| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 81 |
|
STALLION ASSET
(PAN:AHYPJ4788K)
|
|
|
|
AMIT MOHAN JESWANI
PAN:AHYPJ4788K
|
|
ALLEGED INDULGED IN SELLING MODEL PORTFOLIO PRODUCTS TO CLIENTS/PROSPECTIVE CLIENTS VIOLATING REGULATION 2(U) READ WITH CLAUSES 1, 2 AND 8 OF SCHEDULE III OF CODE OF CONDUCT UNDER SEBI (RESEARCH ANALYST) REGULATIONS, 2014
ALLEGED ACTED AS INVESTMENT ADVISOR WITHOUT SEBI REGISTRATION
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.28,60,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
06-MAY-2022
|
|
| 82 |
|
|
STOCK MARKET NAVIGATOR (SMN)
(PAN:ANBPS5743A)
|
|
|
|
ANIRUDH P.SETHI
PAN:ANBPS5743A
|
|
ACTED AS RESEARCH ANALYST WITHOUT SEBI REGISTRATION
ACTED AS INVESTMENT ADVISER WITHOUT SEBI REGISTRATION
|
CEASED AND DESIST FROM ACTING AS AN INVESTMENT ADVISOR AND/OR RESEARCH ANALYST AND CEASE TO SOLICIT OR UNDERTAKE SUCH ACTIVITIES OR ANY OTHER UNREGISTERED ACTIVITY IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 26-MAY-2016 UNTIL FURTHER ORDERS
DIRECTED NOT TO DIVERT ANY FUNDS RAISED FROM PUBLIC AT LARGE KEPT IN BANK ACCOUNT AND/OR IN THE CUSTODY OF THE COMPANY FROM 26-MAY-2016 UNTIL FURTHER ORDERS
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 26-MAY-2016 UNTIL FURTHER ORDERS
DIRECTED TO SUBMIT NAME, ADDRESSES AND CONTACT NUMBERS OF INVESTORS WHO HAVE BEEN DEPOSITED MONEY IN HIS ACCOUNT
DIRECTED TO SUBMIT FULL DETAILS REGARDING SCHEME "FATAL ALTTRACTION" INCLUDING NAME, ADDRESS AND CONTACT NUMBERS OF INVETOR WHO HAVE BEEN SUBSCRIBED TO SCHEME
DIRECTED TO SUBMIT DETAILS OF AMOUNT COLLECTED (YEAR WISE) FROM INVESTORS TILL DATED
26-MAY-2016
|
SAT: SAT VIDE ITS ORDER DATED 29/07/2021 PARTLY ALLOWED THE APPEAL AND SET ASIDE IMPUGNED ORDER DATED 26/05/2016. IN THE MEANTIME, DIRECTED APPELLANT TO CREDIT RS.12 LAC TO SAID FUND WITHIN TWO MONTHS FROM DATE OF THIS ORDER. FURTHER, DIRECTED TO DEPOSIT RS.20 LAC WITH SEBI WITHIN TWO MONTHS FROM DATE OF THIS ORDER
SEBI VIDE ITS ORDER DATED 07/12/2021 DISPOSED OFF THE APPLICATION WITH DIRECTION TO REFUND EXCESS AMOUNT OF RS.20.48 LAC TO APPLICANT
|
| 83 |
|
|
STOCKPRO
|
|
|
|
SEEMA JAIN
PAN:ADAPJ7255R
|
|
DID NOT HOLD CERTIFICATE REQUIRED FOR RESEARCH ANALYST
DID NOT CARRY OUT ANNUAL AUDIT FROM A MEMBER OF INSTITUTE ICAI AND ICSI
DID NOT MAINTAIN RECORDS OF RESEARCH RECOMMENDATIONS
DID NOT MAINTAIN RECORD OF PUBLIC APPEARANCES
DID NOT MAINTAIN RATIONALES OF ALL THE RECOMMENDATIONS AND DID NOT CAPTURE SUPPORTING DATA IN RATIONALE
DID NOT MAINTAIN RATIONALES OF ALL THE RECOMMENDATIONS
TRADED DURING RESTRICTED/PROHIBITED PERIOD
PROVIDED RECOMMENDATIONS WITHOUT ANY ADEQUATE DOCUMENTARY BASIS AND FAILED TO COMPLY WITH IN RESPECT OF CONTENTS OF RESEARCH REPORT
OBTAINED REGISTRATION FROM SEBI ON THE BASIS OF FALSE INFORMATION
DELAY IN REGISTRATION FOR SEBI COMPLAINTS REDRESSAL SYSTEM (SCORES)
DID NOT REDRESS INVESTOR COMPLAINTS IN STIPULATED TIME
DID NOT MAKE DISCLOSURE OF DATA OF INVESTOR COMPLAINTS AND THE DETAILS ABOUT ITS REDRESSAL ON WEBSITE
|
IMPOSED PENALTY RS.5,00,000 ALONG WITH OTHER ENTITIES/PERSONS
23-MAY-2025
|
|
| 84 |
|
|
STREETGAINS RESEARCH SERVICES
(PAN:BPDPS6595F)
|
|
|
|
KUMAR VENKATARAMEGOWDA SANTHOSH
PAN:BPDPS6595F
|
|
MISLED CLIENTS BY MAKING ASSURED PROFIT COMMITMENT
DID NOT EXERCISE DUE DILIGENCE BY NOT EXERCISING ANY CONTROL OVER EMPLOYEES ENGAGED WITH CLIENTS
DID NOT MAINTAIN DIGITALLY SIGNED RESEARCH REPORT IN ELECTRONIC FORM
ADVERTISED PAST PERFORMANCE IN RESPECT OF RESEARCH CALL ON SOCIAL MEDIA
SOLD PRODUCTS TO CLIENTS WHICH WERE NOT SUITABLE TO RISK PROFILE OF THE CLIENTS
|
IMPOSED PENALTY RS.8,00,000 ALONG WITH OTHER ENTITIES/PERSONS
31-JUL-2025
|
|
| 85 |
|
|
STREETGAINS RESEARCH SERVICES
(PAN:BPDPS6595F)
|
|
|
|
KUMAR VENKATARAMEGOWDA SANTHOSH
PAN:BPDPS6595F
|
|
MADE MULTIPLE FALSE AND MISLEADING CLAIMS/ DISCLOSURES/ STATEMENTS RELATED TO HIGH RETURNS/ASSURED RETURNS
ENCOURAGED SALE OF PRODUCTS WITHOUT MATCHING RISK PROFILES OF CLIENTS
DID NOT DIGITALLY SIGN THE RESEARCH REPORTS AND DID NOT MAINTAIN ELECTRONIC FORM
ADVERTISED PAST PERFORMANCE IN RESPECT OF RESEARCH CALL ON SOCIAL MEDIA
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
25-MAR-2026
|
|
| 86 |
|
|
SUMPOORNA PORTFOLIO LTD.
(PAN:AAOCS8998N)
|
|
|
DID NOT PAY RENEWAL FEE AS RESEARCH ANALYST
|
CANCELLED REGISTRATION AS RESEARCH ANALYST FROM 20-AUG-2026
20-AUG-2026
|
|
| 87 |
|
|
SUPREME INVESTRADE & RESEARCH SERVICES
(PAN:CLZPS0733E)
|
|
|
|
ABHISHEK KUMAR SINGH
PAN:CLZPS0733E
|
|
PROMISED ASSURED/GUARANTEE RETURNS/PROFITS TO CLIENTS
INDULGED IN MIS-SELLING OF SERVICES BY MAKING FALSE AND MISLEADING STATEMENTS OF ASSURED RETURNS AND SOLICITED SHARE FROM THE PROFIT MADE BY THE CLIENTS TOWARDS FEE FOR RESEARCH SERVICES
|
IMPOSED PENALTY RS.2,00,000 ALONG WITH OTHER ENTITIES/PERSONS
15-DEC-2025
|
|
| 88 |
|
|
THANOS EQUITY RESEARCH
|
|
|
DID NOT PAY RENEWAL FEE AS RESEARCH ANALYST
|
CANCELLED REGISTRATION AS RESEARCH ANALYST FROM 20-AUG-2026
20-AUG-2026
|
|
| 89 |
|
|
TRADE MONEY RESEARCH
(PAN:AFWPY1505P)
|
|
|
|
PRIYANKA YADAV
PAN:AFWPY1505P
|
|
OBTAIN REGISTRATION FROM SEBI IN HER NAME BUT CARRIED OUT ITS RESEARCH ADVISORY SERVICES THROUGH MR.SANDEEP YADAV A PERSON DEBARRED BY SEBI FROM DEALING IN SECURITIES MARKET
CONCEALED THE FACT TO THE CLIENTS THAT THE OPERATIONS OF WERE BEING RUN BY A PERSON DEBARRED BY SEBI FROM SECURITIES MARKET’
DID NOT CONDUCT ANNUAL AUDIT FROM MEMBER OF ICAI/ICSI
DID NOT PROVIDE INFORMATION TO SEBI
|
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, WHATSOEVER INCLUDING BY UNDERTAKING EITHER DIRECTLY OR INDIRECTLY ANY ACTIVITY IN NATURE OF RESEARCH ANALYST SERVICES FROM 29-JUL-2025 TO 28-JUL-2027
DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY
DIRECTED TO SEND ELECTRONIC MAIL TO CLIENTS
DIRECTED TO SUBMIT COMPLETION REPORT OF REPAYMENT TO SEBI CERTIFIED BY INDEPENDENT CHARTERED ACCOUNTANT
IMPOSED PENALTY RS.10,00,000 ALONG WITH OTHER ENTITIES/PERSONS
29-JUL-2025
|
|
| 90 |
|
|
TRADEDEAL FINANCIAL SERVICES PVT.LTD.
(PAN:AAJCA5184F)
|
|
|
DID NOT PAY RENEWAL FEE AS RESEARCH ANALYST
|
CANCELLED REGISTRATION AS RESEARCH ANALYST
04-AUG-2026
|
|
| 91 |
|
|
TRUSTLINE SECURITIES LTD.
(PAN:AAACK1251G)
|
|
|
DID NOT MAINTAIN RECORDS IN RESPECT OF RECOMMENDATIONS/CALLS MADE THROUGH WHATSAPP/E-MAIL/TERMINAL
DID NOT MAINTAIN RECORDS IN RESPECT OF RECOMMENDATIONS MADE TO PUBLIC THROUGH MEDIA
EMPLOYED RESEARCH ANALYST WHO DID NOT HAVE QUALIFICATIONS/CERTIFICATION REQUIREMENTS
DID NOT SEGREGATE RESEARCH ANALYSTSACTIVITIES/OPERATIONS FROM OTHER BUSINESS/ACTIVITIES
DID NOT FRAME/ADOPT INTERNAL POLICIES AND CONTROL PROCEDURES GOVERNING DEALING AND TRADING BY RESEARCH ANALYSTS AND ENSURING MONITORING & APPROVAL OF TRADES OF ITS RESEARCH ANALYSTS
TRADED DURING PROHIBITED PERIOD AND CONTRARY TO RECOMMENDATIONS OF ITS OWN RESEARCH ANALYSTS
DID NOT MAKE NECESSARY DISCLOSURES IN RESEARCH REPORTS
DID NOT MAKE NECESSARY DISCLOSURES IN PUBLIC APPEARANCES
DID NOT OBTAIN SCORES AUTHENTICATION AND PUT IN PLACE A COMPLAINT REDRESSAL SYSTEM
DID NOT CONDUCT APPROPRIATE INTERNAL AUDIT
DID NOT CO-OPERATE AND FURNISHED FALSE INFORMATION
|
IMPOSED PENALTY RS.3,00,000
23-JUN-2022
|
|
| 92 |
|
|
VARHAD FINANCIAL CONSULTANCY SERVICES PVT.LTD.
(PAN:AADCV6386Q)
|
|
|
DID NOT PAY RENEWAL FEE AS RESEARCH ANALYST
|
CANCELLED REGISTRATION AS RESEARCH ANALYST FROM 27-MAR-2025
27-MAR-2025
|
|
| 93 |
|
|
VERACITY FINANCIAL SERVICES PVT.LTD.
(PAN:AADCV9242K)
|
|
|
DID NOT PAY RENEWAL FEE AS RESEARCH ANALYST
|
CANCELLED REGISTRATION AS RESEARCH ANALYST FROM 27-MAR-2025
27-MAR-2025
|
|
| 94 |
|
|
VIKABH SECURITIES PVT.LTD.
(PAN:AAACB3469P)
|
|
|
DID NOT PAY RENEWAL FEE AS RESEARCH ANALYST
|
CANCELLED REGISTRATION AS RESEARCH ANALYST FROM 27-MAR-2025
27-MAR-2025
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 5 of 5
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