| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 81 |
|
ASHOK KUMAR JOSHI
(PAN:AAGPJ4277Q)
|
|
|
|
GOLDEN TOBACCO LTD.
PAN:AAACG1421A
|
|
MISREPRESENTED FINANCIAL STATEMENTS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS3(B) TO 3(D), 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF GOLDEN TOBACCO LTD.
MISREPRESENTED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(2)(F)(II)(6)(7)(8),4(2)(F)(III) (3)(6) (12), 17(8) AND 33(2)(A) OF SEBI (LODR) REGULATIONS, 2015 AND CLAUSE 49(V) OF LISTING AGREEMENT READ WITH REGULATION 103 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF GOLDEN TOBACCO 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 29-AUG-2025 TO 28-AUG-2026
IMPOSED PENALTY RS.10,00,000
29-AUG-2025
|
SAT: SAT VIDE ITS ORDER DATED 08/10/2025 GRANTED RESPONDENT SIX WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER. STAYED DEBARMENT AND RECOVERY OF PENALTY SUBJECT TO DEPOSIT 50% WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 82 |
|
|
ASHOK MATHAI KURIEN
(PAN:AADPK4942J)
|
|
|
|
DISH TV INDIA LTD.
PAN:AAACA5478M
|
|
ALLEGED FAILURE IN MAKING DISCLOSURE TO STOCK EXCHANGES OF FIRST ADVISORY VIOLATING REGULATIONS 4(2)(F)(II)(6), 4(2)(F)(II)(8), 4(2)(F)(III)(2), 4(2)(F)(III)(3), 4(2)(F)(III)(6) READ WITH REGULATION 17(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DISH TV INDIA LTD.
ALLEGED DELAY IN MAKING DISCLOSURE TO STOCK EXCHANGES OF FIRST ADVISORY VIOLATING REGULATIONS 4(2)(F)(II)(6), 4(2)(F)(II)(8), 4(2)(F)(III)(2), 4(2)(F)(III)(3), 4(2)(F)(III)(6) READ WITH REGULATION 17(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DISH TV INDIA LTD.
ALLEGED FAILURE IN MAKING NECESSARY DISCLOSURE AS REQUIRED UNDER LAW AND DID NOT COMPLIES WITH CLAUSES 4.1, 4.4, 5.1, 5.2 AND 5.11 OF CODE OF CONDUCT READ WITH REGULATION 26(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DISH TV INDIA LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.19,80,000 VIDE CONSENT ORDER)
10-OCT-2022
|
|
| 83 |
|
|
ASHOK MATHAI KURIEN
(PAN:AADPK4942J)
|
|
|
|
DISH TV INDIA LTD.
PAN:AAACA5478M
|
|
DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES OF FIRST ADVISORY VIOLATING REGULATIONS 4(2)(F)(II)(6), 4(2)(F)(II)(8), 4(2)(F)(III)(3), 4(2)(F)(III)(6) READ WITH REGULATION 17(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DISH TV INDIA LTD.
DELAY IN MAKING DISCLOSURE TO STOCK EXCHANGES OF FINAL ADVISORY VIOLATING REGULATIONS 4(2)(F)(II)(6), 4(2)(F)(II)(8), 4(2)(F)(III)(3), 4(2)(F)(III)(6) READ WITH REGULATION 17(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DISH TV INDIA LTD.
DID NOT MAKE NECESSARY DISCLOSURE AS PER CLAUSES 4.1, 4.4, 5.1, 5.2 AND 5.11 OF CODE OF CONDUCT READ WITH REGULATION 26(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DISH TV INDIA LTD.
DID NOT UPHELD HIGH ETHICAL STANDARDS ETC VIOLATING CLAUSES 1 AND 2 OF SCHEDULE A OF CODE OF CONDUCT READ WITH REGULATION 26(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DISH TV INDIA LTD.
|
DIRECTED TO ENSURE STRICT ADHERENCE OF DIRECTION BY THE COMPLIANCE OFFICER
DIRECTED DEPOSITORIES TO FREEZE DEMAT ACCOUNTS OF DIRECTORS AND COMPLIANCE OFFICER AND DISCLOSE TO STOCK EXCHANGES
07-MAR-2022
|
|
| 84 |
|
|
ASHWANI KUMAR GUPTA
(PAN:ACDPG9749B)
|
|
|
|
PNB HOUSING FINANCE LTD.
PAN:AAACP3682N
|
|
ALLEGED FAILURE IN OBTAINING REGISTERED VALUER’S REPORT IN ACCORDANCE WITH ARTICLE 19(2) OF ARTICLES OF ASSOCIATION (AOA) OF COMPANY VIOLATING REGULATIONS 4(2)(F)(III)(3), (6) AND (7) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF PNB HOUSING FINANCE LTD.
ALLEGED FAILURE TO TAKE INTO ACCOUNT THE INTERESTS OF ALL STAKEHOLDER BY NOT ACCOUNTING FOR CONTROL PREMIUM IN PRICING OF THE PREFERENTIAL ISSUE VIOLATING REGULATIONS 4(2)(F)(III)(3), (6) AND (7) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF PNB HOUSING FINANCE LTD.
ALLEGED FAILURE IN MAKING ADEQUATE AND TIMELY DISCLOSURE OF MATERIAL INFORMATION TO STOCK EXCHANGES VIOLATING REGULATIONS 4(1)(D), 4(1)(H), 4(2)(B), 4(2)(E)(I), 4(2)(E)(II) AND 30(12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF PNB HOUSING FINANCE LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.28,50,000, INTEREST RS.44,26,533 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
18-JUL-2022
|
|
| 85 |
|
|
ASIF YUSUF BALWA
(PAN:AABPB2665F)
|
|
|
|
D B REALTY LTD.
CIN:L70200MH2007PLC166818
PAN:AACCD5174F
|
|
PUBLISHED FALSE FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(2)(F)(I)(2) AND 17(8) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 2(60) OF SEBI COMPANIES ACT, 2013 AND 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.2,00,000
04-FEB-2025
|
|
| 86 |
|
|
ASIT KUMAR BHOWMIK
(PAN:ABUPB8276C)
|
|
|
|
SEYA INDUSTRIES LTD.
PAN:AABCS4522R
|
|
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), (K) AND (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SEYA INDUSTRIES LTD.
SIPHONED OFF FUNDS/ASSETS TO PROMOTER GROUP COMPANY/COMPANIES RELATED TO PROMOTERS (VIZ. WHIZ ENTERPRISES PVT.LTD., ANEEKA UNIVERSAL PVT.LTD. AND SHRI BALAJI ENTERTAINMENTS PVT.LTD.) ON PRETEXT OF PURCHASES/SALES FROM/TO THEM AND/OR THROUGH UNDISCLOSED FUND TRANSFERS VIOLATING SETIONS 12A(B) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C) TO 3(D), 4(1), 4(2)(F), (K) AND (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SEYA INDUSTRIES LTD.
MISPRESENTED FINANCIAL STATEMENTS/RESULTS AND DID NOT GIVE A TRUE AND FAIR VIEW OF FINANCIAL PERFORMANCE AND POSITION VIOLATING REGULATIONS 4(1)(A) TO 4(1)(E), (G), (J), 4(2)(E)(I), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONS WITH PROMOTER GROUP COMPANY/COMPANIES RELATED TO PROMOTERS (VIZ. WHIZ ENTERPRISES PVT.LTD., ANEEKA UNIVERSAL PVT.LTD. AND SHRI BALAJI ENTERTAINMENTS PVT.LTD.) AND DID NOT TAKE AUDIT COMMITTEE AND/OR SHAREHOLDER’S APPROVAL FOR UNDISCLOSED RELATED PARTY TRANSACTIONS VIOLATING REGULATIONS 4(1)(A) TO 4(1)(B), 4(2)(E)(I), 23(2), 23(4), 23(9), 33(1)(C), 34(3) READ WITH PART A OF SCHEDULE V AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
DID NOT MAKE DISCLOSURE OF MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES VIOLATING REGULATIONS 4(1)(D) TO 4(1)(J) AND 30(2) AND 30(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
SHOWN WRONG DETAILS OF ATTENDEES OF BOARD MEETINGS, AUDIT AND RISK MANAGEMENT COMMITTEE MEETINGS IN ANNUAL REPORT VIOLATING REGULATIONS 4(1)(C) AND 34(3) READ WITH CLAUSE 2(B) AND 3(C) OF PART C OF SCHEDULE V OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
APPOINTED AUDITORS WHO DID NOT HAVE VALID PEER REVIEW CERTIFICATE ISSUED BY ICAI AS STATUTORY AUDITOR VIOLATING REGULATION 33(1)(D) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
DID NOT PROVIDE INFORMATION AND/OR SUBMITTED WRONG AND MISLEADING INFORMATION TO SEBI IN MATTER OF SEYA INDUSTRIES LTD.
DID NOT EXERCISE DUE DILIGENCE AS MEMBER OF AUDIT COMMITTEE VIOLATING SECTION 27 OF SEBI ACT, 1992 AND REGULATION 18(3) READ WITH PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
DID NOT DISCLOSE MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES VIOLATING REGULATION 8(1) READ WITH CLAUSE 1 OF SCHEDULE A OF SEBI (PIT) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES 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
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 02-MAY-2025 TO 01-MAY-2030
RESTRAINED FROM ASSOCIATED WITH ANY OTHER LISTED COMPANY OR SEBI REGISTERED INTERMEDIARY IN ANY CAPACITY INCLUDING DIRECTOR OR KEY MANAGERIAL PERSON DIRECTLY OR INDIRECTLY FROM 02-MAY-2025 TO 01-MAY-2030
IMPOSED PENALTY RS.2,00,00,000
20-MAR-2023
|
SEBI VIDE ITS ORDER DATED 02/05/2025 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 5 YEARS, FROM DATE OF THIS ORDER B) RESTRAINED FROM BEING ASSOCIATED WITH SECURITIES MARKET INCLUDING AS A DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY OR ANY INTERMEDIARY REGISTERED WITH SEBI, FOR 5 YEARS, FROM DATE OF THIS ORDER C) PAY PENALTY TO RS.25 LAC U/S 15A(A), RS.25 LAC U/S 15A(B), RS.1 CRORE U/S 15HA AND RS.50 LAC U/S 15HB OF SEBI ACT
SEBI VIDE ITS NOTICE DATED 13/08/2025 DIRECTED TO PAY RS.2,08,01,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
|
| 87 |
|
|
ATUL KUMAR
(PAN:BAWPS1169M)
|
|
|
DID NOT ADHERE TO CLAUSE 6(B)(I) OF AUDITOR RESIGNATION CIRCULAR READ WITH SUB-PARA 7 OF PARA A OF PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 READ WITH REGULATION 18(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF JUMP NETWORKS LTD.
DID NOT ADHERE TO CLAUSE 6(C)(III) OF AUDITOR RESIGNATION CIRCULAR READ WITH SUB-PARA 7 OF PARA A OF PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 READ WITH REGULATION 18(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF JUMP NETWORKS LTD.
|
IMPOSED PENALTY
24-NOV-2022
|
SEBI VIDE ITS NOTICE DATED 18/05/2023 DIRECTED TO PAY RS.2,15,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 05/01/2024 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS 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 NOTICE DATED 24/01/2024 ALLOWED THE APPEAL AND DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 05/01/2024
SEBI VIDE ITS ORDER DATED 24/01/2024 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.6577 OF 2023 DATED 18/05/2023
|
| 88 |
|
|
ATUL KUMAR
(PAN:BAWPS1169M)
|
|
|
|
IRIS MEDIAWORKS LTD.
CIN:L92412MH1992PLC067841
PAN:AAACB4506D
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF IRIS MEDIAWORKS LTD. VIOLATING REGULATIONS 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF IRIS MEDIAWORKS LTD.
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF IRIS MEDIAWORKS LTD. 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 IRIS MEDIAWORKS 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 17-NOV-2021 TO 16-MAY-2022
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
IMPOSED PENALTY RS.1,00,000
17-NOV-2021
|
|
| 89 |
|
|
AVINASH BHANDARI
(PAN:ABRPB0303P)
|
|
|
|
ELECTROTHERM (INDIA) LTD.
PAN:AAACE2669L
|
|
DID NOT PREPARE TRUE AND FAIR FINANCIAL STATEMENTS BY REVERSAL/NON-PROVISIONING OF INTEREST AND MADE WRONGFUL CERTIFICATION OF FINANCIAL RESULTS VIOLATING CLAUSE 49(V)(A)(II) OF ERSTWHILE EQUITY LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF ELECTROTHERM (INDIA) LTD.
DID NOT PREPARE TRUE AND FAIR FINANCIAL STATEMENTS BY REVERSAL/NON-PROVISIONING OF INTEREST AND MADE WRONGFUL CERTIFICATION OF FINANCIAL RESULTS VIOLATING REGULATIONS 4(2)(F) (II)(7) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ELECTROTHERM (INDIA) LTD.
|
IMPOSED PENALTY RS.1,00,000
28-AUG-2020
|
|
| 90 |
|
|
AVINASH CHANDER MAHAJAN
(PAN:AAXPM0460B)
|
|
|
INDULGED IN DIVERSION OF FUNDS OF RS.2,473.66 CRORE (APPROX) OF RELIGARE FINVEST LTD. THROUGH SUBSIDIARY OF REL FOR BENEFIT OF PROMOTERS/PROMOTER GROUP ENTITIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RELIGARE ENTERPRISES LTD.
DID NOT ABIDE BY PRINCIPLES GOVERNING DISCLOSURES AND OBLIGATIONS WITH RESPECT TO LISTED COMPANIES VIOLATING CLAUSES 49(I)(D)(1)(B), 49(I)(D)(2)(F), 49(I)(D)(3)(C),(F),(G),(I),(L) AND 49(II)(E)(2) OF LISTING AGREEMENT (POST CIRCULAR DATED 17/04/2014) READ WITH REGULATION 103 OF SEBI (LODR) REGULATIONS, 2015 AND REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(6), 4(2)(F)(III)(1)(3), (6), (7), (9), (12) AND 26(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RELIGARE ENTERPRISES LTD.
|
IMPOSED PENALTY RS.53,00,000
31-OCT-2022
|
SAT: SAT VIDE ITS ORDER DATED 08/02/2023 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE REPLY WITHIN TWO WEEKS AND REJOINDER TO BE FILED TWO WEEKS THEREAFTER. PENALTY AMOUNT TO REMAIN STAYED DURING PENDENCY OF THE APPEAL
SAT: SAT VIDE ITS ORDER DATED 16/03/2023 GRANTED RESPONDENT FURTHER TWO WEEKS TO FILE REPLIES AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 02/08/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 14/09/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
|
| 91 |
|
|
AVINASH JOSHI
(PAN:AEUPJ5584N)
|
|
|
|
BILCARE LTD.
CIN:L28939PN1987PLC043953
PAN:AABCB2242F
|
|
DID NOT PRESENT TRUE AND FAIR FINANCIAL STATEMENTS VIOLATING SECTIONS 12A(B) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(C) TO 3(D), 4(1), 4(2)(F) AND 4(2)(R) READ WITH 2(1)(B) AND 2(1)(C) (1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF BILCARE LTD.
DID NOT PREPARED PROFIT AND LOSS ACCOUNTS AS PER ACCOUNTING STANDARDS VIOLATING CLAUSE 49(II)(D) AND 49(II)(E) OF ERSTWHILE EQUITY LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF BILCARE LTD.
DID NOT EXERCISE DUE DILIGENCE AS MEMBER OF AUDIT COMMITTEE VIOLATING REGULATION 18(3) READ WITH CLAUSES A(1), A(4) AND A(5) UNDER PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27(1) AND/OR 27(1) OF SEBI ACT, 1992 IN MATTER OF BILCARE LTD.
|
IMPOSED PENALTY RS.2,00,000
30-MAY-2024
|
|
| 92 |
|
|
AVTAR SINGH
(PAN:ACJPS5761R)
|
|
|
ALLEGED FAILURE IN MAKING DISCLOSURE TO STOCK EXCHANGES REGARDING DEFAULT IN PAYMENT BY PURCHASERS TO THE ERSTWHILE SHAREHOLDERS VIOLATING REGULATIONS 30(4)(I), 30(5) AND 30(9) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF PUNJAB CHEMICALS & CROP PROTECTION LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.14,45,000 VIDE CONSENT ORDER)
25-MAR-2021
|
|
| 93 |
|
|
AYUB YAEGUANG YOUNES
|
|
|
|
NU TEK INDIA LTD.
CIN:L74899DL1993PLC054313
PAN:AAACN2270L
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF NU TEK INDIA LTD. AND SUBSIDIARIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(A), 4(2)(E), 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF NU TEK INDIA LTD. AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF NU TEK INDIA LTD.
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF NU TEK INDIA 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 21-DEC-2021 TO 20-JUN-2022
IMPOSED PENALTY RS.1,60,000
21-DEC-2021
|
|
| 94 |
|
|
B.HARIHARAN
(PAN:ADXPB2158A)
|
|
|
|
CG POWER & INDUSTRIAL SOLUTIONS LTD.
PAN:AAACC3840K
|
|
INDULGED IN MIS-STATEMENT OF ACCOUNTS AND DIVERSION OF FUNDS FROM LISTED COMPANY AND/OR ITS SUBSIDIARIES/ASSOCIATES VIOLATING SECTIONS 12A (A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D) AND 4(2)(F) & (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF CG POWER & INDUSTRIAL SOLUTIONS LTD.
DID NOT MAKE DISCLOSURE OF INFORMATION VIOLATING OF REGULATIONS 4(2)(F)(I)-(II), 4(2)(F)(III)(3) AND (6) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF CG POWER & INDUSTRIAL SOLUTIONS LTD.
DID NOT ADHERE TO CODE OF CONDUCT OF BOARD OF DIRECTORS AND SENIOR MANAGEMENT ON ANNUAL BASIS VIOLATING OF REGULATION 26(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF CG POWER & INDUSTRIAL SOLUTIONS 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 17-SEP-2019 TO 16-MAR-2023
RESTRAINED FROM ASSOCIATING WITH ANY INTERMEDIARY REGISTERED WITH SEBI OR ANY LISTED ENTITY OR ITS MATERIAL UNLISTED SUBSIDIARY FROM 17-SEP-2019 TO 16-MAR-2023
PERMITTED BSE AND NSE TO ALLOW SQUARE OFF EXISTING OPEN POSITIONS IN FUTURES & OPTIONS SEGMENT, IF ANY, IMMEDIATELY AND DIRECTED CONCERNED STOCK EXCHANGES TO ENSURE THAT NO FRESH POSITIONS ARE CREATED
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
IMPOSED PENALTY RS.1,00,00,000
17-SEP-2019
|
SAT: APPEAL DISMISSED
SAT: SAT VIDE ITS ORDER DATED 18/02/2020 ALLOWED THE APPLICATION AND DIRECTED SEBI TO PASS CONFIRMATORY ORDER ON OR BEFORE 10/03/2010
SEBI VIDE ITS ORDER DATED 11/03/2020 DIRECTED TO A) RESTRAIN FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES IN ANY MANNER WHATSOEVER, EITHER DIRECTLY OR INDIRECTLY, TILL FURTHER ORDERS. PERMITTED TO LIQUIDATE UPTO 25% OF VALUE OF SECURITIES HELD BY THEM AS ON DATE OF INTERIM ORDER B) RESTRAINED FROM BEING ASSOCIATED WITH ANY INTERMEDIARY REGISTERED WITH SEBI OR ANY LISTED ENTITY OR ITS MATERIAL UNLISTED SUBSIDIARY, IN ANY MANNER WHATSOEVER,TILL FURTHER ORDERS C) NOT TO TAKE FRESH POSITIONS OR INCREASE THEIR OPEN POSITIONS OR EXECUTE TRADES IN F&O SEGMENT, TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 10/05/2021 ALLOWED THE APPLICATIONS AND DIRECTED SEBI TO ISSUE SCN ON OR BEFORE 25/05/2021
SEBI VIDE ITS ORDER DATED 23/02/2022 ALLOWED THE EXPENSES WITHOUT PREJUDICE TO THE DIRECTION TO THE APPLICANT TO RETAIN FUND/OTHER ASSETS, AS GIVEN IN EX-PARTE ORDER DATED 17/09/2019
SEBI VIDE ITS ORDER DATED 04/10/2022 DIRECTED TO RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER, WHATSOEVER, FOR THREE YEARS AND SIX MONTHS FROM DATE OF COMING INTO FORCE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 30/11/2022 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 23/01/2023 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 27/02/2023 CONDONED THE DELAY IN FILING OF REJOINDER REPLY BY RESPONDENT. EFFECT AND OPERATION OF IMPUGNED ORDER TO REMAIN STAYED AND APPELLANT TO DEPOSITS 50% OF PENALTY AMOUNT WITHIN THREE WEEKS FROM DATE OF THIS ORDER. IF AMOUNT DEPOSITED, BALANCE AMOUNT NOT TO BE RECOVERED DURING PENDENCY OF THE APPEAL
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| 95 |
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BABITA SINGARAM
(PAN:BTJPS5403E)
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DID NOT EXERCISE INDEPENDENT JUDGEMENT AS MEMBERS OF AUDIT COMMITTEE OF A LISTED COMPANY VIOLATING REGULATION 18(3) READ WITH PART C OF SCHEDULE II IN MATTER OF SECUREKLOUD TECHNOLOGIES LTD. (FORMERLY KNOWN AS 8K MILES SOFTWARE SERVICES LTD.)
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IMPOSED PENALTY RS.5,00,000
20-JAN-2023
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SAT: SAT VIDE ITS ORDER DATED 31/03/2023 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND REJOINDER TO BE FILED ON OR BEFORE NEXT DATE
SAT: SAT VIDE ITS ORDER DATED 03/05/2023 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SEBI VIDE ITS NOTICE DATED 26/06/2023 DIRECTED TO PAY RS.5,31,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 04/08/2023 CONDONED THE DELAY IN FILING OF APPEAL
SAT: SAT VIDE ITS ORDER DATED 29/04/2025 STAYED RECOVERY PROCEEDINGS SUBJECT TO DEPOSIT 50% PENALTY AMOUNT WITHIN SIX WEEKS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 06/03/2026 DISMISSED THE APPEAL. NO COSTS
SEBI VIDE ITS ORDER DATED 10/03/2026 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS, MUTUAL FUNDS FOLIOS AND/OR POST OFFICE ACCOUNT 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 NOTICE DATED 25/03/2026 ALLOWED THE APPEAL AND DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 10/03/2026
SEBI VIDE ITS ORDER DATED 25/03/2026 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.6713 OF 2023 DATED 26/06/2023
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| 96 |
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BALAKUMAR VETHAGIRI GIRI
(PAN:AADPG2683A)
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G.V.FILMS LTD.
CIN:L92490MH1989PLC238780
PAN:AAACG2118C
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DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF G.V.FILMS LTD.
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF G.V.FILMS LTD. & SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II), (6), (7), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF G.V.FILMS LTD.
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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 26-AUG-2022 TO 06-JAN-2023
IMPOSED PENALTY RS.5,00,000
26-AUG-2022
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SAT: AT VIDE ITS ORDER DATED 06/01/2023 CONDONED THE DELAY IN FILING OF APPEAL AND REDUCED DEBARMENT PERIOD FROM ONE YEAR TO PERIOD UNDERGONE AND REDUCED PENALTY AMOUNT TO RS.5 LAC FROM RS.10 LAC
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| 97 |
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BALLINDER SINGH DHILLON
(PAN:AAQPD3220K)
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ALLEGED FAILURE IN ABIDING BY PRINCIPLES GOVERNING DISCLOSURES AND OBLIGATIONS WITH RESPECT TO LISTED COMPANIES VIOLATING CLAUSE 49(I)(D) OF LISTING AGREEMENT IN MATTER OF FORTIS HEALTHCARE LTD.
ALLEGED FAILURE IN ABIDING BY PRINCIPLES GOVERNING DISCLOSURES AND OBLIGATIONS WITH RESPECT TO LISTED COMPANIES VIOLATING SECTION 21 OF THE SCRA, 1956 IN MATTER OF FORTIS HEALTHCARE LTD.
ALLEGED FAILURE IN ABIDING BY PRINCIPLES GOVERNING DISCLOSURES AND OBLIGATIONS WITH RESPECT TO LISTED COMPANIES VIOLATING CLAUSES 49(I)(D)(1)(B), 49(I)(D)(2)(F), 49(I)(D)(3)(C),(F),(G),(I),(L) AND 49(II)(E)(2) OF LISTING AGREEMENT READ WITH REGULATION 103 OF SEBI (LODR) REGULATIONS, 2015 AND REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(6), 4(2)(F)(III)(1)(3), (6), (7), (9), (12) AND 26(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF FORTIS HEALTHCARE LTD.
ALLEGED FAILURE IN CARRYING OUT DUE DILIGENCE AND EXERCISE INDEPENDENT JUDGEMENT WITH RESPECT TO GRANT OF LOANS/INVESTMENTS TO 3 BORROWER COMPANIES VIOLATING SECTION 12A(A) TO 12A(C) OF SEBI ACT, 1992
ALLEGED INDULGENCE IN MISUSE AND DIVERSION OF PUBLIC SHAREHOLDERS FUNDS THROUGH 3 BORROWER COMPANIES FOR BENEFIT OF RHC HOLDING LTD. AND CONSEQUENTLY MR.MALVINDER MOHAN SINGH AND MR.SHIVINDER MOHAN SINGH VIOLATING REGULATIONS 3(B) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF FORTIS HEALTHCARE LTD.
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REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.93,50,000 VIDE CONSENT ORDER)
31-JAN-2022
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|
| 98 |
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BALUSHRI GUPTA
(PAN:BONPG4905C)
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JAISUKH DEALERS LTD.
CIN:L65100WB2005PLC101510
PAN:AABCJ7808H
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MISREPRESENTED FINANCIALS AND/OR BUSINESS AND MISUSED FUNDS/BOOKS OF ACCOUNTS OF JDL AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF JAISUKH DEALERS LTD.
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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-AUG-2021 TO 05-FEB-2022
06-AUG-2021
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SAT: SAT VIDE ITS ORDER DATED 18/06/2024 DISMISSED REVIEW APPLICATION. NO COSTS
|
| 99 |
|
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BALUSHRI GUPTA
(PAN:BONPG4905C)
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JAISUKH DEALERS LTD.
CIN:L65100WB2005PLC101510
PAN:AABCJ7808H
|
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MISREPRESENTED FINANCIALS AND/OR BUSINESS AND MISUSED FUNDS/BOOKS OF ACCOUNTS OF JDL AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF JAISUKH DEALERS LTD.
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IMPOSED PENALTY RS.3,00,000
06-AUG-2021
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SEBI VIDE ITS NOTICE DATED 20/10/2022 DIRECTED TO PAY RS.3,46,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 07/11/2022 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS 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
SAT: SAT VIDE ITS ORDER DATED 07/12/2023 DISMISSED THE APPEAL . NO COSTS
SEBI VIDE ITS ORDER DATED 08/12/2022 DIRECTED ALL THE BANKS TO REMIT RS.3,52,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF MR.BALUSHRI GUPTA TO SEBI BY WAY OF EFT/NEFT/RTGS
SAT: SAT VIDE ITS ORDER DATED 18/06/2024 DISMISSED REVIEW APPLICATION. NO COSTS
SEBI VIDE ITS NOTICE DATED 12/11/2024 ALLOWED THE APPEAL AND DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 07/11/2022
SEBI VIDE ITS NOTICE DATED 12/11/2024 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.5829 OF 2022 DATED 20/10/2022
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| 100 |
|
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BHAGWAN DAS NARANG
(PAN:AAEPN3092R)
|
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DISH TV INDIA LTD.
PAN:AAACA5478M
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DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES OF FIRST ADVISORY VIOLATING REGULATIONS 4(2)(F)(II)(6), 4(2)(F)(II)(8), 4(2)(F)(III)(3), 4(2)(F)(III)(6) READ WITH REGULATION 17(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DISH TV INDIA LTD.
DELAY IN MAKING DISCLOSURE TO STOCK EXCHANGES OF FINAL ADVISORY VIOLATING REGULATIONS 4(2)(F)(II)(6), 4(2)(F)(II)(8), 4(2)(F)(III)(3), 4(2)(F)(III)(6) READ WITH REGULATION 17(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DISH TV INDIA LTD.
DID NOT MAKE NECESSARY DISCLOSURE AS PER CLAUSES 4.1, 4.4, 5.1, 5.2 AND 5.11 OF CODE OF CONDUCT READ WITH REGULATION 26(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DISH TV INDIA LTD.
DID NOT UPHELD HIGH ETHICAL STANDARDS ETC VIOLATING CLAUSES 1 AND 2 OF SCHEDULE A OF CODE OF CONDUCT READ WITH REGULATION 26(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DISH TV INDIA LTD.
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DIRECTED TO ENSURE STRICT ADHERENCE OF DIRECTION BY THE COMPLIANCE OFFICER
DIRECTED DEPOSITORIES TO FREEZE DEMAT ACCOUNTS OF DIRECTORS AND COMPLIANCE OFFICER AND DISCLOSE TO STOCK EXCHANGES
07-MAR-2022
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SEBI VIDE ITS ORDER DATED 14/07/2022 DISPOSED OF THE PROCEEDINGS INITIATED VIDE SCN DATED 07/03/2022 WITHOUT ANY FURTHER DIRECTIONS
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