| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 161 |
|
DILIP KUMAR PIPALWA
(PAN:AFUPP1788H)
|
|
|
|
JALAN CEMENT WORKS LTD.
CIN:L65923WB1972PLC028322
PAN:AAACJ6788R
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JALAN CEMENT WORKS LTD. (NOW KNOWN AS AASHRIT CAPITAL LTD.)& SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II), (6), (7), 4(2)(F)(III)(2), (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF JALAN CEMENT WORKS LTD. (NOW KNOWN AS AASHRIT CAPITAL 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 11-MAY-2022 TO 10-MAY-2023
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
IMPOSED PENALTY RS.10,00,000
11-MAY-2022
|
SAT: SAT VIDE ITS ORDER DATED 13/06/2022 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND APPELLANT TO FILE REJOINDER WITHIN THREE WEEKS THEREAFTER. DIRECTED THAT THE DEBARMENT ORDER AGAINST APPELLANT TO REMAIN STAYED DURING PENDENCY OF THE APPEAL AND APPELLANT TO DEPOSIT 50% OF PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER AND IF DEPOSITED, THE BALANCE AMOUNT NOT BE RECOVERED DURING PENDENCY OF THE APPEAL
SAT: SAT VIDE ITS ORDER DATED 29/07/2022 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY
SEBI VIDE ITS NOTICE DATED 16/09/2022 DIRECTED TO PAY RS.10,51,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 22/08/2022 GRANTED THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 12/05/2023 CONDONED THE DELAY IN FILING OF APPEAL AND DISMISSED THE APPEAL
SAT: SAT VIDE ITS ORDER DATED 01/05/2023 CONDONED THE DELAY IN FILING OF APPEAL
|
| 162 |
|
|
DILIP SHANGHVI
(PAN:AMPPS4862F)
|
|
|
ALLEGED FAILURE IN TAKING PRIOR APPROVAL FROM AUDIT COMMITTEE FOR TRANSACTIONS WITH ADITYA MEDISALES LTD.VIOLATING REGULATION 23(2) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SUN PHARMACEUTICAL INDUSTRIES LTD.
ALLEGED FAILURE IN TAKING PRIOR APPROVAL FROM SHAREHOLDERS FOR RELATED PARTY TRANSACTIONS WITH ADITYA MEDISALES LTD.VIOLATING REGULATION 23(4) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SUN PHARMACEUTICAL INDUSTRIES LTD.
ALLEGED FAILURE IN MAKING DISCLOSURE OF RELATED PARTY TRANSACTIONS WITH ADITYA MEDISALES LTD. IN ANNUAL REPORTS VIOLATING REGULATION 34(3) READ WITH SCHEDULE V OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SUN PHARMACEUTICAL INDUSTRIES LTD.
ALLEGED OMISSION OF RELATED PARTY TRANSACTIONS IN FINANCIAL STATEMENTS, THE COMPLIANCE CERTIFIED PROVIDED WAS UNTRUE VIOLATING REGULATIONS 33(2)(A) AND 17(8) READ WITH PART B OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SUN PHARMACEUTICAL INDUSTRIES LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.62,35,000 VIDE CONSENT ORDER)
11-FEB-2021
|
|
| 163 |
|
|
DINESH GANGARAM AGRAWAL
(PAN:ABLPA5717E)
|
|
|
|
PRABHU STEEL INDUSTRIES LTD.
PAN:AABCP0025E
|
|
MISPRESENTED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(A) TO 4(1)(C), 4(1)(G), 4(1)(H), 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(7), 4(2)(F)(II)(8), 4(2)(F)(III)(1), 4(2)(F)(III)(3), 4(2)(F)(III)(6), 4(2)(F)(III)(12) AND 33(1)(A)(C) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTIONS 21 AND 24 OF SCRA, 1956 AND SECTION 27 OF SEBI ACT, 1992 IN MATTER OF PRABHU STEEL INDUSTRIES LTD.
DID NOT ADHERE TO ACCOUNTING STANDARD VIOLATING REGULATION 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF PRABHU STEEL INDUSTRIES LTD.
DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONS VIOLATING REGULATION 34(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF PRABHU STEEL INDUSTRIES LTD.
ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II AND REGULATION 33(2)(A) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTIONS 21 AND 24 OF SEBI SCRA, 1956 IN MATTER OF PRABHU STEEL INDUSTRIES LTD.
|
IMPOSED PENALTY RS.3,00,000
10-APR-2024
|
SEBI VIDE ITS NOTICE DATED 22/08/2021 DIRECTED TO PAY RS.3,16,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 13/08/2024 GRANTED RESPONDENT FOUR WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER TWO WEEKS THEREAFTER
SEBI VIDE ITS ORDER DATED 09/09/2024 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 13/09/2024 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 09/09/2024
SEBI VIDE ITS ORDER DATED 13/09/2024 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.7943 OF 2024 DATED 22/08/2024
|
| 164 |
|
|
DINESH MAJUMDAR
(PAN:ADUPM4085C)
(Along with : FALGUNI MAJUMDAR,
PUSHPA MAJUMDAR,
LIPIKA RAY,
DIBYENDU SARKAR)
|
|
|
DID NOT MAKE DISCLOSURE OF ADVANCE OF RS.0.17 CRORES TAKEN FROM MANTRA PANAGARH DEVELOPERS PVT.LTD. VIOLATING REGULATION 4(2)(F)(II) (6) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RITMAN INFRA LTD.
|
IMPOSED PENALTY RS.2,00,000 ALONG WITH OTHER ENTITIES/PERSONS
24-DEC-2019
|
SAT: SAT VIDE ITS ORDER DATED 06/03/2020 SET ASIDED PENALTY AMOUNT OF RS.5 LACS AND DISPOSED OFF THE APPEAL WITH WARNING TO APPELLANT
|
| 165 |
|
|
DINESH MOHAN NAIK
(PAN:ACAPN2393M)
|
|
|
|
G.V.FILMS LTD.
CIN:L92490MH1989PLC238780
PAN:AAACG2118C
|
|
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.
|
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.1,00,000
26-AUG-2022
|
SAT: SAT 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 SET ASIDE PENALTIES IMPOSED
|
| 166 |
|
|
DINESH RAJA PUNNIAMURTHY
(PAN:ALIPD6880G)
|
|
|
DID NOT CARRY OUT ADEQUATE DUE DILIGENCE, ACTED LIKE AN AGENT OF THE COMPANY AND 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 AND REGULATION 25(5) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SECUREKLOUD TECHNOLOGIES LTD. (FORMERLY KNOWN AS 8K MILES SOFTWARE SERVICES LTD.)
MADE FALSE DISCLOSURE IN QUARTERLY FINANCIAL STATEMENTS VIOLATING REGULATION 4(1)(C) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SECUREKLOUD TECHNOLOGIES LTD. (FORMERLY KNOWN AS 8K MILES SOFTWARE SERVICES LTD.)
PROVIDED FALSE/INCORRECT/INCOMPLETE INFORMATION IN RESPONSE TO SUMMONS IN MATTER OF SECUREKLOUD TECHNOLOGIES LTD. (FORMERLY KNOWN AS 8K MILES SOFTWARE SERVICES LTD.)
|
IMPOSED PENALTY RS.20,00,000
20-JAN-2023
|
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.21,21,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 14/07/2023 DIRECTED APPELLANT TO DEPOSIT 50% OF PENALTY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND IF AMOUNT DEPOSITED, BALANCE AMOUNT NOT TO BE RECOVERED DURING PENDENCY OF THE APPEAL
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.6712 OF 2023 DATED 26/06/2023
|
| 167 |
|
|
DINESH S.KANODIA
(PAN:AEHPK9440F)
|
|
|
|
SHIRPUR GOLD REFINERY LTD.
PAN:AAACA4896K
|
|
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) AND (K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SHIRPUR GOLD REFINERY LTD.
MISPRESENTED FINANCIAL STATEMENTS/RESULTS AND DID NOT GIVE A TRUE AND FAIR VIEW OF FINANCIAL PERFORMANCE AND POSITION VIOLATING REGULATIONS 4(1)(C) TO 4(1)(D) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SHIRPUR GOLD REFINERY LTD.
DID NOT MAKE DISCLOSURE OF MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES VIOLATING SECTIONS 27(1) AND/OR 27(2) READ WITH REGULATIONS 30(2) AND 30(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SHIRPUR GOLD REFINERY LTD.
DID NOT EXERCISE DUE DILIGENCE AS MEMBER OF AUDIT COMMITTEE VIOLATING REGULATION 18(3) READ WITH PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SHIRPUR GOLD REFINERY 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
25-APR-2023
|
|
| 168 |
|
|
DINESHBHAI BHANUSHANKAR PANDYA
(PAN:AMKPP2718A)
|
|
|
|
ADD-SHOP E-RETAIL LTD.
PAN:AAMCA0240P
|
|
PUBLISHED FALSE AND MISLEADING FINANCIAL STATEMENTS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(E), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANICS AGRO LTD.
PUBLISHED FALSE AND MISLEADING FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1), 4(2)(E), 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(6) 4(2)(F)(II)(7), 4(2)(F)(II)(8), 4(2)(F)(III)(7), 18(2), 23(2), 33(1)(A), 33(1)(C), 34(3) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27 OF SEBI ACT, 1992 IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANICS AGRO 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 06-MAY-2024 TILL FURTHER ORDERS
RESTRAINED FROM ACTING AS DIRECTORS OR KEY MANAGERIAL PERSONNEL OF ANY PUBLIC COMPANY, WHICH INTENDS TO RAISE MONEY FROM PUBLIC, INCLUDING DADA ORGANICS LTD. FROM 06-MAY-2024 TILL FURTHER ORDERS
06-MAY-2024
|
|
| 169 |
|
|
DIPAK KUMAR SINGH
(PAN:AMAPS1805K)
(Along with : LAXMI SINGH,
YASH SINGH)
|
|
|
|
EMKAY CONSULTANTS LTD.
|
|
DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATION 31A(5) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF EMKAY CONSULTANTS LTD.
DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATIONS 3(1), 3(2) AND 4 OF SAST REGULATIONS, 2011 IN MATTER OF EMKAY CONSULTANTS LTD.
|
IMPOSED PENALTY RS.20,00,000 ALONG WITH OTHER ENTITIES/PERSONS
25-NOV-2025
|
SAT: SAT VIDE ITS ORDER DATED 12/01/2026 GRANTED RESPONDENTS SIX WEEKS TO FILE REPLY AND REJOINDER, IF ANY, BE FILED WITHIN THREE WEEKS THEREAFTER
|
| 170 |
|
|
DIPAN BABULAL PATWA
(PAN:ADSPP9952D)
(Along with : MANISH JAYSUKHLAL JANANI,
JEEYAN DIPAN PATWA,
SONAL DEEPAN PATWA)
|
|
|
PUBLISHED MISREPRESENTED/MANIPULATED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(2)(F), 4(2)(K), 4(2)(R) READ WITH 2(1)(B) AND 2(1)(C) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF LYPSA GEMS JEWELLERY LTD.
PUBLISHED MISREPRESENTED/MANIPULATED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(C), 4(1)(D), 4(1)(E) AND 4(1)(G) TO 4(1)(J) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF LYPSA GEMS JEWELLERY LTD.
INDULGED IN MISREPRESENTATION AND MISSTATEMENT OF FINANCIAL STATEMENTS IN ANNUAL RESULT AND ANNUAL REPORTS VIOLATING OF REGULATIONS 4(1)(A), 4(1)(B), 4(2)(E)(I), 33(3)(D), 34(2)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF LYPSA GEMS JEWELLERY LTD.
DID NOT INCLUDE STATUTORY AUDITOR’S REPORT AND DID NOT MAKE DISCLOSURE OF AOC-1 IN FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(A), 4(1)(C) TO 4(1)(E), 4(1)(G) TO 4(1)(J), 4(2)(E)(I) AND 34(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF LYPSA GEMS JEWELLERY LTD.
DID NOT PROVIDE CERTIFICATE OF NON-DISQUALIFICATION OF DIRECTORS IN FINANCIAL STATEMENTS AND ANNUAL REPORTS VIOLATING REGULATIONS 4(1)(A), 4(1)(C) TO 4(1)(E), 4(1)(G) TO 4(1)(J), 4(2)(E)(I) AND 34(3) READ WITH SCHEDULE V PARA C CLAUSE 10(I) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF LYPSA GEMS JEWELLERY LTD.
|
IMPOSED PENALTY RS.6,00,000 ALONG WITH OTHER ENTITIES/PERSONS
16-APR-2026
|
|
| 171 |
|
|
DIPIKA AMAR VAKIL
(PAN:AAFPV5603F)
|
|
|
ALLEGED VIOLATION OF REGULATION 10(4)(C) OF SEBI (DELISTING) REGULATIONS, 2021 IN THE MATTER OF ELCID INVESTMENTS LTD.
ALLEGED VIOLATION OF REGULATION 4(1)(G) OF SEBI (LODR) REGULATIONS, 2015 IN THE MATTER OF ELCID INVESTMENTS LTD.
ALLEGED VIOLATION OF REGULATIONS 4(2)(F)(III)(3) AND (6) OF SEBI (LODR) REGULATIONS, 2015 IN THE MATTER OF ELCID INVESTMENTS LTD.
ALLEGED VIOLATION OF SECTION 166(2) AND 166(3) OF COMPANIES ACT, 2013 IN THE MATTER OF ELCID INVESTMENTS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.8,12,500 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
21-MAY-2024
|
|
| 172 |
|
|
E.SUBBARAYAN
(PAN:BEBPS0342K)
|
|
|
|
TATIA GLOBAL VENNTURE LTD.
CIN:L18101TN1994PLC026546
PAN:AAACT1724B
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF TGVL AND CONSOLIDATING SUBSIDIARIES VIOLATING REGULATIONS 4(1)(A) 4(1)(C), (E) & (G), 4(2)(F)(II)(6) & (7), 4(2)(F)(III)(3),(6) & (12), 16(1)(B)(IV), 17(1)(B), 18(1)(B), 19(1), 23(3), 24(3), 25(3), 33, CLAUSE B(2) OF SCHEDULE III READ WITH REGULATIONS 30 AND 48 OF SEBI (LODR) REGULATION, 2015 IN MATTER OF TATIA GLOBAL VENNTURE 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 28-MAY-2021 TO 27-MAY-2022
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
28-MAY-2021
|
SAT: SAT VIDE ITS ORDER DATED 18/11/2021 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 28/02/2022 CONDONED THE DELAY IN FILING OF REJOINDER AFFIDAVIT
SAT: SAT VIDE ITS ORDER DATED 24/08/2022 PARTLY ALLOWED THE APPEAL AND SET ASIDE IMPUGNED ORDER DATED 28/05/2021
|
| 173 |
|
|
E.SUBBARAYAN
(PAN:BEBPS0342K)
|
|
|
|
TATIA GLOBAL VENNTURE LTD.
CIN:L18101TN1994PLC026546
PAN:AAACT1724B
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF TGVL AND CONSOLIDATING SUBSIDIARIES VIOLATING REGULATIONS 4(1)(A) 4(1)(C), (E) & (G), 4(2)(F)(II)(6) & (7), 4(2)(F)(III)(3),(6) & (12), 16(1)(B)(IV), 17(1)(B), 18(1)(B), 19(1), 23(3), 24(3), 25(3), 33, CLAUSE B(2) OF SCHEDULE III READ WITH REGULATIONS 30 AND 48 OF SEBI (LODR) REGULATION, 2015 IN MATTER OF TATIA GLOBAL VENNTURE LTD.
|
IMPOSED PENALTY RS.6,00,000
28-MAY-2021
|
SAT: SAT VIDE ITS ORDER DATED 03/09/2021 ALLOWED RESPONDENT THREE WEEKS TIME TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 18/11/2021 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 28/02/2022 CONDONED THE DELAY IN FILING OF REJOINDER AFFIDAVIT
SAT: SAT VIDE ITS ORDER DATED 24/08/2022 PARTLY ALLOWED THE APPEAL AND SET ASIDE IMPUGNED ORDER DATED 28/05/2021
|
| 174 |
|
|
EDWARD T.STORY
(PAN:AONPJ7391G)
|
|
|
|
VEDANTA LTD.
PAN:AACCS7101B
|
|
DELAY IN PAYMENT OF DIVIDEND TO CAIRN UK HOLDINGS 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 12-MAR-2024 TO 11-APR-2024
12-MAR-2024
|
SAT: SAT VIDE ITS ORDER DATED 20/03/2024 ALLOWED RESPONDENT FOUR WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER FOUR WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 18/06/2024 GRANTED THREE WEEKS TO FILE REPLY AND ONE WEEK THEREAFTER TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 17/10/2024 CONDONED THE DELAY IN FILING OF APPEAL
|
| 175 |
|
|
ESWAR RAO
(PAN:AFIPM0175K)
|
|
|
|
CONCORD DRUGS LTD.
PAN:AAACC8171D
|
|
MISREPRESENTED FINANCIAL STATEMENTS AND DID NOT TAKE APPROVAL FROM AUDIT COMMITTEE/SHAREHOLDERS FOR RELATED PARTY TRANSACTIONS
TRANSACTED WITH STRUCK OFF ENTITY
DID NOT FILE LIMITED REVIEW REPORT TO STOCK EXCHANGES
WRONGLY REPORTED TRADE RECEIVABLES
MISREPRESENTED IN FINANCIALS OF DEBTORS-CREDITORS NETTING OFF
DISCREPANCIES / DEFICIENCIES IN DOCUMENTATION FOUND IN TRANSACTIONS ENTERED WITH BHUVANA ENTERPRISES
APPOINTED INELIGIBLE INDEPENDENT DIRECTORS
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF CONCORD DRUGS LTD.
DEFAULTED IN APPOINTMENT OF COMPANY SECRETARY AND/OR COMPLIANCE OFFICER VIOLATING REGULATION 6(1) OF SEBI (LODR) REGULATIONS, 2015
DID NOT HAVE SUFFICIENT AND ADEQUATE INTERNAL CONTROL IN PLACE
|
IMPOSED PENALTY RS.11,00,000
11-AUG-2023
|
SEBI VIDE ITS NOTICE DATED 12/12/2023 DIRECTED TO PAY RS.11,56,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 10/07/2024 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 21/08/2024 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.10,51,712.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG
SEBI VIDE ITS NOTICE DATED 03/09/2024 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 10/07/2024
SEBI VIDE ITS ORDER DATED 03/09/2024 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.7460 OF 2023 DATED 12/12/2023
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FAHIM IUNUS SHAIKH
(PAN:BLRPS5717H)
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MISREPRESENTED FINANCIAL STATEMENTS IN PROSPECTUS AND SHOWED FICTITIOUS SALES AND PURCHASES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D) AND 4(1), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF VARANIUM CLOUD LTD.
MISREPRESENTED FINANCIAL STATEMENTS IN PROSPECTUS AND SHOWED FICTITIOUS SALES AND PURCHASES VIOLATING REGULATION 24(1) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF VARANIUM CLOUD LTD.
MISREPRESENTED FINANCIAL STATEMENTS IN PROSPECTUS AND SHOWED FICTITIOUS SALES AND PURCHASES VIOLATING REGULATIONS 4(1)(A) TO 4(1)(C), 4(1)(E),4(1)(G) AND 4(1)(J) AND 33(1)(A), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH IND AS-1 IN MATTER OF VARANIUM CLOUD LTD.
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DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 25-AUG-2026 TO 24-AUG-2027
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 25-AUG-2026 TO 24-AUG-2027
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 FROM 25-AUG-2026 TO 24-AUG-2027
IMPOSED PENALTY RS.6,00,000
25-AUG-2026
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FALGUNI MAJUMDAR
(PAN:AHTPM7003M)
(Along with : PARAG MAJMUDAR)
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DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONS IN ANNUAL REPORT FOR FY.2015-16 AND 2016-17 VIOLATING REGULATION 4(2)(F)(I) (1) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RITMAN INFRA LTD.
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IMPOSED PENALTY RS.3,00,000 ALONG WITH OTHER ENTITIES/PERSONS
24-DEC-2019
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SAT: SAT VIDE ITS ORDER DATED 06/03/2020 SET ASIDED PENALTY AMOUNT OF RS.5 LACS AND DISPOSED OFF THE APPEAL WITH WARNING TO APPELLANT
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FALGUNI MAJUMDAR
(PAN:AHTPM7003M)
(Along with : DINESH MAJUMDAR,
PUSHPA MAJUMDAR,
LIPIKA RAY,
DIBYENDU SARKAR)
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DID NOT MAKE DISCLOSURE OF ADVANCE OF RS.0.17 CRORES TAKEN FROM MANTRA PANAGARH DEVELOPERS PVT.LTD. VIOLATING REGULATION 4(2)(F)(II) (6) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RITMAN INFRA LTD.
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IMPOSED PENALTY RS.2,00,000 ALONG WITH OTHER ENTITIES/PERSONS
24-DEC-2019
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SAT: SAT VIDE ITS ORDER DATED 06/03/2020 SET ASIDED PENALTY AMOUNT OF RS.5 LACS AND DISPOSED OFF THE APPEAL WITH WARNING TO APPELLANT
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G.L.VISHWANATH
(PAN:AAGPV1493C)
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KOLTE-PATIL DEVELOPERS LTD.
PAN:AAACK7310G
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ALLEGED INDULGED IN SUBMISSION OF INCORRECT CERTIFICATE THAT THEY COMPLY WITH ALL THE CRITERIA OF INDEPENDENT DIRECTOR VIOLATING REGULATION 25(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF KOLTE-PATIL DEVELOPERS LTD.
ALLEGED BOTH THE INDEPENDENT DIRECTORS WERE DIRECTLY RELATED HENCE EVALUATION OF BOARD OF DIRECTORS OF KOLTE-PATIL DEVELOPERS LTD. WAS NOT IN COMPLIANCE OF REGULATION 17(10)(B) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF KOLTE-PATIL DEVELOPERS LTD.
ALLEGED BOTH THE INDEPENDENT DIRECTORS WERE DIRECTLY RELATED TO EACH OTHER HENCE DID NOT MEET CRITERIA OF INDEPENDENT DIRECTORS VIOLATING REGULATION 17(11)(B) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF KOLTE-PATIL DEVELOPERS LTD.
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REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.10,72,500 VIDE CONSENT ORDER)
18-NOV-2022
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G.R.ARUN KUMAR
(PAN:ADJPA2469F)
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VEDANTA LTD.
PAN:AACCS7101B
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DELAY IN PAYMENT OF DIVIDEND TO CAIRN UK HOLDINGS 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 12-MAR-2024 TO 11-MAY-2024
12-MAR-2024
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SAT: SAT VIDE ITS ORDER DATED 20/03/2024 STAYED EFFECT AND OPERATION OF IMPUGNED ORDER AND DIRECTED APPELLANT TO DEPOSIT 50% OF INTEREST AMOUNT TO CAIRN UK HOLDINGS LTD. IN INTEREST BEARING ACCOUNT WITHIN TWO WEEKS FROM DATE OF THIS ORDER. IF AMOUNT DEPOSITED, BALANCE AMOUNT NOT TO BE RECOVERED DURING PENDENCY OF APPEAL
SAT: SAT VIDE ITS ORDER DATED 18/06/2024 GRANTED THREE WEEKS TO FILE REPLY AND ONE WEEK THEREAFTER TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 17/10/2024 CONDONED THE DELAY IN FILING OF APPEAL
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