SOURCE OF INFORMATION : SECURITIES AND EXCHANGE BOARD OF INDIA WEBSITE � PRESS RELEASES/ CHAIRMAN�S AND MEMBER�S ORDERS / AO ORDERS/ SAT ORDERS/ NEWSPAPER ADS
UPDATED TILL : 27-AUG-2026

NAMES IN BROWN COLOUR
Names of entities/persons in brown colour denote that the regulatory order is not against them but their names have been mentioned only for association purposes.

COMPANIES: CANCELLED REGISTRATION AS INVESTMENT ADVISOR

S.No.

ENTITY

PERSONS

REGULATORY CHARGES

REGULATORY ACTION(S) / DATE OF ORDER

FURTHER DEVELOPMENTS

MONEYBEE INVESTMENT ADVISORS PVT.LTD.

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 14-AUG-2026

14-AUG-2026

N2 CAPITAL ADVISORY LLP

(PAN:AAINF8399M)

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR

07-AUG-2026

NEURO INVESTMENT ADVISOR

(PAN:BTKPP6517P)

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR

27-NOV-2025

NIDHI CONSULTANTS

(PAN:AAEFN2546E)

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 10-SEP-2025

10-SEP-2025

NIVESHICON INVESTMENT ADVISORY

(PAN:BEDPG9199C)

Click here to view complete history of this specific entity/person

VEERENDRA KUMAR GUPTA

PAN:BEDPG9199C

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR

27-NOV-2025

NIVESHSHALA,M/S

(PAN:AJOPD2243F)

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 21-JUL-2026

21-JUL-2026

OSAR CAPITAL

(PAN:AOFPA9923H)

AMIT BABURAO AHIRE

PAN:AOFPA9923H

ALLOWED HBJ CAPITAL SERVICES PVT.LTD., AN ENTITY RESTRAINED BY SEBI FROM ACTING AS AN ADVISOR, TO PROVIDE INVESTMENT ADVISORY SERVICES USING HIS SEBI REGISTRATION AND ALSO IN HIS PROPRIETORY CONCERN OSAR CAPITAL

DID NOT PROVIDE DETAILS OF PROPRIETARY CONCERN FORMED BY HIM PURSUANT TO REGISTRATION GRANTED BY SEBI

DIRECTED TO IMMEDIATELY WITHDRAW AND REMOVE ALL ADVERTISEMENTS, REPRESENTATIONS, LITERATURES, BROCHURES, MATERIALS, PUBLICATIONS, DOCUMENTS, WEBSITE, ETC. IN RELATION TO THOSE SCHEMES / ACTIVITIES (INVESTMENT ADVISER AND ALTERNATIVE INVESTMENT FUND, AND/OR RESEARCH ANALYST) OR ANY UNREGISTERED ACTIVITIES FROM 10-JAN-2018 TO 09-JAN-2022

RESTRAINED FROM PROVIDING INVESTMENT ADVISORY SERVICES FROM 10-JAN-2018 TO 09-JAN-2022

DIRECTED TO DISGORGE RS.1,20,000 ALONG WITH OTHER ENTITIES/PERSONS

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 10-JAN-2018 TO 09-JAN-2022

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 10-JAN-2018 TO 09-JAN-2022

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 10-JAN-2018 TO 09-JAN-2022

17-MAR-2016

SEBI VIDE ITS ORDER DATED 10/01/2018 DIRECTED TO 1)) SURRENDER THE UNLAWFUL GAINS OF RS.1,20,000 WITHIN A PERIOD OF 3 MONTHS TO SEBI 2) NOT TO DIRECTLY OR INDIRECTLY ACCESS SECURITIES MARKET AND PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES MARKET DIRECTLY OR INDIRECTLY IN WHATSOEVER MANNER, TILL EXPIRY OF 4 YEARS FROM THE DATE OF PAYMENT 3) NOT TO UNDERTAKE EITHER DIRECTLY OR INDIRECTLY INVESTMENT ADVISORY SERVICES OR ANY ACTIVITY IN SECURITIES MARKET WITHOUT OBTAINING A CERTIFICATE OF REGISTRATION FROM SEBI AS REQUIRED UNDER THE SECURITIES LAWS AFTER THE EXPIRY OF PERIOD OF DEBARMENT

SEBI VIDE ITS ORDER DATED 27/06/2019 CANCELLED CERTIFICATE OF REGISTRATION GRANTED AS INVESTMENT ADVISOR

PACE RESEARCH

RAJAT SINH

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 21-AUG-2026

21-AUG-2026

PALADIN CAPITAL MANAGEMENT LLP

(PAN:AATFP6057D)

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 10-SEP-2025

10-SEP-2025

PFC CAPITAL ADVISORY SERVICES LTD.

(PAN:AAGCP2495R)

DID NOT PAY RENEWAL FEES AS AN INVESTMENT ADVISER

CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 25-APR-2025

25-APR-2025