| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 81 |
|
RAUSHEE INVESTMENTS
(Sub-Broker of PIONEER INTERMEDIARIES PVT.LTD., Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF RECRON SYNTHETICS LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1),A(2),D(1),D(4) AND D(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF RECRON SYNTHETICS LTD.
|
IMPOSED PENALTY RS.10,000
27-OCT-2009
|
|
| 82 |
|
|
RAVI VISHNU SECURITIES LTD.
(Sub-Broker of MPSE SECURITIES LTD., Member : BSE,Member : MPSE)
|
|
|
|
SANJAY GARG
|
|
|
VIJAYESH ATRE
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF ALFAVISION OVERSEAS (INDIA) LTD.
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 04-FEB-2009 TO 03-AUG-2010
SUSPENDED REGISTRATION AS STOCK BROKER FROM 04-FEB-2009 TO 03-AUG-2010
14-JAN-2009
|
|
| 83 |
|
|
S.K.ENTERPRISE
(Sub-Broker of KNC SHARES & SECURITIES PVT.LTD., Member : BSE)
|
|
|
|
JOBAN M.SHAH
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SOFTBPO GLOBAL SERVICES LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE WHILE DEALING WITH CLIENTS IN SCRIP OF SOFTBPO GLOBAL SERVICES LTD.
|
IMPOSED PENALTY RS.6,00,000 ALONG WITH OTHER ENTITIES/PERSONS
29-AUG-2008
|
|
| 84 |
|
|
S.L.GUPTA & CO.
(Sub-Broker of DSE FINANCIAL SERVICES LTD., Member : BSE)
|
|
|
ALLEGED INDULGENCE IN IRREGULAR TRANSACTIONS IN SCRIPS OF SKYWEB INFOTECH LTD. AND SUNSHINE CAPITAL LTD.
ALLEGED VIOLATION OF CLAUSES A(1) , (3) AND (4) OF CODE OF CONDUCT FOR STOCK BROKERS AS CONTAINED IN SCHEDULE II READ WITH REGULATION 7 OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,00,000 VIDE CONSENT ORDER)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY TO BE SUSPENDED FROM REGISTRATION AS SUB-BROKER)
19-MAY-2009
|
|
| 85 |
|
|
SAI BROKING
(PAN:ACKPN1415A)
(Member : ICSE)
|
|
|
|
ANANDHI P.NAIG
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIPS OF BSEL INFRASTRUCTURE REALTY LTD. AND MAHARASHTRA SEAMLESS LTD.
ALLEGED FAILURE IN MAINTENANCE OF INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE, 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 BSEL INFRASTRUCTURE REALTY LTD. AND MAHARASHTRA SEAMLESS LTD.
ALLEGED FAILURE IN MAINTENANCE OF INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES AND NOT COMPLIED WITH STATUTORY REQUIREMENTS VIOLATING REGULATION 15 READ WITH CLAUSES A(1),A(2),D(1),D(4) AND D(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF BSEL INFRASTRUCTURE REALTY LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.7,00,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
03-JUN-2011
|
|
| 86 |
|
|
SALASAR SECURITIES LTD.
|
|
|
AIDED AND ABETTED PROMOTERS/DIRECTORS OF THE COMPANY AND PERSONS RELATED/ASSOCIATED WITH THEM TO MANIPULATE PRICE OF SCRIP OF BARASIA HOLDING & TRADING CO.LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
28-NOV-2001
|
|
| 87 |
|
|
SANJAY BIYANI,M/S
(Sub-Broker of MPSE SECURITIES LTD., Member : BSE)
|
|
|
|
SANJAY BIYANI
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE WHILE EXECUTING TRADES FOR ITS CLIENTS IN SCRIP OF KWALITY DAIRY (INDIA) LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED AND CIRCULAR TRANSACTIONS IN SCRIP OF KWALITY DAIRY (INDIA) LTD.
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 31-DEC-2009 TO 14-JAN-2010
09-DEC-2009
|
|
| 88 |
|
|
SANJAY BIYANI,M/S
(Sub-Broker of MPSE SECURITIES LTD., Member : BSE)
|
|
|
|
SANJAY BIYANI
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED, CIRCULAR TRANSACTIONS AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF WELLWORTH OVERSEAS LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1),A(2)D(1),D(4) AND D(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF WELLWORTH OVERSEAS LTD.
|
IMPOSED PENALTY RS.1,50,000
26-NOV-2010
|
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SEBI VIDE ITS NOTICE DATED 16/07/2014 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
|
| 89 |
|
|
SARJAN SECURITIES PVT.LTD.
(Sub-Broker of ARCADIA SHARE & STOCK BROKERS PVT.LTD., Member : BSE)
|
|
|
ALLEGED INDULGENCE IN BACK DATING AND FALSIFICATION OF CONTRACT NOTES, BILLS AND BOOKS OF ACCOUNTS ETC IN RESPECT OF OFF-MARKET TRANSACTIONS IN SCRIP OF TATA FINANCE LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.2,50,000 VIDE CONSENT ORDER)
14-NOV-2008
|
|
| 90 |
|
|
SAROJ & CO.
(Sub-Broker of UPSE SECURITIES LTD., Member : BSE/NSE)
|
|
|
|
SANJAY AGRAWAL
PAN:ABYPA8263A
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF RICH CAPITAL & FINANCIAL SERVICES LTD.
DID NOT EXERCISING DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE TRANSACTIONS VIOLATING REGULATION 7 READ WITH CLAUSES A(2),D(4) AND (5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF RICH CAPITAL & FINANCIAL SERVICES LTD.
|
IMPOSED PENALTY RS.5,00,000 ALONG WITH OTHER ENTITIES/PERSONS
21-OCT-2011
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 21/10/2011 SET ASIDE WITH NO ORDER AS TO COSTS
|
| 91 |
|
|
SATYA SHAKAMBARI SECURITIES PVT.LTD.
(PAN:AAGCS6220B)
(Sub-Broker of NIRMAL BANG SECURITIES PVT.LTD., Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET THROUGH SYNCHRONIZED AND STRUCTURED TRANSACTIONS IN SCRIP OF BHAGERIA INDUSTRIES LTD.
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE VIOLATING REGULATION 15(1)(B) READ WITH CLAUSE A(2) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF BHAGERIA INDUSTRIES LTD.
|
IMPOSED PENALTY RS.15,00,000
31-MAR-2023
|
SAT: SAT VIDE ITS ORDER DATED 15/09/2023 ALLOWED RESPONDENT FURTHER TWO WEEKS TO FILE REPLY AND APPELLANTS TO FILE REJOINDER WITHIN TWO WEEKS THEREAFTER
|
| 92 |
|
|
SAURIN R.SHAH,M/S
(Sub-Broker of WELLWORTH SHARE & STOCK BROKING LTD., Member : BSE)
|
|
|
|
SAURIN R.SHAH
|
|
ALLEGED INDULGENCE IN MANIPULATION IN SCRIP OF KOSIAN INDUSTRIES LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.2,50,000 VIDE CONSENT ORDER)
18-MAR-2009
|
|
| 93 |
|
|
SBM INVESTMENTS
(Sub-Broker of MUKESH BABU SECURITIES LTD., Member : BSE)
|
|
|
INDULGED IN SYNCHRONIZED TRADING IN SCRIP OF GLOBAL TRUST BANK LTD.
VIOLATED SEBI CODE OF CONDUCT
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 04-NOV-2004 TO 03-MAR-2005
14-OCT-2004
|
|
| 94 |
|
|
SHAILEE SECURITIES
(Sub-Broker of PRAMODKUMAR JAIN SECURITIES PVT.LTD., Member : BSE)
|
|
|
INDULGED IN CREATING ARTIFICIAL MARKET IN SCRIP OF SPANCO TELESYSTEMS & SOLUTIONS LTD.
DID NOT EXERCISE DUE SKILL AND DILIGENCE
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 15-MAR-2007 TO 29-MAR-2007
22-FEB-2007
|
|
| 95 |
|
|
SHAILEE SECURITIES
(Sub-Broker of PRAMODKUMAR JAIN SECURITIES PVT.LTD., Member : BSE)
|
|
|
|
JANAK B.RAJA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SPECULATIVE TRANSACTIONS DONE BY THE CLIENTS WITHOUT ANY INTENTION OF GIVING OR TAKING DELIVERY OF SHARES OF MOREPEN HOTELS LTD.
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE IN MATTER OF MOREPEN HOTELS LTD.
DID NOT COLLECT MARGINS FROM CLIENTS
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 17-JAN-2006 TO 16-MAR-2006
27-DEC-2005
|
|
| 96 |
|
|
SHARE AIDS
(PAN:AELPP3342M)
(Sub-Broker of SKSE SECURITIES LTD., Member : BSE/NSE)
|
|
|
|
GUNVANT J.ZALADI
PAN:AELPP3342M
|
|
INDULGED IN MARKET MANIPULATION AND PRICE MANIPULATION THROUGH SYNCHRONIZED AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF ATUL AUTO LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1),D(1),D(4) AND D(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF ATUL AUTO LTD.
|
IMPOSED PENALTY RS.2,50,000 ALONG WITH OTHER ENTITIES/PERSONS
17-AUG-2010
|
|
| 97 |
|
|
SHARE AIDS
(PAN:AELPP3342M)
(Sub-Broker of SKSE SECURITIES LTD., Member : SKSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME IN SCRIP OF SHREE YAAX PHARMA & COSMETICS LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
20-AUG-2008
|
|
| 98 |
|
|
SHARE PLAZA
(Sub-Broker of NAM SECURITIES LTD., Member : NSE)
|
|
|
INDULGED IN SYNCHRONIZED TRANSACTIONS IN SCRIP OF EIDER INFOTECH LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
15-JAN-2009
|
|
| 99 |
|
|
SHIVAM INVESTMENTS
|
|
|
AIDED AND ABETTED PROMOTERS/DIRECTORS OF THE COMPANY AND PERSONS RELATED/ASSOCIATED WITH THEM TO MANIPULATE PRICE OF SCRIP OF BARASIA HOLDING & TRADING CO.LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
28-NOV-2001
|
|
| 100 |
|
|
SHIVAM INVESTMENTS
(Sub-Broker of JOINDRE CAPITAL SERVICES LTD., Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SPECULATIVE TRANSACTIONS DONE BY CLIENTS WITHOUT ANY INTENTION OF TAKING OR GIVING DELIVERY OF SHARES OF EONOUR SOFTWARE LTD.
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 20-JAN-2006 TO 19-MAR-2006
30-DEC-2005
|
|
| 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 5 of 7
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