| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
AAKRUTI CONCEPTS PVT.LTD.
(PAN:AAECA8576E)
|
|
|
MOBILIZED RS.29.84 CRORE THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 284 INVESTORS VIOLATING SECTIONS 56(1), 56(3), 60 AND 73 OF THE COMPANIES ACT, 1956 IN MATTER OF AAKRUTI NIRMITI LTD.
MOBILIZED RS.29.84 CRORE THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 284 INVESTORS VIOLATING CLAUSES 2.1.1, 2.1.4, 2.2,4.11, 4.14, 5.3.1, 5.4.1, 5.6.2, 8.8.1, 5.6A AND 6.0 TO 6.15 OF SEBI (DIP) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2000 READ WITH SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF AAKRUTI NIRMITI LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 03-MAY-2021 TO 02-NOV-2021
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 03-MAY-2021 TO 02-NOV-2021
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 03-MAY-2021 TO 02-NOV-2021
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
03-MAY-2021
|
SAT: SAT VIDE ITS ORDER DATED 29/09/2021 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 18/11/2021 CONDONED THE DELAY OF 80 DAYS IN FILING OF APPEAL
|
| 2 |
|
|
AAKRUTI NIRMITI LTD.
(PAN:AAGCA3529F)
|
|
|
|
MANILAL V.PATEL
PAN:AABPP0422C
|
|
|
VITHAL S.PATEL
PAN:AABPP0399Q
|
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MOBILIZED RS.29.84 CRORE THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 284 INVESTORS VIOLATING SECTIONS 56(1), 56(3), 60 AND 73 OF THE COMPANIES ACT, 1956 IN MATTER OF AAKRUTI NIRMITI LTD.
MOBILIZED RS.29.84 CRORE THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 284 INVESTORS VIOLATING CLAUSES 2.1.1, 2.1.4, 2.2,4.11, 4.14, 5.3.1, 5.4.1, 5.6.2, 8.8.1, 5.6A AND 6.0 TO 6.15 OF SEBI (DIP) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2000 READ WITH SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF AAKRUTI NIRMITI LTD.
|
DIRECTED TO REFUND MONEY TO THE INVESTORS
DIRECTED TO MAKE REFUND THROUGH BANKING CHANNELS SUCH AS DEMAND DRAFT AND/OR PAY ORDER AND/OR ELECTRONIC MODE OF TRANSFER
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
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM
DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY
DIRECTED TO FILE CERTIFICATE OF COMPLETION OF PROCESS WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS
PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 03-MAY-2021 TO 02-MAY-2022
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 03-MAY-2021 TO 02-MAY-2022
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 03-MAY-2021 TO 02-MAY-2022
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
03-MAY-2021
|
SAT: SAT VIDE ITS ORDER DATED 29/09/2021 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 18/11/2021 CONDONED THE DELAY OF 80 DAYS IN FILING OF APPEAL
|
| 3 |
|
|
BCL INDUSTRIES LTD.
(CIN:AAACB5510B
PAN:AAACB5510B)
|
|
|
|
RAJINDER MITTAL
PAN:AARPM9226F
|
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ALLEGED FAILURE TO DISCLOSE MANOJ FINVEST PVT.LTD. AS PART OF PROMOTER GROUP VIOLATING REGULATION 31(4) OF SEBI (LODR) REGULATIONS, 2015 READ WITH REGULATIONS 2(1)(PP)(IV)(B) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF BCL INDUSTRIES LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.14,30,000 VIDE CONSENT ORDER)
06-MAR-2025
|
|
| 4 |
|
|
BRD SECURITIES LTD.
(PAN:AAACB9980B)
|
|
|
MOBILIZED RS.9.75 CRORE FROM PUBLIC THROUGH ISSUANCE OF 97,53,318 EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 3,534 INVESTORS VIOLATING SECTIONS 56(1), 56(3) 60(1) AND 73(1) TO 73(3) READ WITH 67 OF THE COMPANIES ACT, 1956 IN MATTER OF BRD SECURITIES LTD.
MOBILIZED RS.9.75 CRORE FROM PUBLIC THROUGH ISSUANCE OF 97,53,318 EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 3,534 INVESTORS VIOLATING CLAUSES 2.1.4, 2.1.5, 5.3.1, 2.1.1, 5.6.2, 2.2, 4.14.11, 4.14, 8.8.1, 5.6A, 8.6.1, 6.0 TO 6.33 AND 5.12 OF SEBI (DIP) GUIDELINES, 2000
MOBILIZED RS.9.75 CRORE FROM PUBLIC THROUGH ISSUANCE OF 97,53,318 EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 3,534 INVESTORS VIOLATING REGULATIONS 4(2)(D), 4(2)(E), 5(1), (2), (5) & (7), 6(1), 7, 26(1), (2) & (6) 32(1), 36, 37, 46(1), 47(1), 49(1), 57(1), 58(1) & (2) AND 63 OF SEBI (ICDR) REGULATIONS 2009 READ WITH SEBI (ICDR) REGULATIONS, 2018
|
DIRECTED TO REFUND MONEY COLLECTED THROUGH ALLOTMENT OF SHARES ALONGWITH INTEREST @15% PER ANNUM FROM DATE OF RECEIPT OF MONEY
DIRECTED TO MAKE REFUND THROUGH BANKING CHANNELS SUCH AS DEMAND DRAFT AND/OR PAY ORDER AND/OR ELECTRONIC MODE OF TRANSFER
DIRECTED TO FILE CERTIFICATE OF COMPLETION OF PROCESS WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS
RESTRAINED FROM ISSUING ANY FURTHER SECURITIES AND FROM ACCESSING SECURITIES MARKET
25-MAY-2021
|
SAT: SAT VIDE ITS ORDER DATED 20/07/2021 DISPOSED OFF URGENCY APPLICATION. ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 30/09/2021 ALLOWED APPELLANT THREE WEEKS TIME TO FILE REJOINDER
|
| 5 |
|
|
EBIX, INC.
|
|
|
FAILED TO ADEQUATELY DISCLOSE RECLASSIFICATION OF REVENUES FROM A GROSS TO NET BASIS RESULTED IN SIGNIFICANCE CHANGES IN PRESS RELEASE VIOLATING REGULATION 42 READ WITH PARA 1 AND 4 TO 6 OF SCHEDULE IX OF SEBI (ICDR) REGULATIONS, 2018 READ WITH SECTION 27 OF SEBI ACT, 1992
FAILED TO DISCLOSE ISSUANCE OF RBI "LETTER OF DISPLEASURE" DATED 21/03/2023 AND ITS MATERIAL IMPACT ON BUSINESS AND REVENUE OF ISSUER COMPANY IN PRESS RELEASE VIOLATING REGULATION 42 READ WITH PARA 1 AND 4 TO 6 OF SCHEDULE IX OF SEBI (ICDR) REGULATIONS, 2018 READ WITH SECTION 27 OF SEBI ACT, 1992
|
IMPOSED PENALTY RS.6,00,000 ALONG WITH OTHER ENTITIES/PERSONS
19-DEC-2024
|
|
| 6 |
|
|
EBIXCASH LTD.
(PAN:AAACE9981H)
|
|
|
MADE INCORRECT AND BIASED DISCLOSURE OF INFORMATION WITH RESPECT TO CONFIDENTIAL PARTIAL ARBITRATION RULING DATED 01/06/2023 VIOLATING REGULATION 42 READ WITH PARAS 1 AND 4 TO 6 OF SCHEDULE IX OF SEBI (ICDR) REGULATIONS, 2018
|
IMPOSED PENALTY RS.6,00,000 ALONG WITH OTHER ENTITIES/PERSONS
19-DEC-2024
|
|
| 7 |
|
|
ELCID INVESTMENTS LTD.
(PAN:AAACE1611Q)
|
|
|
ALLEGED FAILURE TO MAINTAIN STRUCTURED DIGITAL DATABASE DURING INVESTIGATION PERIOD VIOLATING REGULATIONS 3(5) READ WITH 3(6) OF SEBI (PIT) REGULATIONS, 2015
ALLEGED FAILURE TO DISCLOSE MR.JATIN SARAIYA’S (ONE AMONG THE PROMOTER AND PROMOTER GROUP OF APPLICANT) JOINT SHAREHOLDING OF 50 SHARES WITH HIS SPOUSE AS PART OF PROMOTER AND PROMOTER GROUP, FOR QUARTERS ENDING DECEMBER 2021 TO JUNE 2022 VIOLATING REGULATION 31(1)(B) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SEBI CIRCULAR DATED 30/11/2015
ALLEGED FAILURE TO DISCLOSE MR.JATIN SARAIYA’S (ONE AMONG THE PROMOTER AND PROMOTER GROUP OF APPLICANT) JOINT SHAREHOLDING OF 50 SHARES WITH HIS SPOUSE AS PART OF PROMOTER AND PROMOTER GROUP, FOR QUARTERS ENDING DECEMBER 2021 TO JUNE 2022 VIOLATING REGULATION 2(1)(PP) OF SEBI (ICDR) REGULATIONS, 2018
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.17,31,510 VIDE CONSENT ORDER)
24-JUN-2024
|
|
| 8 |
|
|
EMAMI REALTY LTD.
(CIN:AALCS5120P
PAN:AALCS5120P)
|
|
|
DID NOT OBTAIN IN-PRINCIPLE APPROVAL FROM STOCK EXCHANGES BEFORE ISSUING SECURITIES VIOLATING REGULATION 28(1) OF SEBI (LODR) REGULATIONS, 2015
MADE APPLICATION TO STOCK EXCHANGES REQUESTING IN-PRINCIPLE APPROVAL ON THE SAME DAY WHEN THE NOTICE SENT FOR GENERAL MEETING SEEKING SHAREHOLDERS’ APPROVAL BY WAY OF SPECIAL RESOLUTION VIOLATING REGULATION 160(F) OF SEBI (ICDR) REGULATIONS, 2018
EXCEEDED TENURE EXCEEDING 18 MONTHS OF CONVERTIBLE SECURITIES DATE OF THEIR ALLOTMENT VIOLATING REGULATION 162 OF SEBI (ICDR) REGULATIONS, 2018
DID NOT ADHERE TO SHAREHOLDING PATTERN OF ISSUER BEFORE AND AFTER PREFERENTIAL ISSUE VIOLATING REGULATION 163(D) OF SEBI (ICDR) REGULATIONS, 2018
DID NOT IDENTITY NATURAL PERSONS WHO ARE BENEFICIAL OWNERS OF THE SHARES PROPOSED TO BE ALLOTTED AND WHO WILL ULTIMATELY CONTROL PROPOSED ALLOTTEES VIOLATING REGULATION 163(F) OF SEBI (ICDR) REGULATIONS, 2018
DID NOT ADHERE TO PERCENTAGE OF POST PREFERENTIAL ISSUE CAPITAL THAT MAY BE HELD BY ALLOTTEE AND CHANGE IN CONTROL CONSEQUENT TO THE PREFERENTIAL ISSUE VIOLATING REGULATION 163(FA) OF SEBI (ICDR) REGULATIONS, 2018
DID NOT ADHERE TO CURRENT AND PROPOSED STATUS OF THE ALLOTTEE POST PREFERENTIAL ISSUES VIOLATING REGULATION 163(J) OF SEBI (ICDR) REGULATIONS, 2018
DID NOT ADHERE TO PCS CERTIFICATE BEFORE GENERAL MEETING OF SHAREHOLDERS VIOLATING REGULATION 163(2) OF SEBI (ICDR) REGULATIONS, 2018
DID NOT ADHERE TO PRICING OF FREQUENTLY TRADE SHARES VIOLATING REGULATION 164 OF SEBI (ICDR) REGULATIONS, 2018
DID NOT ADHERE TO LOCK-IN AND RESTRICTIONS ON TRANSFERABILITY VIOLATING REGULATION 167 OF SEBI (ICDR) REGULATIONS, 2018
|
IMPOSED PENALTY RS.5,00,000
06-MAR-2025
|
|
| 9 |
|
|
GCM SECURITIES LTD.
(CIN:L67120WB1995PLC071337
PAN:AABCG1469K)
|
|
|
|
INDER CHAND BAID
PAN:ACXPB4769Q
DIN:00235263
|
|
|
MANISH BAID
PAN:ADWPB8817D
DIN:00239347
|
|
|
SAMIR BAID
PAN:AEIPB5692K
DIN:00243521
|
|
MOBILISED RS.19.14 CRORE THROUGH ISSUANCE OF PREFERENTIAL ALLOTMENT OF EQUITY SHARES TO 251 INVESTORS VIOLATING SECTIONS 56(1), 56(3), 60, 62, 67(1) TO 67(3) AND 73(1) TO 73(3) OF THE COMPANIES ACT, 1956 AND REGULATIONS 4 TO 7, 25, 26, 36, 37, 46, 47, 57 AND 59 OF SEBI (ICDR) REGULATIONS, 2009 READ WITH REGULATION 301 OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF GCM SECURITIES LTD.
|
DIRECTED TO REFUND MONEY TO THE INVESTORS
27-SEP-2022
|
|
| 10 |
|
|
HIRALAL RANGANI (HUF)
|
|
|
MOBILIZED RS.29.84 CRORE THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 284 INVESTORS VIOLATING SECTIONS 56(1), 56(3), 60 AND 73 OF THE COMPANIES ACT, 1956 IN MATTER OF AAKRUTI NIRMITI LTD.
MOBILIZED RS.29.84 CRORE THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 284 INVESTORS VIOLATING CLAUSES 2.1.1, 2.1.4, 2.2,4.11, 4.14, 5.3.1, 5.4.1, 5.6.2, 8.8.1, 5.6A AND 6.0 TO 6.15 OF SEBI (DIP) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2000 READ WITH SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF AAKRUTI NIRMITI LTD.
|
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
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM
DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY
DIRECTED TO FILE CERTIFICATE OF COMPLETION OF PROCESS WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 03-MAY-2021 TO 02-NOV-2021
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 03-MAY-2021 TO 02-NOV-2021
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 03-MAY-2021 TO 02-NOV-2021
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
03-MAY-2021
|
SAT: SAT VIDE ITS ORDER DATED 29/09/2021 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 18/11/2021 CONDONED THE DELAY OF 80 DAYS IN FILING OF APPEAL
|
| 11 |
|
|
MAHESH N.PATEL (HUF)
(PAN:AAHHM2207A)
|
|
|
MOBILIZED RS.29.84 CRORE THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 284 INVESTORS VIOLATING SECTIONS 56(1), 56(3), 60 AND 73 OF THE COMPANIES ACT, 1956 IN MATTER OF AAKRUTI NIRMITI LTD.
MOBILIZED RS.29.84 CRORE THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 284 INVESTORS VIOLATING CLAUSES 2.1.1, 2.1.4, 2.2,4.11, 4.14, 5.3.1, 5.4.1, 5.6.2, 8.8.1, 5.6A AND 6.0 TO 6.15 OF SEBI (DIP) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2000 READ WITH SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF AAKRUTI NIRMITI LTD.
|
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
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM
DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY
DIRECTED TO FILE CERTIFICATE OF COMPLETION OF PROCESS WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 03-MAY-2021 TO 02-NOV-2021
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 03-MAY-2021 TO 02-NOV-2021
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 03-MAY-2021 TO 02-NOV-2021
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
03-MAY-2021
|
SAT: SAT VIDE ITS ORDER DATED 29/09/2021 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 18/11/2021 CONDONED THE DELAY OF 80 DAYS IN FILING OF APPEAL
|
| 12 |
|
|
MANGALAM DRUGS & ORGANICS LTD.
(PAN:AAACM7880P)
|
|
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INDULGED IN ISSUANCE OF WARRANTS/SHARES ON BASIS OF PREFERENTIAL ALLOTMENT WITHOUT RECEIPT OF CONSIDERATION VIOLATING SECTION 12A (A) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF MANGALAM DRUGS & ORGANICS LTD.
INDULGED IN ISSUANCE OF WARRANTS/SHARES ON BASIS OF PREFERENTIAL ALLOTMENT WITHOUT RECEIPT OF CONSIDERATION VIOLATING REGULATIONS 77(2) AND 77(3) OF SEBI (ICDR) REGULATIONS, 2009 READ WITH REGULATION 169(2) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF MANGALAM DRUGS & ORGANICS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-SEP-2020
IMPOSED PENALTY RS.6,00,000
22-SEP-2020
|
SAT: SAT VIDE ITS ORDER DATED 10/12/2020 DIRECTED RESPONDENT THREE WEEKS TIME TO FILE REPLY AND APPELLANT TO FILE REJOINDER TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 27/06/2022 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 22/09/2020
|
| 13 |
|
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MANGALAM LABORATORIES PVT.LTD.
(PAN:AABCM6035H)
|
|
|
INDULGED IN ISSUANCE OF WARRANTS/SHARES ON BASIS OF PREFERENTIAL ALLOTMENT WITHOUT RECEIPT OF CONSIDERATION VIOLATING SECTION 12A (A) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF MANGALAM DRUGS & ORGANICS LTD.
INDULGED IN ISSUANCE OF WARRANTS/SHARES ON BASIS OF PREFERENTIAL ALLOTMENT WITHOUT RECEIPT OF CONSIDERATION VIOLATING REGULATIONS 77(2) AND 77(3) OF SEBI (ICDR) REGULATIONS, 2009 READ WITH REGULATION 169(2) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF MANGALAM DRUGS & ORGANICS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-SEP-2020
IMPOSED PENALTY RS.5,00,000
22-SEP-2020
|
SAT: SAT VIDE ITS ORDER DATED 10/12/2020 DIRECTED RESPONDENT THREE WEEKS TIME TO FILE REPLY AND APPELLANT TO FILE REJOINDER TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 27/06/2022 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 22/09/2020
|
| 14 |
|
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MANILAL V.PATEL (HUF)
(PAN:AADHM1455N)
|
|
|
MOBILIZED RS.29.84 CRORE THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 284 INVESTORS VIOLATING SECTIONS 56(1), 56(3), 60 AND 73 OF THE COMPANIES ACT, 1956 IN MATTER OF AAKRUTI NIRMITI LTD.
MOBILIZED RS.29.84 CRORE THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 284 INVESTORS VIOLATING CLAUSES 2.1.1, 2.1.4, 2.2,4.11, 4.14, 5.3.1, 5.4.1, 5.6.2, 8.8.1, 5.6A AND 6.0 TO 6.15 OF SEBI (DIP) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2000 READ WITH SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF AAKRUTI NIRMITI LTD.
|
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
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM
DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY
DIRECTED TO FILE CERTIFICATE OF COMPLETION OF PROCESS WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 03-MAY-2021 TO 02-NOV-2021
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 03-MAY-2021 TO 02-NOV-2021
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 03-MAY-2021 TO 02-NOV-2021
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
03-MAY-2021
|
SAT: SAT VIDE ITS ORDER DATED 29/09/2021 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 18/11/2021 CONDONED THE DELAY OF 80 DAYS IN FILING OF APPEAL
|
| 15 |
|
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MUZALI ARTS LTD.
(PAN:AACCS6703P)
|
|
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DELAY IN FILING OF APPLICATION FOR IN-PRINCIPAL APPROVAL WITH RESPECT TO PREFERENTIAL ISSUE OF EQUITY SHARES AND/OR WARRANTS TO STOCK EXCHANGES VIOLATING REGULATION 160(F) OF SEBI (ICDR) REGULATIONS, 2018
|
IMPOSED PENALTY RS.2,00,000
13-MAY-2024
|
COMPANY HAS PAID RS.2 LAC TOWARDS PENALTY VIDE ONLINE TRANSACTION REFERENCE NO.Y1622341060804 DATED 30/05/2024
|
| 16 |
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ONE 97 COMMUNICATIONS LTD.
(PAN:AAACO4007A)
|
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VIJAY SHEKHAR SHARMA
PAN:AOAPS4075F
|
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ALLEGED VIOLATION OF REGULATION REGULATION 2(1)(I)(III) OF SEBI (SBEB) REGULATIONS, 2021 IN MATTER OF EMPLOYEES STOCK OPTIONS (ESOPS) OF ONE97 COMMUNICATIONS LTD.
ALLEGED VIOLATION OF REGULATIONS 245(1) AND 245(2) OF SEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018 IN MATTER OF GRANTING OF EMPLOYEES STOCK OPTIONS (ESOPS) OF ONE97 COMMUNICATIONS LTD.
ALLEGED VIOLATION OF REGULATION 2(1)(OO) OF SEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018 IN MATTER OF GRANTING OF EMPLOYEES STOCK OPTIONS (ESOPS) OF ONE97 COMMUNICATIONS LTD.
|
REACHED SETTLEMENT ( CONSENT ORDER)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED TO CANCEL 2,10,00,000 ESOPS GRANTED/VESTED AND NON-EXERCISED)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY TO BE PROHIBITED FROM ACCEPTING ANY FRESH ESOPS FROM ANY LISTED COMPANY) FROM 08-MAY-2025 TO 07-MAY-2028
08-MAY-2025
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| 17 |
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ONE 97 COMMUNICATIONS LTD.
(PAN:AAACO4007A)
|
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AMIT KHERA
PAN:ADIPK2718E
|
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ASHIT RANJIT LILANI
PAN:AEIPL6317D
|
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DOUGLAS FEAGIN
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MARK SCHWARTZ
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MUNISH VARMA
PAN:AAGPV7557F
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NEERAJ ARORA
PAN:AJNPA3852A
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PALLAVI SHARDUL SHROFF
PAN:AQPPS7388Q
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RAVI CHANDRA ADUSUMALLI
PAN:AIHPA6082D
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ALLEGED FAILURE TO ENSURE CONFORMITY WITH THE REGULATORY PROVISIONS APPLICABLE TO LISTED ENTITY IN LETTER AND SPIRIT VIOLATING REGULATION 6(2) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ONE97 COMMUNICATIONS LTD.
ALLEGED FAILURE IN DISCHARGING DUTIES WITH UNBIASED AND INDEPENDENT APPROACH WHILE DECISION-MAKING W.R.T. MATTERS INVOLVING BENEFITS TO MR.VIJAY SHEKHAR SHARMA (MD & CEO, PAYTM) AND HIS RELATIVES VIOLATING REGULATION 4(2) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ONE97 COMMUNICATIONS LTD.
ALLEGED INDULGENCE IN APPROVAL AND SIGNING OFFER DOCUMENTS BY DIRECTORS CONTAINING INCORRECT STATEMENTS AND INCOMPLETE DISCLOSURES VIOLATING REGULATIONS 245(1) AND 245(2) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF ONE97 COMMUNICATIONS LTD.
ALLEGED SIGN OFFER DOCUMENTS CONTAINING INCORRECT STATEMENT AND INCOMPLETE DISCLOSURES W.R.T. COMPANY BEING PROFESSIONALLY MANAGED COMPANY HAVING NO IDENTIFIABLE PROMOTER WHEREAS COMPANY HAVING PROMOTER I.E. MR.VIJAY SHEKHAR SHARMA VIOLATING REGULATIONS 245(1) AND 245(2) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF ONE97 COMMUNICATIONS LTD.
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REACHED SETTLEMENT ( CONSENT ORDER)
17-JAN-2025
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| 18 |
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ONE 97 COMMUNICATIONS LTD.
(PAN:AAACO4007A)
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AJAY SHEKHAR SHARMA
PAN:BBJPS0729P
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ALLEGED VIOLATION OF REGULATION REGULATION 2(1)(I)(III) OF SEBI (SBEB) REGULATIONS, 2021 IN MATTER OF EMPLOYEES STOCK OPTIONS (ESOPS) OF ONE97 COMMUNICATIONS LTD.
ALLEGED VIOLATION OF REGULATIONS 245(1) AND 245(2) OF SEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018 IN MATTER OF GRANTING OF EMPLOYEES STOCK OPTIONS (ESOPS) OF ONE97 COMMUNICATIONS LTD.
ALLEGED VIOLATION OF REGULATIONS 4(1) AND 4(2) OF SEBI (LODR) REGULATIONS, 2015
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REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,11,15,000 VIDE CONSENT ORDER)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED TO CANCEL 2,10,00,000 ESOPS GRANTED/VESTED AND NON-EXERCISED)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED TO CANCEL 2,22,862 ESOPS GRANTED/VESTED UPON BUT NOT EXERCISED)
08-MAY-2025
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| 19 |
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PB GLOBAL LTD.
(PAN:AAACP2251P)
|
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DID NOT OBTAIN IN-PRINCIPLE APPROVAL FROM STOCK EXCHANGE FOR ALLOTMENT OF NCRPS/CCPS
PROPOSED ALLOTTEE OF PREFERENTIAL ISSUE OF SPECIFIED SECURITIES HELD SHARES IN PHYSICAL FORM INSTEAD OF DEMATERIALISED FORM
CONVERTED CONVERTIBLE SECURITIES BEYOND TENURE OF EIGHTEEN MONTHS
DID NOT MAKE DISCLOSURE OF SPECIFIED INFORMATION RELATED TO PREFERENTIAL ISSUE AS EXPLANATORY STATEMENT TO NOTICE FOR GENERAL MEETING
ISSUED OFFER DOCUMENT AND SOLICITED MONEY FROM PUBLIC FOR THE ISSUE OF SECURITIES DURING SUSPENSION PERIOD
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IMPOSED PENALTY RS.5,00,000
31-MAY-2024
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COMPANY HAS PAID RS.5,07,397.26 TOWARDS PENALTY WITH INTEREST VIDE ONLINE TRANSACTION REFERENCE NO.YUBI12382840890
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| 20 |
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POWER & INSTRUMENTATION (GUJARAT) LTD.
(PAN:AACCP4292Q)
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DID NOT LOCK ENTIRE PRE-PREFERENTIAL ALLOTMENT SHAREHOLDING OF TWO ALLOTTEES VIOLATING REGULATION 167(6) OF SEBI (ICDR) REGULATIONS, 2018
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IMPOSED PENALTY RS.1,00,000
07-MAR-2024
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| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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