| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 61 |
|
RIDDHI SHAH
(PAN:AMJPS6412M)
|
|
|
DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
25-APR-2025
|
|
| 62 |
|
|
RISHABH SHARMA
(PAN:BBAPS9060E)
|
|
|
DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
25-APR-2025
|
|
| 63 |
|
|
ROHAN SHAH
(PAN:AULPS1944G)
|
|
|
DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
25-APR-2025
|
|
| 64 |
|
|
SANDEEP SUBHASHBHAI BORSE
(PAN:APWPB6279B)
|
|
|
CONCEALED INFORMATION IN APPLICATION FORM FOR GRANT OF REGISTRATION CERTIFICATE
ACTED AS INVESTMENT ADVISER WITHOUT SEBI REGISTRATION
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
29-DEC-2023
|
|
| 65 |
|
|
SHAZIA RAHIMTOOLA
(PAN:AVXPR6938P)
|
|
|
DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
25-APR-2025
|
|
| 66 |
|
|
SHRUTI BANSAL
(PAN:AOKPB2147P)
|
|
|
DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
25-APR-2025
|
|
| 67 |
|
|
SONIKA NAMDHARANI
(PAN:AXWPN9795L)
|
|
|
|
FINCAP RESEARCH INVESTMENT ADVISOR
PAN:AXWPN9795L
|
|
ALLOWED UNREGISTERED PERSON TO ACT AS INVESTMENT ADVISOR
OBTAINED INVESTMENT ADVISOR REGISTRATION BY SUBMITTING FAKE EXPERIENCE CERTIFICATES
ENGAGED REPRESENTATIVES TO RENDERING INVESTMENT ADVICE WITHOUT ADEQUATE QUALIFICATIONS AND/OR REGISTRATION AND INFORMATION TO SEBI
DID NOT RENEW NISM REGISTRATION
MISREPRESENTED CLIENTS THAT PRODUCTS IN FUTURES AND OPTIONS SEGMENTS GAVE REGULAR INCOME
DID NOT OBTAIN ANY SUPPORTING DOCUMENTS/EVIDENCE FROM CLIENTS WHILE DOING RISK PROFILING OF CLIENTS
SOLD ADVISORY SERVICES/PRODUCTS TO CLIENTS WITHOUT ENSURING SUITABILITY OF ADVICE ACCORDING TO THEIR RISK PROFILE
SOLD HIGH FEES PRODUCT WITHOUT CONSIDERING ANNUAL INCOME AND PROPOSED INVESTMENT VALUE
DID NOT HAVE ANY PRODUCTS/SERVICES DESIGNED BY ITS OWN
SOLD MULTIPLE PRODUCTS AND CHARGED UNREASONABLE FEES AND/OR SERVICE CHARGE
CHARGED ADVISORY FEES BEFORE EXPIRY OF TENURE OF EXISTING SERVICE/COLLETING MULTIPLE PAYMENTS IN SHORT PERIOD
DID NOT MAINTAIN RECORDS OF COMMUNICATION WITH CLIENTS DURING RISK PROFILING AND SUITABILITY ASSESSMENT OF ADVICE/SELECTION OF ADVISORY PRODUCT/SERVICES
DID NOT PROVIDE DOCUMENTS WITH REGARD TO DATE AND SUBJECT OF TRAINING, NUMBER OF PARTICIPANTS, MATERIALS DISTRIBUTED, ATTENDANCE SHEET OF EMPLOYEES ETC.
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
17-JUL-2023
|
|
| 68 |
|
|
SOURABH SHARMA
(PAN:AWTPS8366C)
|
|
|
DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
25-APR-2025
|
|
| 69 |
|
|
TANU THUKRAL
(PAN:AMGPT6750L)
|
|
|
DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
25-APR-2025
|
|
| 70 |
|
|
TARUN CHANDANI
(PAN:BBDPC8554N)
|
|
|
|
FLANKING RESEARCH & INVESTMENT ADVISOR
PAN:BBDPC8554N
|
|
DID NOT CO-OPERATE AND NOT SUBMITTED DOCUMENTS DURING INSPECTION
DID NOT INTIMATE SEBI ABOUT MATERIAL CHANGE IN INFORMATION
DID NOT REDRESS INVESTOR COMPLAINTS
PROVIDED ADVICE WITHOUT PROPER RATIONALE TO RISK PROFILE OF CLIENTS
CHARGED UNREASONABLE, ARBITRARILY AND INCONSISTENT FEE
PROMISED ASSURED/GUARANTEE RETURNS/PROFITS TO CLIENTS
NOT A FIT & PROPER PERSON TO ACT AS AN INVESTMENT ADVISOR
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
19-DEC-2022
|
|
| 71 |
|
|
UDAY BANSAL
(PAN:AJOPB8353Q)
|
|
|
DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
25-APR-2025
|
|
| 72 |
|
|
VAIBHAV SHARMA
(PAN:EHVPS8595A)
|
|
|
|
STOCKEY INVESTMENT ADVISORS
PAN:EHVPS8595A
|
|
DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
25-APR-2025
|
|
| 73 |
|
|
VARUN RUIA
(PAN:ARWPR3399G)
|
|
|
DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
25-APR-2025
|
|
| 74 |
|
|
VEER BHARTIYA
(PAN:ALEPB7617F)
|
|
|
DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
25-APR-2025
|
|
| 75 |
|
|
VICKY KAMARIYA
(PAN:AWDPK4671L)
|
|
|
|
MONEY MARKET MANTHAN FINANCIAL SERVICES
PAN:AWDPK4671L
|
|
DID NOT PROVIDE INFORMATION TO SEBI
DIVULGED SENSITIVE/CONFIDENTIAL CLIENT INFORMATION TO THIRD PARTY
PROMISED ASSURED/GUARANTEE RETURNS/PROFITS TO CLIENTS
SOLD ADVISORY SERVICES/PRODUCTS TO CLIENTS HAVING DIFFERENT NAMES BUT SAME FEATURE
DID NOT HAVE REQUISITE NISM CERTIFICATES AT ALL TIMES TO PROVIDE INVESTMENT ADVICE
DID NOT MAINTAIN RECORDS OF COMMUNICATION WITH CLIENTS DURING RISK PROFILING AND SUITABILITY ASSESSMENT OF ADVICE/SELECTION OF ADVISORY PRODUCT/SERVICES
SOLD MULTIPLE PRODUCTS AND CHARGED UNREASONABLE FEES AND/OR SERVICE CHARGE
DID NOT MAKE DISCLOSURE TO CLIENTS OF ALL MATERIAL FACTS/INFORMATION ABOUT BUSINESS, DISCIPLINARY HISTORY, AFFILIATION WITH OTHER INTERMEDIARIES
DID NOT REDRESS INVESTOR COMPLAINTS
DID NOT FURNISH ACTION TAKEN REPORT IN CONNECTION WITH REDRESSAL OF INVESTOR’S GRIEVANCES IN STIPULATED TIME
DID NOT APPOINT PRINCIPAL OFFICER
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
14-JUL-2023
|
|
| 76 |
|
|
VIKRAM MALHOTRA
(PAN:AGBPM9919P)
|
|
|
DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
25-APR-2025
|
|
| 77 |
|
|
VINEET VIMAL JAIN
(PAN:AEMPJ9471N)
|
|
|
DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
25-APR-2025
|
|
| 78 |
|
|
VIPUL RATAN
(PAN:AGHPR8935Q)
|
|
|
DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
25-APR-2025
|
|
| 79 |
|
|
YOGESH KADAM
(PAN:BLLPK9780Q)
|
|
|
DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
25-APR-2025
|
|
| 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 4 of 4
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