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SOURCE OF INFORMATION

SOURCE OF INFORMATION : SECURITIES AND EXCHANGE BOARD OF INDIA WEBSITE – PRESS RELEASES/ CHAIRMAN’S AND MEMBER’S ORDERS / AO ORDERS/ SAT ORDERS/ NEWSPAPER ADS
UPDATED TILL : 03-JUL-2025

NAMES IN BROWN COLOUR
Names of entities/persons in brown colour denote that the regulatory order is not against them but their names have been mentioned only for association purposes.

COMPANIES: DIRECTED TO ENSURE APPOINTMENT OF MR.ANIL THAPAR, MR.SANJEEV KRISHNA SHARMA AND MR.YOGENDRA KUMAR GUPTA AS INDEPENDENT DIRECTORS ON THE BOARD OF COMPANY PURSUANT TO EGM DATED 08/05/2021 NOT TO BE FURTHER ACTED UPON AND TO BE KEPT IN ABEYANCE

S.No. ENTITY PERSONS REGULATORY CHARGES REGULATORY ACTION(S) / DATE OF ORDER FURTHER DEVELOPMENTS
1
History of entity/person MAJESTIC AUTO LTD.

(PAN:AABCM2162M)  
  DID NOT COMPLY WITH ADVICE OF SEBI COMMUNICATED VIDE LETTER DATED 05/05/2021 WITH REGARD TO FOLLOWING DUE PROCESS FOR APPOINTMENT OF IDS BY PLACING PROPOSALS BEFORE NRC AND BOD FOR THEIR RECOMMENDATION AND OPINION RESPECTIVELY PRIOR TO PLACING SUCH PROPOSAL BEFORE SHAREHOLDERS FOR APPROVAL VIOLATING SEBI (LODR) REGULATIONS, 2015   DIRECTED TO ENSURE APPOINTMENT OF MR.ANIL THAPAR, MR.SANJEEV KRISHNA SHARMA AND MR.YOGENDRA KUMAR GUPTA AS INDEPENDENT DIRECTORS ON THE BOARD OF COMPANY PURSUANT TO EGM DATED 08/05/2021 NOT TO BE FURTHER ACTED UPON AND TO BE KEPT IN ABEYANCE

DIRECTED TO CONTINUE WITH COMPOSITION OF BOARD OF COMPANY AS IT WAS IN EXISTENCE PRIOR TO EGM DATED 08/05/2021

11-JUN-2021 		SEBI VIDE ITS ORDER DATED 15/07/2021 DISPOSED OFF THE PROCEEDINGS AND DIRECTIONS ISSUED VIDE INTERIM ORDER DATED 11/06/2021 WITH IMMEDIATE EFFECT  
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.

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