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 DEPOSIT PROCEEDS OF TRANSACTION IN AN ESCROW ACCOUNT

S.No.

ENTITY

PERSONS

REGULATORY CHARGES

REGULATORY ACTION(S) / DATE OF ORDER

FURTHER DEVELOPMENTS

BHORUKA ENGINEERING INDUSTRIES LTD.

(Along with : BHORUKA FINANCIAL SERVICES LTD.)

TRANSACTED AT A RATE HIGHER THAN BOOK VALUE

DIRECTED TO DEPOSIT PROCEEDS OF TRANSACTION IN AN ESCROW ACCOUNT

DIRECTED TO TAKE PRIOR APPROVAL OF SEBI FOR DEALING WITH ESCROW ACCOUNT

19-AUG-2005

SAT: DIRECTED TO DEPOSIT AMOUNT LEFT WITH SELLERS IN ESCROW ACCOUNT TILL SEBI PASSES FINAL ORDER AND DIRECTED SEBI NOT TO COMMENCE ANY ADJUDICATION PROCEEDINGS

INITIATED ADJUDICATION PROCEEDINGS FOR NON COMPLIANCE OF INTERIM ORDER DATED 19/08/2005

BHORUKA FINANCIAL SERVICES LTD.

(Along with : PRABHU SECURITIES LTD.)

Click here to view complete history of this specific entity/person

SATYANARAYAN AGARWAL

SIDDHARTHA AGARWAL

UMAH AGARWAL

VIVEEK AGARWAL

TRANSACTED AT A RATE HIGHER THAN BOOK VALUE

DIRECTED TO DEPOSIT PROCEEDS OF TRANSACTION IN AN ESCROW ACCOUNT

DIRECTED TO TAKE PRIOR APPROVAL OF SEBI FOR DEALING WITH ESCROW ACCOUNT

19-AUG-2005

SAT: DIRECTED TO DEPOSIT AMOUNT LEFT WITH SELLERS IN ESCROW ACCOUNT TILL SEBI PASSES FINAL ORDER AND DIRECTED SEBI NOT TO COMMENCE ANY ADJUDICATION PROCEEDINGS

BHORUKA FINANCIAL SERVICES LTD.

(Along with : PRABHU SECURITIES LTD.)

SATYANARAYAN AGARWAL

SIDDHARTHA AGARWAL

UMAH AGARWAL

VIVEEK AGARWAL

TRANSACTED AT A RATE HIGHER THAN BOOK VALUE

DIRECTED TO DEPOSIT PROCEEDS OF TRANSACTION IN AN ESCROW ACCOUNT

DIRECTED TO TAKE PRIOR APPROVAL OF SEBI FOR DEALING WITH ESCROW ACCOUNT

19-AUG-2005

SAT: DIRECTED TO DEPOSIT AMOUNT LEFT WITH SELLERS IN ESCROW ACCOUNT TILL SEBI PASSES FINAL ORDER AND DIRECTED SEBI NOT TO COMMENCE ANY ADJUDICATION PROCEEDINGS

BHORUKA FINANCIAL SERVICES LTD.

(Along with : PRABHU SECURITIES LTD.)

SATYANARAYAN AGARWAL

SIDDHARTHA AGARWAL

UMAH AGARWAL

VIVEEK AGARWAL

TRANSACTED AT A RATE HIGHER THAN BOOK VALUE

DIRECTED TO DEPOSIT PROCEEDS OF TRANSACTION IN AN ESCROW ACCOUNT

DIRECTED TO TAKE PRIOR APPROVAL OF SEBI FOR DEALING WITH ESCROW ACCOUNT

19-AUG-2005

SAT: DIRECTED TO DEPOSIT AMOUNT LEFT WITH SELLERS IN ESCROW ACCOUNT TILL SEBI PASSES FINAL ORDER AND DIRECTED SEBI NOT TO COMMENCE ANY ADJUDICATION PROCEEDINGS

FIIDEX INDUSTRIES LTD.

(CIN:U45400WB2011PLC160414
PAN:AABCF7024P)

ANISH AHMAD

PAN:AEEPA3369Q
DIN:03405663

BINIMOY BISWAS

DIN:03127960
PAN:AHZPB2842H

DIBYENDU ROY

PAN:ANEPR4085P
DIN:03534449

GOLAM MUSTAFA SYED

PAN:BCCPS2989F
DIN:03405714

HASIBUL ISLAM

PAN:AAMPI0966M
DIN:03405732

SAMIM REZA

DIN:06615175

SEKH ARFAT ALI

DIN:06611933

MOBILIZED RS.1.02 CRORE FROM PUBLIC THROUGH ISSUANCE OF SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES (NCDS) BY WAY OF PRIVATE PLACEMENT TO 102 INVESTORS VIOLATING SECTIONS 56, 60 READ WITH 2(36), 67(3) READ WITH 465 OF COMPANIES ACT, 2013

DID NOT MAKE APPLICATION TO STOCK EXCHANGES TO GET SECURITIES LISTED WITH STOCK EXCHANGES, DID NOT FILE PROSPECTUS IN CONNECTION WITH ISSUANCE OF SECURITIES, DID NOT KEEP AMOUNTS COLLECTED IN A SEPARATE DESIGNATED BANK ACCOUNT, APPOINTED UNREGISTERED DEBENTURE TRUSTEE AND DID NOT CREATE DEBENTURE REDEMPTION RESERVE VIOLATING 73(1) AND 73(3) OF THE COMPANIES ACT, 1956, REGULATIONS 4(4) AND 16(1) OF SEBI (ILDS) REGULATIONS, 2008 READ WITH SECTIONS 117B AND 117C OF THE COMPANIES ACT, 1956 READ WITH SECTION 465 OF THE COMPANIES ACT, 2013, REGULATIONS 4(2)(A) TO 4(2)(D), 4(4), 5(2)(B), 6 TO 9, 12, 14, 15, 16(1), 17, 19, 26 OF SEBI (ISSUE AND LISTING OF DEBT SECURITIES) REGULATIONS, 2008 READ WITH REGULATION 59 OF SEBI (ISSUE AND LISTING OF NON-CONVERTIBLE SECURITIES) REGULATIONS, 2021

DIRECTED TO REFUND MONEY COLLECTED THROUGH ISSUANCE OF NCDS INCLUDING APPLICATION MONEY ALONGWITH INTEREST @15% PER ANNUM

DIRECTED TO MAKE REFUND THROUGH BANKING CHANNELS SUCH AS DEMAND DRAFT AND/OR PAY ORDER AND/OR ELECTRONIC MODE OF TRANSFER

DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI

RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM

DIRECTED TO DEPOSIT PROCEEDS OF TRANSACTION IN AN ESCROW ACCOUNT

DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY

DIRECTED TO SUBMIT REPAYMENT REPORT TO SEBI CERTIFIED BY TWO INDEPENDENT CHARTERED ACCOUNTANTS WHO ARE IN PANEL OF ANY PUBLIC AUTHORITY OR PUBLIC INSTITUTION

PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 22-JAN-2025 TO 21-JAN-2028

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-JAN-2025 TO 21-JAN-2028

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 22-JAN-2025 TO 21-JAN-2028

22-JAN-2025

PRABHU SECURITIES LTD.

(Along with : BHORUKA FINANCIAL SERVICES LTD.)

TRANSACTED AT A RATE HIGHER THAN BOOK VALUE

DIRECTED TO DEPOSIT PROCEEDS OF TRANSACTION IN AN ESCROW ACCOUNT

DIRECTED TO TAKE PRIOR APPROVAL OF SEBI FOR DEALING WITH ESCROW ACCOUNT

19-AUG-2005