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

241

CARDINAL CAPITAL PARTNERS

INDULGED IN ISSUANCE OF GDRS FRAUDULENTLY AND EXECUTED PLEDGE AGREEMENT ON BEHALF OF VIKASH VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF VIKASH METAL & POWER LTD.

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 29-SEP-2021 TO 28-SEP-2023

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 29-SEP-2021 TO 28-SEP-2023

29-SEP-2021

242

CARDINAL CAPITAL PARTNERS LTD.

INDULGED IN ISSUANCE OF GDRS FRAUDULENTLY AND EXECUTED PLEDGE AGREEMENT ON BEHALF OF HIRAN 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 HIRAN ORGOCHEM LTD.

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 06-OCT-2021 TO 05-OCT-2023

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 06-OCT-2021 TO 05-OCT-2023

06-OCT-2021

243

CAROL SECURITIES PVT.LTD.

(PAN:AACCC7690K)

INDULGED IN DIVERSION OF FUNDS OF RS.2,473.66 CRORE (APPROX) OF RELIGARE FINVEST LTD. THROUGH SUBSIDIARY OF REL FOR BENEFIT OF PROMOTERS/PROMOTER GROUP ENTITIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RELIGARE ENTERPRISES LTD.

IMPOSED PENALTY RS.15,00,000

31-OCT-2022

SEBI VIDE ITS NOTICE DATED 07/07/2023 DIRECTED TO PAY RS.16,51,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

244

CAT TECHNOLOGIES LTD.

(PAN:AABCC9026E)

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

ASHOK KULKARNI

DHADUVAI VENKATRAM

PAN:AFEPD8264J

DHIRAJ KUMAR JAISWAL

PAN:ACLPJ8528K

DINESH KUMAR JAISWAL

PAN:ABSPJ3747J

KESAVA MALLIKARJUNA PRASAD CHIVUKULA

PAN:ADCPC3929K

INDULGED IN FRAUDULENT ARRANGEMENT WITH VINTAGE AND EURAM TO SUBSCRIBE GDR ISSUE VIOLATING SECTIONS 72(2) READ WITH 77(4) OF COMPANIES ACT READ WITH REGULATION 3 OF PFUTP REGULATIONS, 2003 IN MATTER OF GDR ISSUES OF CAT TECHNOLOGIES LTD.

SUBMITTED FALSE INFOARMATION TO/CONCEALED INFORMATION FROM SEBI VIOLATING SECTION 11(C) OF SEBI ACT.

INDULGED IN FRAUDULENT ARRANGEMENT TO SUBSCRIPTION OF GDR ISSUE VIOLATING SECTIONS 12(A) TO (C) OF SEBI ACT. READ WITH REGULATIONS 3(A) TO 3(D) & 4(2)(C), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF GDR ISSUES OF CAT TECHNOLOGIES LTD.

DID NOT PROVIDE CORRECT INFORMATION AND CONCEALED MATERIAL INFORMATION FROM SEBI IN MATTER OF GDR ISSUES OF CAT TECHNOLOGIES LTD.

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 03-APR-2019 TO 02-APR-2024

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 03-APR-2019 TO 02-APR-2024

03-APR-2019

SAT: SAT VIDE ITS ORDER DATED 06/10/2021 DISMISSED THE APPEAL

245

CAT TECHNOLOGIES LTD.

(PAN:AABCC9026E)

DHADUVAI VENKATRAM

PAN:AFEPD8264J

DHIRAJ KUMAR JAISWAL

PAN:ACLPJ8528K

DINESH KUMAR JAISWAL

PAN:ABSPJ3747J

KESAVA MALLIKARJUNA PRASAD CHIVUKULA

PAN:ADCPC3929K

INDULGED IN FRAUDULENT ARRANGEMENT TO SUBSCRIPTION OF GDR ISSUE VIOLATING SECTIONS 12(A) TO (C) OF SEBI ACT. READ WITH REGULATIONS 3(A) TO 3(D) & 4(2)(C), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF GDR ISSUES OF CAT TECHNOLOGIES LTD.

DID NOT PROVIDE CORRECT INFORMATION AND CONCEALED MATERIAL INFORMATION FROM SEBI IN MATTER OF GDR ISSUES OF CAT TECHNOLOGIES LTD.

PROVIDED FALSE INFORMATION AND CONCEALED MATERIAL INFORMATION FROM SEBI IN MATTER OF GDR ISSUES OF CAT TECHNOLOGIES LTD.

DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONS IN ANNUAL REPORT VIOLATING CLAUSE 32 OF LISTNG AGREEMENT READ WITH SECTION 21 OF SCRA ACT, 1956

IMPOSED PENALTY RS.12,15,00,000

28-APR-2021

SEBI VIDE ITS ORDER DATED 10/03/2026 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS, MUTUAL FUNDS FOLIOS AND/OR POST OFFICE ACCOUNT 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 21/04/2026 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.19,44,80,890.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG

SAT: SAT VIDE ITS ORDER DATED 22/07/2026 DISMISSED THE APPEAL. NO COSTS

SEBI VIDE ITS ORDER DATED 27/07/2026 A) PROHIBITED FROM DISPOSING, TRANSFERRING, ALIENATING OR CHARGING IN RESPECT OF ALL THE IMMOVABLE AND MOVABLE PROPERTIES LISTED IN THE ORDER B) PROHIBITED FROM TAKING ANY BENEFIT UNDER SUCH DISPOSAL, TRANSFER, ALIENATION OR CHARGE IN RESPECT OF THE PROPERTIES LISTED IN ORDER C) DIRECTED TO FURNISH COMPLETE DETAILS OF ALL MOVABLE AND IMMOVABLE PROPERTIES HELD BY DEFAULTERS AND CHARGES, IF ANY, ALONG WITH ORIGINAL TITLE DEEDS PERTAINING TO THE PROPERTIES, WITHIN TWO WEEKS FROM DATE OF THIS ORDER AT SEBI, SOUTHERN REGIONAL OFFICE, CHENNAI D) DEFAULTERS AND THE INSPECTOR GENERAL OF REGISTRATION IN THE STATE OF TELANGANA E) NOT TO ACT UPON ANY DOCUMENTS PURPORTING TO BE DEALING WITH TRANSFER, MORTGAGE, CHARGE, LEASE OR CREATION OR ALTERATION OF ANY INTEREST IN ANY OF THE PROPERTIES OWNED / HELD BY THE DEFAULTER, INCLUDING THE SAID PROPERTIES, IF PRESENTED FOR REGISTRATION

246

CENTURY AGROS PVT.LTD.

(PAN:AABCC5773G)

AIDED AND ABETTED RANA SUGARS LTD. AND ITS PROMOTERS/DIRECTORS TO SIPHONING OFF/DIVERSION OF FUNDS FROM RANA SUGARS LTD. VIOLATING SECTIONS 12A(B) AND 12A (C) OF SEBI ACT, 1992 AND REGULATIONS 3(C) AND 3(D) READ WITH 4(1), 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RANA SUGAR LTD.

SAT: SAT VIDE ITS ORDER DATED 06/01/2025 GRANTED APPELLANTS A WEEK�S TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 15/01/2025 ALLOWED THE EXEMPTION APPLICATION AND GRANTED EARLIER INTERIM PROTECTION TO BE CONTINUE TILL NEXT DATE OF HEARING

SAT: SAT VIDE ITS ORDER DATED 30/01/2025 GRANTED RESPONDENT FOUR WEEKS TO FILE REPLY AND REJOINDER, IF ANY, BE FILED WITHIN TWO WEEKS THEREAFTER

SAT: SAT VIDE ITS ORDER DATED 06/03/2025 DIRECTED SEBI TO FILE REPLY WITHIN FOUR WEEKS AND REJOINDER, IF ANY, TO BE FILED TWO WEEKS THEREAFTER. IN THE MEANWHILE, SEBI NOT TO INITIATE ANY COERCIVE ACTION AGAINST APPELLANTS

SAT: SAT VIDE ITS ORDER DATED 11/06/2025 CONDONED THE DELAY IN FILING OF REPLY AND GRANTED APPELLANT THREE WEEKS TO FILE REJOINDER

247

CEREBRA INTEGRATED TECHNOLOGIES LTD.

(PAN:AAACC5941K)

H.S.VENKATESH

PAN:AAHPV2269D

KISHAN S.RAO

PAN:ARXPK0976D

248

CEREBRA INTEGRATED TECHNOLOGIES LTD.

(PAN:AAACC5941K)

INDULGED IN MISUTILISATION/ DIVERSION/ MISAPPROPRIATION OF FUNDS AND MISLEADING FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1), 4(2)(E), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003

INDULGED IN MISUTILISATION/ DIVERSION/ MISAPPROPRIATION OF FUNDS AND MISLEADING FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1), 4(2), 33(1), 34(3) AND 48 OF SEBI (LORD) REGULATIONS, 2015

DID NOT OBTAIN PRIOR APPROVAL FROM AUDIT COMMITTEE AND SHAREHOLDERS FOR RELATED PARTY TRANSACTIONS VIOLATING REGULATIONS 23(2), 23(4), 23(9) AND 30 OF SEBI (LORD) REGULATIONS, 2015 READ WITH SEBI CIRCULAR NO. CIR/CFD/ CMD/13/2015 DATED 30/11/2015

DID NOT PROVIDE INFORMATION/DOCUMENTS SOUGHT VIDE SUMMONS

SAT: SAT VIDE ITS ORDER DATED 28/04/2025 CONDONED THE DELAY OF 1 DAY IN FILING OF APPEAL. STAYED RECOVERY SUBJECT TO DEPOSIT 50% PENALTY AMOUNT WITH RESPONDENT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER AND GRANTED RESPONDENT TEN DAYS TO FILE REPLY

SAT: SAT VIDE ITS ORDER DATED 09/05/2025 GRANTED APPELLANT TWO WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 08/08/2025 GRANTED RESPONDENT SIX WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER. SEBI TO FILE A SHORT REPLY WITH REGARD TO PROPOSED INVESTORS WITHIN TWO WEEKS FROM DATE OF THIS ORDER

SAT: SAT VIDE ITS ORDER DATED 06/10/2025 DIRECTED TO I) UPHELD THE ALL THE DIRECTIONS QUA APPELLANT IN PARA 22 OF THE IMPUGNED ORDER EXCEPT ACCESSING THE SECURITIES MARKET FOR LIMITED PURPOSE OF PERMITTING APPELLANT TO ISSUE FRESH EQUITY SHARES TO PROSPECTIVE INVESTORS II) FRESH EQUITY INVESTMENT TO REMAIN LOCKED-IN FOR 18 MONTHS FROM THE DATE OF ISSUE III) ALLOWED APPELLANT? PRAYER TO PERMIT PROSPECTIVE INVESTORS TO UNDERTAKE TO DEPOSIT RS.50 CRORE BY WAY OF LOAN TO APPELLANT PRIOR TO THE ISSUANCE OF EQUITY SHARES. APPEAL DISPOSED OF WITH LIBERTY TO PAY PENALTY AMOUNT WITHIN SIX WEEKS FROM THE DATE OF THIS ORDER

SEBI VIDE ITS NOTICE DATED 26/12/2025 DIRECTED TO PAY RS.22,41,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SEBI VIDE ITS ORDER DATED 07/04/2026 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS, MUTUAL FUNDS FOLIOS AND/OR POST OFFICE ACCOUNT 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 15/06/2026 UPHELD SEBI FINDING AND GRANTED FOUR WEEKS TO DEPOSIT INTEREST AMOUNT. NO COSTS

249

CEREBRA INTEGRATED TECHNOLOGIES LTD.

(PAN:AAACC5941K)

VENKATRAMAN RANGANATHAN

PAN:ABOPR2170F

VISHWAMURTHY PHALANETRA

PAN:AANPV2162M

INDULGED IN MISUTILISATION/ DIVERSION/ MISAPPROPRIATION OF FUNDS AND PUBLISED OF MANIPULATED/ MISREPRESENTED/MISSTATED FINANCIAL STATEMENTS VIOLATING SECTION 27(1) OF SEBI ACT. 1992 AND REGULATIONS 4(1), 4(2)(E), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI(PFUTP) REGULATIONS, 2003IN MATTER OF CEREBRA INTEGRATED TECHNOLOGY LTD.

CERTIFIED FALSE AND MISLEADING FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF CEREBRA INTEGRATED TECHNOLOGY LTD.

INDULGED IN MISUTILISATION/ DIVERSION/ MISAPPROPRIATION OF FUNDS AND PUBLISED OF MANIPULATED/ MISREPRESENTED/MISSTATED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(6) 4(2)(F)(II)(7), 4(2)(F)(III)(1), 4(2)(F)(III)(3), 4(2)(F)(III)(6), 4(2)(F)(III)(7) AND 4(2)(F)(III) (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF CEREBRA INTEGRATED TECHNOLOGY LTD.

250

CG POWER & INDUSTRIAL SOLUTIONS LTD.

(PAN:AAACC3840K)

B.HARIHARAN

PAN:ADXPB2158A

MADHAV ACHARYA

PAN:ABOPA4250D

V.R.VENKATESH

PAN:AAKPV9947M

INDULGED IN MIS-STATEMENT OF ACCOUNTS AND DIVERSION OF FUNDS FROM LISTED COMPANY AND/OR ITS SUBSIDIARIES/ASSOCIATES VIOLATING SECTIONS 12A (A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D) AND 4(2)(F) & (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF CG POWER & INDUSTRIAL SOLUTIONS LTD.

DID NOT MAKE DISCLOSURE OF INFORMATION VIOLATING OF REGULATIONS 4(2)(F)(I)-(II), 4(2)(F)(III)(3) AND (6) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF CG POWER & INDUSTRIAL SOLUTIONS LTD.

DID NOT ADHERE TO CODE OF CONDUCT OF BOARD OF DIRECTORS AND SENIOR MANAGEMENT ON ANNUAL BASIS VIOLATING OF REGULATION 26(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF CG POWER & INDUSTRIAL SOLUTIONS LTD.

DID NOT SUBMIT FINANCIAL RESULT VIOLATING REGULATION 33(2)(A) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF CG POWER & INDUSTRIAL SOLUTIONS LTD.

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 17-SEP-2019 TO 16-MAR-2023

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

RESTRAINED FROM ASSOCIATING WITH ANY INTERMEDIARY REGISTERED WITH SEBI OR ANY LISTED ENTITY OR ITS MATERIAL UNLISTED SUBSIDIARY FROM 17-SEP-2019 TO 16-MAR-2023

PERMITTED BSE AND NSE TO ALLOW SQUARE OFF EXISTING OPEN POSITIONS IN FUTURES & OPTIONS SEGMENT, IF ANY, IMMEDIATELY AND DIRECTED CONCERNED STOCK EXCHANGES TO ENSURE THAT NO FRESH POSITIONS ARE CREATED

IMPOSED PENALTY RS.5,00,00,000

17-SEP-2019

251

CG POWER & INDUSTRIAL SOLUTIONS LTD.

(PAN:AAACC3840K)

GAUTAM THAPAR

PAN:ABNPT6298B

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 17-SEP-2019 TO 16-SEP-2024

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

RESTRAINED FROM ASSOCIATING WITH ANY INTERMEDIARY REGISTERED WITH SEBI OR ANY LISTED ENTITY OR ITS MATERIAL UNLISTED SUBSIDIARY FROM 17-SEP-2019 TO 16-SEP-2024

PERMITTED BSE AND NSE TO ALLOW SQUARE OFF EXISTING OPEN POSITIONS IN FUTURES & OPTIONS SEGMENT, IF ANY, IMMEDIATELY AND DIRECTED CONCERNED STOCK EXCHANGES TO ENSURE THAT NO FRESH POSITIONS ARE CREATED

IMPOSED PENALTY RS.50,00,00,000

17-SEP-2019

252

CG POWER & INDUSTRIAL SOLUTIONS LTD.

(PAN:AAACC3840K)

DIRECTED TO TAKE ALL NECESSARY STEPS TO RECOVER THE AMOUNTS DUE TO COMPANY, WHICH WERE EXTENDED, EITHER DIRECTLY OR INDIRECTLY ALONG WITH DUE INTEREST AND TAKE NECESSARY ACTION, INCLUDING LEGAL ACTIONS, TO SAFEGUARD OF INVESTORS

DIRECTED BSE TO APPOINT INDEPENDENT AUDITOR/AUDIT FIRM TO CONDUCT DETAILED FORENSIC AUDIT OF BOOKS OF ACCOUNTS OF CG POWER & INDUSTRIAL SOLUTIONS LTD.FOR F.Y.2015-16 ONWARDS TILL DATE

17-SEP-2019

SAT: SAT VIDE ITS ORDER DATED 18/02/2020 ALLOWED THE APPLICATION AND DIRECTED SEBI TO PASS CONFIRMATORY ORDER ON OR BEFORE 10/03/2010

SEBI VIDE ITS ORDER DATED 11/03/2020 DIRECTED TO TAKE ALL NECESSARY STEPS TO RECOVER AMOUNTS DUE TO COMPANY, WHICH WERE EXTENDED, EITHER DIRECTLY OR INDIRECTLY, TO NOTICEES/ENTITIES ALONG WITH DUE INTEREST EXPEDITIOUSLY AND TAKE NECESSARY ACTION, INCLUDING LEGAL ACTIONS, TO SAFEGUARD THE INTEREST OF INVESTORS OF COMPANY

SAT: SAT VIDE ITS ORDER DATED 06/04/2021 DISMISSED THE APPEAL AND DIRECTED TO DISCONTINUE RESTRAIN ORDER DATED 17/09/2019

SAT: SAT VIDE ITS ORDER DATED 10/05/2021 ALLOWED THE APPLICATIONS AND DIRECTED SEBI TO ISSUE SCN ON OR BEFORE 25/05/2021

SEBI VIDE ITS ORDER DATED 23/02/2022 ALLOWED THE EXPENSES WITHOUT PREJUDICE TO THE DIRECTION TO THE APPLICANT TO RETAIN FUND/OTHER ASSETS, AS GIVEN IN EX-PARTE ORDER DATED 17/09/2019

SEBI VIDE ITS ORDER DATED 04/10/2022 DIRECTED CONTINUE TO TAKE ALL NECESSARY STEPS TO RECOVER THE AMOUNTS DUE TO COMPANY AS DIRECTED IN INTERIM ORDER DATED 17/09/2019 AND CONFIRMATORY ORDER DATED 11/03/2020

SAT: SAT VIDE ITS ORDER DATED 30/11/2022 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED THREE WEEKS THEREAFTER

SAT: SAT VIDE ITS ORDER DATED 23/01/2023 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 27/02/2023 CONDONED THE DELAY IN FILING OF REJOINDER REPLY BY RESPONDENT. EFFECT AND OPERATION OF IMPUGNED ORDER TO REMAIN STAYED AND APPELLANT TO DEPOSITS 50% OF PENALTY AMOUNT WITHIN THREE WEEKS FROM DATE OF THIS ORDER. IF AMOUNT DEPOSITED, BALANCE AMOUNT NOT TO BE RECOVERED DURING PENDENCY OF THE APPEAL

253

CHAMUNDA ENTERPRISE

(PAN:ALAPC6731H)

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 ASTER SILICATES LTD.

RESTRAINED FROM ACCESSING SECURITIES MARKET INCLUDING BY ISSUING PROSPECTUS, OFFER DOCUMENT OR ADVERTISEMENT SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 28-APR-2022 TO 27-APR-2027

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 28-APR-2022 TO 27-APR-2027

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 28-APR-2022 TO 27-APR-2027

28-APR-2022

254

CHAMUNDA ENTERPRISE

(PAN:ALAPC6731H)

DID NOT UTILIZE IPO PROCEEDS AS PER THE OBJECTS STATED IN THE PROSPECTUS VIOLATING SECTIONS 12(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F), (K) AND (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ASTER SILICATES LTD.. (NOW KNOWN AS SHRI ASTER SILICATES LTD.)

IMPOSED PENALTY RS.1,00,000

30-JUN-2022

SEBI VIDE ITS NOTICE DATED 19/10/2022 DIRECTED TO PAY RS.1,06,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SEBI VIDE ITS NOTICE DATED 20/12/2022 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 NOTICE DATED 19/01/2024 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.1,20,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG

255

CHANDRIMA MERCANTILES LTD.

(PAN:AABCC1666J)

ANKIT AJITBHAI PANCHAL

PAN:ECSPP4637J

BABUBHAI BHIKHAJI GODHA

PAN:BALPG5393L

HARDIK HIMMATBHAI MUNJPARA

PAN:AULPM8809N

JAGDISH CHHANABHAI VAGHELA

PAN:AFPPV2562Q

JIGNESHKUMAR PURSHOTTAMDAS PATEL

PAN:AQEPP8019J

KUNTAL JITENDRA TRIVEDI

PAN:AKNPT2945A

MANISH JETHABHAI BHASKAR

PAN:DHEPB7576N

NARMADABEN PRAVINBHAI PARMAR

PAN:DQEPP6650L

NAYAN MAHENDRABHAI THAKKAR

PAN:BYHPT2277A

NITINKUMAR LALJI BHAI BHARVAD

PAN:DWAPB3135C

PARTH RAJANIKANT PANDYA

PAN:FGMPP6491K

PRANAV KAMLESHKUMAR TRIVEDI

PAN:AWQPT8856R

PRAVINBHAI LAKHABHAI PARMAR

PAN:DQEPP6651M

ROHIT BAIRWA

PAN:ELYPB0179Q

SAGARKUMAR PRAVINCHANDRA DATANIYA

PAN:BJIPD7414F

SHVETALBEN SAGARBHAI DATANIYA

PAN:CQGPD5278K

USHA DEVI

PAN:AEXPU5745D

INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR TRADING IN THE SCRIP OF QUASAR INDIA LTD.

IMPOSED PENALTY RS.2,50,00,000 ALONG WITH OTHER ENTITIES/PERSONS

31-OCT-2025

SEBI VIDE ITS NOTICE DATED 11/06/2026 DIRECTED TO PAY RS.2,70,01,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SEBI VIDE ITS ORDER DATED 29/06/2026 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS, MUTUAL FUNDS FOLIOS AND/OR POST OFFICE ACCOUNT 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 30/07/2026 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.2,72,51,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEES TO SEBI BY WAY OF EFT/NEFT/RTG

SAT: SAT VIDE ITS ORDER DATED 03/08/2026 ALLOWED APPELLANT TWO WEEKS TO FILE REJOINDER AND STAYED RECOVERY SUBJECT TO DEPOSIT OF RS.25 LAC WITHIN TWO WEEKS FROM DATE OF THIS ORDER

SEBI VIDE ITS NOTICE DATED 25/08/2026 ALLOWED THE APPEAL AND DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 29/06/2026

256

CHANNEL NINE ENTERTAINMENT LTD.

(PAN:AABCC8801H)

GAJRAJ SINGH

PAN:BEKPS1235N

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), 4(1), 4(2)(A) AND 4(2)(E) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF IPO OF CHANNEL NINE ENTERTAINMENT LTD.

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 03-MAR-2021 TO 02-MAR-2023

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 03-MAR-2021 TO 02-MAR-2023

RESTRAINED FROM ACCESSING SECURITIES MARKET INCLUDING BY ISSUING PROSPECTUS, OFFER DOCUMENT OR ADVERTISEMENT SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 03-MAR-2021 TO 02-MAR-2023

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

DIRECTED TO REFUND MONEY TO THE INVESTORS

DIRECTED TO MAKE REFUND THROUGH BANKING CHANNELS SUCH AS DEMAND DRAFT AND/OR PAY ORDER AND/OR ELECTRONIC MODE OF TRANSFER

RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM FROM 03-MAR-2021 TO 02-MAR-2023

DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY

DIRECTED TO FILE CERTIFICATE OF COMPLETION OF PROCESS WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS

RESTRAINED FROM ASSOCIATED WITH ANY LISTED COMPANY AND ANY PUBLIC COMPANY AS DIRECTORS/PROMOTERS WHICH INTENDS TO RAISE MONEY FROM THE PUBLIC AND/OR ANY INTERMEDIARY WITH SEBI FROM 03-MAR-2021 TO 02-MAR-2023

29-JUN-2015

SAT: SAT VIDE ITS ORDER DATED 02/08/2016 DISPOSED OF ALL THE APPEALS AS ALSO MISC. APPLICATIONS AS WITHDRAWN WITH DIRECTION TO BSE TO PERMIT THE APPELANTS TO MAKE SUBMISSIONS ON ALL ISSUES RELATING TO IMPUGNED ORDER DATED 05/08/2015 INCLUDING THE ISSUE RELATING TO CONTINUANCE OF COMPULSORY MARKET MAKING AND THEREAFTER PASS APPROPRIATE ORDER THEREON. NO COSTS

SEBI VIDE ITS ORDER DATED 25/08/2016 CONFIRMED ITS DIRECTIONS ISSUED VIDE ITS AD INTERIM EX-PARTE ORDER DATED 29/06/2015 READ WITH CORRIGENDUM ORDER DATED 04/01/2016 EXCEPT THAT NOTICEES CAN: A) ENTER INTO DELIVERY BASED TRANSACTIONS IN CASH SEGMENT IN SECURITIES COVERED IN NSE NIFTY 500 INDEX SCRIPS AND / OR S&P BSE 500 SCRIPS B) SUBSCRIBE TO UNITS OF MUTUAL FUNDS INCLUDING THROUGH SIP AND REDEEM THE UNITS OF MUTUAL FUNDS SO SUBSCRIBED C) DEAL IN DEBT/GOVERNMENT SECURITIES D) INVEST IN ETF E) AVAIL THE BENEFITS OF CORPORATE ACTIONS LIKE RIGHTS ISSUE, BONUS ISSUE, STOCK SPLIT, DIVIDEND, ETC. F) TENDER THE SHARES LYING IN THEIR DEMAT ACCOUNT IN ANY OPEN OFFER/DELISTING OFFER UNDER THE RELEVANT REGULATIONS OF SEBI. SEBI ALLOWED THEM FURTHER RELAXATIONS/RELIEFS A) THEY ARE PERMITTED TO SELL THE SECURITIES LYING IN THEIR DEMAT ACCOUNTS AS ON THE DATE OF THE INTERIM ORDER, OTHER THAN THE SHARES OF THE COMPANIES WHICH ARE SUSPENDED FROM TRADING BY THE CONCERNED STOCK EXCHANGE AND THE SHARES OF THE FOUR SCRIPS IN THE SME SEGMENT COVERED UNDER THIS ORDER, IN ORDERLY MANNER UNDER THE SUPERVISION OF THE STOCK EXCHANGES SO AS NOT TO DISTURB THE MARKET EQUILIBRIUM AND DEPOSIT THE SALE PROCEEDS IN INTEREST BEARING ESCROW ACCOUNT WITH A NATIONALIZED BANK B) THEY MAY DEAL WITH OR UTILIZE THE SALE PROCEEDS LYING IN THE ESCROW ACCOUNT UNDER THE SUPERVISION OF THE CONCERNED STOCK EXCHANGE

SEBI VIDE ITS ORDER DATED 22/12/2020 DIRECTED TO A) RESTRAINED FROM ACCESSING SECURITIES MARKET INCLUDING BY ISSUING ANY PROSPECTUS, OFFER DOCUMENT OR ADVERTISEMENT SOLICITING MONEY FROM THE PUBLIC IN ANY MANNER FOR PERIOD OF EIGHT YEARS B) RESTRAINT THE EXISTING HOLDING OF SECURITIES INCLUDING THE UNITS OF MUTUAL FUNDS REMAIN UNDER FREEZE

SEBI VIDE ITS ORDER DATED 03/03/2021 DIRECTED TO A) JOINTLY AND SEVERALLY REFUND THE MONEY COLLECTED THROUGH OFFER AND ALLOTMENT OF EQUITY SHARES WITH INTEREST @ 15% P.A. TILL DATE OF ACTUAL PAYMENT THROUGH BANK DEMAND DRAFT OR PAY ORDER B) PREVENTED FROM SELLING THE ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES IN DEMAT AND PHYSICAL FORM EXCEPT FOR THE SOLE PURPOSE OF MAKING THE REFUNDS AS DIRECTED AND DEPOSIT THE PROCEEDS IN AN ESCROW ACCOUNT OPENED WITH A NATIONALISED BANK C) ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES (ONE ENGLISH AND ONE HINDI) AND IN ONE LOCAL DAILY WITH WIDE CIRCULATION, DETAILING THE MODALITIES FOR REFUND D) FILE A CERTIFICATE OF SUCH COMPLETION WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTS WHO ARE IN THE PANEL OF ANY PUBLIC AUTHORITY OR PUBLIC INSTITUTION E) DIRECTED NOT TO, DIRECTLY OR INDIRECTLY, ACCESS THE SECURITIES MARKET BY ISSUING PROSPECTUS, OFFER DOCUMENT OR ADVERTISEMENT SOLICITING MONEY FROM PUBLIC AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY IN WHATSOEVER MANNER, FOR A PERIOD OF FOUR (4) YEARS TILL THE COMPLETION OF REFUND TO INVESTORS F) RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC OR ANY INTERMEDIARY REGISTERED WITH SEBI FOR A PERIOD OF 2 (TWO) YEARS FROM THE DATE OF THIS ORDER TILL THE COMPLETION OF REFUNDS TO INVESTORS

SEBI VIDE ITS NOTICE DATED 03/02/2023 DIRECTED TO PAY RS.1,91,00,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SEBI VIDE ITS ORDER DATED 20/02/2023 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

SEBI VIDE ITS ORDER DATED 22/03/2023 DIRECTED ALL THE BANKS TO REMIT RS.1,91,00,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF CHANNEL NINE ENTERTAINMENT LTD.AND MR.GAJ RAJ SINGH TO SEBI BY WAY OF EFT/NEFT/RTGS

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

SAT: SAT VIDE ITS ORDER DATED 10/08/2023 PARTLY ALLOWED THE APPEAL BY QUASHING THE DIRECTION TO APPELLANTS TO REFUND MONEY COLLECTED THROUGH PREFERENTIAL ALLOTMENT. AFFIRMED THE DIRECTIONS DEBARRING THE APPELLANTS FROM ACCESSING SECURITIES MARKET ETC.

SEBI VIDE ITS NOTICE DATED 16/08/2023 ALLOWED THE APPEAL AND DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 20/02/2023

SEBI VIDE ITS NOTICE DATED 17/08/2023 CANCELLED RECOVERY CERTIFICATE AS PER SAT ORDER DATED 10/08/2023

257

CHANNEL NINE ENTERTAINMENT LTD.

(PAN:AABCC8801H)

KIRTI

PAN:BBAPK7304P

NEENA SOOD

PAN:AUGPS4373N

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 03-MAR-2021 TO 02-MAR-2022

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 03-MAR-2021 TO 02-MAR-2022

PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 03-MAR-2021 TO 02-MAR-2022

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 03-MAR-2021 TO 02-MAR-2022

RESTRAINED FROM ASSOCIATED WITH ANY LISTED COMPANY AND ANY PUBLIC COMPANY AS DIRECTORS/PROMOTERS WHICH INTENDS TO RAISE MONEY FROM THE PUBLIC AND/OR ANY INTERMEDIARY WITH SEBI FROM 03-MAR-2021 TO 02-MAR-2022

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

29-JUN-2015

258

CHANNEL NINE ENTERTAINMENT LTD.

(PAN:AABCC8801H)

GAJRAJ SINGH

PAN:BEKPS1235N

KIRTI

PAN:BBAPK7304P

INDULGED IN EMPLOYED A SCHEME WITH THE HELP OF FUNDING GROUP ENTITIES TO GET LISTING ON THE STOCK EXCHANGES VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D), 4(1), 4(2)(C), (F), (K) AND 4(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF IPO OF CHANNEL NINE ENTERTAINMENT LTD.

GAVE FALSE AND MISLEADING INFORMATION OF OBJECTS OF THE IPO AND DID NOT MAKE DISCLOSURE OF LOAN TAKEN BY THE COMPANY VIOLATING REGULATION 57(1) OF SEBI (ICDR) REGULATIONS, 2009 IN MATTER OF IPO OF CHANNEL NINE ENTERTAINMENT LTD.

IMPOSED PENALTY RS.12,00,000 ALONG WITH OTHER ENTITIES/PERSONS

28-FEB-2022

SAT: SAT VIDE ITS ORDER DATED 28/06/2022 CONDONED THE DELAY IN FILING OF REPLY AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER

SEBI VIDE ITS NOTICE DATED 29/08/2022 DIRECTED TO PAY RS.12,85,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SEBI VIDE ITS NOTICE DATED 23/09/2022 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 14/10/2022 DIRECTED ALL THE BANKS TO REMIT ENTIRE AMOUNT TO THE EXTENT LYING IN THE BANK AND TERM DEPOSIT ACCOUNTS OF CHANNEL NINE ENTERTAINMENT LTD. AND MR.GAJRAJ SINGH TO SEBI BY WAY OF EFT/NEFT/RTGS

SEBI VIDE ITS NOTICE DATED 05/10/2023 ALLOWED THE APPEAL AND DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 23/09/2022

SEBI VIDE ITS ORDER DATED 05/10/2023 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.5496 OF 2022 DATED 29/08/2022

259

CHATURVEDI & SHAH,M/S

(PAN:AAAFC0662N)

FACILITATED THE SCHEME OF CLEANING OF BOOKS OF ACCOUNT BY THE COMPANY AND ALLOWED TO SHOW THE FINANCIALS OF THE COMPANY AS TRUE IN ITS AUDIT REPORT FOR 2016-17 AND 2017-18 RESPECTIVELY VIOLATING SECTIONS 12(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D) TO 3(D), 4(1) AND 4(2)(F) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF CG POWER & INDUSTRIAL SOLUTIONS LTD.

IMPOSED PENALTY RS.5,00,000

20-APR-2023

SAT: SAT VIDE ITS ORDER DATED 24/07/2023 RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND REJOINDER TO BE FILED THREE WEEKS THEREAFTER. STAYED EFFECT AND OPERATION OF IMPUGNED ORDER DURING PENDENCY OF APPEAL

SAT: SAT VIDE ITS ORDER DATED 26/09/2023 ALLOWED APPELLANT TEN DAYS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 16/10/2023 CONDONED THE DELAY IN FILING OF REPLY AND REJOINDER. APPLICATIONS TAKEN ON RECORD

SAT: SAT VIDE ITS ORDER DATED 04/12/2023 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 20/04/2023

260

CHERRY COSMETICS PVT.LTD.

(PAN:AAACC4789R)

INDULGED IN FACILITATING SUBSCRIPTION OF GDRS BY VINTAGE FZE, UAE THROUGH FINANCE OBTAINED FROM EURAM BANK, AUSTRIA FOR SUBSCRIPTION OF GDR AND ISSUER COMPANIES (ASAHI), (AVON), CAT), (IKF), (K SERA) AND (MAARS) PLEDGED GDR WITH EURAM BANK VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D), 4(1) AND 4(2)(A) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ASAHI INFRASTRUCTURE & PROJECTS LTD., AVON CORP.LTD., CAT TECHNOLOGIES LTD., IKF TECHNOLOGIES LTD., K SERA SERA LTD. AND MAARS SOFTWARE INTERNATIONAL LTD.

IMPOSED PENALTY RS.5,00,000

08-JUN-2021

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

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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

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SOURCE OF INFORMATION : SECURITIES AND EXCHANGE BOARD OF INDIA WEBSITE � PRESS RELEASES/ CHAIRMAN�S AND MEMBER�S ORDERS / AO ORDERS/ SAT ORDERS/ NEWSPAPER ADSUPDATED TILL : 10-SEP-2026

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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