| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 261 |
|
V.S.BORGAVE
(PAN:ABFPB8696M)
|
|
|
ALLEGED INDULGENCE IN RAISING OF RS.18.18 CRORE THROUGH ISSUANCE OF 18.19 LACS SHARES TO 4,892 INVESTORS UNDER PREFERENTIAL BASIS VIOLATING SECTIONS 56, 60 AND 73 OF THE COMPANIES ACT, 1956
ALLEGED INDULGENCE IN RAISING OF RS.601.12 CRORE THROUGH ISSUANCE OF SHARES TO 12,285 INVESTORS ON RIGHTS BASIS VIOLATING SECTIONS 56, 60 AND 73 OF THE COMPANIES ACT, 1956
ALLEGED INDULGENCE IN RAISING OF RS.18.18 CRORE THROUGH ISSUANCE OF 18.19 LACS SHARES TO 4,892 INVESTORS UNDER PREFERENTIAL BASIS VIOLATING CLAUSES 2.1.1, 2.1.4, 2.2, 4.11, 4.14, 5.3.1, 5.4.1, 5.6A, 5.6.2, 6 TO 6.15 AND 8.8.1 OF SEBI (DISCLOSURE & INVESTOR PROTECTION) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2000
ALLEGED INDULGENCE IN RAISING OF RS.601.12 CRORE THROUGH ISSUANCE OF SHARES TO 12,285 INVESTORS ON RIGHTS BASIS VIOLATING CLAUSES 2.1.1, 2.1.4, 2.2, 4.11, 4.14, 5.3.1, 5.4.1, 5.6A, 5.6.2, 6 TO 6.15 AND 8.8.1 OF SEBI (DISCLOSURE & INVESTOR PROTECTION) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2000
ALLEGED INDULGENCE IN RAISING OF RS.18.18 CRORE THROUGH ISSUANCE OF 18.19 LACS SHARES TO 4,892 INVESTORS UNDER PREFERENTIAL BASIS VIOLATING SEBI (ISSUE OF CAPITAL & DISCLOSURE REQUIREMENTS) REGULATIONS, 2009
ALLEGED INDULGENCE IN RAISING OF RS.601.12 CRORE THROUGH ISSUANCE OF SHARES TO 12,285 INVESTORS ON RIGHTS BASIS VIOLATING SEBI (ISSUE OF CAPITAL & DISCLOSURE REQUIREMENTS) REGULATIONS, 2009
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.47,60,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
30-MAY-2016
|
|
| 262 |
|
|
VAISHALI NATVARLAL THAKKAR
(PAN:AMJPT1242N)
|
|
|
DID NOT PAY CONSIDERATION AMOUNT TOWARDS SAHRES ALLOTTED IN PREFERENTIAL ALLOTMENT VIOLATING REGULATION 77(1) OF SEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009 IN MATTER OF SMS TECHSOFT (INDIA) LTD.
|
IMPOSED PENALTY RS.2,00,000
29-MAR-2019
|
SEBI VIDE ITS NOTICE DATED 17/02/2022 DIRECTED TO PAY RS.2,70,436.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
|
| 263 |
|
|
VALLIAMMAL MURUGAN M.THEVAR
(PAN:AAGPT5653G)
|
|
|
INDULGED IN SIPHONING OFF RS.64.43 CRORES (APPROX) FROM IPO PROCEEDS VIOLATING REGULATIONS 57(1) & 60(7)(A) AND CLAUSES 2(VII)(G), 2(VIII)(D)(5) & 2(XVI)(B)(2) OF PART A OF SCHEDULE VIII READ WITH REGULATION 57(2)(A) OF THE SEBI (ICDR) REGULATIONS, 2009 IN MATTER OF IPO OF SUDAR 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 20-APR-2021 TO 19-APR-2025
RESTRAINED FROM HOLDING ANY MANAGERIAL POSITION (INCLUDING DIRECTORSHIP) IN ANY LISTED COMPANY IN INDIA OR AN INTERMEDIARY REGISTERED WITH SEBI OR WITH ANY SECURITIES MARKET PARTICIPANT, IN ANY CAPACITY FROM 20-APR-2021 TO 19-APR-2025
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 20-APR-2021 TO 19-APR-2025
20-APR-2021
|
SAT: SAT VIDE ITS ORDER DATED 09/02/2022 CONDONED THE DELAY OF 175 DAYS IN FILING OF APPEAL. DISMISSED EXEMPTION APPLICATION AS INFRUCTUOUS. IN THE MEANWHILE, RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND REJOINDER TO FILE ON OR BEFORE NEXT DATE
SAT: SAT VIDE ITS ORDER DATED 24/03/2022 IN THE MEANWHILE, RESPONDENT MAY FILED REPLY WITHIN TWO WEEKS FROM DATE OF THIS ORDER AND REJOINDER MAY BE FILED ON OR BEFORE THE NEXT DATE
SAT: SAT VIDE ITS ORDER DATED 21/04/2022 ALLOWED THE APPLICATION AND REJOINDER TO BE FILED WITHIN THREE WEEKS
SAT: SAT VIDE ITS ORDER DATED 13/06/2022 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 10/01/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
|
| 264 |
|
|
VANDANA BHARRGAVA
(PAN:AIHPB8701C)
(Along with : SUBRATA ROY SAHARA,
ASHOK ROY CHOUDHARY,
RAVI SHANKER DUBEY)
|
|
|
|
SAHARA INDIA REAL ESTATE CORP.LTD.
PAN:AAJCS7265F
|
|
RAISED MONEY BY ISSUING OPTIONALLY FULLY CONVERTIBLE DEBENTURES (OFCDS) WITHOUT FOLLOWING VARIOUS PROCEDURES VIOLATING CLAUSES 2.1.1, 2.1.4, 2.1.5, 2.2, 2.5, 2.8, 4.11, 4.14, 5.3.1, 5.6.2, 6 TO 6.15, 8.8.1, 8.17, 10 TO 10.6 AND 10.9 OF DIP GUIDELINES READ WITH REGULATIONS 4(2), 5(1), 5(7), 6, 7, 16(1), 20(1), 25, 26, 36, 37, 46 AND 57 OF SEBI (ICDR) REGULATIONS, 2009 IN MATTER OF SAHARA INDIA REAL ESTATE CORP.LTD. AND SAHARA HOUSING INVESTMENT CORP.LTD.
MADE UNTRUE STATEMENTS AND MIS-STATEMENTS IN RED HERRING PROSPECTUS (RHP) BY MISLEAD/INDUCE TO INVESTORS INTO SUBSCRIBING TO OPTIONALLY FULLY CONVERTIBLE DEBENTURES (OFCDS) VIOLATING SECTION 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SAHARA INDIA REAL ESTATE CORP.LTD. AND SAHARA HOUSING INVESTMENT CORP.LTD.
DID NOT PROVIDE INFORMATION/DOCUMENTS SOUGHT VIDE SUMMON IN MATTER OF SAHARA INDIA REAL ESTATE CORP.LTD. AND SAHARA HOUSING INVESTMENT CORP.LTD.
DID NOT ADHERE TO THE DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY SEBI VIDE IT’S EARLIER ORDER
|
IMPOSED PENALTY RS.6,00,00,000 ALONG WITH OTHER ENTITIES/PERSONS
27-JUN-2022
|
SEBI VIDE ITS NOTICE DATED 07/12/2022 DIRECTED TO PAY RS.6,42,01,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 26/12/2022 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 ORDER DATED 28/03/2023 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.6098 OF 2022 DATED 07/12/2022
SEBI VIDE ITS NOTICE DATED 06/04/2023 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 26/12/2022
|
| 265 |
|
|
VANDANA BHARRGAVA
(PAN:AIHPB8701C)
(Along with : SUBRATA ROY SAHARA,
ASHOK ROY CHOUDHARY,
RAVI SHANKER DUBEY)
|
|
|
|
SAHARA HOUSING INVESTMENT CORP.LTD.
PAN:AAJCS4101J
|
|
RAISED MONEY THROUGH PUBLIC ISSUE OF SECURITIES BY ISSUING OPTIONALLY FULLY CONVERTIBLE DEBENTURES (OFCDS) WITHOUT FOLLOWING VARIOUS PROCEDURES VIOLATING REGULATIONS 4(2), 5(1), 5(7), 6, 7, 16(1), 20(1), 25, 26, 36, 37, 46 AND 57 OF SEBI (ICDR) REGULATIONS, 2009 IN MATTER OF SAHARA INDIA REAL ESTATE CORP.LTD. AND SAHARA HOUSING INVESTMENT CORP.LTD.
MADE UNTRUE STATEMENTS AND MIS-STATEMENTS IN RED HERRING PROSPECTUS (RHP) BY MISLEAD/INDUCE TO INVESTORS INTO SUBSCRIBING TO OPTIONALLY FULLY CONVERTIBLE DEBENTURES (OFCDS) VIOLATING SECTION 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SAHARA INDIA REAL ESTATE CORP.LTD. AND SAHARA HOUSING INVESTMENT CORP.LTD.
DID NOT PROVIDE INFORMATION/DOCUMENTS SOUGHT VIDE SUMMON IN MATTER OF SAHARA INDIA REAL ESTATE CORP.LTD. AND SAHARA HOUSING INVESTMENT CORP.LTD.
DID NOT ADHERE TO THE DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY SEBI VIDE IT’S EARLIER ORDER
|
IMPOSED PENALTY RS.6,00,00,000 ALONG WITH OTHER ENTITIES/PERSONS
27-JUN-2022
|
SEBI VIDE ITS NOTICE DATED 12/01/2023 DIRECTED TO PAY RS.6,48,01,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 01/02/2023 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 06/04/2023 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.6210 OF 2023 DATED 12/01/2023
SEBI VIDE ITS NOTICE DATED 06/04/2023 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 01/02/2023
|
| 266 |
|
|
VENKATESHWARALU NELABHOTLA
(PAN:AADPV8720H)
|
|
|
|
BIRLA PACIFIC MEDSPA LTD.
CIN:L85100MH2008PLC184689
PAN:AADCB5167F
|
|
INDULGED IN SIPHONING OFF/DIVERSION OF FUNDS AND MIS-UTILISATION OF IPO PROCEEDS VIOLATING REGULATIONS 57(1), 57(2) (A) READ WITH CLAUSE 2 (XVI) (B) (2) PART A OF SCHEDULE VIII READ WITH REGULATION 57(2)(A) OF SEBI (ICDR) REGULATIONS, 2009 IN THE MATTER OF BIRLA PACIFIC MEDSPA 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 23-OCT-2020 TO 22-OCT-2022
23-OCT-2020
|
SAT: SAT VIDE ITS ORDER DATED 26/08/2021 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 23/10/2020
SAT: SAT VIDE ITS ORDER DATED 05/01/2023 CONDONED THE DELAY IN FILING OF APPEAL. EFFECT AND OPERATION OF IMPUGNED ORDER TO REMAIN STAYED DURING PENDENCY OF THE APPEAL
SAT: SAT VIDE ITS ORDER DATED 19/01/2023 ALLOWED RESPONDENT FURTHER TWO WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 27/02/2023 ALLOWED RESPONDENT FURTHER THREE WEEKS TO FILE REPLY
SAT: SAT VIDE ITS ORDER DATED 28/03/2023 ALLOWED RESPONDENT TEN DAYS TO FILE REPLY AND REJOINDER TO BE FILED WITHIN TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 27/04/2023 ALLOWED APPELLANTS FURTHER TWO WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 16/05/2023 ALLOWED APPELLANT FURTHER TWO WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 05/12/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED THE APPLICATIONS
|
| 267 |
|
|
VENKATRAMAN GOPAL NADAR
(PAN:ABPPN9892B)
|
|
|
INDULGED IN SIPHONING OFF FUNDS RS.64.43 CRORES OF IPO PROCEEDS IN MATTER OF IPO OF SUDAR INDUSTRIES LTD.
INDULGED IN SIPHONING OFF RS.64.43 CRORES (APPROX) FROM IPO PROCEEDS VIOLATING REGULATIONS 57(1) & 60(7)(A) AND CLAUSES 2(VII)(G), 2(VIII)(D)(5) & 2(XVI)(B)(2) OF PART A OF SCHEDULE VIII READ WITH REGULATION 57(2)(A) OF THE SEBI (ICDR) REGULATIONS, 2009 IN MATTER OF IPO OF SUDAR 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 20-APR-2021 TO 19-APR-2026
RESTRAINED FROM HOLDING ANY MANAGERIAL POSITION (INCLUDING DIRECTORSHIP) IN ANY LISTED COMPANY IN INDIA OR AN INTERMEDIARY REGISTERED WITH SEBI OR WITH ANY SECURITIES MARKET PARTICIPANT, IN ANY CAPACITY FROM 20-APR-2021 TO 19-APR-2026
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 20-APR-2021 TO 19-APR-2026
20-APR-2021
|
SAT: SAT VIDE ITS ORDER DATED 09/02/2022 CONDONED THE DELAY OF 175 DAYS IN FILING OF APPEAL. DISMISSED EXEMPTION APPLICATION AS INFRUCTUOUS. IN THE MEANWHILE, RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND REJOINDER TO FILE ON OR BEFORE NEXT DATE
SAT: SAT VIDE ITS ORDER DATED 24/03/2022 IN THE MEANWHILE, RESPONDENT MAY FILED REPLY WITHIN TWO WEEKS FROM DATE OF THIS ORDER AND REJOINDER MAY BE FILED ON OR BEFORE THE NEXT DATE
SAT: SAT VIDE ITS ORDER DATED 21/04/2022 ALLOWED THE APPLICATION AND REJOINDER TO BE FILED WITHIN THREE WEEKS
SAT: SAT VIDE ITS ORDER DATED 13/06/2022 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 10/01/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
|
| 268 |
|
|
VENKATRAMAN GOPAL NADAR
(PAN:ABPPN9892B)
|
|
|
INDULGED IN SIPHONING OFF RS.64.43 CRORES (APPROX) FROM IPO PROCEEDS VIOLATING SECTION 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF IPO OF SUDAR INDUSTRIES LTD.
INDULGED IN SIPHONING OFF RS.64.43 CRORES (APPROX) FROM IPO PROCEEDS VIOLATING CLAUSE 2(IX)(B)(12)(A) OF PART A OF SCHEDULE VIII READ WITH REGULATION 57(2)(A) OF SEBI (ICDR) REGULATIONS, 2009 IN MATTER OF IPO OF SUDAR INDUSTRIES LTD.
INDULGED IN SIPHONING OFF RS.64.43 CRORES (APPROX) FROM IPO PROCEEDS VIOLATING CLAUSE 32 OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF IPO OF SUDAR INDUSTRIES LTD.
|
IMPOSED PENALTY RS.12,00,000 ALONG WITH OTHER ENTITIES/PERSONS
31-MAY-2022
|
|
| 269 |
|
|
VIDYA MURKUMBI
(PAN:AGXPM4054H)
|
|
|
|
RAVINDRA ENERGY LTD.
PAN:AAACR2065D
|
|
ALLEGED ISSUANCE AND ALLOTMENT OF EQUITY SHARES TO MORE THAN 49 PERSONS ON 5 OCCASIONS VIOLATING SECTIONS 73, 2(36) READ WITH 60 AND SECTIONS 56 READ WITH 67 OF THE COMPANIES ACT, 1956 IN MATTER OF RAVINDRA ENERGY LTD.
ALLEGED ISSUANCE AND ALLOTMENT OF EQUITY SHARES TO MORE THAN 49 PERSONS ON 5 OCCASIONS VIOLATING REGULATIONS 4(2) (D) & (E), 5(1),(2), (5) & (7), 6(1), 7, 26(1),(2) & (6), 32(1), 36, 37, 46, 47, 49, 57, 58 AND 63 OF SEBI (ICDR) REGULATIONS, 2009 IN MATTER OF RAVINDRA ENERGY LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.99,60,938 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
16-APR-2020
|
|
| 270 |
|
|
VIKALP MUNDRA
(PAN:ACVPM0079N)
|
|
|
DID NOT MAKE CORRECT DISCLOSURE OF LOANS IN DRHP AND RHP SUBMITTED TO STOCK EXCHANGES VIOLATING REGULATIONS 57(1), 57(2) AND 60(4)(A) OF SEBI (ICDR) REGULATIONS, 2009 IN MATTER OF UJAAS ENERGY LTD.
|
IMPOSED PENALTY RS.6,00,000 ALONG WITH OTHER ENTITIES/PERSONS
23-SEP-2019
|
|
| 271 |
|
|
VIKAS GUPTA
(PAN:AAHPG5644H)
|
|
|
|
PG ELECTROPLAST LTD.
PAN:AACCP9321Q
|
|
DID NOT MAKE DISCLOSURE OF CERTAIN MATERIAL INFORMATION IN OFFER DOCUMENT OF PG ELECTROPLAST LTD.
DIVERTED IPO PROCEEDS AND OTHER FUNS TO ENTITIES WHICH PURCHASED THE SHARES OF THE COMPANY TO ENSURE FULL SUBSCRIPTION TO IPO IN MATTER OF PG ELECTROPLAST LTD.
|
IMPOSED PENALTY RS.1,00,00,000
02-AUG-2017
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SAT: SAT VIDE ITS ORDER DATED 02/08/2019 ALLOWED THE APPEAL AND SET ASIDED PENALTY RS.1 CRORE EACH ON APPELLANTS. NO COSTS
|
| 272 |
|
|
VIKAS JAIN TIJARIA
(PAN:ABTPJ8056D)
|
|
|
DID NOT MAKE DISCLOSURE OF MATERIAL INFORMATION WITH REGARD TO RAISING OF FUNDS THROUGH ICDS IN IPO PROSPECTUS VIOLATING REGULATIONS 57(1) AND 57(2) (A) READ WITH SCHEDULE VIII PART A(16) OF SEBI (ICDR) REGULATIONS, 2009 AND REGULATIONS 59, 60(4) AND 60(7)(A) IN MATTER OF IPO OF TIJARIA POLYPIPES LTD.
|
IMPOSED PENALTY RS.2,00,000
09-MAR-2021
|
SEBI VIDE ITS NOTICE DATED 21/02/2022 DIRECTED TO PAY RS.2,23,948.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 14/01/2022 DISMISSED THE APPEAL FOR WANT OF PROSECUTION
|
| 273 |
|
|
VIKAS SAINI
(DIN:06503769
PAN:BEZPS2003H)
|
|
|
|
EDYNAMICS SOLUTIONS LTD.
CIN:L74900DL2000PLC106755
PAN:AAACE7849N
|
|
MADE APPLICATION TO ONE OR MORE RECOGNISED STOCK EXCHANGES FOR LISTING OF SPECIFIED SECURITIES
ENTERED INTO AGREEMENT WITH A DEPOSITORY FOR DEMATERIALIZATION OF SPECIFIED SECURITIES
DID NOT APPOINT MERCHANT BANKER AND OTHER INTERMEDIARIES
DID NOT FILE DRAFT OFFER DOCUMENTS WITH SEBI, DESIGNATED STOCK EXCHANGE AND ROC
DID NOT OBTAIN IN-PRINCIPLE APPROVAL FROM RECOGNISED STOCK EXCHANGE IN WHICH SPECIFIED SECURITIES TO BE LISTED
DID NOT SATISFY CONDITIONS OF INITIAL PUBLIC OFFER
DID NOT SPECIFY SECURITIES HELD BY PROMOTERS TO BE LOCKED-IN FOR A CERTAIN PERIOD IN CASE OF IPO
DID NOT LOCK-IN ENTIRE PRE-ISSUE CAPITAL HELD BY PERSONS OTHER THAN PROMOTERS FOR ONE YEAR IN CASE OF IPO
DID NOT KEEP PUBLIC ISSUE OPEN FOR SPECIFIED PERIOD
DID NOT DO PRE ISSUE ADVERTISEMENT FOR PUBLIC ISSUE
DID NOT MAKE DISCLOSURES IN OFFER DOCUMENT
OFFERED INCENTIVE FOR MAKING APPLICATION FOR ALLOTMENT OF SPECIFIED SECURITIES
|
IMPOSED PENALTY RS.3,00,000
21-DEC-2022
|
SEBI VIDE ITS NOTICE DATED 11/04/2023 DIRECTED TO PAY RS.3,16,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 01/06/2023 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 NOTICE DATED 03/07/2023 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.3,25,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTGS
|
| 274 |
|
|
VIKAS SAINI
(DIN:06503769
PAN:BEZPS2003H)
|
|
|
|
EDYNAMICS SOLUTIONS LTD.
CIN:L74900DL2000PLC106755
PAN:AAACE7849N
|
|
MOBILIZED RS.6.92 CRORES FROM PUBLIC THROUGH ISSUANCE OF 69,20,000 EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 365 INVESTORS VIOLATING SECTIONS 56(1), 56(3), 60 READ WITH 67 OF THE COMPANIES ACT, 1956
MOBILIZED RS.6.92 CRORES FROM PUBLIC THROUGH ISSUANCE OF 69,20,000 EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 365 INVESTORS VIOLATING REGULATIONS 4(2)(D), 4(2)(E), 5, 6, 7, 25, 26, 36, 37,46, 47, 57 AND 59 OF SEBI (ICDR) REGULATIONS, 2009
|
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 22-APR-2021 TO 21-APR-2022
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-APR-2021 TO 21-APR-2022
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 22-APR-2021 TO 21-APR-2022
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 22-APR-2021 TO 21-APR-2022
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
22-APR-2021
|
|
| 275 |
|
|
VIKRANT KAYAN
(DIN:00761044
PAN:AFJPK8437M)
|
|
|
|
TRINITY TRADELINK LTD.
CIN:L11103MH1985PLC035826
PAN:AAFCS8117C
|
|
MOBILIZED RS.25.99 CRORES THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 978 INVESTORS VIOLATING SECTIONS 56(1), 56(3), 60(1) AND 73 READ WITH 67 OF THE COMPANIES ACT, 1956 AND SECTION 465(2) OF THE COMPANIES ACT, 2013 IN MATTER OF TRINITY TRADELINK LTD.(EARLIER KNOWN AS OMNITECH PETROLEUM LTD.)
MOBILIZED RS.25.99 CRORES THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 978 INVESTORS VIOLATING REGULATIONS 4(2)(D), 4(2)(E) 5(1), 5(2), 5(5), 5(7), 6(1), 7, 26(1), 26(2), 32(1), 36, 37, 46(1), 47(1), 49(1), 57(1), 58(1), 58(2), 63 AND 115(2) OF ICDR REGULATIONS, 2009 IN MATTER OF TRINITY TRADELINK LTD.(EARLIER KNOWN AS OMNITECH PETROLEUM LTD.)
|
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 19-MAR-2020 TO 18-MAR-2023
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 19-MAR-2020 TO 18-MAR-2023
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 19-MAR-2020 TO 18-MAR-2023
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 19-MAR-2020 TO 18-MAR-2023
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
19-MAR-2020
|
|
| 276 |
|
|
VIMAL BHANDARI
(PAN:ABJPB8612R)
|
|
|
ALLEGED INDULGENCE IN RAISING OF RS.18.18 CRORE THROUGH ISSUANCE OF 18.19 LACS SHARES TO 4,892 INVESTORS UNDER PREFERENTIAL BASIS VIOLATING SECTIONS 56, 60 AND 73 OF THE COMPANIES ACT, 1956
ALLEGED INDULGENCE IN RAISING OF RS.601.12 CRORE THROUGH ISSUANCE OF SHARES TO 12,285 INVESTORS ON RIGHTS BASIS VIOLATING SECTIONS 56, 60 AND 73 OF THE COMPANIES ACT, 1956
ALLEGED INDULGENCE IN RAISING OF RS.18.18 CRORE THROUGH ISSUANCE OF 18.19 LACS SHARES TO 4,892 INVESTORS UNDER PREFERENTIAL BASIS VIOLATING CLAUSES 2.1.1, 2.1.4, 2.2, 4.11, 4.14, 5.3.1, 5.4.1, 5.6A, 5.6.2, 6 TO 6.15 AND 8.8.1 OF SEBI (DISCLOSURE & INVESTOR PROTECTION) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2000
ALLEGED INDULGENCE IN RAISING OF RS.601.12 CRORE THROUGH ISSUANCE OF SHARES TO 12,285 INVESTORS ON RIGHTS BASIS VIOLATING CLAUSES 2.1.1, 2.1.4, 2.2, 4.11, 4.14, 5.3.1, 5.4.1, 5.6A, 5.6.2, 6 TO 6.15 AND 8.8.1 OF SEBI (DISCLOSURE & INVESTOR PROTECTION) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2000
ALLEGED INDULGENCE IN RAISING OF RS.18.18 CRORE THROUGH ISSUANCE OF 18.19 LACS SHARES TO 4,892 INVESTORS UNDER PREFERENTIAL BASIS VIOLATING SEBI (ISSUE OF CAPITAL & DISCLOSURE REQUIREMENTS) REGULATIONS, 2009
ALLEGED INDULGENCE IN RAISING OF RS.601.12 CRORE THROUGH ISSUANCE OF SHARES TO 12,285 INVESTORS ON RIGHTS BASIS VIOLATING SEBI (ISSUE OF CAPITAL & DISCLOSURE REQUIREMENTS) REGULATIONS, 2009
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.47,60,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
30-MAY-2016
|
|
| 277 |
|
|
VINEET JAIN TIJARIA
(PAN:ABTPJ8166C)
|
|
|
DID NOT MAKE DISCLOSURE OF MATERIAL INFORMATION WITH REGARD TO RAISING OF FUNDS THROUGH ICDS IN IPO PROSPECTUS VIOLATING REGULATIONS 57(1) AND 57(2) (A) READ WITH SCHEDULE VIII PART A(16) OF SEBI (ICDR) REGULATIONS, 2009 AND REGULATIONS 59, 60(4) AND 60(7)(A) IN MATTER OF IPO OF TIJARIA POLYPIPES LTD.
|
IMPOSED PENALTY RS.2,00,000
09-MAR-2021
|
SEBI VIDE ITS NOTICE DATED 21/02/2022 DIRECTED TO PAY RS.2,23,948.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 14/01/2022 DISMISSED THE APPEAL FOR WANT OF PROSECUTION
|
| 278 |
|
|
VINIT KAMLESHKUMAR SHAH
(PAN:BOIPS2506E)
|
|
|
DID NOT PAY CONSIDERATION AMOUNT TOWARDS SAHRES ALLOTTED IN PREFERENTIAL ALLOTMENT VIOLATING REGULATION 77(1) OF SEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009 IN MATTER OF SMS TECHSOFT (INDIA) LTD.
|
IMPOSED PENALTY RS.2,00,000
29-MAR-2019
|
SEBI VIDE ITS NOTICE DATED 17/02/2022 DIRECTED TO PAY RS.2,70,436.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 21/07/2022 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 28/02/2024 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.3,21,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG
|
| 279 |
|
|
VINOD KANJI SHAH
(PAN:AAEPS7502F)
|
|
|
DID NOT MAKE CORRECT DISCLOSURE OF BRIDGE LOAN AND ACCEPTANCE OF DEPOSITS IN IPO PROSPECTUS VIOLATING REGULATION 57(1) AND 57(2) READ WITH CLAUSE 2(VII)(G) AND (XVI)(B)(2) OF PART A OF SCHEDULE VIII OF SEBI ICDR REGULATIONS, 2009 IN MATTER OF INVENTURE GROWTH & SECURITIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 06-AUG-2018 TO 05-AUG-2022
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 06-AUG-2018 TO 05-AUG-2022
06-AUG-2018
|
SAT: SAT VIDE ITS ORDER DATED 10/10/2019 PARTLY ALLOWED THE APPEAL BY LIMITING RESTRICTIONS ON ASSOCIATING AS DIRECTORS OR KMPS ETC HOLDING ANY FRESH POSITION IN SUCH CAPACITY FOR THREE YEARS FROM 01/01/2019
SAT: SAT VIDE ITS ORDER DATED 06/02/2020 REJECTED REVIEW APPLICATION
SAT: SAT VIDE ITS ORDER DATED 26/02/2020 ALLOWED THE APPEALS AND QUASHED IMPUGNED ORDER 10/10/2019 AND MATTER REMITTED TO AO TO DECIDE AFRESH
|
| 280 |
|
|
VINOD KANJI SHAH
(PAN:AAEPS7502F)
|
|
|
|
INVENTURE GROWTH & SECURITIES LTD.
PAN:AAACI2044K
|
|
DID NOT MAKE CORRECT DISCLOSURE OF BRIDGE LOAN AND ACCEPTANCE OF DEPOSITS IN IPO PROSPECTUS VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D) & 4(1) AND 4(2)(K) & (R) OF PFUTP REGULATIONS, 2003 IN MATTER OF INVENTURE GROWTH & SECURITIES LTD.
DID NOT MAKE CORRECT DISCLOSURE OF BRIDGE LOAN AND ACCEPTANCE OF DEPOSITS IN IPO PROSPECTUS VIOLATING REGULATION 57(1) AND 57(2) READ WITH CLAUSE 2(VII)(G) AND (XVI)(B)(2) OF PART A OF SCHEDULE VIII OF SEBI ICDR REGULATIONS, 2009 IN MATTER OF INVENTURE GROWTH & SECURITIES LTD.
|
IMPOSED PENALTY RS.15,00,000
30-AUG-2019
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 14 of 15
|
