| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
BOMBAY STOCK EXCHANGE LTD.
(PAN:AACCB6672L)
|
|
|
DID NOT ENSURE EQUAL, UNRESTRICTED, TRANSPARENT AND FAIR ACCESS TO INFORMATION/DATA WITH REGARD TO CORPORATE ANNOUNCEMENTS OF LISTED COMPANIES TO ALL PERSONS AS REQUIRED UNDER REGULATION 39(3) OF SEBI (SECC) REGULATIONS, 2018
LAPSES IN PROCESS AND MONITORING MECHANISM REGARDING CLIENT CODE MODIFICATION VIOLATING SEBI CIRCULAR DATED 05/07/2011, MASTER CIRCULAR DATED 05/07/2021 AND CIRCULAR DATED 26/10/2004
|
IMPOSED PENALTY RS.25,00,000
25-JUN-2025
|
|
| 2 |
|
|
BSE LTD.
(PAN:AACCB6672L)
|
|
|
ENGAGED IN UNRELATED/NON-INCIDENTAL ACTIVITIES WITHOUT OBTAINING APPROVAL FROM SEBI VIOLATING REGULATIONS 38(2) OF SEBI (SECC) REGULATIONS 2018 READ WITH 41(3) OF SEBI (SECC) REGULATIONS, 2012
|
IMPOSED PENALTY RS.3,00,000
29-JUL-2022
|
SAT: SAT VIDE ITS ORDER DATED 16/09/2022 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER. EFFECT AND OPERATION OF IMPUGNED ORDER TO REMAIN STAYED
SAT: SAT VIDE ITS ORDER DATED 21/11/2022 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
|
| 3 |
|
|
BSE LTD.
(PAN:AACCB6672L)
|
|
|
DID NOT VERIFY CLIENT SECURITIES (INCLUDING PLEDGED SECURITIES) WITH DP ACCOUNT DETAILS AVAILABLE WITH DEPOSITORIES VIOLATING PARA 4(A) OF SEBI MASTER CIRCULAR SEBI/MIRSD/MASTER CIR-04/2010 DATED 17/03/2010 READ WITH PARA 2 OF CIRCULAR SMD/SED/CIR/93/23321 DATED 18/11/1993
DID NOT MONITOR TIMELY REPORTING OF IMPUGNED DEMAT ACCOUNT BY MEMBER WITH APPROPRIATE NOMENCLATURE BASED TAGGING AND VERIFY SAME FROM DP ACCOUNT DETAILS AVAILABLE WITH DEPOSITORIES VIOLATING PARA 2.3 TO ANNEXURE OF SEBI CIRCULAR SEBI/HO/MIRSD/ MIRSD2/CIR/P/2016/95 DATED 26/09/2016 READ WITH PARA 1.1 AND 1.2 OF ANNEXURE TO SEBI CIRCULAR SEBI/HO/MIRSD/MIRSD2/ CIR/P/2016/95 DATED 26/09/2016
DID NOT TAKE ANY ACTION AGAINST KARVY STOCK BROKING LTD. DESPITE VARIOUS ALERTS PERTAINING TO OFF-MARKET TRANSFERS, MULTIPLE PROPRIETARY DEMAT ACCOUNTS, SUDDEN ACTIVATION OF DEMAT ACCOUNTS ETC. PROVIDED BY NSDL VIOLATING PARA 5 READ WITH PARAS 8.1 AND 2 OF EARLY WARNING MECHANISM CIRCULAR DATED 17/12/2018
|
IMPOSED PENALTY RS.3,00,00,000
12-APR-2022
|
SEBI VIDE ITS NOTICE DATED 15/06/2022 DIRECTED TO PAY RS.3,09,01,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 16/06/2022 DIRECTED THAT NO RECOVERY TO BE MADE FROM THE APPELLANTS TILL THE DATE OF LISTING AND STAYED THE DEMAND NOTICE DATED 15/06/2022
|
| 4 |
|
|
MULTI COMMODITY EXCHANGE OF INDIA LTD.
(CIN:L51909MH2002PLC135594
PAN:AADCM8239K)
|
|
|
DID NOT MAKE DISCLOSURES WITH REGARD TO PAYMENTS MADE TO 63 MOONS TECHNOLOGIES LTD. (FORMERLY KNOWN AS FINANCIAL TECHNOLOGIES INDIA LTD.) FOR SOFTWARE SERVICES FOR ITS TRADING & CLEARING PLATFORM VIOLATING REGULATIONS 30(12) READ WITH 4(1)(D), 4(1)(E) AND 4(1)(I) OF SEBI (LODR) REGULATIONS, 2015 READ WITH REGULATION 33(1) OF SEBI (SECC) REGULATIONS, 2018
|
IMPOSED PENALTY RS.25,00,000
26-MAY-2025
|
|
| 5 |
|
|
MULTI COMMODITY EXCHANGE OF INDIA LTD.
(CIN:L51909MH2002PLC135594
PAN:AADCM8239K)
|
|
|
DID NOT TAKE PRIOR APPROVAL FOR PAYMENTS MADE TO PSEB FOR DEVELOPMENT OF SOFTWARE FOR SPOT TRADING VIOLATING REGULATION 38(2) OF SEBI (SECC) REGULATIONS, 2018 READ WITH REGULATION 41(3) OF SEBI (SECC) REGULATIONS, 2012
|
IMPOSED PENALTY RS.2,00,000
04-JAN-2023
|
SAT: SAT VIDE ITS ORDER DATED 05/12/2024 DISMISSED THE APPEAL. NO COSTS
|
| 6 |
|
|
MULTI COMMODITY EXCHANGE OF INDIA LTD.
(CIN:L51909MH2002PLC135594
PAN:AADCM8239K)
|
|
|
DID NOT DETECT IRREGULARITIES DURING ON-SITE/OFF-SITE SUPERVISION OF TRADING MEMBERS
DID NOT HAVE NECESSARY SYSTEM BASED VALIDATIONS/ALERTS WHILE UPLOADING CLIENT INFORMATION IN UCC DATABASE
|
IMPOSED PENALTY RS.6,00,000
28-FEB-2023
|
SAT: SAT VIDE ITS ORDER DATED 06/12/2023 CONDONED THE DELAY IN FILING OF REPLY AND REPLY TAKEN ON RECORD
|
| 7 |
|
|
NATIONAL STOCK EXCHANGE OF INDIA LTD.,THE
(PAN:AAACN1797L)
|
|
|
DID NOT APPROACH SEBI IMMEDIATELY WHEN DEPOSITORIES WERE RELUCTANT TO PROVIDE INFORMATION WITH RESPECT TO PLEDGE DETAILS OF DEMAT ACCOUNTS OF KSBL VIOLATING PARA 4(A) OF SEBI MASTER CIRCULAR SEBI/MIRSD/MASTER CIR-04/2010 DATED 17/03/2010 READ WITH PARA 2.5 OF CIRCULAR SEBI/HO/MIRSD/MIRSD2/CIR/P/2016/95 DATED 26/09/2016 AND PARA 2 OF CIRCULAR SMD/SED/CIR/93/23321 DATED 18/11/1993
FOLLOWED CASUAL APPROACH TOWARDS VERIFICATION OF CLIENT SECURITIES IN CASE OF KARVY STOCK BROKING LTD. VIOLATING PARA 4(A) OF SEBI MASTER CIRCULAR SEBI/MIRSD/MASTER CIR-04/2010 DATED 17/03/2010 READ WITH PARA 2.5 OF CIRCULAR SEBI/HO/MIRSD/MIRSD2/ CIR/P/2016/95 DATED 26/09/2016 AND PARA 2 OF CIRCULAR SMD/SED/CIR/93/23321 DATED 18/11/1993
DID NOT NOTICE THAT ALL SUCH DEMAT ACCOUNTS WERE NOT TAGGED AS PER PRESCRIBED NOMENCLATURE VIOLATING PARA 2.3 READ WITH 1.1 AND 1.2 OF ANNEXURE TO CIRCULAR SEBI/HO/MIRSD/MIRSD2/CIR/P/2016/95 DATED 26/09/2016
DID NOT TAKE ANY ACTION AGAINST KARVY STOCK BROKING LTD. DESPITE VARIOUS ALERTS PERTAINING TO OFF-MARKET TRANSFERS, MULTIPLE PROPRIETARY DEMAT ACCOUNTS, SUDDEN ACTIVATION OF DEMAT ACCOUNTS ETC. PROVIDED BY NSDL VIOLATING PARA 5 READ WITH PARAS 8.1 AND 2 OF EARLY WARNING MECHANISM CIRCULAR DATED 17/12/2018
|
IMPOSED PENALTY RS.2,00,00,000
12-APR-2022
|
SEBI VIDE ITS NOTICE DATED 15/06/2022 DIRECTED TO PAY RS.2,06,01,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 16/06/2022 DIRECTED THAT NO RECOVERY TO BE MADE FROM THE APPELLANTS TILL THE DATE OF LISTING AND STAYED THE DEMAND NOTICE DATED 15/06/2022
|
| 8 |
|
|
NATIONAL STOCK EXCHANGE OF INDIA LTD.,THE
(PAN:AAACN1797L)
|
|
|
|
CHITRA RAMKRISHNA
PAN:ABVPR7353M
|
|
|
RAVI NARAIN
PAN:AAYPN8382Q
|
|
FAILED TO ENSURE FAIR, TRANSPARENT AND EQUITABLE ACCESS TO ALL TRADING MEMBERS IN RESPECT OF THE CO-LOCATION FACILITY, VIOLATING REGULATION 41(2) OF SEBI (STOCK EXCHANGES & CLEARING CORPORATIONS) REGULATIONS, 2012
VIOLATED CLAUSE 4(I) OF SEBI CIRCULAR DATED 30/03/2012
|
IMPOSED PENALTY RS.1,00,00,000
10-FEB-2021
|
SAT: SAT VIDE ITS ORDER DATED 12/07/2023 ALLOWED THE APPEAL AND SET ASIDE IMPUGNED ORDER DATED 10/02/2021
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
