| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 321 |
|
PRERNA SHARMA
(PAN:BJEPS7547A)
|
|
|
DID NOT USE TERM “RESEARCH ANALYST” IN COMMUNICATIONS
DID NOT MAKE DISCLOSURES SUCH AS MATERIAL CONFLICT OF INTEREST WITH SUBJECT COMPANY WHILE SENDING RECOMMENDATIONS
DID NOT PROVIDE INFORMATION RELIED UPON AND DID NOT DEFINE OR DISCLOSE TERMS MENTIONED IN ITS RECOMMENDATIONS TO CLIENTS
DID NOT MAINTAIN RESEARCH RATIONALE FOR RECOMMENDATIONS MADE WHICH WERE NOT EXECUTED
SUBMITTED FALSE WORK EXPERIENCE FROM MOTILAL OSWAL FINANCIAL SERVICES LTD., BEARING A FORGED SEAL
PROMISED ASSURED/GUARANTEE RETURNS/PROFITS TO CLIENTS
DID NOT REDRESS INVESTOR COMPLAINTS IN STIPULATED TIME
|
IMPOSED PENALTY RS.15,00,000
30-DEC-2025
|
SEBI VIDE ITS NOTICE DATED 27/02/2026 DIRECTED TO PAY RS.15,46,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 23/03/2026 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
SAT: SAT VIDE ITS ORDER DATED 06/04/2026 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED RESPONDENT SIX WEEKS TO FILE REPLY AND REJOINDER IF ANY TO BE FILED WITHIN THREE WEEKS THEREAFTER
SEBI VIDE ITS NOTICE DATED 09/04/2026 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 23/03/2026
SEBI VIDE ITS ORDER DATED 09/04/2026 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.9053 OF 2026 DATED 27/02/2026
SAT: SAT VIDE ITS ORDER DATED 07/08/2026 DISMISSED THE APPEAL FOR WANT OF PROSECUTION. NO COSTS
|
| 322 |
|
|
PRERNA SHARMA
(PAN:BJEPS7547A)
|
|
|
DID NOT USE TERM “RESEARCH ANALYST” IN COMMUNICATIONS
DID NOT MAKE DISCLOSURES SUCH AS MATERIAL CONFLICT OF INTEREST WITH SUBJECT COMPANY WHILE SENDING RECOMMENDATIONS
DID NOT PROVIDE INFORMATION RELIED UPON AND DID NOT DEFINE OR DISCLOSE TERMS MENTIONED IN ITS RECOMMENDATIONS TO CLIENTS
MISLED CLIENTS BY MAKING ASSURED PROFIT COMMITMENT
DID NOT MAINTAIN RESEARCH RATIONALE FOR RECOMMENDATIONS MADE WHICH WERE NOT EXECUTED
SUBMITTED FALSE WORK EXPERIENCE FROM MOTILAL OSWAL FINANCIAL SERVICES LTD., BEARING A FORGED SEAL
DID NOT REDRESS INVESTOR COMPLAINTS IN STIPULATED TIME
|
CANCELLED REGISTRATION AS RESEARCH ANALYST FROM 10-SEP-2026
10-SEP-2026
|
|
| 323 |
|
|
PRITHVIRAJ RIKABCHAND POMANI
|
|
|
|
SHREE POMANI METALS & ALLOYS LTD.
|
|
DID NOT REDRESS INVESTOR COMPLAINTS
DID NOT REGISTER FOR SEBI COMPLAINTS REDRESSAL SYSTEM (SCORES)
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 17-JUL-2015 TILL RESOLVES ALL PENDING INVESTOR GRIEVANCES
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 17-JUL-2015 TILL RESOLVES ALL PENDING INVESTOR GRIEVANCES
17-JUL-2015
|
|
| 324 |
|
|
PROJESH KUMAR ROY
|
|
|
|
JAYANT VITAMINS LTD.
|
|
ALLEGED FAILURE IN REDRESSAL OF INVESTOR GRIEVANCE
ALLEGED FAILURE IN FURNISHING OF ACTION TAKEN REPORT IN CONNECTION WITH REDRESSAL OF INVESTOR’S GRIEVANCES
|
SHOW CAUSE NOTICE ISSUED
06-NOV-2009
|
|
| 325 |
|
|
PUNIT CHADHA
|
|
|
|
VISHWAS STEELS LTD.
PAN:AAACV1944K
|
|
DID NOT REDRESS INVESTOR COMPLAINTS
DID NOT REGISTER FOR SEBI COMPLAINTS REDRESSAL SYSTEM (SCORES)
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 08-JUN-2016 TILL OBTAINS SCORES AUTHENTICATION
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 08-JUN-2016 TILL OBTAINS SCORES AUTHENTICATION
08-JUN-2016
|
|
| 326 |
|
|
R.D.APTE
|
|
|
|
AEC ENTERPRISES LTD.
|
|
DID NOT REDRESS INVESTOR COMPLAINTS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 07-APR-2011 TILL ALL PENDING INVESTOR GRIEVANCES ARE RESOLVED
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 07-APR-2011 TILL ALL PENDING INVESTOR GRIEVANCES ARE RESOLVED
07-APR-2011
|
|
| 327 |
|
|
R.K.NARENDER
|
|
|
|
XEDD TELECOM LTD.
|
|
DID NOT REDRESS INVESTOR COMPLAINTS
|
LAUNCHED CRIMINAL PROSECUTION
06-APR-1998
|
|
| 328 |
|
|
R.O.DHIR
|
|
|
|
MUKERIAN PAPERS LTD.
CIN:L21012PB1975PLC003615
|
|
DID NOT REDRESS INVESTOR COMPLAINTS
|
IMPOSED PENALTY RS.15,000
21-OCT-2004
|
INCLUDED IN SEBI LIST DATED 31/03/2011, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 329 |
|
|
R.P.SHARMA
|
|
|
|
INFORMATION TECHNOLOGIES (INDIA) LTD.
CIN:U65910UP1994PLC017049
PAN:AAACI1891E
|
|
DID NOT REDRESS INVESTOR GRIEVANCES DESPITE BEING DIRECTED BY SEBI
|
IMPOSED PENALTY RS.1,00,00,000
06-MAY-2005
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 330 |
|
|
R.R.KUMAR
|
|
|
|
RICHIMEN SILKS LTD.
CIN:U18100AP1984PLC005033
|
|
DID NOT REDRESS INVESTOR COMPLAINTS
|
LAUNCHED CRIMINAL PROSECUTION
06-APR-1998
|
|
| 331 |
|
|
R.T.ZALA
|
|
|
|
GUJARAT DEHYD FOODS LTD.
|
|
DID NOT TRANSFER SHARE CERTIFICATES WITHIN STIPULATED TIME
FAILED TO PAY DIVIDENDS TO SHAREHOLDERS
DID NOT REDRESS INVESTOR COMPLAINTS
|
LAUNCHED CRIMINAL PROSECUTION
27-SEP-2001
|
|
| 332 |
|
|
R.V.KULKARNI
|
|
|
|
RADHIKA SPINNING MILLS LTD.
|
|
DID NOT REDRESS INVESTOR COMPLAINTS
|
LAUNCHED CRIMINAL PROSECUTION
06-APR-1998
|
|
| 333 |
|
|
RAHUL BHATNAGAR
|
|
|
|
CVIL INFRA LTD.
|
|
DID NOT REDRESS INVESTOR COMPLAINTS
DID NOT REGISTER FOR SEBI COMPLAINTS REDRESSAL SYSTEM (SCORES)
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 21-SEP-2017 TILL RESOLVE ALL INVESTOR GRIEVANCE PENDING
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 21-SEP-2017 TILL RESOLVE ALL INVESTOR GRIEVANCE PENDING
21-SEP-2017
|
|
| 334 |
|
|
RAHUL TRIVEDI
(PAN:AQNPT9607R)
|
|
|
|
HIGHBROW MARKET RESEARCH PVT.LTD.
PAN:AACCH8077M
|
|
PROMISED ASSURED/GUARANTEE RETURNS/PROFITS TO CLIENTS
SOLD MULTIPLE PACKAGES TO CLIENTS WITH THREAT OF FORFEITURE AND CHARGED
UNREASONABLE AND UNDISCLOSED FEE
SOLD ADVISORY SERVICES/PRODUCTS TO CLIENTS WITHOUT ENSURING SUITABILITY OF ADVICE ACCORDING TO THEIR RISK PROFILE
SPLIT THE FEE AMONG RELATIVES OF CLIENT AND DENIED TO ACKNOWLEDGE CLIENTS EVEN AFTER RECEIVING PAYMENT AND FORCEFULLY CAPTURED CARD DETAILS
DID NOT REDRESS INVESTOR COMPLAINTS IN STIPULATED TIME
|
IMPOSED PENALTY RS.1,00,000
31-MAR-2023
|
SEBI VIDE ITS NOTICE DATED 20/07/2023 DIRECTED TO PAY RS.1,06,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 24/08/2023 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
SAT: SAT VIDE ITS ORDER DATED 09/01/2024 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY AND FILE REJOINDER THREE WEEKS THEREAFTER. DIRECTED APPELLANTS TO DEPOSIT A CHEQUE TO THE RESPONDENT TO THE NEEDFUL AND THE ACCOUNT WILL BE DEFREEZED ONCE THE CHEQUE IS CREDITED TO SEBI’S ACCOUNT
SEBI VIDE ITS NOTICE DATED 21/02/2024 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 24/08/2023
SEBI VIDE ITS ORDER DATED 21/02/2024 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.6924 OF 2023 DATED 20/07/2023
SAT: SAT VIDE ITS ORDER DATED 21/02/2024 GRANTED ADDITIONAL THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 29/04/2024 ALLOWED THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 12/06/2024 GRANTED TWO WEEKS TO FILE REJOINDER
|
| 335 |
|
|
RAJ KUMAR SHUKLA
|
|
|
|
ZED INVESTMENTS LTD.
|
|
DID NOT REDRESS INVESTOR COMPLAINTS
DECLARED AS A VANISHING COMPANY
PROSPECTUS OF ZED INVESTMENTS LTD. CONTAINED GLARING MIS-STATEMENTS AND OMITTED MATERIAL RELEVANT FACTS
RESPONSIBLE FOR MISDEEDS AS DIRECTOR & SIGNATORY TO THE PROSPECTUS OF ZED INVESTMENTS LTD.
COMMITTED IRREGULARITIES IN PUBLIC ISSUE OF ZED INVESTMENTS LTD.
PROVIDED MIS-STATEMENTS AND ALLOTTED PROMOTER QUOTA SHARES TO GENERAL INVESTORS APART FROM OFFERING BUYBACK SCHEME BY ISSUE OF AN ADVERTISEMENT IN VIOLATION OF SEBI (DIP) DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 09-OCT-2003 TO 08-OCT-2008
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 09-OCT-2003 TO 08-OCT-2008
09-OCT-2003
|
|
| 336 |
|
|
RAJAN C.ZAVERI
|
|
|
|
INDO-AMERICAN OPTICS LTD.
CIN:U26109GJ1991PLC015349
|
|
DID NOT REDRESS INVESTOR COMPLAINTS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 10-OCT-2003 TO 09-OCT-2008
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 10-OCT-2003 TO 09-OCT-2008
10-OCT-2003
|
|
| 337 |
|
|
RAJAN MEHTA
|
|
|
|
INDO-AMERICAN CREDIT CORP.LTD.
|
|
DID NOT REDRESS INVESTOR COMPLAINTS REGARDING DELAY IN TRANSFER OF SHARES
FAILED TO PAY DIVIDENDS TO SHAREHOLDERS
|
LAUNCHED CRIMINAL PROSECUTION
20-NOV-1998
|
|
| 338 |
|
|
RAJBIR SINGH HOODA
|
|
|
|
MAHADEV AGRO INDUSTRIES LTD.
|
|
DID NOT REDRESS INVESTOR COMPLAINTS
|
LAUNCHED CRIMINAL PROSECUTION
06-APR-1998
|
|
| 339 |
|
|
RAJENDRASINH D.ZALA
|
|
|
|
GUJARAT FUN N WATER PARK LTD.
|
|
DID NOT TRANSFER SHARE CERTIFICATES WITHIN STIPULATED TIME
FAILED TO PAY DIVIDENDS TO SHAREHOLDERS
DID NOT REDRESS INVESTOR COMPLAINTS
|
LAUNCHED CRIMINAL PROSECUTION
27-SEP-2001
|
|
| 340 |
|
|
RAJESH CHAPSHI DEDHIA
(PAN:AAIPD2549P)
|
|
|
|
ESSENES FORGINGS LTD.
|
|
DID NOT REDRESS INVESTOR COMPLAINTS
DID NOT REGISTER FOR SEBI COMPLAINTS REDRESSAL SYSTEM (SCORES)
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 21-SEP-2017 TILL RESOLVE ALL INVESTOR GRIEVANCE PENDING
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 21-SEP-2017 TILL RESOLVE ALL INVESTOR GRIEVANCE PENDING
21-SEP-2017
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 17 of 27
|
