| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
ABHISHEK PRAKASH JAIN
(PAN:ACYPJ0954E)
|
|
|
|
DARJEELING INDUSTRIIES LTD.
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF DARJEELING ROPEWAY CO.LTD. (NOW KNOWN AS DARJEELING INDUSTRIES LTD.)
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-JUN-2026 UNTIL FURTHER ORDERS
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
30-JUN-2026
|
|
| 2 |
|
|
ALKA SAHNI
(PAN:ABLPS8090C)
|
|
|
|
LS INDUSTRIES LTD.
CIN:L51505HP1993PLC031724
PAN:AAACL1987E
|
|
DESIGNED MANIPULATIVE SCHEME TO DEFRAUD INVESTORS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(A), 4(2)(B) AND 4(2)(E) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF LS INDUSTRIES LTD.
|
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
RESTRAINED FROM BUYING, SELLING OR DEALING IN SHARES OF LS INDUSTRIES LTD. EITHER DIRECTLY OR INDIRECTLY IN ANY MANNER WHATSOEVER FROM 11-FEB-2025 UNTIL FURTHER ORDERS
11-FEB-2025
|
SEBI VIDE ITS ORDER DATED 30/05/2025 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 11/02/2025 AND DIRECTED TO COOPERATE WITH SEBI IN INVESTIGATION IN RIGHT EARNEST
|
| 3 |
|
|
ASHOK DILIPKUMAR JAIN
(PAN:AFKPJ3803R)
|
|
|
|
DARJEELING INDUSTRIIES LTD.
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF DARJEELING ROPEWAY CO.LTD. (NOW KNOWN AS DARJEELING INDUSTRIES LTD.)
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-JUN-2026 UNTIL FURTHER ORDERS
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
30-JUN-2026
|
|
| 4 |
|
|
DILIP KESHRIMAL SANKLECHA
(PAN:BPCPS4492E)
|
|
|
|
DARJEELING INDUSTRIIES LTD.
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF DARJEELING ROPEWAY CO.LTD. (NOW KNOWN AS DARJEELING INDUSTRIES LTD.)
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-JUN-2026 UNTIL FURTHER ORDERS
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
30-JUN-2026
|
|
| 5 |
|
|
JAHANGIR PANIKKAVEETTIL PERUMBARAMBATHU
(PAN:ASHPM4547P)
|
|
|
|
LS INDUSTRIES LTD.
CIN:L51505HP1993PLC031724
PAN:AAACL1987E
|
|
DESIGNED MANIPULATIVE SCHEME TO DEFRAUD INVESTORS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(A), 4(2)(B) AND 4(2)(E) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF LS INDUSTRIES LTD.
|
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
RESTRAINED FROM BUYING, SELLING OR DEALING IN SHARES OF LS INDUSTRIES LTD. EITHER DIRECTLY OR INDIRECTLY IN ANY MANNER WHATSOEVER FROM 11-FEB-2025 UNTIL FURTHER ORDERS
DIRECTED TO IMPOUND UNLAWFUL GAIN RS.1,14,01,135
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
ALLOWED BANKS TO DEBIT FOR THE PURPOSE OF COMPLYING WITH THIS ORDER
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
11-FEB-2025
|
SEBI VIDE ITS ORDER DATED 30/05/2025 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 11/02/2025 AND DIRECTED TO COOPERATE WITH SEBI IN INVESTIGATION IN RIGHT EARNEST
|
| 6 |
|
|
JOY BANERJEE
(PAN:AKHPB2387G)
|
|
|
|
DARJEELING INDUSTRIIES LTD.
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF DARJEELING ROPEWAY CO.LTD. (NOW KNOWN AS DARJEELING INDUSTRIES LTD.)
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-JUN-2026 UNTIL FURTHER ORDERS
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
30-JUN-2026
|
|
| 7 |
|
|
KALIDAS VIJAY MAGAR
(PAN:ATYPM2197F)
|
|
|
|
DARJEELING INDUSTRIIES LTD.
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF DARJEELING ROPEWAY CO.LTD. (NOW KNOWN AS DARJEELING INDUSTRIES LTD.)
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-JUN-2026 UNTIL FURTHER ORDERS
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
30-JUN-2026
|
|
| 8 |
|
|
KIRTI RAVI KOTHARI
(PAN:AXVPK4470E)
|
|
|
|
DARJEELING INDUSTRIIES LTD.
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF DARJEELING ROPEWAY CO.LTD. (NOW KNOWN AS DARJEELING INDUSTRIES LTD.)
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-JUN-2026 UNTIL FURTHER ORDERS
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
30-JUN-2026
|
|
| 9 |
|
|
PRADEEP SUTODIYA
(PAN:ALEPS7502E)
|
|
|
|
DARJEELING INDUSTRIIES LTD.
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF DARJEELING ROPEWAY CO.LTD. (NOW KNOWN AS DARJEELING INDUSTRIES LTD.)
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-JUN-2026 UNTIL FURTHER ORDERS
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
30-JUN-2026
|
|
| 10 |
|
|
PUNYAH SACHIN JAIN
(PAN:BUUPJ3059D)
|
|
|
|
DARJEELING INDUSTRIIES LTD.
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF DARJEELING ROPEWAY CO.LTD. (NOW KNOWN AS DARJEELING INDUSTRIES LTD.)
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-JUN-2026 UNTIL FURTHER ORDERS
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
30-JUN-2026
|
|
| 11 |
|
|
RAJESH JASVANTRAI MEHTA
(PAN:ADKPM0172C)
|
|
|
|
RAJESH EXPORTS LTD.
PAN:AAACR8642N
|
|
DISSEMINATED FINANCIAL STATEMENTS AND ANNUAL REPORTS TO STOCK EXCHANGES AND INVESTORS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) 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 RAJESH EXPORTS LTD.
PUBLISHED MISREPRESENTED FINANCIAL RESULTS AND ANNUAL FINANCIAL STATEMENTS TO STOCK EXCHANGES AND INVESTORS VIOLATING REGULATIONS 4(1)(C), 4(1)(E), 4(1)(G), 4(1)(H), 4(1)(J) AND 4(2)(E)(I) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RAJESH EXPORTS LTD.
DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONS VIOLATING REGULATION 34(3) READ WITH CLAUSE 1 OF PARA A OF SCHEDULE V OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RAJESH EXPORTS LTD.
DID NOT PLACE RELATED PARTY TRANSACTIONS BEFORE AUDIT COMMITTEE AND DID NOT OBTAIN PRIOR APPROVAL FOR SUCH TRANSACTIONS VIOLATING REGULATION 23(2) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RAJESH EXPORTS LTD.
DID NOT ADHERE TO ACCOUNTING STANDARDS INCLUDING IND AS 1, IND AS 21, IND AS 24, IND AS 32, IND AS 107, IND AS 110 AND IND AS 115 VIOLATING REGULATIONS 4(1)(A), 4(1)(B), 4(2)(E)(I), 33(1)(A), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RAJESH EXPORTS LTD.
DID NOT UPLOAD AUDITED FINANCIAL STATEMENTS OF ITS SUBSIDIARIES/STEP-DOWN SUBSIDIARIES ON WEBSITE VIOLATING REGULATION 46(2)(S) OF SEBI (LODR) REGULATIONS, 2015 AND SECTION 136(1) OF THE COMPANIES ACT, 2013 IN MATTER OF RAJESH EXPORTS LTD.
DID NOT PROVIDE INFORMATION TO SEBI
PROVIDED INCOMPLETE AND INACCURATE INFORMATION / DOCUMENTS
DID NOT CO-OPERATE WITH SEBI IN INSPECTION
|
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
DIRECTED SEBI TO APPOINT FORENSIC AUDITOR TO EXAMINE BOOKS OF ACCOUNTS
DIRECTED TO EXTEND NECESSARY CO–OPERATION TO FORENSIC AUDITOR/AUDIT FIRM APPOINTED AND FURNISH ALL INFORMATION/DOCUMENTS SOUGHT
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 03-JUN-2026 UNTIL FURTHER ORDERS
03-JUN-2026
|
|
| 12 |
|
|
SONALI ABHAYKUMAR PARMAR
(PAN:BNEPP3038F)
|
|
|
|
DARJEELING INDUSTRIIES LTD.
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF DARJEELING ROPEWAY CO.LTD. (NOW KNOWN AS DARJEELING INDUSTRIES LTD.)
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-JUN-2026 UNTIL FURTHER ORDERS
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
30-JUN-2026
|
|
| 13 |
|
|
SURESH GOYAL
(PAN:AANPG7006M)
|
|
|
|
LS INDUSTRIES LTD.
CIN:L51505HP1993PLC031724
PAN:AAACL1987E
|
|
DESIGNED MANIPULATIVE SCHEME TO DEFRAUD INVESTORS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(A), 4(2)(B) AND 4(2)(E) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF LS INDUSTRIES LTD.
|
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
RESTRAINED FROM BUYING, SELLING OR DEALING IN SHARES OF LS INDUSTRIES LTD. EITHER DIRECTLY OR INDIRECTLY IN ANY MANNER WHATSOEVER FROM 11-FEB-2025 UNTIL FURTHER ORDERS
11-FEB-2025
|
SEBI VIDE ITS ORDER DATED 30/05/2025 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 11/02/2025 AND DIRECTED TO COOPERATE WITH SEBI IN INVESTIGATION IN RIGHT EARNEST
|
| 14 |
|
|
VIHA ASHOK JAIN
(PAN:ATTPJ3248F)
|
|
|
|
DARJEELING INDUSTRIIES LTD.
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF DARJEELING ROPEWAY CO.LTD. (NOW KNOWN AS DARJEELING INDUSTRIES LTD.)
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-JUN-2026 UNTIL FURTHER ORDERS
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
30-JUN-2026
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
