| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 241 |
|
DB (INTERNATIONAL) STOCK BROKERS LTD.
(CIN:L67120HR1992PLC035349
PAN:AAACD0852G)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL VOLUME THROUGH REVERSAL OF TRADE TRANSACTIONS IN ILLIQUID STOCK OPTIONS AT BSE
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.2,00,000 VIDE CONSENT ORDER)
14-MAR-2023
|
|
| 242 |
|
|
DBS CHOLAMANDALAM SECURITIES LTD.
(Member : NSE/BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR/SYNCHRONIZED/SELF/CROSS TRADES IN SCRIP OF RICHA INDUSTRIES 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 REGULATION 7 READ WITH CLAUSES A (1) TO A (5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF RICHA INDUSTRIES LTD.
|
IMPOSED PENALTY RS.2,00,000
19-MAY-2015
|
SAT: SAT VIDE ITS ORDER DATED 10/09/2015 PERMITTED APPLICANT TO DEPOSIT PENALTY AMOUNT OF RS.7 LACS WITH SEBI WITHIN ONE WEEK FROM THE DATE OF THIS ORDER. ON DEPOSIT OF THIS AMOUNT WITHIN STIPULATED TIME THEN THE OPERATION OF THE ORDER IMPUGNED IN APPEAL SHALL STAND STAYED
SAT: SAT VIDE ITS ORDER DATED 22/06/2016 QUASHED IMPUGNED ORDER DATED 19/05/2015 AND RESTORE THE MATTER TO THE FILE OF AO FOR FRESH DECISION ON MERITS AND IN ACCORDANCE WITH LAW. NO COSTS
SEBI VIDE ITS ORDER DATED 30/04/2020 RE-IMPOSED PENALTY OF RS.2.00 LACS U/S 15B OF SEBI ACT
|
| 243 |
|
|
DEALMONEY SECURITIES PVT.LTD.
(PAN:AACCD2614A)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL VOLUME THROUGH REVERSAL OF TRADE TRANSACTIONS IN ILLIQUID STOCK OPTIONS AT BSE
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,00,000 VIDE CONSENT ORDER)
14-MAR-2023
|
|
| 244 |
|
|
DEEP STOCKBROKING PVT.LTD.
(Member : NSE)
|
|
|
ALLEGED INDULGENCE IN PRICE MANIPULATION IN SCRIPS OF ETP CORP.LTD.,E-STAR INFOTECH LTD., SMR UNIVERSAL SOFTECH LTD.,ACCURATE EXPORTS LTD.,BLUE COAST HOTELS & RESORTS PVT.LTD.,BIRMINGHAM THERMOTECH LTD.,SOMPLAST LEATHER INDUSTRIES LTD.,GENUS COMMU-TRADE LTD.,SOUNDCRAFT INDUSTRIES LTD.,TOP MEDIA ENTERTAINMENT LTD. AND UNIVERSAL MEDIA NETWORK LTD
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.50,000 VIDE CONSENT ORDER)
22-SEP-2008
|
|
| 245 |
|
|
DEEP STOCKBROKING PVT.LTD.
(Member : NSE)
|
|
|
ALLEGED INDULGENCE IN IRREGULAR TRANSACTIONS IN SCRIP OF WELLWORTH OVERSEAS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.50,000 VIDE CONSENT ORDER)
06-MAR-2009
|
|
| 246 |
|
|
DEEPAK JHUNJHUNWALA & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF RADIANT FINANCIAL SERVICES LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
26-JUL-2010
|
|
| 247 |
|
|
DEEPAK JHUNJHUNWALA & CO.
(Member : CSE)
|
|
|
VIOLATED CODE OF CONDUCT AS PRESCRIBED UNDER STOCK BROKER REGULATIONS
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE IN SCRIP OF GLOBE STOCKS & SECURITIES LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF GLOBE STOCKS & SECURITIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-APR-2007 TO 18-OCT-2007
29-MAR-2007
|
|
| 248 |
|
|
DELHI SECURITIES LTD.
(Member : DSE)
|
|
|
INDULGED IN PRICE MANIPULATION AND CREATION OF ARTIFICIAL MARKET IN SCRIP OF SHONKH TECHNOLOGIES INTERNATIONAL LTD.
VIOLATED SEBI CODE OF CONDUCT
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 14-JUN-2007 TO 13-AUG-2007
24-MAY-2007
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 24/05/2007 SET ASIDE WITH PARTIES TO BEAR THEIR OWN COSTS
|
| 249 |
|
|
DEV STOCK BROKING SERVICES LTD.
(Member : ASE)
|
|
|
INDULGED IN PRICE MANIPULATION IN SCRIP OF INFOQUEST SOFTWARE LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-SEP-2002 TO 29-MAR-2003
16-SEP-2002
|
|
| 250 |
|
|
DEVARISHI BHARGAVA,M/S
(Member : CSE)
|
|
|
|
DEVARISHI BHARGAVA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF BLUE PRINT SECURITIES LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(4) AND B(4) (A) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF BLUE PRINT SECURITIES LTD.
|
IMPOSED PENALTY RS.4,00,000
16-FEB-2010
|
|
| 251 |
|
|
DG GOENKA EQUITIES PVT.LTD.
(PAN:AABCD1447Q)
(Member : BSE)
|
|
|
|
YOGESH KEDIA
|
|
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
|
| 252 |
|
|
DGP SECURITIES LTD.
(PAN:AABCS4946F)
(Member : NSE)
|
|
|
|
MUKUND BERIWALA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF SURYA ROSHNI LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 20-OCT-2004 TO 19-NOV-2004
30-SEP-2004
|
SAT: IMPUGNED ORDER UPHELD W.E.F. 28TH AUGUST, 2006
|
| 253 |
|
|
DGP SECURITIES LTD.
(PAN:AABCS4946F)
(Member : NSE)
|
|
|
IN THE CASE OF SOUNDCRAFT INDUSTRIES LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
15-JUL-2002
|
|
| 254 |
|
|
DGP SECURITIES LTD.
(PAN:AABCS4946F)
(Member : NSE)
|
|
|
|
K.C.GUPTE
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET THROUGH SYNCHRONIZED AND FICTITIOUS DEALS IN SCRIPS OF RAVALGAON SUGAR FARMS LTD.,SHRENUJ & CO.LTD. AND JAGSONPAL PHARMACEUTICALS LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 25-SEP-2008 TO 24-OCT-2008
25-SEP-2008
|
|
| 255 |
|
|
DGP SECURITIES LTD.
(PAN:AABCS4946F)
(Member : NSE)
|
|
|
CREATED ARTIFICIAL MARKETS IN SCRIP OF ROOFIT INDUSTRIES LTD.
USED EXCHANGE MECHANISM IN ORDER TO MEET FINANCIAL OBLIGATIONS
DID NOT EXERCISE DUE CARE AND DILIGENCE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 08-NOV-2004 TO 07-JAN-2005
18-OCT-2004
|
SAT: IMPUGNED ORDER MODIFIED BY REDUCING PERIOD OF SUSPENSION FROM 2 MONTHS TO 1 MONTH W.E.F. 28TH AUGUST, 2006
|
| 256 |
|
|
DHAN STOCK & SHARE BROKERS PVT.LTD.
(PAN:AABCD2039A)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL VOLUME THROUGH REVERSAL OF TRADE TRANSACTIONS IN ILLIQUID STOCK OPTIONS AT BSE
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,00,000 VIDE CONSENT ORDER)
14-MAR-2023
|
|
| 257 |
|
|
DIGITAL LEASING & FINANCE LTD.
(Member : NSE)
|
|
|
INDULGED IN MANIPULATION IN SCRIPS OF BPL, VIDEOCON AND STERLITE
DEALT FOR GROUP FOR WHICH DID NOT HAVE ANY PROFESSIONAL EXPERTISE IN THE SECURITIES MARKET AND FINANCIAL SOUNDNESS TO DEAL AT SUCH A LARGE SCALE
DID NOT COLLECT MARGINS FROM CLIENTS
ACTED IN CONCERT WITH OTHER BROKERS TO CORNER A VERY LARGE QUANTITY OF SHARES OF BPL, VIDEOCON AND STERLITE
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIPS OF BPL LTD., VIDEOCON INTERNATIONAL LTD. AND STERLITE INDUSTRIES LTD.
MADE PURCHASES WHICH WERE EXCESSIVE AND BEYOND CLIENT'S MEANS & FINANCIAL RESOURCES
DID NOT REPORT SPOT TRANSACTIONS TO THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 10-JUN-1998 TO 09-JUN-2001
31-JAN-2000
|
|
| 258 |
|
|
DIGITAL LEASING & FINANCE LTD.
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIPS OF BPL LTD., VIDEOCON INTERNATIONAL LTD. AND STERLITE INDUSTRIES LTD.
|
DEBARRED FROM UNDERTAKING FRESH BUSINESS AS STOCK BROKER FROM 04-NOV-1998
30-OCT-1998
|
|
| 259 |
|
|
DILIP K.BHANDARI,M/S
(Member : MPSE)
|
|
|
|
DILIP K.BHANDARI
|
|
DID NOT EXERCISE DUE SKILL AND CARE IN MATTER OF EONOUR TECHNOLOGIES LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF EONOUR TECHNOLOGIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 18-NOV-2003 TO 17-MAR-2004
29-OCT-2003
|
|
| 260 |
|
|
DIMENSIONAL SECURITIES PVT.LTD.
(PAN:AABCD1804D)
(Member : BSE/NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SOFTBPO GLOBAL SERVICES LTD.
|
IMPOSED PENALTY RS.2,00,000
18-SEP-2008
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER SET ASIDE WITH NO ORDER AS TO COSTS
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 13 of 62
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