| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
MUKESH MANVEER SINGH
(PAN:AMHPM1429Q)
|
|
|
|
DEBOCK INDUSTRIES LTD.
PAN:AACCD9561G
|
|
CONVERTED WARRANTS/ALLOTTED EQUITY SHARES (BOTH TRANCHES) WITHOUT ACTUALLY RECEIVING CONVERSION MONEY
MISSTATED FINANCIAL STATEMENTS FOR THE RELEVANT PERIOD
PREFERENTIAL ISSUE WAS DONE IN FRAUDULENT MANNER AND ALLOTTED SHARES TO ENTITIES WITHOUT RECEIVING ANY CONSIDERATION
MADE FICTITIOUS ISSUE OF WARRANTS AND SUBSEQUENT CONVERSION TO EQUITY SHARES TO FACILITATE COMPANY’S MIGRATION TO MAIN BOARD
DID NOT PROVIDE DETAILS OF UTILISATION OF FUNDS FROM RIGHTS ISSUE AND DID NOT DISCLOSE THE SAME IN FINANCIAL STATEMENTS
SUBMITTED FORGED BANK STATEMENTS TO SHOW RECEIPT OF FUNDS AS APPLICATION MONEY AND UTILIZATION OF ISSUE PROCEEDS IN PREFERENTIAL ISSUE
ISSUED BONUS SHARES FROM RESERVES GENERATED OUT OF INFLATED AND PROFIT GENERATED OUT OF FICTITIOUS SALES AND PURCHASES
GAVE LOAN OF RS.49.05 CRORE TO RELATED PARTY WHICH WAS PARTLY DIVERTED TO PROMOTER/CONNECTED ENTITIES AND NATURO INDIABULLS LTD.
|
DIRECTED TO BRING BACK COMPLETE RIGHTS ISSUE FUNDS OTHER THAN THE AMOUNT DIRECTED TO BE IMPOUNDED BY MS.PRIYANKA SHARMA
RESTRAINED FROM HOLDING ANY POSITION OF DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY OTHER THAN DEBOCK INDUSTRIES LTD., OR ANY INTERMEDIARY REGISTERED WITH SEBI
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 23-AUG-2024 UNTIL FURTHER ORDERS
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 23-AUG-2024 UNTIL FURTHER ORDERS
DIRECTED TO IMPOUND UNLAWFUL GAIN RS.37,57,83,920
DIRECTED TO CREDIT/DEPOSIT AMOUNT OF UNLAWFUL GAINS IN INTEREST BEARING ESCROW ACCOUNT WITH NATIONALIZED BANK WITHIN FIFTEEN DAYS FROM DATE OF ORDER AND THE AMOUNT KEPT THEREIN NOT TO BE RELEASED WITHOUT PERMISSION FROM SEBI
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI EXCEPT FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT
DIRECTED DEPOSITORIES THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND DEPOSITORIES TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY OF THEIR ASSETS / PROPERTIES / SECURITIES, TILL SUCH TIME UNLAWFUL GAINS ARE CREDITED TO ESCROW ACCOUNT
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
DIRECTED NSE TO NOT TO GRANT APPROVAL FOR SCHEME TO AMALGAMATION BETWEEN DEBOCK VENTURES LTD. WITH DEBOCK INDUSTRIES LTD.
DIRECTED SEBI TO INITIATE PROSECUTION PROCEEDINGS AGAINST DEBOCK INDUSTRIES LTD., MR.MUKESH MANVEER SINGH AND MR.SUNIL KALOT AS PER LAW
DIRECTED DEPOSITORIES TO ENSURE THAT NO DEBITS AND/OR CREDITS MADE IN DEMAT ACCOUNTS, HELD JOINTLY OR SEVERALLY, OF ENTITIES AND PERSONS
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
23-AUG-2024
|
SEBI VIDE ITS ORDER DATED 11/12/2024 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 23/08/2024 WITHOUT ANY MODIFICATIONS
|
| 2 |
|
|
PRIYANKA SHARMA
(PAN:AZQPS4804F)
|
|
|
|
DEBOCK INDUSTRIES LTD.
PAN:AACCD9561G
|
|
CONVERTED WARRANTS/ALLOTTED EQUITY SHARES (BOTH TRANCHES) WITHOUT ACTUALLY RECEIVING CONVERSION MONEY
MISSTATED FINANCIAL STATEMENTS FOR THE RELEVANT PERIOD
PREFERENTIAL ISSUE WAS DONE IN FRAUDULENT MANNER AND ALLOTTED SHARES TO ENTITIES WITHOUT RECEIVING ANY CONSIDERATION
MADE FICTITIOUS ISSUE OF WARRANTS AND SUBSEQUENT CONVERSION TO EQUITY SHARES TO FACILITATE COMPANY’S MIGRATION TO MAIN BOARD
DID NOT PROVIDE DETAILS OF UTILISATION OF FUNDS FROM RIGHTS ISSUE AND DID NOT DISCLOSE THE SAME IN FINANCIAL STATEMENTS
SUBMITTED FORGED BANK STATEMENTS TO SHOW RECEIPT OF FUNDS AS APPLICATION MONEY AND UTILIZATION OF ISSUE PROCEEDS IN PREFERENTIAL ISSUE
ISSUED BONUS SHARES FROM RESERVES GENERATED OUT OF INFLATED AND PROFIT GENERATED OUT OF FICTITIOUS SALES AND PURCHASES
GAVE LOAN OF RS.49.05 CRORE TO RELATED PARTY WHICH WAS PARTLY DIVERTED TO PROMOTER/CONNECTED ENTITIES AND NATURO INDIABULLS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 23-AUG-2024 UNTIL FURTHER ORDERS
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 23-AUG-2024 UNTIL FURTHER ORDERS
DIRECTED TO IMPOUND UNLAWFUL GAIN RS.14,00,00,000
DIRECTED TO CREDIT/DEPOSIT AMOUNT OF UNLAWFUL GAINS IN INTEREST BEARING ESCROW ACCOUNT WITH NATIONALIZED BANK WITHIN FIFTEEN DAYS FROM DATE OF ORDER AND THE AMOUNT KEPT THEREIN NOT TO BE RELEASED WITHOUT PERMISSION FROM SEBI
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI EXCEPT FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT
DIRECTED DEPOSITORIES THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND DEPOSITORIES TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY OF THEIR ASSETS / PROPERTIES / SECURITIES, TILL SUCH TIME UNLAWFUL GAINS ARE CREDITED TO ESCROW ACCOUNT
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
DIRECTED NSE TO NOT TO GRANT APPROVAL FOR SCHEME TO AMALGAMATION BETWEEN DEBOCK VENTURES LTD. WITH DEBOCK INDUSTRIES LTD.
DIRECTED SEBI TO INITIATE PROSECUTION PROCEEDINGS AGAINST DEBOCK INDUSTRIES LTD., MR.MUKESH MANVEER SINGH AND MR.SUNIL KALOT AS PER LAW
DIRECTED DEPOSITORIES TO ENSURE THAT NO DEBITS AND/OR CREDITS MADE IN DEMAT ACCOUNTS, HELD JOINTLY OR SEVERALLY, OF ENTITIES AND PERSONS
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
23-AUG-2024
|
SEBI VIDE ITS ORDER DATED 11/12/2024 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 23/08/2024 WITHOUT ANY MODIFICATIONS
|
| 3 |
|
|
SUNIL KALOT
(PAN:BLHPK0027J)
|
|
|
|
DEBOCK INDUSTRIES LTD.
PAN:AACCD9561G
|
|
CONVERTED WARRANTS/ALLOTTED EQUITY SHARES (BOTH TRANCHES) WITHOUT ACTUALLY RECEIVING CONVERSION MONEY
MISSTATED FINANCIAL STATEMENTS FOR THE RELEVANT PERIOD
PREFERENTIAL ISSUE WAS DONE IN FRAUDULENT MANNER AND ALLOTTED SHARES TO ENTITIES WITHOUT RECEIVING ANY CONSIDERATION
MADE FICTITIOUS ISSUE OF WARRANTS AND SUBSEQUENT CONVERSION TO EQUITY SHARES TO FACILITATE COMPANY’S MIGRATION TO MAIN BOARD
DID NOT PROVIDE DETAILS OF UTILISATION OF FUNDS FROM RIGHTS ISSUE AND DID NOT DISCLOSE THE SAME IN FINANCIAL STATEMENTS
SUBMITTED FORGED BANK STATEMENTS TO SHOW RECEIPT OF FUNDS AS APPLICATION MONEY AND UTILIZATION OF ISSUE PROCEEDS IN PREFERENTIAL ISSUE
ISSUED BONUS SHARES FROM RESERVES GENERATED OUT OF INFLATED AND PROFIT GENERATED OUT OF FICTITIOUS SALES AND PURCHASES
GAVE LOAN OF RS.49.05 CRORE TO RELATED PARTY WHICH WAS PARTLY DIVERTED TO PROMOTER/CONNECTED ENTITIES AND NATURO INDIABULLS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 23-AUG-2024 UNTIL FURTHER ORDERS
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 23-AUG-2024 UNTIL FURTHER ORDERS
DIRECTED TO IMPOUND UNLAWFUL GAIN RS.37,66,55,212
DIRECTED TO CREDIT/DEPOSIT AMOUNT OF UNLAWFUL GAINS IN INTEREST BEARING ESCROW ACCOUNT WITH NATIONALIZED BANK WITHIN FIFTEEN DAYS FROM DATE OF ORDER AND THE AMOUNT KEPT THEREIN NOT TO BE RELEASED WITHOUT PERMISSION FROM SEBI
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI EXCEPT FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT
DIRECTED DEPOSITORIES THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND DEPOSITORIES TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY OF THEIR ASSETS / PROPERTIES / SECURITIES, TILL SUCH TIME UNLAWFUL GAINS ARE CREDITED TO ESCROW ACCOUNT
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
DIRECTED NSE TO NOT TO GRANT APPROVAL FOR SCHEME TO AMALGAMATION BETWEEN DEBOCK VENTURES LTD. WITH DEBOCK INDUSTRIES LTD.
DIRECTED SEBI TO INITIATE PROSECUTION PROCEEDINGS AGAINST DEBOCK INDUSTRIES LTD., MR.MUKESH MANVEER SINGH AND MR.SUNIL KALOT AS PER LAW
DIRECTED DEPOSITORIES TO ENSURE THAT NO DEBITS AND/OR CREDITS MADE IN DEMAT ACCOUNTS, HELD JOINTLY OR SEVERALLY, OF ENTITIES AND PERSONS
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
23-AUG-2024
|
SEBI VIDE ITS ORDER DATED 11/12/2024 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 23/08/2024 WITHOUT ANY MODIFICATIONS
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
