| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
BOMBAY STOCK EXCHANGE LTD.
(PAN:AACCB6672L)
|
|
|
DID NOT SEND CORRECT INFORMATION TO SEBI IN RELATION TO SUBSCRIPTION FIGURE OF OFS OF NMDC LTD. VIOLATING CLAUSE 5(D) (II) AND (III) OF OPERATIONAL DIRECTIVES/INSTRUCTIONS/GUIDELINES ON OFS ISSUED VIDE SEBI CIRCULAR NO.CIR/MRD/DP/18/2012 DATED JULY 18, 2012
|
CENSURED TO BE CAREFUL AND CAUTIOUS IN DEALINGS IN SECURITIES MARKET AND COMPLY WITH ALL LEGAL REQUIREMENTS THAT GOVERN ITS FUNCTIONS AS STOCK EXCHANGE
DIRECTED TO ENGAGE ONE OR MORE INDEPENDENT CONSULTANTS TO REVIEW ENTIRE SEQUENCE OF EVENTS IN THE MATTER, PROCESS FOLLOWED, CHECKS IN PLACE AND SYSTEMS EMPLOYED WHILE ACCEPTING OFS BIDS BY BSE
DIRECTED TO REPORT TO ITS BOARD, UNDER INTIMATION TO SEBI WITHIN A PERIOD OF THREE (3) MONTHS AS TO HOW RECOMMENDATIONS OF CONSULTANTS HAVE BEEN IMPLEMENTED INCLUDING ACTION AS DIRECTED IN THE ORDER
11-SEP-2014
|
|
| 2 |
|
|
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
|
|
| 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 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
|
| 5 |
|
|
NATIONAL STOCK EXCHANGE OF INDIA LTD.,THE
(PAN:AAACN1797L)
|
|
|
DID NOT SEND HALT TRIGGER TO ITS MATCHING ENGINES AT THE INSTANCE OF BREACH OF 10% AND 15% CIRCUIT BREAKER LIMITS ON 05/10/2012 VIOLATING PROVISIONS OF SEBI CIRCULAR NO.SMDRPD/POLICY/CIR-37/2001 DATED 28/06/2001
DID NOT EFFECTIVELY ENSURE THAT ITS STOCK BROKERS HAVE NECESSARY RISK CONTROL SYSTEMS VIOLATING PROVISIONS OF SEBI CIRCULAR DATED 31/01/2000
DID NOT HAVE SYSTEM AT ITS END TO MANAGE RISK IN THE EVENT OF FAILURE OF STOCK BROKER’S RISK MANAGEMENT SYSTEM VIOLATING PROVISIONS OF SEBI CIRCULAR DATED 31/01/2000
|
CENSURED TO BE CAREFUL AND CAUTIOUS IN DEALINGS IN SECURITIES MARKET AND COMPLY WITH ALL LEGAL REQUIREMENTS THAT GOVERN ITS FUNCTIONS AS STOCK EXCHANGE
DIRECTED TO CARRY OUT COMPREHENSIVE REVIEW BY INDEPENDENT EXPERT (CONSULTANT) OF THE PROCESS FOLLOWED, CHECKS IN PLACE, SYSTEMS EMPLOYED BY NSE AND SUBMIT REPORT TO SEBI ALONG WITH ITS 'PLAN OF ACTION' WITHIN PERIOD OF THREE MONTHS
10-OCT-2014
|
|
| 6 |
|
|
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
|
| 7 |
|
|
PUNE STOCK EXCHANGE LTD.
|
|
|
DID NOT SUBMIT QUARTERLY REPORTS OF SHAREHOLDING AND UNDERTAKING CONFIRMING COMPLIANCE OF MIMPS REGULATIONS
DID NOT NOMINATE PUBLIC REPRESENTATIVE DIRECTORS AND NOMINEE DIRECTORS OF PARENT EXCHANGE ON GOVERNING BOARD OF SUBSIDIARY COMPANY
AUTHORISED ITS DIRECTORS TO ATTEND GOVERNING BOARD MEETINGS OF SUBSIDIARY COMPANY
COMPOSITION OF INVESTOR PROTECTION FUND (IPF) TRUST WAS NOT IN ACCORDANCE WITH SEBI CIRCULAR NO.MRD/DOP/SE/CIR-38/2004 DATED 28/10/2004
DID NOT ADHERE TO VARIOUS SEBI CIRCULARS
|
WARNED TO BE MORE CAUTIOUS AND PERCEPTIVE IN DISCHARGE OF ITS REGULATORY DUTIES
23-JUL-2013
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
