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 : 10-SEP-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.

COMPANIES: VIOLATED SEBI (PFUTP) REGULATIONS, 2003

S.No.

ENTITY

PERSONS

REGULATORY CHARGES

REGULATORY ACTION(S) / DATE OF ORDER

FURTHER DEVELOPMENTS

201

BIRLA POWER SOLUTIONS LTD.

(CIN:L31101MH1984PLC032773
PAN:AAACB5253D)

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

N.NAGESH

PAN:AAQPN1499Q

RAJESH V.SHAH

PAN:AAGPS9485D

UPKAR SINGH KOHLI

PAN:AAIPK0833F

INDULGED IN APPROVAL OF BOARD RESOLUTION SUBMITTED TO EURAM BANK VIOLATING SECTION 12A (A) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF BIRLA POWER SOLUTIONS LTD.

202

BIRLA POWER SOLUTIONS LTD.

(CIN:L31101MH1984PLC032773
PAN:AAACB5253D)

INDULGED IN FACILITATING SUBSCRIPTION OF GDRS BY VINTAGE FZE, UAE THROUGH FINANCE OBTAINED FROM EURAM BANK, AUSTRIA FOR SUBSCRIPTION OF GDR AND ISSUER COMPANY (BPSL) PLEDGED GDR WITH EURAM BANK VIOLATING SECTIONS 12A(A) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) AND 4(1), 4(2)(F), (K) & (R) OF PFUTP REGULATIONS, 2003

203

BIZ BUDDY MEDIA MARKETING

(PAN:AAQFB5415L)

DISSEMINATED FALSE AND MISLEADING INFORMATION THROUGH SMSES TO GULLIBLE INVESTORS TO TRADE IN SCRIP OF V.B.INDUSTRIES LTD.

IMPOSED PENALTY RS.5,00,000

31-JAN-2023

SEBI VIDE ITS NOTICE DATED 05/05/2023 DIRECTED TO PAY RS.5,26,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SEBI VIDE ITS ORDER DATED 30/05/2023 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED

SAT: SAT VIDE ITS ORDER DATED 27/06/2023 ALLOWED APPELLANTS FURTHER THREE WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 03/07/2023 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED ON OR BEFORE NEXT DATE. DIRECTED APPELLANT TO DEPOSIT PENALTY AMOUNT

SAT: SAT VIDE ITS ORDER DATED 07/08/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANT FURTHER THREE WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 22/09/2023 ALLOWED APPELLANTS FURTHER THREE WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 06/11/2023 CONDONED THE DELAY IN FILING OF APPEAL AND REPLY IS TAKEN ON RECORD

SAT: SAT VIDE ITS ORDER DATED 08/12/2023 CONDONED THE DELAY IN FILING OF APPEAL

SEBI VIDE ITS NOTICE DATED 21/03/2024 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.5,71,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG

SAT: SAT VIDE ITS ORDER DATED 05/08/2024 DISMISSED THE APPEAL. NO COSTS

204

BLAZER VENTURE PVT.LTD.

(PAN:AADCB2836R)

FACILITATED FUNDING THROUGH ITS RELATED/CONNECTED ENTITIES TO PREFERENTIAL ALLOTMENT BY PREFERENTIAL ALLOTTEES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF JMD TELEFILMS INDUSTRIES LTD. (NOW JMD VENTURES LTD.)

IMPOSED PENALTY RS.6,00,000

28-OCT-2022

205

BLC TRADING & AGENCIES PVT.LTD.

(CIN:U51900MH2006PTC160152
PAN:AACCB8181G)

INDULGED IN SIPHONING OFF/DIVERSION OF RS.33.83 CRORES IN IPO PROCEEDS VIOLATING SECTIONS 12(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF IPO OF RAVI KUMAR DISTILLERIES LTD.

IMPOSED PENALTY RS.5,00,000

21-AUG-2020

206

BLUE BIRD (INDIA) LTD.

(PAN:AADCA0162D)

INDULGED IN DUBIOUS ACCOUNTING PRACTICES TO DEFRAUD INVESTORS BY MANIPULATING FINANCIAL STATEMENTS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1) AND 4(2)(A), (E), (F), (K) AND (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF BLUE BIRD (INDIA) LTD.

INDULGED IN DUBIOUS ACCOUNTING PRACTICES TO DEFRAUD INVESTORS BY MANIPULATING FINANCIAL STATEMENTS VIOLATING CLAUSES 41(I)(A), 41(I)(H), 41(II)(A), 41(IV)(G), 41(IV)(H), 49(IV)(B), 49(IV)(F)(II), 49(V) AND 50 OF SEBI LISTING AGREEMENT

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 18-JUN-2021 TO 17-JUN-2026

CEASED & DESIST FROM UNDERTAKING ANY ACTIVITY IN SECURITIES MARKET INCLUDING ACTIVITY OF ACTING AND REPRESENTING THROUGH ANY MEDIA (PHYSICAL OR DIGITAL) AS AN INVESTMENT ADVISOR, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 18-JUN-2021 TO 17-JUN-2026

18-JUN-2021

207

BLUE BIRD MERCANTILES PVT.LTD.

(PAN:AABCB0735D)

INDULGED IN CREATION OF FALSE OR MISLEADING APPEARANCE OF TRADING VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D), 4(1) AND 4(2)(D) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ECE INDUSTRIES LTD.

INDULGED IN CREATION OF FALSE OR MISLEADING APPEARANCE OF TRADING TO MAKE DELISTING OFFER SUCCESSFUL VIOLATING REGULATIONS 4(5)(A) TO 4(5)(C) OF SEBI (DELISTING OF EQUITY SHARES) REGULATIONS, 2009 IN MATTER OF ECE INDUSTRIES LTD.

208

BLUE SKY COURIER & CARGO PVT.LTD.

(PAN:AABCB6999D)

INDULGED IN FUNDING IN FRAUDULENT MANNER THROUGH ITS SUBSIDIARIES/ASSOCIATED/CONNECTED ENTITIES, SUBSCRIPTION TO PREFERENTIAL ALLOTMENT OF WARRANTS AND CONVERSION OF WARRANTS INTO EQUITY SHARES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF HASTI FINANCE LTD.

IMPOSED PENALTY RS.15,00,000 ALONG WITH OTHER ENTITIES/PERSONS

28-JUL-2022

209

BM TRADERS

(PAN:ADOPJ5144R)

RAJ JAGTANI

PAN:ADOPJ5144R

AIDED AND ABETTED VARANIUM CLOUD LTD. IN SIPHONING OFF FUNDS OF RIGHTS ISSUE AND IPO VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF VARANIUM CLOUD LTD.

DID NOT ADHERE TO SUMMONS ISSUED BY SEBI

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 25-AUG-2026 TO 24-AUG-2030

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 25-AUG-2026 TO 24-AUG-2030

IMPOSED PENALTY RS.10,10,00,000 ALONG WITH OTHER ENTITIES/PERSONS

25-AUG-2026

210

BOMBAY DYEING & MANUFACTURING CO.LTD.,THE

(PAN:AAACT2328K)

(Along with : SCAL SERVICES LTD.)

DURGESH MEHTA

PAN:AAKPM9703A

JEHANGIR NUSLI WADIA

PAN:AAAPW0989N

N.H.DATANWALA

PAN:AACPD5729K

NESS NUSLI WADIA

PAN:AAAPW0814G

NUSLI NEVILLE WADIA

PAN:AAAPW0990M

R.CHANDRASEKHARAN

PAN:AABPC3516A

SHAILESH KARNIK

PAN:AISPK4123A

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 21-OCT-2022 TO 20-OCT-2023

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 21-OCT-2022 TO 20-OCT-2023

IMPOSED PENALTY RS.75,00,000

21-OCT-2022

211

BOMBAY DYEING & MANUFACTURING CO.LTD.,THE

(PAN:AAACT2328K)

(Along with : SCAL SERVICES LTD.)

DURGESH MEHTA

PAN:AAKPM9703A

JEHANGIR NUSLI WADIA

PAN:AAAPW0989N

N.H.DATANWALA

PAN:AACPD5729K

NESS NUSLI WADIA

PAN:AAAPW0814G

NUSLI NEVILLE WADIA

PAN:AAAPW0990M

R.CHANDRASEKHARAN

PAN:AABPC3516A

SHAILESH KARNIK

PAN:AISPK4123A

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF BOMBAY DYEING & MANUFACTURING CO.LTD. AND SUBSIDIARIES VIOLATING SECTION 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(D), 4(1), 4(2)(E), 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF BOMBAY DYEING & MANUFACTURING CO.LTD.

DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF BOMBAY DYEING & MANUFACTURING CO.LTD.

ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BOMBAY DYEING & MANUFACTURING CO.LTD.

RESTRAINED AND FURTHER PROHIBITED FROM HOLDING AND OCCUPYING ANY MANAGERIAL POST OR BEING ASSOCIATED DIRECTLY OR INDIRECTLY WITH ANY LISTED PUBLIC COMPANY AND/OR ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC OR ANY INTERMEDIARY REGISTERED WITH SEBI FROM 21-OCT-2022 TO 20-OCT-2023

21-OCT-2022

212

BOMBAY DYEING & MANUFACTURING CO.LTD.,THE

(PAN:AAACT2328K)

DURGESH MEHTA

PAN:AAKPM9703A

JEHANGIR NUSLI WADIA

PAN:AAAPW0989N

NESS NUSLI WADIA

PAN:AAAPW0814G

NUSLI NEVILLE WADIA

PAN:AAAPW0990M

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF BOMBAY DYEING & MANUFACTURING CO.LTD. AND SUBSIDIARIES VIOLATING SECTION 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(D), 4(1), 4(2)(E), 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF BOMBAY DYEING & MANUFACTURING CO.LTD.

DID NOT MAKE DISLOSURE OF RELATED PARTY TRANSACTION WITH SCAL SERVICES LTD. VIOLATING CLAUSE 49(VIII)A(1) OF ERSTWHILE LISTING AGREEMENT AND REGULATIONS 27(2)(B) READ WITH REGULATION 103 OF SEBI (LODR) REGULATIONS, 2015

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 21-OCT-2022 TO 20-OCT-2024

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 21-OCT-2022 TO 20-OCT-2024

IMPOSED PENALTY RS.2,25,00,000

21-OCT-2022

SAT: SAT VIDE ITS ORDER DATED 10/11/2022 DIRECTED RESPONDENT TO FILE THE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER. DIRECTED THAT EFFECT AND OPERATION OF IMPUGNED ORDER TO REMAIN STAYED DURING PENDENCY OF THE APPEAL

SAT: SAT VIDE ITS ORDER DATED 10/01/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER AND REPLY, IF ANY, TO BE FILED WITHIN 3 DAYS

SAT: SAT VIDE ITS ORDER DATED 10/05/2023 CONDONED THE DELAY IN FILING OF APPEAL

SAT: SAT VIDE ITS ORDER DATED 16/01/2026 ALLOWED THE APPEAL AND SET ASIDE IMPUGNED ORDER DATED 21/10/2022. PENALTY AMOUNT IF ANY, PAID BY APPELLANTS TO BE REFUNDED WITHIN FOUR WEEKS FROM DATE OF THIS ORDER. DISMISSED THE APPEAL. NO COSTS

SAT: SAT VIDE ITS ORDER DATED 29/01/2026 DISMISSED THE APPEAL AS WITHDRAWN

213

BRIGHT SECURITIES

(PAN:AWWPK8525E)

SATENDRA KUMAR

DIN:02151566
PAN:AWWPK8525E

INDULGED IN DIVERSION OF IPO PROCEEDS VIOLATING SECTIONS 12(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ESTEEM BIO FOOD PROCESSING LTD.

IMPOSED PENALTY RS.5,00,000 ALONG WITH OTHER ENTITIES/PERSONS

28-APR-2022

SEBI VIDE ITS NOTICE DATED 16/08/2023 DIRECTED TO PAY RS.5,86,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SEBI VIDE ITS ORDER DATED 03/02/2025 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED

SEBI VIDE ITS NOTICE DATED 16/07/2025 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.7,01,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEES TO SEBI BY WAY OF EFT/NEFT/RTG

214

BRIGHT SECURITIES

(PAN:AWWPK8525E)

SATENDRA KUMAR

DIN:02151566
PAN:AWWPK8525E

MISUTILIZED IPO PROCEEDS BY TRANSFERRING THE FUNDS TO CERTAIN FUNDING GROUP ENTITIES AND MADE FALSE & MISLEADING DISCLOSURES IN PROSPECTUS VIOLATING SECTIONS 12A (A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF IPO OF ECO FRIENDLY FOOD PROCESSING PARK LTD.

IMPOSED PENALTY RS.6,00,000 ALONG WITH OTHER ENTITIES/PERSONS

29-JUL-2022

SAT: SAT VIDE ITS ORDER DATED 23/03/2023 ALLOWED RESPONDENT FURTHER TWO WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER TWO WEEKS THEREAFTER

SEBI VIDE ITS NOTICE DATED 17/09/2024 DIRECTED TO PAY RS.7,63,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SEBI VIDE ITS ORDER DATED 20/05/2025 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED

SEBI VIDE ITS NOTICE DATED 01/07/2025 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.8,23,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG

215

BRIGHT SECURITIES

(PAN:BNBPK2681L)

RAJ KUMAR

PAN:BNBPK2681L

MISUTILIZED MISUTILIZED IPO PROCEEDS BY TRANSFERRING THE FUNDS TO CERTAIN FUNDING GROUP ENTITIES AND MADE FALSE & MISLEADING DISCLOSURES IN PROSECTUS VIOLATING SECTIONS 12A (A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF IPO OF HPC BIOSCIENCES LTD.

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-DEC-2020 TO 21-DEC-2021

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 22-DEC-2020 TO 21-DEC-2021

DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS

22-DEC-2020

SAT: SAT VIDE ITS ORDER DATED 15/06/2023 REJOINDER TO BE FILE WITHIN TWO WEEKS FROM DATE OF THIS ORDER

216

BRIGHT SECURITIES

(PAN:AWWPK8525E)

SATENDRA KUMAR

DIN:02151566
PAN:AWWPK8525E

INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIPS OF ECO FRIENDLY FOOD PROCESSING PARK LTD., ESTEEM BIO ORGANIC FOOD PROCESSING LTD., CHANNEL NINE ENTERTAINMENT LTD. AND HPC BIOSCIENCES LTD.

MISUTILIZED IPO PROCEEDS BY TRANSFERRING THE FUNDS TO CERTAIN FUNDING GROUP ENTITIES AND MADE FALSE & MISLEADING DISCLOSURES IN PROSECTUS VIOLATING SECTIONS 12A (A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF IPO OF ESTEEM BIO ORGANIC FOOD PROCEESING LTD.

MISUTILIZED IPO PROCEEDS BY TRANSFERRING THE FUNDS TO CERTAIN FUNDING GROUP ENTITIES AND MADE FALSE & MISLEADING DISCLOSURES IN PROSPECTUS VIOLATING SECTIONS 12A (A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF IPO OF ECO FRIENDLY FOOD PROCESSING PARK LTD.

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 29-JUN-2015 TO 22-DEC-2020

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 29-JUN-2015 TO 22-DEC-2020

DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS

29-JUN-2015

SEBI VIDE ITS ORDER DATED 14/06/2016 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS AD-INTERIM EX-PARTE ORDER DATED 29/06/2015

SEBI VIDE ITS ORDER DATED 17/02/2016 CONFIRMED ITS DIRECTIONS ISSUED VIDE ITS AD INTERIM EX-PARTE ORDER DATED 29/06/2015

SAT: SAT VIDE ITS ORDER DATED 15/06/2023 REJOINDER TO BE FILE WITHIN TWO WEEKS FROM DATE OF THIS ORDER

SEBI VIDE ITS ORDER DATED 22/12/2020 DIRECTED TO A) RESTRAINED AND PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN THE SECURITIES MARKET, DIRECTLY OR INDIRECTLY IN ANY MANNER WHATSOEVER MANNER FOR TILL THE DATE OF THIS ORDER B) EXISTING HOLDING OF SECURITIES INCLUDING UNITS OF MUTUAL FUNDS TO REMAIN FREEZE

SEBI VIDE ITS ORDER DATED 22/12/2020 DIRECTED TO A) RESTRAINED AND PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN THE SECURITIES MARKET, DIRECTLY OR INDIRECTLY IN ANY MANNER WHATSOEVER MANNER FOR TILL THE DATE OF THIS ORDER B) RESTRAINT THE EXISTING HOLDING OF SECURITIES INCLUDING THE UNITS OF MUTUAL FUNDS REMAIN UNDER FREEZE

217

BRIGHT SECURITIES

(PAN:BNBPK2681L)

RAJ KUMAR

PAN:BNBPK2681L

ACTED FRAUDULENTLY TO LIST SCRIP OF THE COMPANY AND SUBSEQUENTLY DIVERT THE IPO PROCEEDS VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF IPO OF HPC BIOSCIENCES LTD.

IMPOSED PENALTY RS.10,00,000 ALONG WITH OTHER ENTITIES/PERSONS

25-FEB-2022

SEBI VIDE ITS NOTICE DATED 29/07/2022 DIRECTED TO PAY RS.10,61,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SEBI VIDE ITS NOTICE DATED 17/08/2022 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED

SEBI VIDE ITS ORDER DATED 05/09/2022 DIRECTED ALL THE BANKS TO REMIT ENTIRE AMOUNT TO THE EXTENT LYING IN THE BANK AND TERM DEPOSIT ACCOUNTS OF BRIGHT SECURITIES & MR.RAJ KUMAR TO SEBI BY WAY OF EFT/NEFT/RTGS

218

BRIGHTCOM GROUP LTD.

(PAN:AAACL5827B)

LAXMINARAYANA RAJU SINGARAJU

PAN:BHCPS1066C

M.SURESH KUMAR REDDY

PAN:AOOPM8696J

SUBRATO SAHA

PAN:AFOPS1470F

DID NOT COLLECT ADEQUATE CONSIDERATION WHILE MAKING PREFERENTIAL ALLOTMENTS AS WELL AS TO CAMOUFLAGE ROUND-TRIPPING OF FUNDS TO THE ALLOTTEES THROUGH SUBSIDIARIES AND CONDUIT ENTITIES AND DIVERSION OF CO�S FUNDS TO MR.M.SURESH KUMAR REDDY AND OTHERS

MISREPRESENTED AND MISSTATED BOOKS OF ACCOUNTS

DIRECTED TO PLACE COPY OF THE ORDER BEFORE ITS BOARD OF DIRECTORS

DIRECTED TO ENSURE P.MURALI & CO. AND PCN & ASSOCIATES INCLUDING THEIR PAST AND PRESENT PARTNERS ARE NOT ENGAGED WITH BRIGHTCOM GROUP LTD. OR ITS SUBSIDIARIES IN ANY CAPACITY OR MANNER WHATSOEVER

22-AUG-2023

SAT: SAT VIDE ITS ORDER DATED 11/12/2023 CONDONED THE DELAY IN FILING OF APPEAL AND RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER

SAT: SAT VIDE ITS ORDER DATED 18/01/2024 DISPOSED OF THE MISC.APPLICATION WITHOUT ANY INTERFERENCE IN THE IMPUGNED ORDER

SAT: SAT VIDE ITS ORDER DATED 09/02/2024 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER

SEBI VIDE ITS ORDER DATED 28/02/2024 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 22/08/2023

SAT: SAT VIDE ITS ORDER DATED 04/03/2024 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 04/12/2024 GRANTED APPELLANT TWO WEEKS TO FILE REPLY

SAT: SAT VIDE ITS ORDER DATED 02/01/2025 DIRECTED APPELLANTS TO FILE REJOINDER BY 01/02/2025

219

BUDHISAGAR SHARES & SERVICES PVT.LTD.

(PAN:AADCB7966J)

INDULGED IN SIPHONING OFF IPO PROCEEDS IN MATTER OF MIDVALLEY ENTERTAINMENT LTD.

DID NOT PROVIDE INFORMATION/DOCUMENTS SOUGHT VIDE SUMMON IN MATTER OF MIDVALLEY ENTERTAINMENT LTD.

IMPOSED PENALTY RS.7,00,000

31-MAY-2022

220

BURNPUR CEMENT LTD.

(PAN:AACCA1999B)

DID NOT PREPARE FINANCIAL STATEMENTS AS REQUIRED UNDER INDAS 37 VIOLATING REGULATIONS 4(1)(A), 4(1)(B) AND 4(1)(E) AND 48 OF SEBI (LODR) REGULATIONS, 2015

DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES ABOUT DIFFERENT ACCOUNTING TREATMENT IN FINANCIAL STATEMENTS TOGETHER WITH MANAGEMENT�S EXPLANATION AND DID NOT PUBLISH TRUE AND FAIR FINANCIAL STATEMENTS VIOLATING REGULATIONS 30(4)(I)(B) READ WITH CLAUSE 8 OF PARA B OF PART A OF SCHEDULE III READ WITH REGULATIONS 30(3) OF SEBI (LODR) REGULATIONS, 2015

DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES WITH RESPECT INCOME TAX ORDERS VIOLATING CLAUSE 2 OF PART B OF SCHEDULE V READ WITH REGULATION 34(3) OF SEBI (LODR) REGULATIONS, 2015

DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES ABOUT DIFFERENT ACCOUNTING TREATMENT IN FINANCIAL STATEMENTS TOGETHER WITH MANAGEMENT�S EXPLANATION AND DID NOT PUBLISH TRUE AND FAIRE FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003

IMPOSED PENALTY RS.6,00,000

14-JUN-2023

SAT: SAT VIDE ITS ORDER DATED 24/04/2026 DISMISSED THE APPEAL AS WITHDRAWN. NO COSTS

The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.