If you are an Existing User, please enter your Username & Password below

Forgot Password?

Are you a New User? Click here to enrol

close

Click here to visit old website
Co-Sponsors
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.

STOCK BROKERS: INDULGED IN SHORT SALES

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

(Member : NSE)  
Click here to view complete history of this specific entity/person DILIP M.BANG
Click here to view complete history of this specific entity/person KISHORE M.BANG
Click here to view complete history of this specific entity/person NIRMAL BANG
  		INDULGED IN LARGE TRADING TRANSACTIONS WITH A VIEW TO DEPRESS MARKET ARTIFICIALLY IN A CONCERTED MANNER

INDULGED IN SHORT SALES

INDULGED IN SYNCHRONIZED DEALS

TRADED IN PARTICULAR TIME SLOTS WHEN SHARE PRICES REGISTERED SUBSTANTIAL FALL

DEALT WITH UN-REGISTERED SUB-BROKERS

VIOLATED SEBI CODE OF CONDUCT   		CANCELLED REGISTRATION AS STOCK BROKER FROM 30-JUL-2002

30-JUL-2002 		SAT: OPERATION OF ORDER CANCELLING REGISTRATION GRANTED TO APPELLANTS STAYED FOR 10 WEEKS AND RESPONDENT WILL FILE REPLY WITHIN 3 WEEKS FROM ORDER DATE

SAT: PART OF ORDER I.E.CANCELLING CERTIFICATE OF REGISTRATION OF BANG SECURITIES PVT.LTD. SET ASIDE AND APPEAL DISPOSED OF  
2
History of entity/person BANG EQUITY BROKING PVT.LTD.

(Member : BSE)  
Click here to view complete history of this specific entity/person DILIP M.BANG
Click here to view complete history of this specific entity/person KISHORE M.BANG
Click here to view complete history of this specific entity/person NIRMAL BANG
  		INDULGED IN LARGE TRADING TRANSACTIONS WITH A VIEW TO DEPRESS MARKET ARTIFICIALLY IN A CONCERTED MANNER

INDULGED IN SHORT SALES

INDULGED IN SYNCHRONIZED DEALS

TRADED IN PARTICULAR TIME SLOTS WHEN SHARE PRICES REGISTERED SUBSTANTIAL FALL

DEALT WITH UN-REGISTERED SUB-BROKERS

VIOLATED SEBI CODE OF CONDUCT   		CANCELLED REGISTRATION AS STOCK BROKER FROM 30-JUL-2002

30-JUL-2002 		SAT: OPERATION OF ORDER CANCELLING REGISTRATION GRANTED TO APPELLANTS STAYED FOR 10 WEEKS AND RESPONDENT WILL FILE REPLY WITHIN 3 WEEKS FROM ORDER DATE

SAT: PART OF ORDER I.E.CANCELLING CERTIFICATE OF REGISTRATION OF BANG SECURITIES PVT.LTD. SET ASIDE AND APPEAL DISPOSED OF  
3
History of entity/person G.DAS CAPITAL MARKETS PVT.LTD.

(PAN:AAACG5715F)

(Along with : RAMESH BIYANI,M/S)  
Click here to view complete history of this specific entity/person RAMESH BIYANI
  		INDULGED IN SHORT SALES

INTRODUCED FAKE SHARES   		CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS

24-OCT-1997 		 
4
History of entity/person LIBRA MANAGEMENT SERVICES LTD.

(Member : NSE)  
  INDULGED IN SHORT SALES

INTRODUCED FAKE SHARES   		SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-OCT-1997 TO 29-OCT-1999

24-OCT-1997 		 
5
History of entity/person NIRMAL BANG SECURITIES PVT.LTD.

(PAN:AAACN7369L)

(Member : BSE)  
Click here to view complete history of this specific entity/person DILIP M.BANG
Click here to view complete history of this specific entity/person KISHORE M.BANG
Click here to view complete history of this specific entity/person NIRMAL BANG
  		INDULGED IN LARGE TRADING TRANSACTIONS WITH A VIEW TO DEPRESS MARKET ARTIFICIALLY IN A CONCERTED MANNER

INDULGED IN SHORT SALES

INDULGED IN SYNCHRONIZED DEALS

TRADED IN PARTICULAR TIME SLOTS WHEN SHARE PRICES REGISTERED SUBSTANTIAL FALL

DEALT WITH UN-REGISTERED SUB-BROKERS

VIOLATED SEBI CODE OF CONDUCT   		CANCELLED REGISTRATION AS STOCK BROKER FROM 30-JUL-2002

30-JUL-2002 		SAT: OPERATION OF ORDER CANCELLING REGISTRATION GRANTED TO APPELLANTS STAYED FOR 10 WEEKS AND RESPONDENT WILL FILE REPLY WITHIN 3 WEEKS FROM ORDER DATE

SAT: PART OF ORDER I.E.CANCELLING CERTIFICATE OF REGISTRATION OF BANG SECURITIES PVT.LTD. SET ASIDE AND APPEAL DISPOSED OF  
6
History of entity/person RAMESH BIYANI,M/S

(Member : BSE)

(Along with : G.DAS CAPITAL MARKETS PVT.LTD.)  
Click here to view complete history of this specific entity/person RAMESH BIYANI
  		INDULGED IN SHORT SALES

INTRODUCED FAKE SHARES   		CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS

24-OCT-1997 		 
7
History of entity/person VIPUL SECURITIES LTD.

(Member : NSE)  
  INDULGED IN SHORT SALES

INTRODUCED FAKE SHARES   		SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-OCT-1997 TO 29-OCT-1999

24-OCT-1997 		 
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.

This website is not comprehensive and is being updated on a regular basis. Users are requested to carefully look at the formats and the information about the coverage period that appears on search results pages.

DISCLAIMER BY NSE

NSE is the co-sponsor of this website and supportive of the initiative taken for protection of interest of investors by Praxis Consulting & Information Services Pvt.Ltd. (PRAXIS), the creator of this website. However, NSE bear no responsibility for the views/information that is available on this website and as responsibility of the contents of this website solely rests with PRAXIS. NSE shall not be responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to or reliance on any information available on this website. Investors/visitors of this website are also advised to read through the other general disclaimer(s) and terms and conditions available on this website before using the website.

Site designed and maintained by watchoutinvestors.com
© PRIME DATABASE GROUP 2004-2025
No part of this site may be reproduced without the explicit permission of the owners.

top