S.
DATE OF ORDER
ENTITY
PERSON
COMPETENT AUTHORITY
REGULATORY CHARGES
REGULATORY ACTION(S) / DATE OF ORDER
FURTHER DEVELOPMENTS
1
30-MAY-2025
HIGHLIGHT INVESTMENT RESEARCH
SHILPA GARG
SEBI
PROMISED ASSURED/GUARANTEE RETURNS/PROFITS TO CLIENTS
IMPOSED PENALTY
2
30-MAY-2025
MBM FINANCIAL SERVICES
MEHERNOSH D.BHAGAT
SEBI
INDULGED IN FRONT RUNNING THE TRADES BY SHARING AND MISUSING MATERIAL NON-PUBLIC INFORMATION VIOLATING SECTIONS 12A(A) TO 12A(C) AND 12A(E) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1) AND 4(2)(Q) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ALPNA ENTERPRISES
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 30-MAY-2025 TO 29-MAY-2026
3
30-MAY-2025
MBM FINANCIAL SERVICES
CHETAN MEHTA
SEBI
INDULGED IN FRONT RUNNING THE TRADES BY SHARING AND MISUSING MATERIAL NON-PUBLIC INFORMATION VIOLATING SECTIONS 12A(A) TO 12A(C) AND 12A(E) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1) AND 4(2)(Q) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ALPNA ENTERPRISES
DIRECTED TO DISGORGE
4
30-MAY-2025
MBM FINANCIAL SERVICES
CHETAN MEHTA
SEBI
INDULGED IN FRONT RUNNING THE TRADES BY SHARING AND MISUSING MATERIAL NON-PUBLIC INFORMATION VIOLATING SECTIONS 12A(A) TO 12A(C) AND 12A(E) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1) AND 4(2)(Q) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ALPNA ENTERPRISES
IMPOSED PENALTY
5
30-MAY-2025
SMART FINANCIAL
MANOJ JETHANAND VARYANI
SEBI
DID NOT PROVIDE MATERIAL INFORMATION TO SEBI
IMPOSED PENALTY
6
29-MAY-2025
HIGH SPIRITS SALES AGENCIES PVT.LTD.
SEBI
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SADHNA BROADCAST LTD. USING MISLEADING YOUTUBE VIDEOS WITH FALSE CONTENT BACKED BY PAID MARKETING CAMPAIGN
IMPOSED PENALTY
7
29-MAY-2025
HIGH SPIRITS SALES AGENCIES PVT.LTD.
SEBI
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SADHNA BROADCAST LTD. USING MISLEADING YOUTUBE VIDEOS WITH FALSE CONTENT BACKED BY PAID MARKETING CAMPAIGN
DIRECTED TO DISGORGE
8
29-MAY-2025
KARAVAN TRADELINK OPC PVT.LTD.
SEBI
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SADHNA BROADCAST LTD. USING MISLEADING YOUTUBE VIDEOS WITH FALSE CONTENT BACKED BY PAID MARKETING CAMPAIGN
DIRECTED TO DISGORGE
9
29-MAY-2025
KARAVAN TRADELINK OPC PVT.LTD.
SEBI
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SADHNA BROADCAST LTD. USING MISLEADING YOUTUBE VIDEOS WITH FALSE CONTENT BACKED BY PAID MARKETING CAMPAIGN
IMPOSED PENALTY
10
29-MAY-2025
NAMAN BROADCASTINGS & TELECOMMUNICATIONS PVT.LTD.
SEBI
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SADHNA BROADCAST LTD. USING MISLEADING YOUTUBE VIDEOS WITH FALSE CONTENT BACKED BY PAID MARKETING CAMPAIGN
IMPOSED PENALTY
11
29-MAY-2025
SADHNA BIO OILS PVT.LTD.
SEBI
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SADHNA BROADCAST LTD. USING MISLEADING YOUTUBE VIDEOS WITH FALSE CONTENT BACKED BY PAID MARKETING CAMPAIGN
IMPOSED PENALTY
12
29-MAY-2025
SADHNA BIO OILS PVT.LTD.
SEBI
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SADHNA BROADCAST LTD. USING MISLEADING YOUTUBE VIDEOS WITH FALSE CONTENT BACKED BY PAID MARKETING CAMPAIGN
DIRECTED TO DISGORGE
13
29-MAY-2025
SMR LEASING
SEBI
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SADHNA BROADCAST LTD. USING MISLEADING YOUTUBE VIDEOS WITH FALSE CONTENT BACKED BY PAID MARKETING CAMPAIGN
DIRECTED TO DISGORGE
14
29-MAY-2025
SMR LEASING
SEBI
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SADHNA BROADCAST LTD. USING MISLEADING YOUTUBE VIDEOS WITH FALSE CONTENT BACKED BY PAID MARKETING CAMPAIGN
IMPOSED PENALTY
15
29-MAY-2025
VALUE SQUARE CAPITAL PVT.LTD.
SEBI
DID NOT OBTAIN ANY REGISTRATION WITH SEBI AS A MERCHANT BANKER
IMPOSED PENALTY
16
29-MAY-2025
VARUN MEDIA PVT.LTD.
SEBI
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SADHNA BROADCAST LTD. USING MISLEADING YOUTUBE VIDEOS WITH FALSE CONTENT BACKED BY PAID MARKETING CAMPAIGN
DIRECTED TO DISGORGE
17
29-MAY-2025
VIRTUAL BUSINESS SOLUTION PVT.LTD.
SEBI
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SADHNA BROADCAST LTD. USING MISLEADING YOUTUBE VIDEOS WITH FALSE CONTENT BACKED BY PAID MARKETING CAMPAIGN
IMPOSED PENALTY
18
29-MAY-2025
VIRTUAL BUSINESS SOLUTION PVT.LTD.
SEBI
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SADHNA BROADCAST LTD. USING MISLEADING YOUTUBE VIDEOS WITH FALSE CONTENT BACKED BY PAID MARKETING CAMPAIGN
DIRECTED TO DISGORGE
19
29-MAY-2025
WESSEL CONSULTANCY PVT.LTD.
SEBI
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SADHNA BROADCAST LTD. USING MISLEADING YOUTUBE VIDEOS WITH FALSE CONTENT BACKED BY PAID MARKETING CAMPAIGN
IMPOSED PENALTY
20
29-MAY-2025
WESSEL CONSULTANCY PVT.LTD.
SEBI
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SADHNA BROADCAST LTD. USING MISLEADING YOUTUBE VIDEOS WITH FALSE CONTENT BACKED BY PAID MARKETING CAMPAIGN
DIRECTED TO DISGORGE
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
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