| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 241 |
|
HEENA KHURANA
(PAN:BSUPK1333H)
|
|
|
|
JALAN CEMENT WORKS LTD.
CIN:L65923WB1972PLC028322
PAN:AAACJ6788R
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JALAN CEMENT WORKS LTD. (NOW KNOWN AS AASHRIT CAPITAL LTD.)& SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II), (6), (7), 4(2)(F)(III)(2), (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF JALAN CEMENT WORKS LTD. (NOW KNOWN AS AASHRIT CAPITAL 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 11-MAY-2022 TO 10-NOV-2022
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
IMPOSED PENALTY RS.2,00,000
11-MAY-2022
|
SAT: SAT VIDE ITS ORDER DATED 13/06/2022 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND APPELLANT TO FILE REJOINDER WITHIN THREE WEEKS THEREAFTER. DIRECTED THAT THE DEBARMENT ORDER AGAINST APPELLANT TO REMAIN STAYED DURING PENDENCY OF THE APPEAL AND APPELLANT TO DEPOSIT 50% OF PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER AND IF DEPOSITED, THE BALANCE AMOUNT NOT BE RECOVERED DURING PENDENCY OF THE APPEAL
SAT: SAT VIDE ITS ORDER DATED 29/07/2022 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY
SAT: SAT VIDE ITS ORDER DATED 22/08/2022 GRANTED THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 01/05/2023 CONDONED THE DELAY IN FILING OF APPEAL
|
| 242 |
|
|
HIMANSHU GARG
(PAN:BRMPG8481M)
|
|
|
|
REAL GROWTH COMMERCIAL ENTERPRISES LTD.
CIN:L70109DL1995PLC064254
PAN:AABCR8653C
|
|
DID NOT OVERSEE PROCESS OF DISCLOSURE AND COMMUNICATION BY BOARD OF DIRECTORS VIOLATING REGULATION 4(2)(F)(II)(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF REAL GROWTH COMMERCIAL ENTERPRISES LTD.
|
IMPOSED PENALTY RS.1,00,000
11-FEB-2021
|
|
| 243 |
|
|
HITEN TRIVEDI
(PAN:ABNPT2943H)
|
|
|
|
TREE HOUSE EDUCATION & ACCESSORIES LTD.
PAN:AACCT4932H
|
|
INDULGED IN MANIPULATION IN BOOKS OF ACCOUNTS, MISREPRESENTATION OF FINANCILAS AND/OR BUSINESS OPERATIONS AND WRONGFUL DIVERSIONS/SIPHONING OF FUNDES FROM THE F.Y.2011-12 IN MATTER OF TREE HOUSE EDUCATION & ACCESSORIES LTD.
INDULGED IN MANIPULATION IN BOOKS OF ACCOUNTS, MISREPRESENTATION OF FINANCILAS AND/OR BUSINESS OPERATIONS AND WRONGFUL DIVERSIONS/SIPHONING OF FUNDES FROM THE F.Y.2011-12 VIOLATING REGULATION 4(1) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 IN MATTER OF TREE HOUSE EDUCATION & ACCESSORIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 07-MAR-2018 TILL FURTHER ORDERS
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 07-MAR-2018 TILL FURTHER ORDERS
DIRECTED NSE TO APPOINT INDEPENDENT AUDITOR/AUDIT FIRM TO CONDUCT DETAILED FORENSIC AUDIT OF BOOKS OF ACCOUNTS OF TREE HOUSE FOR F.Y.2011-12 ONWARDS
07-MAR-2018
|
SAT: SAT VIDE ITS ORDER DATED 29/08/2018 GRANTED THREE WEEKS TIME TO FILE REPLIES AND WTM OF SEBI SHALL PASS CONFIRMATORY ORDER WITHIN TWO MONTHS THEREAFTER. NO COSTS
SEBI VIDE ITS ORDER DATED 16/11/2018 CONFIRMED DIRECTIONS ISSUED VIDE ITS AD-INTERIM EX-PARTE ORDER DATED 07/03/2018
SAT: SAT VIDE ITS ORDER DATED 07/11/2019 QUASHED AND SET ASIDED IMPUGNED ORDERS DATED 16/11/2018 AND 07/03/2018 AS FAR AS THE DIRECTION OF RESTRAIN FROM DEALING IN SECURITIES MARKET IN ANY MANNER AND UPHELD DIRECTION RELATING TO FORENSIC AUDIT. DIRECTED APPELLANTS TO EXTEND FULL COOPERATION TO ENABLE THE AUDITOR TO COMPLETE FORENSIC AUDIT. NO COSTS
|
| 244 |
|
|
HITESHKUMAR GAURISHANKAR PATEL
(PAN:ASZPP4210E)
|
|
|
|
MISHTANN FOODS LTD.
PAN:AAACH5335G
|
|
FURNISHED FALSE CERTIFICATE WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF MISHTANN FOODS LTD.
PUBLISHED FALSE AND MISLEADING FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(1), 4(2)(F)(II)(2), 4(2)(F)(II)(6), 4(2)(F)(II)(7), 4(2)(F)(II)(8), 4(2)(F)(III)(1), 4(2)(F)(III)(3), 4(2)(F)(III)(6), 4(2)(F)(III)(7), 4(2)(F)(III)(12) AND 4(2)(F)(III)(13) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF MISHTANN FOODS LTD.
INDULGED IN FICTITIOUS SALES AND PURCHASE TRANSACTIONS WITH MISHTANN FOODS LTD. VIOLATING REGULATIONS 4(1)(A) TO 4(1)(D), 4(1)(E) AND 4(1)(G) TO 4(1)(J), 4(2)(E)(I), 17(1)(B), 18(1)(A), 18(1)(B) AND 18(1)(C), 19(1), 23(2), 23(4), 23(9), 30(2) READ WITH PARA A OF SCHEDULE II, 31A(2), 33(1)(C), 34(3) READ WITH SCHEDULE V AND 48 OF SEBI (LODR) REGULATIONS, 2015
INDULGED IN FICTITIOUS SALES AND PURCHASE TRANSACTIONS WITH MISHTANN FOODS LTD. VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(E), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 AND SECTION 27(1) OF SEBI ACT, 1992
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 05-DEC-2024 UNTIL FURTHER ORDERS
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 05-DEC-2024 UNTIL FURTHER ORDERS
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 05-DEC-2024 UNTIL FURTHER ORDERS
05-DEC-2024
|
|
| 245 |
|
|
HONEY GUPTA
(PAN:ALLPG7605D)
|
|
|
|
URJA GLOBAL LTD.
PAN:AAACC0367M
|
|
DISCLOSED FALSE INFORMATION VIOLATING REGULATIONS 3(D), 4(1), 4(2)(K) AND 4(2)(R) READ WITH REGULATIONS 2(1)(B) AND 2(1)(C) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF URJA GLOBAL LTD.
DID NOT PLACE MINIMUM INFORMATION BEFORE BOARD OF DIRECTORS VIOLATING REGULATION 17(7) READ WITH SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF URJA GLOBAL LTD.
DID NOT MAINTAIN HIGH ETHICAL STANDARDS AND TO TAKE INTO ACCOUNT INTEREST OF STAKEHOLDERS VIOLATING REGULATIONS 4(2)(F)III(3), 4(2)(F) III(6), 4(2)(F) III(7), 4(2)(F) III(12) AND 4(2)(F)III(13) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF URJA GLOBAL LTD.
DID NOT EFFECTIVELY DISCHARGE THEIR OBLIGATIONS BY PLACING INCOMPLETE INFORMATION TO BOARD OF DIRECTORS VIOLATING REGULATIONS 4(2)(F)I(2), 4(2)(F)II(8), 4(2)(F)III(3), 4(2)(F)III(6), 4(2)(F)III(12) AND 4(2)(F)III(13) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF URJA GLOBAL LTD.
DID NOT MAINTAIN OPERATIONAL TRANSPARENCY AND ETHICAL STANDARDS WITHIN THE COMPANY VIOLATING REGULATION 26(3) OF SEBI (LODR) REGULATIONS, 2015 READ WITH CLAUSES A, C & H AND CLAUSES 1 TO 4 OF DUTIES OF DIRECTORS SECTION IN COMPANY’S CODE OF CONDUCT IN MATTER OF URJA GLOBAL LTD.
|
IMPOSED PENALTY RS.6,00,000
29-JAN-2025
|
SAT: SAT VIDE ITS ORDER DATED 05/05/2025 GRANTED RESPONDENT SIX WEEKS TO FILE REPLY AND REJOINDER, IF ANY, BE FILED WITHIN TWO WEEKS THEREAFTER. STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% OF PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 246 |
|
|
I.R.RAVISH
(PAN:AFMPR3820G)
(Along with : C.H.VASUNDHARA DEVI,
GIRI DEVNUR)
|
|
|
DID NOT ADHERE TO REQUIREMENTS PRESCRIBED UNDER APPLICABLE IND AS IN PREPARATION AND PRESENTATION OF FINANCIAL STATEMENTS AND DID NOT FULFIL MANDATORY DISCLOSURE OBLIGATIONS WITH RESPECT TO DECISION TO DEVIATE FROM COMPLIANCE VIOLATING REGULATIONS 4(1)(A) TO 4(1)(E), 4(1)(G) TO 4(1)(J), 4(2)(E)(I), 33(1)(C), 34(3) READ WITH CLAUSE B(2) OF SCHEDULE V AND 48 OF SEBI (LODR) REGULATIONS READ WITH SECTION 27(2) OF SEBI ACT., 1992 AND REGULATIONS 4(2)(F)(II)(7) AND (8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF COFFEE DAY ENTERPRISES LTD.
|
IMPOSED PENALTY RS.3,00,000 ALONG WITH OTHER ENTITIES/PERSONS
02-MAR-2026
|
|
| 247 |
|
|
INDER SHARMA
(PAN:AATPS0094D)
|
|
|
|
NU TEK INDIA LTD.
CIN:L74899DL1993PLC054313
PAN:AAACN2270L
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF NU TEK INDIA LTD. AND SUBSIDIARIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(A), 4(2)(E), 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF NU TEK INDIA LTD. AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF NU TEK INDIA LTD.
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF NU TEK INDIA LTD.
ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF NU TEK INDIA 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 21-DEC-2021 TO 20-DEC-2022
IMPOSED PENALTY RS.8,00,000
21-DEC-2021
|
|
| 248 |
|
|
ISHAAT HUSSAIN
(PAN:AAVPH6348F)
|
|
|
PUBLISHED INCORRECT AND MISLEADING FINANCIAL RESULTS TO STOCK EXCHANGES VIOLATING CLAUSES 49(II)(D)(1) AND 49(III)(D)(1) OF LISTING AGREEMENT (POST AMENDMENT DATED APRIL 17, 2014) READ WITH REGULATIONS 103 AND 18(3) READ WITH CLAUSE A(1) UNDER PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BOMBAY DYEING & MANUFACTURING CO.LTD.
|
IMPOSED PENALTY RS.10,00,000
31-OCT-2022
|
SAT: SAT VIDE ITS ORDER DATED 19/12/2022, DIRECTED RESPONDENT TO FILE REPLY WITHIN TWO WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED ON OR BEFORE NEXT DATE. EFFECT AND OPERATION OF IMPUGNED ORDER TO REMAIN STAYED DURING PENDENCY OF APPEAL
SAT: SAT VIDE ITS ORDER DATED 16/01/2026 ALLOWED THE APPEAL AND SET ASIDE IMPUGNED ORDER DATED 31/10/2022. PENALTY AMOUNT IF ANY, PAID BY APPELLANTS TO BE REFUNDED WITHIN FOUR WEEKS FROM DATE OF THIS ORDER. NO COSTS
SAT: SAT VIDE ITS ORDER DATED 29/01/2026 DISMISSED THE APPEAL AS WITHDRAWN
|
| 249 |
|
|
ISHITA GALA
(PAN:BFMPG9590R)
|
|
|
|
SUUMAYA INDUSTRIES LTD.
PAN:AAFCR4357R
|
|
INDULGED IN SIPHONING OFF/DIVERSION OF FUNDS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SUUMAYA INDUSTRIES LTD.
MISREPRESENTED FINANCIAL STATEMENTS AND MANIPULATED BOOKS OF ACCOUNTS VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(2)(6)(7)(8) AND 4(2)(F)(III)(1),(3),(6),(7)(12) OF SEBI (LODR) REGULATIONS, 2015 AND SECTION 21 OF SCRA, 1956 READ WITH SECTION 27(2) OF SEBI ACT, 1992 IN MATTER OF SUUMAYA INDUSTRIES LTD.
DID NOT ADHERE TO PREPARATION OF FINANCIAL STATEMENTS AS PER ACCOUNTING STANDARD VIOLATING REGULATION 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTIONS 27(1) AND 27(2) OF SEBI ACT, 1992 IN MATTER OF SUUMAYA INDUSTRIES LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 24-JAN-2025 UNTIL FURTHER ORDERS
24-JAN-2025
|
|
| 250 |
|
|
JAFFER SADIQ AMEER
(DIN:06523268
PAN:AMPPJ4894A)
|
|
|
|
INFO-DRIVE SOFTWARE LTD.
CIN:L36999TN1988PLC015475
PAN:AAACI9430R
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF (INFO-DRIVE) VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(2) (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF INFO-DRIVE SOFTWARE LTD.
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF INFO-DRIVE SOFTWARE 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 26-OCT-2021 TO 25-APR-2022
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
IMPOSED PENALTY RS.1,00,000
26-OCT-2021
|
SAT: SAT VIDE ITS ORDER DATED 11/05/2022 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 16/06/2022 ALLOWED APPELLANT FURTHER TWO WEEKS TO FILE
|
| 251 |
|
|
JAGADISH PRASAD PUROHIT
(PAN:AFSPP1444E)
|
|
|
|
JMD VENTURES LTD.
PAN:AAACA4340C
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JMD AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II) (6) & (7), 4(2)(F)(III) (1), (3), (6) AND (12) OF SEBI (LODR) REGULATION, 2015 IN MATTER OF JMD VENTURES LTD.
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF JMD VENTURES 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 14-SEP-2021 TO 13-MAR-2022
IMPOSED PENALTY RS.3,00,000
14-SEP-2021
|
SAT: SAT VIDE ITS ORDER DATED 29/10/2021 ALLOWED THE APPEAL. NO COSTS
SAT: SAT VIDE ITS ORDER DATED 20/07/2022 CONDONED THE DELAY IN FILING OF APPEAL. RESPONDENT TO FILE REPLY WITHIN THREE WEEKS. IN THE MEANWHILE, APPELLANTS TO DEPOSIT 50% OF PENALTY AMOUNT ON OR BEFORE NEXT DATE. IF AMOUNT IS DEPOSITED, BALANCE AMOUNT NOT TO BE RECOVERED DURING PENDENCY OF THE APPEAL
SAT: SAT VIDE ITS ORDER DATED 05/08/2022 GRANTED RESPONDENT TWO WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 06/09/2022 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SEBI VIDE ITS NOTICE DATED 06/05/2022 DIRECTED TO PAY RS.3,24,079.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 17/03/2023 PARTLY ALLOWED THE APPEAL BY SETTING ASIDE IMPUGNED ORDER DATED 14/09/2021 AND REDUCED THE DEBARMENT PERIOD L UNDERGONE TILL DATE
SAT VIDE ITS ORDER DATED 24/03/2023 SET ASIDE SEBI ORDER DATED 14/09/2021 AND DIRECTED TO RELEASE BANK ACCOUNTS/LOCKERS/DEMAT ACCOUNTS/MUTUAL FUNDS FOLIOS ETC.
SEBI VIDE ITS NOTICE DATED 24/03/2023 CANCELLED RECOVERY CERTIFICATE AS PER SAT ORDER DATED 17/03/2023
|
| 252 |
|
|
JAGANNATH PANDIT
(PAN:BEBPP5358E)
|
|
|
|
V.B.INDUSTRIES LTD.
CIN:L51909WB1982PLC035222
PAN:AAACV9152B
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF VBIL AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF V.B.INDUSTRIES LTD.
DELAY IN SUBMISSION OF QUARTERLY RESULTS TO STOCK EXCHANGES VIOLATING REGULATION 33(2)(A) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF V.B.INDUSTRIES LTD.
CERTIFIED FALSE OR MISLEADING STATEMENTS OR FIGURES VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF V.B.INDUSTRIES LTD.
|
IMPOSED PENALTY RS.6,00,000
08-JUL-2021
|
SAT: SAT VIDE ITS ORDER DATED 13/01/2022 CONDONED OF DELAY IN FILING OF APPEAL AND DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 27/04/2022 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 29/07/2022 CONDONED THE DELAY IN FILING OF APPEAL AND PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY TO 25% IMPOSED BY WTM
SAT: SAT VIDE ITS ORDER DATED 04/11/2022 CONDONED THE DELAY IN FILING OF REVIEW APPLICATION. DISMISSED REVIEW APPLICATION
SEBI VIDE ITS ORDER DATED 22/11/2022 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.4343 OF 2021 DATED 07/12/2021
|
| 253 |
|
|
JAGANNATH PANDIT
(PAN:BEBPP5358E)
|
|
|
|
V.B.INDUSTRIES LTD.
CIN:L51909WB1982PLC035222
PAN:AAACV9152B
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF VBIL AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF V.B.INDUSTRIES LTD.
DELAY IN SUBMISSION OF QUARTERLY RESULTS TO STOCK EXCHANGES VIOLATING REGULATION 33(2)(A) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF V.B.INDUSTRIES LTD.
CERTIFIED FALSE OR MISLEADING STATEMENTS OR FIGURES VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF V.B.INDUSTRIES 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 08-JUL-2021 TO 07-JUL-2022
08-JUL-2021
|
SAT: SAT VIDE ITS ORDER DATED 13/01/2022 CONDONED OF DELAY IN FILING OF APPEAL AND DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 21/03/2022 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 27/04/2022 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 29/07/2022 CONDONED THE DELAY IN FILING OF APPEAL AND PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY TO 25% IMPOSED BY WTM
SAT: SAT VIDE ITS ORDER DATED 04/11/2022 CONDONED THE DELAY IN FILING OF REVIEW APPLICATION. DISMISSED REVIEW APPLICATION
|
| 254 |
|
|
JAGDISH CHANDRA SHARMA
(PAN:ACRPS1940E)
|
|
|
|
SOBHA LTD.
PAN:AABCS7723E
|
|
ALLEGED PUBLISH UNTRUE AND MISLEADING FINANCIAL RESULTS VIOLATING SECTION 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F), 4(2)(K) AND 4(2) (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SOBHA LTD.
ALLEGED INDULGENCE IN MISREPRESENTATION OF FINANCIAL RESULTS VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(6), 4(2)(F)(II)(7), 4(2)(F)(III)(7), 17(8) AND 33 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SOBHA LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.2,92,50,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
22-AUG-2022
|
|
| 255 |
|
|
JAGDISH PRAKASH
(PAN:AAHPP4162E)
|
|
|
|
EDUCOMP SOLUTIONS LTD.
PAN:AAACE2983M
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS STATEMENTS AND DID NOT PUBLISH & REPORT A TRUE AND FAIR VIEW OF FINANCIAL PERFORMANCE AND POSITION TO STOCK EXCHANGES VIOLATING SECTIONS 12A(B) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF EDUCOMP SOLUTIONS TD.
GAVE CORPORATE GUARANTEE FOR LOANS AVAILED BY EDU SMART SERVICES PVT.LTD. (ESSPL) TO TUNE OF RS.1550 CRORE WITHOUT APPROVAL OF AUDIT COMMITTEE VIOLATING PROVISION (IV) (A) OF CLAUSE 49 OF LISTING AGREEMENT READ WITH REGULATION 103(2) OF SEBI (LODR) REGULATIONS, 2015 AND SCRA ACT, 1956
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 30-MAY-2023 TO 29-MAY-2026
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-MAY-2023 TO 29-MAY-2026
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 30-MAY-2023 TO 29-MAY-2026
IMPOSED PENALTY RS.1,00,00,000
30-MAY-2023
|
SAT: SAT VIDE ITS ORDER DATED 22/08/2023 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER. STAYED EFFECT AND OPERATION OF IMPUGNED ORDER TILL DISPOSAL OF APPEAL
SAT: SAT VIDE ITS ORDER DATED 31/10/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 07/12/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 25/01/2024 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 18/03/2024 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 11/06/2026 ALLOWED THE APPEAL AND SET ASIDE IMPUGNED ORDER DATED 30/05/2023. NO COSTS
|
| 256 |
|
|
JAI ANMOL ANIL AMBANI
(PAN:AJPPA3678N)
|
|
|
|
RELIANCE HOME FINANCE LTD.
CIN:L67190MH2008PLC183216
PAN:AAECR0305E
|
|
DID NOT EXERCISE REASONABLE DUE DILIGENCE WITH RESPECT TO ENTIRE GENERAL PURPOSE CORPORATE LOAN (GPCL) LENDING AND ONWARD LENDING BY GPCL ENTITIES TO OTHER RELIANCE ADAG GROUP COMPANIES INCLUDING RELIANCE CAPITAL LTD. VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), (8), 4(2)(F)(III) (3) AND (6) OF SEBI (LODR) REGULATION, 2015 READ WITH SECTION 21 OF SCR ACT, 1956 IN MATTER OF RELIANCE HOME FINANCE LTD.
|
IMPOSED PENALTY RS.1,00,00,000
23-SEP-2024
|
|
| 257 |
|
|
JAI BHAGWAN GOEL
(PAN:ACOPG6352K)
|
|
|
|
GUILD BUILDERS PVT.LTD.
PAN:AACCG2350E
|
|
|
OMAXE LTD.
PAN:AAACO0171H
|
|
DID NOT ACHIEVE PRESCRIBED 25% MINIMUM PUBLIC SHAREHOLDING THROUGH INDEPENDENT PUBLIC SHAREHOLDERS VIOLATING RULE 19A(1) OF SECURITIES CONTRACTS (REGULATION) RULES, 1957 READ WITH REGULATION 38 OF SEBI (LODR) REGULATIONS, 2015 AND PROVISION OF 2(II) ON “AMENDMENTS TO CLAUSE 40A – MINIMUM PUBLIC SHAREHOLDING” OF SEBI CIRCULAR NO.CIR/CFD/DIL/10/2010 DATED 16/12/2010 AND CIRCULAR NO.CIR/CFD/CMD/14/2015 DATED 30/11/2015 IN MATTER OF OMAXE LTD.
MADE INCORRECT AND INFLATED DISCLOSURE OF PUBLIC SHAREHOLDING VIOLATING REGULATION 31(1)(B) OF SEBI (LODR) REGULATIONS, 2015READ WITH CIRCULAR NO.CIR/CFD/CMD/13/2015 DATED 30/11/2015 READ WITH REGULATION 2(ZB) OF SEBI (ICDR) REGULATIONS, 2009 AND REGULATION 2(PP) OF SEBI (ICDR) REGULATIONS 2018AND CLAUSE 35 OF LISTING AGREEMENT IN MATTER OF OMAXE LTD.
INDULGED IN FRAUDULENT AND DECEPTIVE SCHEME & ARTIFICE IN CONNECTION WITH DEALING IN SECURITIES VIOLATING SECTION 12A(A) TO 12A(C) OF SEBI ACT.,1992 READ WITH REGULATIONS 3(B), 3(C) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF OMAXE LTD.
PROVIDED DIRECTLY OR INDIRECTLY FINANCIAL ASSISTANCE FOR ACQUISITION OF ITS OWN SHARES VIOLATING SECTION 77(2) OF COMPANIES ACT, 1956 IN MATTER OF OMAXE LTD.
|
IMPOSED PENALTY RS.37,00,000
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 24-SEP-2026 TO 23-SEP-2027
24-SEP-2026
|
|
| 258 |
|
|
JAIPRAKASH MISHRA
(PAN:ALZPM1786B)
|
|
|
|
K-LIFESTYLE & INDUSTRIES LTD.
CIN:L74999DN1987PLC000035
PAN:AABCS1364B
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF K LIFESTYLE & INDUSTRIES LTD. AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), (8), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF K LIFESTYLE & INDUSTRIES LTD.
DID NOT ADHERE TO REGULATION 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF K LIFESTYLE & INDUSTRIES 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 21-DEC-2021 TO 20-DEC-2022
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
IMPOSED PENALTY RS.15,00,000
21-DEC-2021
|
SEBI VIDE ITS NOTICE DATED 03/08/2022 DIRECTED TO PAY RS.16,36,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 30/08/2022 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 03/10/2022 DIRECTED ALL THE BANKS TO REMIT RS.16,66,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF MR.JAIPRAKASH MISHRA BY WAY OF EFT/NEFT/RTGS
|
| 259 |
|
|
JATINBHAI RAMANBHAI PATEL
(PAN:AWRPP3066G)
|
|
|
|
MISHTANN FOODS LTD.
PAN:AAACH5335G
|
|
DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF MISHTANN FOODS LTD.
PUBLISHED FALSE AND MISLEADING FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(1), 4(2)(F)(II)(2), 4(2)(F)(II)(6), 4(2)(F)(II)(7), 4(2)(F)(II)(8), 4(2)(F)(III)(1), 4(2)(F)(III)(3), 4(2)(F)(III)(6), 4(2)(F)(III)(7), 4(2)(F)(III)(12) AND 4(2)(F)(III)(13) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF MISHTANN FOODS LTD.
INDULGED IN FICTITIOUS SALES AND PURCHASE TRANSACTIONS WITH MISHTANN FOODS LTD. VIOLATING REGULATIONS 4(1)(A) TO 4(1)(D), 4(1)(E) AND 4(1)(G) TO 4(1)(J), 4(2)(E)(I), 17(1)(B), 18(1)(A), 18(1)(B) AND 18(1)(C), 19(1), 23(2), 23(4), 23(9), 30(2) READ WITH PARA A OF SCHEDULE II, 31A(2), 33(1)(C), 34(3) READ WITH SCHEDULE V AND 48 OF SEBI (LODR) REGULATIONS, 2015
INDULGED IN FICTITIOUS SALES AND PURCHASE TRANSACTIONS WITH MISHTANN FOODS LTD. VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(E), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 AND SECTION 27(1) OF SEBI ACT, 1992
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 05-DEC-2024 UNTIL FURTHER ORDERS
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 05-DEC-2024 UNTIL FURTHER ORDERS
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 05-DEC-2024 UNTIL FURTHER ORDERS
05-DEC-2024
|
SAT: SAT VIDE ITS ORDER DATED 31/01/2025 ALLOWED BOTH THE APPEALS HOLDING THAT DIRECTION AT 153(B) AND (C) ARE UNSUSTAINABLE AND SET ASIDE
|
| 260 |
|
|
JATINDER BIR SINGH GUJRAL
(PAN:ADZPG1795L)
|
|
|
|
SETCO AUTOMOTIVE LTD.
PAN:AAACG7777K
|
|
INDULGED IN DIVERSION OF FUNDS/ASSETS TO PROMOTER ENTITIES THROUGH A SCHEME OF MARKETING/ LIAISONING SERVICE COMMISSION VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(E), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SETCO AUTOMOTIVE LTD.
SIGNED FALSE CERTIFICATE WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SETCO AUTOMOTIVE LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 05-FEB-2026 TO 04-FEB-2027
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 05-FEB-2026 TO 04-FEB-2027
IMPOSED PENALTY RS.5,00,000
05-FEB-2026
|
SAT: SAT VIDE ITS ORDER DATED 08/05/2026 I) ALLOWED INTERIM PRAYER AND STAYED IMPUGNED ORDER DATED 05/02/2026 SUBJECT TO DEPOSIT OF FULL PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER II) DIRECTED APPELLANT TO FILE UNDERTAKING BY WAY OF AFFIDAVIT AND APPELLANTS TO FILE LIST OF IMMOVABLE ASSETS WITH SEBI WITHIN FOUR WEEKS
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 13 of 43
|
