| S.No. |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
4A SECURITIES LTD.
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER TILL 11-FEB-2020Rs.48,94,000
04-FEB-2020
IMPOSED PENALTY TILL 11-FEB-2020
|
SAT: APPEAL DISMISSED
|
| 2 |
|
|
ADI K.MOTAFRAM,M/S
|
|
NOT AVAILABLE
|
SUSPENDED REGISTRATION AS STOCK BROKER AS ON 31-OCT-2004
23-NOV-2004
|
|
| 3 |
|
|
ALANKIT ASSIGNMENTS LTD.
|
|
MISUTILISED CLIENTS FUNDS AND/OR SECURITIES
|
IMPOSED PENALTY FROM 15-NOV-2018 TO 19-NOV-2018Rs.25,00,000
31-OCT-2019
SUSPENDED REGISTRATION AS STOCK BROKER FROM 15-NOV-2018 TO 19-NOV-2018
|
SAT: SAT VIDE ITS ORDER DATED 08/11/2019 UPHELD PENALTY OF RS.25 LACS AND MODIFIED SUNPENSION OF FIVE DAYS FROM ALL SEGMENTS OF THE EXCHANGE TO RESTRAINED FROM TAKING ANY FRESH CLIENTS FOR ONE MONTHS W.E.F.FROM SEVENTH DAY OF DATE OF THIS ORDER. NO COSTS
|
| 4 |
|
|
ALICE BLUE FINANCIAL SERVICES PVT.LTD.
|
|
FALSE REPORTING OF MARGIN FROM CLIENTS
|
IMPOSED PENALTY FROM 06-JUN-2020 TO 06-JUN-2020Rs.4,35,02,000
27-JUN-2020
SUSPENDED REGISTRATION AS STOCK BROKER FROM 06-JUN-2020 TO 06-JUN-2020
|
SAT VIDE ITS ORDER DATED 27/06/2020 DIRECTED NSE TO FILE REPLY WITHIN FOUR WEEKS FROM DATE OF THIS ORDER. IMPUGNED ORDER SUSPENDING TRADING OF THE APPELLANT FOR ONE DAY TO REMAIN STAYED DURING PENDENCY OF THE APPEAL. PENALTY AMOUNT SO DEPOSITED WILL BE KEPT IN ESCROW ACCOUNT BY NSE
|
| 5 |
|
|
BANHEM SECURITIES PVT.LTD.
|
|
NOT AVAILABLE
|
SUSPENDED REGISTRATION AS STOCK BROKER AS ON 31-OCT-2004
23-NOV-2004
|
REVOKED THE SUSPENSION WITH EFFECT FROM JANUARY 30,2009
|
| 6 |
|
|
BHAIJEE PORTFOLIO LTD.
|
|
NOT A FIT & PROPER PERSON TO BE GRANTED REGISTRATION/TO OPERATE AS COMMODITY DERIVATIVES BROKER
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-DEC-2023
30-NOV-2023
|
NSE VIDE ITS CIRCULAR DATED 07/12/2023 RESTORED TRADING RIGHTS IN COMMODITY DERIVATIVES SEGMENT W.E.F.08/12/2023 AS PER THE SAT ORDER DATED 06/12/2023
|
| 7 |
|
|
BMA WEALTH CREATORS LTD.
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-OCT-2019
30-SEP-2019
|
|
| 8 |
|
|
CAB SECURITIES LTD.
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 13-DEC-2019 TO 13-DEC-2019
12-DEC-2019
|
|
| 9 |
|
|
CAPITAL WIZARD STOCK BROKING PVT.LTD.
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-APR-2019 TO 07-MAY-2019
26-APR-2019
|
|
| 10 |
|
|
CENTURY FINVEST PVT.LTD.
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 25-JAN-2023 TO 24-JUL-2023
27-JAN-2023
|
|
| 11 |
|
|
CLARIDGES INVESTMENTS & FINANCE PVT.LTD.
|
|
DID NOT MAINTAIN BASE MINIMUM CAPITAL
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 02-APR-2007
15-APR-2010
|
|
| 12 |
|
|
GRD SECURITIES LTD.
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER TILL 02-JUL-2019
01-JUL-2019
|
|
| 13 |
|
|
GROWTH AVENUES LTD.
|
|
DID NOT MAINTAIN BASE MINIMUM CAPITAL
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 02-APR-2007
15-APR-2010
|
|
| 14 |
|
|
ISHTA SECURITIES
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 21-JUL-2020 TO 21-JUL-2020
20-JUL-2020
|
|
| 15 |
|
|
KIMAYA SECURITIES & FINANCIAL SERVICES PVT.LTD.
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 18-AUG-2020 TO 18-AUG-2020
17-AUG-2020
|
|
| 16 |
|
|
KRISHA INCAP SERVICES PVT.LTD.
|
|
NOT AVAILABLE
|
SUSPENDED REGISTRATION AS STOCK BROKER AS ON 31-OCT-2004
23-NOV-2004
|
|
| 17 |
|
|
LFS BROKING PVT.LTD.
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 07-NOV-2022
06-NOV-2022
|
NSE VIDE ITS CIRCULAR DATED 17/11/2022 RESTORED THE TRADING RIGHTS IN ALL SEGMENTS OF THE EXCHANGE WITH IMMEDIATE EFFECT AS PER SAT ORDER DATED 17/11/2022
SAT: SAT VIDE ITS ORDER DATED 17/11/2022 ALLOWED THE APPEAL BY SETTING ASIDE IMPUGNED ORDER DATED 05/11/2022. DIRECTED APPELLANT TO APPEAR BEFORE COMMITTEE ON 28/12/2022 AND FILE THE REPLY TO SUPPLEMENTARY SHOW CAUSE NOTICE
|
| 18 |
|
|
NARIMAN POINT FINANCE LTD.
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 21-MAY-2020 TO 21-MAY-2020
20-MAY-2020
|
|
| 19 |
|
|
NEON VINIMAY PVT.LTD.
|
|
FALSE REPORTING OF MARGIN FROM CLIENTS
|
IMPOSED PENALTY FROM 11-SEP-2018 TO 11-SEP-2018Rs.13,47,346
26-APR-2019
SUSPENDED REGISTRATION AS STOCK BROKER FROM 11-SEP-2018 TO 11-SEP-2018
|
SAT: SAT VIDE ITS ORDER DATED 26/04/2019 PARTLY ALLOWED THE APEAL BY UPHELDING ONLY MONETARY PENALTY. NO COSTS
|
| 20 |
|
|
NOUVEAU SHARES & SECURITIES LTD.
|
|
DID NOT MEET CAPITAL ADEQUACY REQUIREMENTS FOR CONTINUED ADMITTANCE TO TRADING MEMBERSHIP OF EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-NOV-2006
01-NOV-2006
|
|
| 21 |
|
|
OPG SECURITIES PVT.LTD.
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 13-JUN-2024 TO 13-JUN-2024
12-JUN-2024
|
|
| 22 |
|
|
PARNI SECURITIES LTD.
|
|
NOT AVAILABLE
|
SUSPENDED REGISTRATION AS STOCK BROKER AS ON 31-OCT-2004
23-NOV-2004
|
|
| 23 |
|
|
PREMIER SHARES LTD.
|
|
DID NOT MEET CAPITAL ADEQUACY REQUIREMENTS FOR CONTINUED ADMITTANCE TO TRADING MEMBERSHIP OF EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-NOV-2006
01-NOV-2006
|
REVOKED THE SUSPENSION OF TRADING MEMBER WITH EFFECT OF NOV 23,2006
|
| 24 |
|
|
PRIDE SHARES & CAPITALS PVT.LTD.
|
|
NOT AVAILABLE
|
SUSPENDED REGISTRATION AS STOCK BROKER AS ON 31-OCT-2004
23-NOV-2004
|
|
| 25 |
|
|
QUANTUM GLOBAL SECURITIES LTD.
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER TILL 20-JAN-2020
13-JAN-2020
|
BSE VIDE ITS NOTICE DATED 15/01/2020 SAT VIDE ITS ORDER DATED 15/01/2020 STAYED THE SUSPENSION AND RESTORED TRADING RIGHTS IN ALL SEGMENTS W.E.F.16/01/2020
|
| 26 |
|
|
R.K.STOCK HOLDING PVT.LTD.
|
|
MISUTILISED CLIENTS FUNDS AND/OR SECURITIES
|
IMPOSED PENALTY FROM 28-FEB-2020 Rs.47,70,000
09-FEB-2021
SUSPENDED REGISTRATION AS STOCK BROKER FROM 28-FEB-2020
|
SAT: SAT VIDE ITS ORDER DATED 09/02/2021 PARTLY ALLOWED THE APPEAL BY SET ASIDING THE DIRECTION OF SUSPENSION OF TRADING ACTIVITIES IN ALL SEGMENT FOR FIVE DAYS. FURTHER, DIRECTED APPELLANT TO PAY PENALTY AMOUNT WITHIN FOUR WEEKS TOWARDS COSTS WITHIN FOUR WEEKS
SAT: SAT VIDE ITS ORDER DATED 21/10/2021 DISMISSED THE APPEAL. NO COSTS
|
| 27 |
|
|
RDQ STOCK BROKING PVT.LTD.
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 16-NOV-2022
15-NOV-2022
|
|
| 28 |
|
|
REFLECTION INVESTMENTS
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 14-JAN-2020 Rs.5,47,900
14-JAN-2020
IMPOSED PENALTY FROM 14-JAN-2020
|
SAT: SAT VIDE ITS ORDER DATED 23/01/2020 DIRECTED APPELLANT TO PAY PENALTY RS.5,47,900.00 WITHIN ONE WEEK. DIRECTED NSE TO ALLOW APPELLANT TO OPERATE IN CASH SEGMENT OF EXCHANGE USING ONE TERMINAL. PERMISSION FOR LIMITED TRADING SUBJECT TO ENHANCED SUPERVISION OF NSE AND ON CONDITION THAT IT SHALL NOT RESULT IN ANY ADDITIONAL SHORTFALL OF CLIENT FUNDS. DIRECTED APPELLANT RECOUP REMAINING SHORTFALL OF RS.5.75 CRORES IN TWO INSTALMENTS OF RS.3.00 CRORES BY 29/02/2020 AND RS.2.75 CRORES BY 31/03/2020.NO COSTS
SAT: SAT VIDE ITS ORDER DATED 11/02/2020 DISPOSED OFF THE APPEL AS GRIEVANCE OF THE APPELLANT HAS SET AT REST
|
| 29 |
|
|
SANGHAVI SAVLA STOCK BROKERS LTD.
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 18-AUG-2020 TO 18-AUG-2020
17-AUG-2020
|
|
| 30 |
|
|
SANGHAVI SAVLA STOCK BROKERS LTD.
|
|
NOT AVAILABLE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 27-JUL-2020 Rs.2,04,00,000
24-SEP-2020
IMPOSED PENALTY FROM 27-JUL-2020
|
SAT: SAT VIDE ITS ORDER DATED 24/09/2020 DIRECTED TO DEPOSIT RS.75 LACS WITHIN TWO WEEKS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 01/07/2021 SET ASIDE IMPUGNED ORDER DATED 27/07/2020. MATTER REMITTED TO COMMITTEE TO DECIDE THE MATTER AFRESH
|
| 31 |
|
|
SEVENHILL SECURITIES LTD.
|
|
NOT AVAILABLE
|
SUSPENDED REGISTRATION AS STOCK BROKER AS ON 31-OCT-2004
23-NOV-2004
|
|
| 32 |
|
|
SHILPA SHARES & SECURITIES LTD.
|
|
NOT AVAILABLE
|
SUSPENDED REGISTRATION AS STOCK BROKER AS ON 31-OCT-2004
23-NOV-2004
|
REVOKED THE SUSPENSION WITH EFFECT FROM FEBRUARY 05,2007
|
| 33 |
|
|
SHREE NAMAN SECURITIES & FINANCE PVT.LTD.
|
|
MADE INCORRECT REPORTING OF MARGIN
|
IMPOSED PENALTY FROM 25-AUG-2020 Rs.21,77,200
10-MAR-2021
SUSPENDED REGISTRATION AS STOCK BROKER FROM 25-AUG-2020
|
SAT: SAT VIDE ITS ORDER DATED 10/03/2021 PARTLY ALLOWED THE APPEAL BY QUASHING THE DIRECTION OF SUSPENSION OF ONE DAY
|
| 34 |
|
|
SINGHMAN FINANCIAL SERVICES LTD.
|
|
NOT AVAILABLE
|
SUSPENDED REGISTRATION AS STOCK BROKER AS ON 31-OCT-2004
23-NOV-2004
|
|
| 35 |
|
|
SUNSHINE STOCK BROKING PVT.LTD.
|
|
FALSE REPORTING OF MARGIN FROM CLIENTS
|
IMPOSED PENALTY FROM 27-JUN-2020 Rs.99,18,800
29-OCT-2020
SUSPENDED REGISTRATION AS STOCK BROKER FROM 27-JUN-2020
|
SAT: SAT VIDE ITS ORDER DATED 29/10/2020 ALLOWED THE APEAL AND SET ASIDED IMPUGNED ORDER DATED 27/06/2020AND REMANDED THE MATTER TO COMMITTEE TO DECIDE AFRESH
|
| 36 |
|
|
VINEET SECURITIES PVT.LTD.
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 04-NOV-2019
04-NOV-2019
|
|
| 37 |
|
|
VISHVAS SECURITIES LTD.
|
|
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATIONS 7, 17(1) READ WITH 18 OF CLAUSES A(1) TO A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF GANGOTRI TEXTILES LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SELF, SYNCHRONIZED AND CIRCULAR TRADES IN SCRIP OF GANGOTRI TEXTILES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 12-OCT-2016
12-OCT-2016
|
|
| 38 |
|
|
YELKAYES FINANCIAL CONSULTANTS & INVESTMENTS LTD.
|
|
NOT AVAILABLE
|
SUSPENDED REGISTRATION AS STOCK BROKER AS ON 31-OCT-2004
23-NOV-2004
|
|
| 39 |
|
|
YUVRAJ SECURITIES
|
|
DID NOT ADHERE TO REGULATORY PROVISIONS OF THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 04-JAN-2021
04-JAN-2021
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
