| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
AFCO CAPITAL INDIA PVT.LTD.
(PAN:AACCF0194M)
|
|
|
DID NOT OBTAIN SOFTWARE TO MAINTAIN STRUCTURED DIGITAL DATABASE VIOLATING REGULATIONS 9A(1)(E) AND 13 READ WITH CLAUSE 21 OF SCHEDULE III OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
DID NOT MAINTAIN ARMS–LENGTH DISTANCE BETWEEN OTHER GROUP COMPANIES VIOLATING REGULATIONS 9A(1)(E) AND 13 READ WITH CLAUSE 18 OF SCHEDULE III OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
COMPLIANCE OFFICER DID NOT HOLD NISM SERIES IIIA CERTIFICATE
DID NOT DISPLAY INFORMATION WITH RESPECT TO GRIEVANCE REDRESSAL MECHANISM AT OFFICE PREMISES
DELAY IN INTIMATING SEBI REGARDING CHANGE IN COMPLIANCE OFFICER
NOT A FIT & PROPER PERSON TO GRANT REGISTRATION AS MERCHANT BANKER
DID NOT FORMULATE AND ADOPT CODE OF CONDUCT FOR INTERMEDIARIES AS AND DID NOT DESIGNATE A COMPLIANCE OFFICER TO MONITOR COMPLIANCE VIOLATING REGULATIONS 3(5), 9(1) AND 9(3) READ WITH SCHEDULE C OF SEBI (PIT) REGULATIONS, 2015
|
PROHIBITED FROM TAKING ANY NEW ASSIGNMENT I.E.NEW CLIENTS AS A MERCHANT BANKER FROM 30-MAR-2026 TO 29-APR-2026
30-MAR-2026
|
|
| 2 |
|
|
APOORVA EXTRUSION PVT.LTD.
|
|
|
ACQUIRED 80,00,000 EQUITY SHARES REPRESENTING 16.30% OF ENHANCED VOTING CAPITAL PURSUANT TO CONVERSION OF WARRANTS ALLOTTED ON NOVEMBER 29, 2001 ON PREFERENTIAL BASIS. APOORVA EXTRUSION PVT. LTD. (ALSO BELONGING TO PROMOTER GROUP) HAD ALSO SIMILARLY ACQUIRED 20,00,000 EQUITY SHARES REPRESENTING 4.07% OF ENHANCED VOTING CAPITAL ON JUNE 2, 2003. AS A RESULT OF THE SAID ACQUISITION THE COLLECTIVE SHAREHOLDING OF FLEX INTERNATIONAL PVT. LTD. AND APOORVA EXTRUSION PVT.LTD. INCREASED BY 20.37% (FROM 0.03% TO 20.40%) OF THE VOTING SHARE CAPITAL
DID NOT MAKE PUBLIC ANNOUNCEMENT TO ACQUIRE 20% OF THE VOTING CAPITAL
|
LAUNCHED ADJUDICATION PROCEEDINGS
IMPOSED LOCK-IN ON SHARES ALLOTTED THROUGH CONVERSION OF WARRANTS
25-AUG-2004
|
|
| 3 |
|
|
FLEX INTERNATIONAL PVT.LTD.
|
|
|
|
SUBHASH KHATUA
|
|
ACQUIRED 80,00,000 EQUITY SHARES REPRESENTING 16.30% OF ENHANCED VOTING CAPITAL PURSUANT TO CONVERSION OF WARRANTS ALLOTTED ON NOVEMBER 29, 2001 ON PREFERENTIAL BASIS. APOORVA EXTRUSION PVT. LTD. (ALSO BELONGING TO PROMOTER GROUP) HAD ALSO SIMILARLY ACQUIRED 20,00,000 EQUITY SHARES REPRESENTING 4.07% OF ENHANCED VOTING CAPITAL ON JUNE 2, 2003. AS A RESULT OF THE SAID ACQUISITION THE COLLECTIVE SHAREHOLDING OF FLEX INTERNATIONAL PVT. LTD. AND APOORVA EXTRUSION PVT.LTD. INCREASED BY 20.37% (FROM 0.03% TO 20.40%) OF THE VOTING SHARE CAPITAL
DID NOT MAKE PUBLIC ANNOUNCEMENT TO ACQUIRE 20% OF THE VOTING CAPITAL
|
LAUNCHED ADJUDICATION PROCEEDINGS
IMPOSED LOCK-IN ON SHARES ALLOTTED THROUGH CONVERSION OF WARRANTS
25-AUG-2004
|
|
| 4 |
|
|
ICICI PRUDENTIAL TRUST LTD.
|
|
|
DID NOT MAKE DISCLOSURE OF INVESTMENT OBJECTIVE IN SCHEME INFORMATION DOCUMENT OF SCHEME VIOLATING REGULATIONS 18(7), 18(9), 18(22) READ WITH CLAUSE 9 OF CODE OF CONDUCT SPECIFIED IN SCHEDULE FIFTH OF SEBI (MUTUAL FUNDS) REGULATIONS, 1996 IN MATTER OF ICICI PRUDENTIAL MUTUAL FUND
DELEGATED FIDUCIARY OBLIGATIONS WITH REGARD TO DIVIDEND DECLARATION AND FIXING RECORD DATE TO AMC VIOLATING REGULATIONS 52A, 10(A),18(9),18(22) OF MUTUAL FUND REGULATIONS READ WITH SEBI CIRCULAR NO.SEBI/IMD/CIR NO.1/64057/06 DATED 04/04/2006 IN MATTER OF ICICI PRUDENTIAL MUTUAL FUND
|
IMPOSED LOCK-IN ON SHARES ALLOTTED THROUGH CONVERSION OF WARRANTS
23-DEC-2019
|
|
| 5 |
|
|
RAMCO INDUSTRIES LTD.
|
|
|
|
P.R.RAMASUBRAHMANEYA
|
|
|
P.R.VENKETRAMA RAJA
|
|
ACQUIRED 4,00,000 EQUITY SHARES REPRESENTING 11.39% OF ENHANCED VOTING CAPITAL PURSUANT TO CONVERSION OF WARRANTS ALLOTTED ON PREFERENTIAL BASIS. P.R.RAMASUBRAHMANEYA RAJHA AND P.R.VENKETRAMA RAJA (ALSO BELONGING TO PROMOTER GROUP) HAD ALSO SIMILARLY ACQUIRED 50,000 EQUITY SHARES EACH REPRESENTING 1.42% OF ENHANCED VOTING CAPITAL ON AUGUST 21, 2003. AS A RESULT OF THE SAID ACQUISITION THE COLLECTIVE SHAREHOLDING OF RAMCO INDUSTRIES LTD. AND P.R.RAMASUBRAHMANEYA RAJHA, CHAIRMAN OF RAMCO INDUSTRIES LTD. AND P.R.VENKETRAMA RAJA, VICE CHAIRMAN AND MANAGING DIRECTOR OF THE SAID COMPANY INCREASED BY 11.17% (FROM 17.75% TO 29.46%)
DID NOT MAKE PUBLIC ANNOUNCEMENT TO ACQUIRE 20% OF THE VOTING CAPITAL
|
IMPOSED LOCK-IN ON SHARES ALLOTTED THROUGH CONVERSION OF WARRANTS
REPORT TO BE TAKEN ON RECORD
24-AUG-2004
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
