| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 861 |
|
TRIUMPH INTERNATIONAL FINANCE INDIA LTD.
(PAN:AAACE0308A)
(Member : NSE)
|
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AS REQUIRED UNDER REGULATION 7 OF SEBI TAKEOVER CODE, 1997 IN MATTER OF ACQUISITION OF SHARES MORE THAN 5% OF ADANI EXPORTS LTD.
|
IMPOSED PENALTY RS.5,00,000
30-JUN-2009
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 30/06/2009 SET ASIDE WITH NO ORDER AS TO COSTS
|
| 862 |
|
|
TRIVENI MANAGEMENT CONSULTANCY SERVICES LTD.
(PAN:AABCT4249C)
(Member : BSE/NSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND NOT COMPLIED WITH STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(2) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992
|
IMPOSED PENALTY RS.1,50,000
06-JUN-2013
|
SAT: SAT VIDE ITS ORDER DATED 10/10/2013 MODIFIED SEBI'S ORDER DATED 06/06/2013 BY REDUCING PENALTY AMOUNT TO RS.50,000.00 FROM RS.1,50,000.00. NO ORDER AS TO COSTS
SAT: APPEAL DISMISSED WITH NO ORDER AS TO COSTS
|
| 863 |
|
|
TRIVENI MANAGEMENT CONSULTANCY SERVICES LTD.
(PAN:AABCT4249C)
(Member : NSE/BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED, STRUCTURED, CIRCULAR AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF ASIAN STAR CO.LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, NOT EXERCISING DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES AND NOT COMPLYING WITH STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF ASIAN STAR CO.LTD.
|
IMPOSED PENALTY RS.25,00,000
13-DEC-2012
|
SAT: APPEAL DISMISSED. NO COSTS
SEBI VIDE ITS NOTICE DATED 14/11/2014 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
|
| 864 |
|
|
TRIVENI MANAGEMENT CONSULTANCY SERVICES LTD.
(PAN:AABCT4249C)
(Member : BSE)
|
|
|
AIDED AND ABETTED ITS CLIENTS IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED, STRUCTURED AND CIRCULAR TRANSACTIONS IN SCRIPS OF ALLCARGO GLOBAL LOGISTICS LTD., ASIAN STAR CO.LTD., KSL & INDUSTRIES LTD., MAVENS BIOTECH LTD., PANORAMIC UNIVERSAL LTD., RASI ELECTRODES LTD., SAT INDUSTRIES LTD., USHDEV INTERNATIONAL LTD., KBS CAPITAL MANAGEMENT LTD., LOTUS EYE CARE HOSPITALS LTD., MVL LTD. AND ANIL PRODUCTS LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF ALLCARGO GLOBAL LOGISTICS LTD., ASIAN STAR CO.LTD., KSL & INDUSTRIES LTD., MAVENS BIOTECH LTD., PANORAMIC UNIVERSAL LTD., RASI ELECTRODES LTD., SAT INDUSTRIES LTD., USHDEV INTERNATIONAL LTD., KBS CAPITAL MANAGEMENT LTD., LOTUS EYE CARE HOSPITALS LTD., MVL LTD. AND ANIL PRODUCTS LTD.
|
IMPOSED PENALTY RS.1,50,000
09-JAN-2013
|
SAT: SAT VIDE ITS ORDER DATED 31/10/2013 REDUCED THE PENALTY AMOUNT TO RS.50,000.00 FROM RS.1,50,000.00. NO COSTS
|
| 865 |
|
|
TROPICAL SECURITIES & INVESTMENTS PVT.LTD.
(PAN:AAACT1670N)
(Member : BSE)
|
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATION 7 OF SEBI TAKEOVER CODE, 1997 IN MATTER OF ACQUISITION OF SHARES OF PRUDENTIAL PHARMACEUTICALS LTD.
|
IMPOSED PENALTY RS.2,50,000
17-DEC-2012
|
SAT: SAT VIDE ITS ORDER DATED 02/04/2013 MODIFIED SEBI'S ORDER DATED 17/12/2012 BY REDUCING PENALTY AMOUNT TO RS.1 LAC FROM RS.2.50 LACS. NO COSTS
|
| 866 |
|
|
TWENTY FIRST CENTURY SHARES & SECURITIES LTD.
(PAN:AAACT2542D)
(Member : NSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE VIOLATING REGULATION 9 READ WITH CLAUSE A(2) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF ZYLOG SYSTEMS LTD.
|
IMPOSED PENALTY RS.2,00,000
28-MAY-2020
|
|
| 867 |
|
|
UJALA FINSTOCK PVT.LTD.
(CIN:U65910GJ1994PTC023636)
(Member : ASE)
|
|
|
DID NOT PRODUCE BOOKS OF ACCOUNTS TO SEBI FOR INSPECTION
|
IMPOSED PENALTY RS.3,00,000
09-JAN-2001
|
SAT: IMPUGNED ORDER MODIFIED BY REDUCING PENALTY AMOUNT TO RS.1,00,000 FROM RS.3,00,000
|
| 868 |
|
|
UKS FOREX PVT.LTD.
(PAN:AAACU4567D)
(Member : MCX/NSE/USEIL)
|
|
|
DID NOT OBTAIN PRIOR APPROVAL FROM SEBI FOR CHANGE IN CONTROL OF SHAREHOLDING AS REQUIRED UNDER REGULATION 6A (1) (C) (NOW BECOME 9(C)) OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSE A (5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992
DID NOT ADHERE TO SEBI CIRCULAR CIR/MIRSD/2/2011 DATED 03/06/2011
|
IMPOSED PENALTY RS.4,00,000
29-SEP-2015
|
|
| 869 |
|
|
UNICON SECURITIES PVT.LTD.
(CIN:U74899DL1995PTC064554
PAN:AAPFS5325P)
(Member : BSE/NSE)
|
|
|
|
GAJENDRA NAGPAL
PAN:AADPN5511A
|
|
|
NEERAJ GROVER
PAN:AFDPG2918P
|
|
|
RAM MOHAN GUPTA
PAN:AGDPG7175M
|
|
|
SONIA NAGPAL
PAN:AAGPN2936G
|
|
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT SETTLE CLIENT’S FUNDS AND/OR SECURITIES
DID NOT HAVE PERIODIC INTERNAL AUDIT CONDUCTED OF ITS STOCK BROKING AND DEPOSITORY PARTICIPANT OPERATIONS
DID NOT OBTAIN PRIOR APPROVAL FROM SEBI FOR THE CHANGE IN MANAGEMENT AND CONTROL
EXTENDED MARGIN TRADING FACILITY TO ITS CLIENTS WITHOUT OBTAINING REQUISITE APPROVAL FROM STOCK EXCHANGES
DID NOT CARRY OUT ACTUAL PERIODIC SETTLEMENT OF FUNDS AND SECURITIES OF ITS CLIENTS
INDULGED IN UNAUTHORISED FUND-BASED ACTIVITIES
DEALT IN SECURITIES IN FRAUDULENT & UNFAIR MANNER AND DEFRAUDED INVESTORS IN SECURITIES VIOLATING SECTIONS 12A(B) AND 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A), 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003
|
IMPOSED PENALTY RS.15,00,000
30-AUG-2022
|
SEBI VIDE ITS NOTICE DATED 16/05/2025 DIRECTED TO PAY RS.26,61,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
|
| 870 |
|
|
UNICON SECURITIES PVT.LTD.
(CIN:U74899DL1995PTC064554
PAN:AAPFS5325P)
(Member : BSE/NSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND DIN NOT COMPLY WITH STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(2) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF ASHUTOSH PAPER MILLS LTD. (NOW KNOWN AS TRIDEV INFRAESTATES LTD.)
|
IMPOSED PENALTY RS.1,50,000
26-APR-2018
|
SEBI VIDE ITS NOTICE DATED 24/08/2021 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
SEBI VIDE ITS ORDER DATED 08/09/2021 DIRECTED ALL THE BANKS TO REMIT ENTIRE AMOUNT TO THE EXTENT LYING IN THE BANK AND TERM DEPOSIT ACCOUNTS OF UNICON SECURITIES PVT.LTD. TO SEBI BY WAY OF EFT/NEFT/RTGS
|
| 871 |
|
|
UPSE SECURITIES LTD.
(PAN:AAACU6058K)
(Member : BSE/NSE)
|
|
|
ALLOWED TERMINAL TO UNAUTHORISED USERS
FAILED TO COMPLY WITH THE UNIQUE CLIENT CODE AS PRESCRIBED BY SEBI
|
IMPOSED PENALTY RS.2,00,000
31-MAY-2011
|
SAT: APPEAL ALLOWED WITH NO ORDER AS TO COSTS
|
| 872 |
|
|
UTTAM FINANCIAL SERVICES LTD.
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF KARUNA CABLES LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
|
IMPOSED PENALTY RS.5,00,000
22-MAY-2009
|
|
| 873 |
|
|
UTTAM FINANCIAL SERVICES LTD.
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR TRANSACTIONS/REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF GRAVITY INDIA LTD.
FAILED IN MAINTAINING INTEGRITY, INDULGED IN MANIPULATIVE ACTIVITIES AND NOT COMPLIED WITH STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF GRAVITY INDIA LTD.
|
IMPOSED PENALTY RS.7,00,000
18-AUG-2009
|
INCLUDED IN SEBI LIST DATED 31/12/2009, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 874 |
|
|
V.G.CAPITAL MARKET PVT.LTD.
(PAN:AAACV9904D)
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS AND REVERSAL OF TRADE TRANSACTIONS IN SCRIPS OF HITECH GEARS LTD. AND MUNJAL SHOWA LTD.
|
IMPOSED PENALTY RS.50,000
29-APR-2009
|
SAT: APPEAL FAILED AND DISMISSED WITH NO ORDER AS TO COSTS
|
| 875 |
|
|
V.R.M.SHARE BROKING PVT.LTD.
(Member : NSE)
|
|
|
DID NOT PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF GUJARAT GAS COMPANY LTD.
|
IMPOSED PENALTY RS.1,50,000
19-MAY-2010
|
SAT: APPEAL DISMISSED AS WITHDRAWN
|
| 876 |
|
|
VAIBHAV STOCK & DERIVATIVES BROKING PVT.LTD.
(PAN:AABCV8124A)
(Member : NSE/BSE)
|
|
|
|
PANKAJ DOLATRAI SHAH
PAN:AAFPS1913H
|
|
|
RAJENDRA DOLATRAI SHAH
PAN:AAFPS1910E
|
|
COLLUDED WITH CLIENTS TO EXECUTE PREDETERMINED TRADES TO SQUARED OFF THE TRADES AND BOOK PROFITS/LOSSES IN MATTER OF INDEX OPTIONS CONTRACTS OF NIFTY
DID NOT CARRY OUT NECESSARY DUE DILIGENCE AND COMPLIANCE WITH STATUTORY REQUIREMENTS WHILE DEALING WITH CLIENTS IN MATTER OF INDEX OPTIONS CONTRACTS OF NIFTY
|
IMPOSED PENALTY RS.6,00,000
30-AUG-2024
|
|
| 877 |
|
|
VASANTI SHARE BROKERS LTD.
(PAN:AABCV7604F)
(Member : NSE)
|
|
|
DID NOT SETTLE RUNNING ACCOUNTS OF ACTIVE AND/OR INACTIVE CLIENTS
|
IMPOSED PENALTY RS.5,00,000
19-NOV-2018
|
|
| 878 |
|
|
VCK SHARE & STOCK BROKING SERVICES LTD.
(CIN:U67110WB1989PLC046799
PAN:AAACV8988P)
(Member : NSE)
|
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT SETTLE RUNNING ACCOUNTS OF ACTIVE AND/OR INACTIVE CLIENTS
INCORRECT REPORTING OF MARGIN TO STOCK EXCHANGES
|
IMPOSED PENALTY RS.7,00,000
25-OCT-2019
|
|
| 879 |
|
|
VED BROTHERS SECURITIES PVT.LTD.
(PAN:AABCN2375H)
(Member : BSE/NSE)
|
|
|
DID NOT PROVIDE INFORMATION/DOCUMENTS OF SETTLEMENT OF RUNNING ACCOUNTS OF CLIENTS AND PROOF OF DELIVERY OF STATEMENTS
DID NOT SETTLE RUNNING ACCOUNTS OF ACTIVE AND/OR INACTIVE CLIENTS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
|
IMPOSED PENALTY RS.7,00,000
31-OCT-2018
|
|
| 880 |
|
|
VED FINANCE
(Sub-Broker of SKSE SECURITIES LTD., Member : BSE,Member : SKSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR, SYNCHRONIZED AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF GUJARAT ARTH LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF GUJARAT ARTH LTD.
|
IMPOSED PENALTY RS.28,00,000
02-MAR-2015
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SEBI VIDE ITS NOTICE DATED 05/07/2024 CANCELLED RECOVERY CERTIFICATE NO.4072 OF 2021 DATED 09/08/2021
|
| 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 44 of 46
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