|
| 706 |
|
|
VINOD KUMAR GOENKA
(PAN:AEUPG7032A)
|
|
|
|
D B REALTY LTD.
CIN:L70200MH2007PLC166818
PAN:AACCD5174F
|
|
DID NOT INCLUDE MATERIAL/RELEVANT INFORMATION IN POSTAL BALLOT NOTICE IN RESPECT OF GUARANTEE AND SECURITY PROVIDED FOR LOAN VIOLATING CLAUSES 49(I)(A)(2)(A), (3)(A) AND (B)(1)(D) OF ERSTWHILE LISTING AGREEMENT READ WITH SECTION 11A(2) OF SEBI ACT, 1992 AND SECTION 21 OF SCRA, 1956 IN MATTER OF DB REALTY LTD. (NOW KNOWN AS VALOR ESTATE LTD.)
MISREPRESENTED BY PROVIDING FALSE AND MISLEADING INFORMATION VIOLATING CLAUSE 49(I)(D)(2)(H) OF ERSTWHILE LISTING AGREEMENT IN MATTER OF DB REALTY LTD. (NOW KNOWN AS VALOR ESTATE LTD.)
PUBLISHED FALSE FINANCIAL STATEMENTS VIOLATING CLAUSES 49(I)(A)(2)(A), (3)(A), (B)(1)(D) AND 49(I)(D)(2)(H) OF SEBI LISTING AGREEMENT READ WITH SECTION 11A(2) OF SEBI ACT, 1992 AND SECTION 21 OF SCRA, 1956 READ WITH SECTION 2(60) OF SEBI COMPANIES ACT, 2013, SECTION 27 OF SEBI ACT, 1992 AND SECTION 24 OF SCRA, 1956 IN MATTER OF DB REALTY LTD. (NOW KNOWN AS VALOR ESTATE LTD.)
DID NOT MAKE DISCLOSURE OF MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES VIZ., RECEIPT OF NOTICE UNDER SECTION 13(2) OF SARFAESI ACT, 2002 IN MATTER OF DB REALTY LTD. (NOW KNOWN AS VALOR ESTATE LTD.)
FURNISHED FALSE CERTIFICATE WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING CLAUSE 49 OF LISTING AGREEMENT AND REGULATION 17(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DB REALTY LTD. (NOW KNOWN AS VALOR ESTATE LTD.)
PUBLISHED FALSE FINANCIAL STATEMENTS VIOLATING CLAUSES 49(I)(C)(1)(A), 49(I)(D)(1)(B), (2)(B)(H), 49(IX) AND 50 OF SEBI LISTING AGREEMENT READ WITH SECTION 11A(2) OF SEBI ACT, 1992 AND SECTION 21 OF SCRA, 1956 READ WITH REGULATION 103 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 2(60) OF COMPANIES ACT, 2013, SECTION 27 OF SEBI ACT, 1992 AND SECTION 24 OF SCRA, 1956 IN MATTER OF DB REALTY LTD. (NOW KNOWN AS VALOR ESTATE LTD.)
PUBLISHED FALSE FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(A) TO 4(1)(E), 4(1)(G) TO 4(1)(J), 4(2)(E) (I), 4(2)(F)(I)(2),4(2)(F)(II)(2)(6)(7)(8), 4(2)(F)(III)(1)(2)(3)(6) (12), 17(8), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 11A(2) OF SEBI ACT. 1992 AND SECTION 21 OF SCRA, 1956 READ WITH SECTION 2(60) OF SEBI COMPANIES ACT, 2013, SECTION 27 OF SEBI ACT, 1992 AND SECTION 24 OF SCRA, 1956 IN MATTER OF DB REALTY LTD. (NOW KNOWN AS VALOR ESTATE LTD.)
PUBLISHED FALSE FINANCIAL STATEMENTS VIOLATING REGULATIONS 30, 4(1)(D)(E)(F)(G)(H)(I)(J), 4(2)(B),(D)(IV), 4(2)(F)(II)(2)AND (8) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 11A(2) OF SEBI ACT, 1992 AND SECTION 21 OF SCRA, 1956 READ WITH SECTION 2(60) OF SEBI COMPANIES ACT, 2013, SECTION 27 OF SEBI ACT, 1992 AND SECTION 24 OF SCRA, 1956 IN MATTER OF DB REALTY LTD. (NOW KNOWN AS VALOR ESTATE LTD.)
|
IMPOSED PENALTY RS.5,00,000
04-FEB-2025
|
|
| 707 |
|
|
VIPIN CHOUDHARY
(PAN:AEYPC4464J)
|
|
|
|
SHIRPUR GOLD REFINERY LTD.
PAN:AAACA4896K
|
|
MISREPRESENTED FINANCIAL STATEMENTS/RESULTS AND DID NOT GIVE A TRUE AND FAIR VIEW OF FINANCIAL PERFORMANCE AND POSITION VIOLATING SETIONS 12A(B) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C) TO 3(D), 4(1), 4(2)(F) AND (K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SHIRPUR GOLD REFINERY LTD.
MISPRESENTED FINANCIAL STATEMENTS/RESULTS AND DID NOT GIVE A TRUE AND FAIR VIEW OF FINANCIAL PERFORMANCE AND POSITION VIOLATING REGULATIONS 4(1)(C) TO 4(1)(D) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SHIRPUR GOLD REFINERY LTD.
DID NOT MAKE DISCLOSURE OF MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES VIOLATING SECTIONS 27(1) AND/OR 27(2) READ WITH REGULATIONS 30(2) AND 30(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SHIRPUR GOLD REFINERY LTD.
DID NOT EXERCISE DUE DILIGENCE AS MEMBER OF AUDIT COMMITTEE VIOLATING REGULATION 18(3) READ WITH PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SHIRPUR GOLD REFINERY LTD.
|
DIRECTED TO FILE PUBLIC DISCLOSURE TO THE STOCK EXCHANGES AS WELL AS PUBLISH ON COMPANY’S WEBSITE THE CONTENTS OF THIS ORDER-CUM-SHOW CAUSE NOTICE WITHIN THREE DAYS FROM DATE OF RECEIPT THIS ORDER
DIRECTED TO DISCLOSE UPDATED STATUS OF ALL UNDISCLOSED MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES WITHIN FIFTEEN DAYS FROM DATE OF RECEIPT OF THIS ORDER
DIRECTED NOT TO SELL/DISPOSE OF/DILUTE SHAREHOLDING IN COMPANY, HELD DIRECTLY OR INDIRECTLY THROUGH FAMILY MEMBERS OR THROUGH COMPANIES IN WHICH THEY OR THEIR FAMILY MEMBERS DIRECTORS
25-APR-2023
|
|
| 708 |
|
|
VIPUL MOMAYA
(PAN:ADBPM0538M)
|
|
|
|
SEACOAST SHIPPING SERVICES LTD.
PAN:AACCM2171R
|
|
DID NOT DISCHARGE BASIC DUTY AS DIRECTORS AND MEMBERS OF AUDIT COMMITTEE VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(6), 4(2)(F)(II)(7), 4(2)(F)(II)(8) AND 18(3) READ WITH PARA A OF PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEACOAST SHIPPING SERVICES LTD.
|
RESTRAINED FROM ASSOCIATED WITH ANY LISTED COMPANY AND ANY PUBLIC COMPANY AS DIRECTORS/PROMOTERS WHICH INTENDS TO RAISE MONEY FROM THE PUBLIC AND/OR ANY INTERMEDIARY WITH SEBI FROM 30-SEP-2024 UNTIL FURTHER ORDERS
30-SEP-2024
|
SAT: SAT VIDE ITS ORDER DATED 06/05/2025 EXTENDED TIME TILL 30/09/2025
|
| 709 |
|
|
VIREN MAKWANA
(PAN:CJXPM6600E)
|
|
|
|
SEACOAST SHIPPING SERVICES LTD.
PAN:AACCM2171R
|
|
DID NOT DISCHARGE BASIC DUTY AS DIRECTORS AND MEMBERS OF AUDIT COMMITTEE VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(6), 4(2)(F)(II)(7), 4(2)(F)(II)(8) AND 18(3) READ WITH PARA A OF PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEACOAST SHIPPING SERVICES LTD.
|
RESTRAINED FROM ASSOCIATED WITH ANY LISTED COMPANY AND ANY PUBLIC COMPANY AS DIRECTORS/PROMOTERS WHICH INTENDS TO RAISE MONEY FROM THE PUBLIC AND/OR ANY INTERMEDIARY WITH SEBI FROM 30-SEP-2024 UNTIL FURTHER ORDERS
30-SEP-2024
|
SAT: SAT VIDE ITS ORDER DATED 06/05/2025 EXTENDED TIME TILL 30/09/2025
|
| 710 |
|
|
VIRENDER KUMAR GUPTA
(PAN:AEXPG9500L)
|
|
|
|
SVAM SOFTWARE LTD.
CIN:L72200DL1992PLC047327
PAN:AAACS0292B
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF SVAM VIOLATING SECTIONS 12A (A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1) AND 4(2)(F) & (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SVAM SOFTWARE LTD.
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF SVAM VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(1) (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SVAM SOFTWARE LTD.
ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SVAM SOFTWARE LTD.
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF SVAM SOFTWARE 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 07-OCT-2021 TO 06-OCT-2022
IMPOSED PENALTY RS.5,00,000
07-OCT-2021
|
SAT: SAT VIDE ITS ORDER DATED 11/01/2022 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER. IN THE MEANWHILE, DEBARMENT OF THE APPELLANTS TO REMAIN STAYED PROVIDED THEY DEPOSIT FIFTY PERCENT OF THE PENALTY AMOUNT WITHIN THREE WEEKS FROM TODAY
|
| 711 |
|
|
VISHAL M.AHUJA
(PAN:ATKPA0926E)
|
|
|
MISREPRESENTED FINANCIALS BY FICTITIOUS PURCHASES & SALES AND
DIVERSION OF FUNDS TO CONNECTED ENTITIES BY MAKING PAYMENT TOWARDS FICTITIOUS PURCHASES
MISREPRESENTED CLOSING BALANCES
DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONIN ANNUAL REPORT
TRANSACTED WITH CONNECTED VENDORS AT NOMINAL PROFIT OR AT LOSS
DIVERTED FUNDS BY IMPROPER WRITE OFF OF PAYMENTS AND BALANCES
UNREASONABLE WRITE OFF FOR PROJECT WORK IN PROGRESS (WIP)
DID NOT RECOVER HIGH AGEING ADVANCES RESULTING IN MISUTILISATION OF FUNDS
DID NOT DOCUMENT PURCHASE AND SALE OF FIXED ASSETS WITH CONNECTED ENTITIES
|
IMPOSED PENALTY RS.25,00,000
18-SEP-2023
|
SAT: SAT VIDE ITS ORDER DATED 12/01/2024 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY AND THREE WEEKS TO FILE REJOINDER THEREAFTER
SEBI VIDE ITS NOTICE DATED 02/02/2024 DIRECTED TO PAY RS.26,51,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
|
| 712 |
|
|
VISHAL PANCHAL
(PAN:AKGPP9947F)
(Along with : VINEET PANDEY,
JITENDRA ADHYARU)
|
|
|
|
KAARYA FACILITIES & SERVICES LTD.
PAN:AADCK5987G
|
|
INDULGED IN MISREPRESENTATION/MISSTATEMENT OF FINANCIAL STATEMENTS VIOLATING REGULATIONS 44(1)(A) TO 44(1)(C), 4(2)(E), 33(1)(A), 33(1)(C), 34(3),48, 53(1) AND 71(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF KAARYA FACILITIES & SERVICES LTD.
|
IMPOSED PENALTY RS.6,00,000 ALONG WITH OTHER ENTITIES/PERSONS
28-MAR-2024
|
|
| 713 |
|
|
VISHAL PANCHAL
(PAN:AKGPP9947F)
|
|
|
|
KAARYA FACILITIES & SERVICES LTD.
PAN:AADCK5987G
|
|
DID NOT ADHERE TO CORPORATE GOVERNANCE REPORT VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(6), 4(2)(F)(II)(7) AND 4(2)(F)(III)(7) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF KAARYA FACILITIES & SERVICES LTD.
|
IMPOSED PENALTY RS.1,00,000
28-MAR-2024
|
|
| 714 |
|
|
VISHAL SHAH
(PAN:AALPS6882P)
|
|
|
|
TREE HOUSE EDUCATION & ACCESSORIES LTD.
PAN:AACCT4932H
|
|
INDULGED IN MANIPULATION IN BOOKS OF ACCOUNTS, MISREPRESENTATION OF FINANCILAS AND/OR BUSINESS OPERATIONS AND WRONGFUL DIVERSIONS/SIPHONING OF FUNDES FROM THE F.Y.2011-12 IN MATTER OF TREE HOUSE EDUCATION & ACCESSORIES LTD.
INDULGED IN MANIPULATION IN BOOKS OF ACCOUNTS, MISREPRESENTATION OF FINANCILAS AND/OR BUSINESS OPERATIONS AND WRONGFUL DIVERSIONS/SIPHONING OF FUNDES FROM THE F.Y.2011-12 VIOLATING REGULATION 4(1) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 IN MATTER OF TREE HOUSE EDUCATION & ACCESSORIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 07-MAR-2018 TILL FURTHER ORDERS
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 07-MAR-2018 TILL FURTHER ORDERS
DIRECTED NSE TO APPOINT INDEPENDENT AUDITOR/AUDIT FIRM TO CONDUCT DETAILED FORENSIC AUDIT OF BOOKS OF ACCOUNTS OF TREE HOUSE FOR F.Y.2011-12 ONWARDS
07-MAR-2018
|
SEBI VIDE ITS ORDER DATED 16/11/2018 CONFIRMED DIRECTIONS ISSUED VIDE ITS AD-INTERIM EX-PARTE ORDER DATED 07/03/2018
SEBI VIDE ITS ORDER DATED 28/07/2022 VACATED ITS AD INTERIM EX-PARTE ORDER DATED 07/03/2018 AND CONFIRMATORY ORDER DATED 16/11/2018
|
| 715 |
|
|
VISHNU PERUVAMBA
(PAN:ALAPS3550J)
|
|
|
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF BOMBAY DYEING & MANUFACTURING CO.LTD.
ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BOMBAY DYEING & MANUFACTURING CO.LTD.
|
IMPOSED PENALTY RS.2,00,000
31-OCT-2022
|
SAT: SAT VIDE ITS ORDER DATED 19/12/2022, DIRECTED RESPONDENT TO FILE REPLY WITHIN TWO WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED ON OR BEFORE NEXT DATE. EFFECT AND OPERATION OF IMPUGNED ORDER TO REMAIN STAYED DURING PENDENCY OF APPEAL
|
| 716 |
|
|
VISHWAMURTHY PHALANETRA
(PAN:AANPV2162M)
|
|
|
|
CEREBRA INTEGRATED TECHNOLOGIES LTD.
PAN:AAACC5941K
|
|
INDULGED IN MISUTILISATION/ DIVERSION/ MISAPPROPRIATION OF FUNDS AND PUBLISED OF MANIPULATED/ MISREPRESENTED/MISSTATED FINANCIAL STATEMENTS VIOLATING SECTION 27(1) OF SEBI ACT. 1992 AND REGULATIONS 4(1), 4(2)(E), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI(PFUTP) REGULATIONS, 2003IN MATTER OF CEREBRA INTEGRATED TECHNOLOGY LTD.
CERTIFIED FALSE AND MISLEADING FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF CEREBRA INTEGRATED TECHNOLOGY LTD.
INDULGED IN MISUTILISATION/ DIVERSION/ MISAPPROPRIATION OF FUNDS AND PUBLISED OF MANIPULATED/ MISREPRESENTED/MISSTATED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(6) 4(2)(F)(II)(7), 4(2)(F)(III)(1), 4(2)(F)(III)(3), 4(2)(F)(III)(6), 4(2)(F)(III)(7) AND 4(2)(F)(III) (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF CEREBRA INTEGRATED TECHNOLOGY 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 30-JAN-2025 TO 29-JAN-2028
IMPOSED PENALTY RS.15,00,000
PROHIBITED FROM HOLDING ANY POSITION AS DIRECTOR OR KEY MANAGERIAL PERSON OF ANY OTHER LISTED COMPANY FROM 30-JAN-2025 TO 29-JAN-2028
30-JAN-2025
|
SAT: SAT VIDE ITS ORDER DATED 21/04/2025 ALLOWED RESPONDENT FOUR WEEKS TO FILE REPLY AND REJOINDER, IF ANY, TO BE FILED WITHIN TWO WEEKS THEREAFTER. STAYED RECOVERY OF PENALTY SUBJECT TO DEPOSIT 50% AMOUNT
|
| 717 |
|
|
VIVEK TALWAR
(PAN:AAAPT3994Q)
|
|
|
|
NITCO LTD.
PAN:AAACN1674N
|
|
ALLEGED CERTIFICATION OF INCORRECT COMPLIANCE CERTIFICATES VIOLATING REGULATION 17(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF NITCO LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.68,25,000 VIDE CONSENT ORDER)
28-FEB-2025
|
|
| 718 |
|
|
YEPURI SRINIVASA RAO
(PAN:AAEPY9390B)
|
|
|
|
BRIGHTCOM GROUP LTD.
PAN:AAACL5827B
|
|
DID NOT ADHERE TO PREPARATION AND PRESENTATION OF FINANCIAL STATEMENTS AS REQUIRED UNDER IND AS 36 VIOLATING REGULATIONS 4(1)(A) TO 4(1)(E), 4(1)(G) TO 4(1)(J), 4(2)(E)(I), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
DID NOT MAKE DISCLOSURES W.R.T. EVENTS AND CIRCUMSTANCES THAT LED TO RECOGNITION OF IMPAIRMENT LOSS IN PREPARATION AND PRESENTATION OF FINANCIAL STATEMENTS AS REQUIRED UNDER IND AS 36 VIOLATING REGULATIONS 4(1)(A) TO 4(1)(E), 4(1)(G) TO 4(1)(J), 4(2)(E)(I), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
DID NOT CARRY OUT ANNUAL IMPAIRMENT TESTING IN PREPARATION AND PRESENTATION OF FINANCIAL STATEMENTS AS REQUIRED IND AS 36 VIOLATING REGULATIONS 4(1)(A) TO 4(1)(E), 4(1)(G) TO 4(1)(J), 4(2)(E)(I), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
DID NOT RECOGNIZE IMPAIRMENT LOSS W.R.T. ITS INVESTMENTS IN SUBSIDIARY DESPITE INDICATION OF IMPAIRMENT IN PREPARATION AND PRESENTATION OF FINANCIAL STATEMENTS AS REQUIRED IND AS 36 VIOLATING REGULATIONS 4(1)(A) TO 4(1)(E), 4(1)(G) TO 4(1)(J), 4(2)(E)(I), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
DID NOT ADHERE TO PREPARATION AND PRESENTATION OF FINANCIAL STATEMENTS AS REQUIRED IND AS 26 AND IND AS 38 VIOLATING REGULATIONS 4(1)(A) TO 4(1)(E), 4(1)(G) TO 4(1)(J), 4(2)(E)(I), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES REGARDING FACT OF INITIATION OF FORENSIC AUDIT VIOLATING REGULATIONS 30(1), 30(2) AND 30(6) READ WITH CLAUSE 17 SCHEDULE III PARA A OF PART A OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
SUBMITTED INCORRECT AND MISLEADING SHAREHOLDING PATTERN TO STOCK EXCHANGES VIOLATING REGULATIONS 4(1)(C), (H) AND 31(1)(B) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SEBI CIRCULAR NO.CIR/CFD/CMD/13/2015 DATED 30/11/2015 IN MATTER OF BRIGHTCOM GROUP LTD.
ISSUED FALSE AND MISLEADING PRESS RELEASE REGARDING APPOINTMENT OF INTERNAL AUDITOR VIOLATING REGULATIONS 4(1)(C) AND (H) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
DID NOT REVIEW QUARTERLY CONSOLIDATED RESULTS BY STATUTORY AUDITORS VIOLATING REGULATION 33(3)(H) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
DID NOT ENSURE THAT THE CONSTITUTION OF AUDIT COMMITTEE ACCORDANCE WITH REGULATORY REQUIREMENTS VIOLATING REGULATION 18(1)(B) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
DID NOT APPOINT AT LEAST ONE INDEPENDENT DIRECTOR FROM ITS BOARD AS DIRECTOR ON BOARD OF DIRECTORS OF THREE UNLISTED MATERIAL SUBSIDIARIES VIOLATING REGULATION 24(1) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
DID NOT PUBLISH STANDALONE FINANCIAL STATEMENTS OF ITS SUBSIDIARIES ON ITS WEBSITE VIOLATING REGULATION 4(1)(D),(G), (H), (I), (J) AND 46(2) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES IN RESPECT OF IMPACT OF INTRODUCTION OF GENERAL DATA PROTECTION REGULATION (GDPR) ON FUNCTIONING OF COMPANY VIOLATING REGULATION 30 READ WITH CLAUSE 7 OF PARA B OF PART A OF SCHEDULE III OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES IN RESPECT OF INTRODUCTION OF GENERAL DATA PROTECTION REGULATION (GDPR) AS THREATS, OUTLOOK, RISKS OR CONCERNS IN MANAGEMENT DISCUSSION AND ANALYSIS VIOLATING REGULATION 34(2)(3) AND SCHEDULE V OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
DID NOT DISCHARGE DUTY AS CHIEF FINANCIAL OFFICER AND/OR CHIEF EXECUTIVE OFFICER VIOLATING REGULATIONS 4(2)(F)(I)(2) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
DID NOT ADHERE TO PREPARATION AND PRESENTATION OF FINANCIAL STATEMENTS AS REQUIRED IND AS 26 VIOLATING CLAUSES 49(I)(C)(1)(A) AND 50 OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF BRIGHTCOM GROUP LTD.
SUBMITTED INCORRECT AND MISLEADING SHAREHOLDING PATTERN TO STOCK EXCHANGES VIOLATING CLAUSE 35 OF ERSTWHILE LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF BRIGHTCOM GROUP LTD.
DID NOT PRESENT TRUE AND FAIR FINANCIAL STATEMENTS VIOLATING CLAUSE 49(IX) OF ESRTWHILE LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF BRIGHTCOM GROUP LTD.
DID NOT MAINTAIN STRUCTURED DIGITAL DATABASE (SDD) CONTAINING NAMES OF SUCH PERSONS OR ENTITIES WITH WHOM UPSI WAS SHARES VIOLATING REGULATION 3(5) OF SEBI (PIT) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
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DIRECTED NOT TO SELL/DISPOSE OF/DILUTE SHAREHOLDING IN COMPANY, HELD DIRECTLY OR INDIRECTLY THROUGH FAMILY MEMBERS OR THROUGH COMPANIES IN WHICH THEY OR THEIR FAMILY MEMBERS DIRECTORS
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 06-FEB-2025 TO 05-FEB-2026
RESTRAINED FROM HOLDING ANY POSITION OF DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY OR ANY INTERMEDIARY REGISTERED WITH SEBI AND FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY OR PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC OR ANY INTERMEDIARY REGISTERED WITH SEBI FROM 06-FEB-2025 TO 05-FEB-2026
IMPOSED PENALTY RS.2,00,00,000
13-APR-2023
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SEBI VIDE ITS ORDER DATED 06/02/2025 DIRECTED TO A) RESTRAINED FROM ACCESSING SECURITIES MARKET AND PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER, WHATSOEVER, FOR ONE YEAR FROM DATE OF THIS ORDER B) RESTRAINED FROM BEING ASSOCIATED WITH SECURITIES MARKET, IN ANY MANNER WHATSOEVER, INCLUDING AS A DIRECTOR OR KEY MANAGERIAL PERSONNEL IN A LISTED COMPANY OR AN INTERMEDIARY REGISTERED WITH SEBI OR A PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC IN THE SECURITIES MARKET FOR ONE YEAR FROM DATE OF THIS ORDER C) IMPOSED PENALTY OF RS.2 CRORE U/S 15A(B), 15A(C), 15HA, 15HB OF SEBI ACT. AND U/S 23H OF SCRA TO BE PAID WITHIN FORTY-FIVE (45) DAYS FROM DATE OF RECEIPT OF THIS ORDER
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| 719 |
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YOGESH KUMAR GOYAL
(PAN:ASXPG1218M)
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URJA GLOBAL LTD.
PAN:AAACC0367M
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DISCLOSED FALSE INFORMATION VIOLATING REGULATIONS 3(D), 4(1), 4(2)(K) AND 4(2)(R) READ WITH REGULATIONS 2(1)(B) AND 2(1)(C) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF URJA GLOBAL LTD.
DID NOT MAINTAIN HIGH ETHICAL STANDARDS AND TO TAKE INTO ACCOUNT INTEREST OF STAKEHOLDERS VIOLATING REGULATIONS 4(2)(F)III(3), 4(2)(F) III(6), 4(2)(F) III(7), 4(2)(F) III(12) AND 4(2)(F)III(13) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF URJA GLOBAL LTD.
DID NOT MAINTAIN OPERATIONAL TRANSPARENCY AND ETHICAL STANDARDS IN COMPANY VIOLATING REGULATION 26(3) OF SEBI (LODR) REGULATIONS, 2015 READ WITH CLAUSES A, C & H AND CLAUSES 1 TO 3 OF DUTIES OF DIRECTORS SECTION IN COMPANY’S CODE OF CONDUCT IN MATTER OF URJA GLOBAL LTD.
DISCREPANCIES IN ANNUAL REPORT/ DIRECTORS’ REPORT SIGNED BY WHOLE TIME DIRECTORS VIOLATING REGULATIONS 4(2)(F)I(2), 4(2)(F)II(8) AND 4(2)(F)III(6) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF URJA GLOBAL LTD.
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IMPOSED PENALTY RS.10,00,000
29-JAN-2025
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SAT: SAT VIDE ITS ORDER DATED 05/05/2025 GRANTED RESPONDENT SIX WEEKS TO FILE REPLY AND REJOINDER, IF ANY, BE FILED WITHIN TWO WEEKS THEREAFTER. STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% OF PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
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| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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