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 : 02-MAR-2026

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.

STOCK BROKERS: ADVISED TO BE CAREFUL AND CAUTIOUS IN CONDUCT OF BUSINESS AS A STOCK BROKER

S.No.

ENTITY

PERSONS

REGULATORY CHARGES

REGULATORY ACTION(S) / DATE OF ORDER

FURTHER DEVELOPMENTS

8661

YELKAYES FINANCIAL CONSULTANTS & INVESTMENTS LTD.

(Member : NSE)

DID NOT COLLECT MARGINS FROM CLIENTS

DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS

SUSPENDED REGISTRATION AS STOCK BROKER FROM 23-MAY-2003 TO 22-SEP-2003

02-MAY-2003

8662

YES SECURITIES (INDIA) LTD.

(PAN:AAACY6065C)

(Member : BSE/NSE/MSEI)

DELAY IN SENDING RETENTION STATEMENT TO CLIENTS

INCORRECT REPORTING OF MARGIN TO STOCK EXCHANGES

DID NOT ADHERE TO LEVERAGE AND EXPOSURE LIMITS AS PRESCRIBED WHILE GRANTING MARGIN TRADING FACILITY

DISCREPANCIES IN NETWORTH REPORTED TO STOCK EXCHANGE

MADE INCORRECT AND/OR DID NOT REPORT ENHANCED SUPERVISION OF DATA TO STOCK EXCHANGES

IMPOSED PENALTY RS.5,00,000

27-SEP-2023

8663

YKS CAPITAL SERVICES PVT.LTD.

(Member : DSE)

DEFAULTED IN MAINTENANCE OF DOCUMENTS REGISTER

COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES

DEFICIENCIES IN CLIENT DATABASE

DEALT WITH UN-REGISTERED SUB-BROKERS

DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE

DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER

CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS

03-JUL-2001

8664

YOGEN J.VYAS

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YOGEN J.VYAS,M/S

(Member : VSE)

DID NOT PAY FEES TO SEBI

SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-MAR-2010

08-MAR-2010

8665

YOGEN J.VYAS,M/S

(Member : VSE)

YOGEN J.VYAS

DID NOT PAY FEES TO SEBI

SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-MAR-2010

08-MAR-2010

8666

YOGENDRA K.MODI

YOGENDRA K.MODI,M/S

(Member : BHSE)

DID NOT PAY FEES TO SEBI

INITIATED ENQUIRY PROCEEDINGS

20-AUG-2009

PROCEEDINGS AGAINST BROKER DROPPED AS REGISTRATION FEE HAS BEEN PAID SUBSEQUENTLY, AS PER ORDER DATED 20/08/2009

8667

YOGENDRA K.MODI

YOGENDRA K.MODI,M/S

(Member : BHSE)

ALLEGED FAILURE TO PAY REGISTRATION FEE TO SEBI

DIRECTED TO REPLY WITHIN 15 DAYS FROM DATE OF PUBLICATION OF NOTICE

29-JUN-2009

8668

YOGENDRA K.MODI,M/S

(Member : BHSE)

YOGENDRA K.MODI

DID NOT PAY FEES TO SEBI

INITIATED ENQUIRY PROCEEDINGS

20-AUG-2009

PROCEEDINGS AGAINST BROKER DROPPED AS REGISTRATION FEE HAS BEEN PAID SUBSEQUENTLY, AS PER ORDER DATED 20/08/2009

8669

YOGENDRA K.MODI,M/S

(Member : BHSE)

YOGENDRA K.MODI

ALLEGED FAILURE TO PAY REGISTRATION FEE TO SEBI

DIRECTED TO REPLY WITHIN 15 DAYS FROM DATE OF PUBLICATION OF NOTICE

29-JUN-2009

8670

YOGENDRA SHARMA

YOGENDRA SHARMA,/MS

(Member : UPSE)

INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS

MISUSED DEBIT NOTE FACILITY IN STOCK EXCHANGE

DID NOT REPORT PRINCIPAL-TO-PRINCIPAL TRANSACTIONS TO THE EXCHANGE

DID NOT REPORT SPOT TRANSACTIONS TO THE EXCHANGE

DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS

SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-JUN-1999 TO 30-NOV-1999

24-MAY-1999

8671

YOGENDRA SHARMA

YOGENDRA SHARMA,/MS

(Member : UPSE)

DECLARED DEFAULTER BY THE EXCHANGE AND EXPELLED

DID NOT ADHERE TO THE PROVISION OF SEBI ACT, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 08-JUL-2003

17-JUN-2003

8672

YOGENDRA SHARMA,/MS

(Member : UPSE)

YOGENDRA SHARMA

DECLARED DEFAULTER BY THE EXCHANGE AND EXPELLED

DID NOT ADHERE TO THE PROVISION OF SEBI ACT, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 08-JUL-2003

17-JUN-2003

8673

YOGENDRA SHARMA,/MS

(Member : UPSE)

YOGENDRA SHARMA

SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-JUN-1999 TO 30-NOV-1999

24-MAY-1999

8674

YOGESH CHHOTALAL SHAH

YOGESH CHHOTALAL SHAH,M/S

(Member : SKSE)

DID NOT PAY FEES TO SEBI

INITIATED ENQUIRY PROCEEDINGS

23-APR-2009

PROCEEDING INITIATED VIDE ORDER DATED 11/08/2005 DISPOSED OFF AGAINST THE BROKER OF DE-RECOGNIZED STOCK EXCHANGES, AS THE RECOGNITION GRANTED TO THE STOCK EXCHANGES MENTIONED IN THE ORDER HAVE EITHER LAPSED OR BEEN WITHDRAWN, WITHOUT PREJUDICE TO SEBI�S RIGHT TO RECOVER THE DUES FROM THE SAID BROKERS, TILL THE DATE OF SUCH DE-RECOGNITION

8675

YOGESH CHHOTALAL SHAH,M/S

(Member : SKSE)

YOGESH CHHOTALAL SHAH

DID NOT PAY FEES TO SEBI

INITIATED ENQUIRY PROCEEDINGS

23-APR-2009

8676

YOGESH KEDIA

DG GOENKA EQUITIES PVT.LTD.

PAN:AABCD1447Q

(Member : BSE)

INDULGED IN INTRODUCTION OF UNLISTED SHARES INTO MARKET AND IN SYNCHRONIZED TRANSACTIONS IN SCRIP OF DESIGN AUTO SYSTEMS LTD.

DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE VIOLATING CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF DESIGN AUTO SYSTEMS LTD.

SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-NOV-2009 TO 18-JAN-2010

29-OCT-2009

SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 29/10/2009 SET ASIDE AND CASE SENT BACK TO WHOLE TIME MEMBER. APPELLANT MAY FILE ITS RESPONSE ON OR BEFORE 02/08/2010 WITH NO ORDER AS TO COSTS

SEBI VIDE ITS ORDER DATED 04/01/2011 SUSPENDED CERTIFICATE OF REGISTRATION AS STOCK BROKER FOR A PERIOD OF TWO MONTHS WHICH SHALL COME INTO FORCE ON EXPIRY OF TWENTY ONE DAYS FROM DATE OF THIS ORDER

8677

YOGESH M.KAMDAR,M/S

(Member : SKSE)

YOGESH MANSUKHLAL KAMDAR

DID NOT PAY FEES TO SEBI

INITIATED ENQUIRY PROCEEDINGS

23-APR-2009

8678

YOGESH MANSUKHLAL KAMDAR

YOGESH M.KAMDAR,M/S

(Member : SKSE)

DID NOT PAY FEES TO SEBI

INITIATED ENQUIRY PROCEEDINGS

23-APR-2009