| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 321 |
|
ITI SECURITIES BROKING LTD.
(PAN:AAACG2063L)
(Member : BSE/NSE)
|
|
|
ASSOCIATED WITH A PLATFORM PROVIDING REFERENCES TO RETURNS/PERFORMANCE OF ALGORITHMIC TRADING STRATEGIES VIOLATING CLAUSE 4.2 OF SEBI CIRCULAR DATED 02/09/2022 AND CLAUSES A(2)AND A(5) OF SCHEDULE II READ WITH REGULATION 9(F) OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF TRADE TRON AND OTHER ALGO PLATFORMS
|
IMPOSED PENALTY RS.1,00,000
25-MAR-2026
|
|
| 322 |
|
|
J M GLOBAL EQUITIES PVT.LTD.
(PAN:AACCR4481K)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL AND FICTITIOUS VOLUME BY ALLOWING TO PLACE BUY ORDERS FOR LARGE VOLUMES AND DELETING THE SAME WITHIN SECONDS VIOLATING CLAUSE A(2) OF CODE OF CONDUCT SPECIFIED IN SCHEDULE II UNDER REGULATIONS 9(F) OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF SHRI KRISHNA PRASADAM LTD.
|
IMPOSED PENALTY RS.2,00,000
30-OCT-2023
|
|
| 323 |
|
|
J.V.S.SECURITIES PVT.LTD.
(Member : CSE/NSE)
|
|
|
|
JYOTI VARDHAN SONTHALIA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF SPANCO TELESYSTEMS & SOLUTIONS LTD.
VIOLATED REGULATION 7 READ WITH CODE OF CONDUCT AS SPECIFIED IN SCHEDULE 11 OF STOCK BROKER REGULATION
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 05-APR-2007 TO 11-APR-2007
15-MAR-2007
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 15/03/2007 SET ASIDE WITH NO ORDER AS TO COSTS
|
| 324 |
|
|
JAI SHAREFIN LTD.
(Member : ASE)
|
|
|
VIOLATED CODE OF CONDUCT AS PRESCRIBED UNDER STOCK BROKER REGULATIONS
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
DISCREPANCIES IN CLIENT CODES
DID NOT PROVIDE INFORMATION TO SEBI
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-MAR-2010 TO 19-APR-2010
08-MAR-2010
|
|
| 325 |
|
|
JAICO SECURITIES PVT.LTD.
(Member : NSE)
|
|
|
ALLEGED INDULGENCE IN IRREGULAR TRANSACTIONS IN SCRIPS OF JINDAL STAINLESS LTD.,BSEL INFRASTRUCTURE REALTY LTD. ,MAHARASHTRA SEAMLESS LTD.AND COSMO FILMS LTD.
ALLEGED INDULGENCE IN VIOLATION OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF JINDAL STAINLESS LTD.,BSEL INFRASTRUCTURE REALTY LTD. ,MAHARASHTRA SEAMLESS LTD.AND COSMO FILMS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.20,00,000 VIDE CONSENT ORDER)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY TO BE SUSPENDED FROM REGISTRATION AS STOCK BROKER) FROM 26-OCT-2009 TO 25-DEC-2009
23-OCT-2009
|
|
| 326 |
|
|
JAMBUWALA CAPITAL SERVICES PVT.LTD.
(PAN:AACCJ0642A)
(Member : NSE/BSE/MCX)
|
|
|
COLLUDED WITH CLIENTS TO EXECUTE PREDETERMINED TRADES TO SQUARED OFF THE TRADES AND BOOK PROFITS/LOSSES IN MATTER OF INDEX OPTIONS CONTRACTS OF NIFTY
DID NOT CARRY OUT NECESSARY DUE DILIGENCE AND COMPLIANCE WITH STATUTORY REQUIREMENTS WHILE DEALING WITH CLIENTS IN MATTER OF INDEX OPTIONS CONTRACTS OF NIFTY
|
IMPOSED PENALTY RS.6,00,000
30-AUG-2024
|
SAT: SAT VIDE ITS ORDER DATED 25/10/2024 CONDONED THE DELAY OF 9 DAYS IN FILING OF APPEAL. ALLOWED RESPONDENT FOUR WEEKS TO FILE REPLY AND REJOINDER TO BE FILED WITHIN TWO WEEKS THEREAFTER. RECOVERY REMAIN STAYED SUBJECT TO DEPOSIT OF RS.2 LAC WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 18/12/2024 GRANTED APPELLANT FOUR WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 04/03/2025 GRANTED APPELLANT FOUR WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 04/07/2025 GRANTED APPELLANTS THREE WEEKS TO FILE REJOINDER
|
| 327 |
|
|
JAMSON SECURITIES PVT.LTD.
(PAN:AAACJ3726F)
(Member : BSE)
|
|
|
|
SHAUNAK JAGDISH SHAH
PAN:AAQPS1939J
|
|
DID NOT EXERCISE PROPER DUE DILIGENCE WHILE PLACING BUY ORDERS IN LARGE QUANTITIES WITHOUT SUFFICIENT MARGIN VIOLATING REGULATION 9(F) OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF RUCHI SOYA INDUSTRIES LTD.
|
IMPOSED PENALTY
26-JUL-2021
|
|
| 328 |
|
|
JAYANTILAL KHANDWALA & SONS PVT.LTD.
(PAN:AAACJ9403D)
(Member : BSE)
|
|
|
|
JATIN KHANDWALA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS IN SCRIP OF KOPRAN LTD.
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES AND NOT COMPLYING WITH STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1),(3),(4),(5) AND B(6) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF KOPRAN LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 03-FEB-2012 TO 02-MAR-2012
13-JAN-2012
|
|
| 329 |
|
|
JAYANTILAL KHANDWALA & SONS PVT.LTD.
(PAN:AAACJ9403D)
(Member : BSE)
|
|
|
|
JATIN KHANDWALA
|
|
AIDED AND ABETTED ITS CLIENT IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIP OF DSQ BIOTECH LTD.
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(2), A(3) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF DSQ BIOTECH LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 04-FEB-2011 TO 24-FEB-2011
14-JAN-2011
|
SAT: IMPUGNED ORDER MODIFIED BY REDUCING PERIOD OF SUSPENSION TO 10 DAYS FROM THREE WEEKS
|
| 330 |
|
|
JAYANTILAL KHANDWALA & SONS PVT.LTD.
(PAN:AAACJ9403D)
(Member : BSE)
|
|
|
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE, INDULGED IN CREATION OF ARTIFICIAL MARKET AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1),A(2),A(4) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF SHREE RAMA MULTI-TECH LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 28-SEP-2012 TO 27-OCT-2012
07-SEP-2012
|
|
| 331 |
|
|
JAYPEE CAPITAL SERVICES LTD.
(PAN:AAACJ0628A)
(Member : USEIL)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 (NOW REGULATION 9(F)) READ WITH CLAUSES A(2) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI STOCK BROKERS REGULATIONS, 1992 IN MATTER OF UNITED STOCK EXCHANGE OF INDIA LTD.
|
IMPOSED PENALTY RS.10,00,000
28-SEP-2017
|
|
| 332 |
|
|
JAYPEE CAPITAL SERVICES LTD.
(PAN:AAACJ0628A)
(Member : BSE/NSE/LSE/SKSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED AND CIRCULAR TRANSACTIONS IN SCRIP OF MILLENIUM CYBERTECH 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) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF MILLENIUM CYBERTECH LTD.
|
IMPOSED PENALTY RS.10,00,000
17-OCT-2013
|
SAT: SAT VIDE ITS ORDER DATED 22/01/2014 QUASHED AND SET ASIDE SEBI'S ORDER DATED 17/10/2013 AND DIRECTED ADJUDICATING OFFICER TO PASS A FRESH ORDER ON MERITS. NO COSTS
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 333 |
|
|
JAYSUKHLAL JAGJIVAN STOCK BROKING PVT.LTD.
(Member : BSE)
|
|
|
|
NITIN JAYSUKHLAL DOSHI
|
|
ALLEGED INDULGENCE IN IRREGULAR TRANSACTIONS IN SCRIP OF INDUSTRIAL & PRUDENTIAL INVESTMENT CO.LTD.
ALLEGED FAILURE IN MAINTAINING INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGENCE IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF INDUSTRIAL & PRUDENTIAL INVESTMENT CO.LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.5,93,457 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
31-AUG-2009
|
|
| 334 |
|
|
JBS SECURITIES PVT.LTD.
(PAN:AAACJ5485F)
(Member : NSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE, DID NOT ADHERE TO STATUTORY REQUIREMENTS AND FILED MISLEADING RETURNS VIOLATING REGULATION 7 READ WITH CLAUSES A(2), A(5) AND C(6) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992
|
IMPOSED PENALTY RS.50,000
28-DEC-2012
|
|
| 335 |
|
|
JHP SECURITIES PVT.LTD.
(PAN:AAACJ2847H)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR, SYNCHRONIZED AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF GEMSTONE INVESTMENTS LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, NOT EXERCISING DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES AND NOT COMPLYING WITH 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 GEMSTONE INVESTMENTS LTD.
|
IMPOSED PENALTY RS.8,00,000
31-JAN-2012
|
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SAT: APPEAL NOT SUCCEED
|
| 336 |
|
|
JHP SECURITIES PVT.LTD.
(PAN:AAACJ2847H)
(Member : BSE)
|
|
|
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, INDULGED IN MANIPULATIVE ACTIVITIES AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1), A(3) AND A(5) OF CODE OF CONDUCT FOR SUB-BROKERS UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN THE MATTER OF TATA FINANCE LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-JUN-2012 TO 30-JUN-2012
11-MAY-2012
|
SAT: APPEAL ALLOWED WITH NO ORDER AS TO COST
|
| 337 |
|
|
JITENDRA HARJIVANDAS SECURITIES PVT.LTD.
(PAN:AAACJ2849K)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR TRADES IN SCRIP OF SHUKUN CONSTRUCTION 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 SHUKUN CONSTRUCTION LTD.
|
IMPOSED PENALTY RS.3,00,000
26-JUL-2011
|
|
| 338 |
|
|
JITENDRA HARJIVANDAS SECURITIES PVT.LTD.
(PAN:AAACJ2849K)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED, CIRCULAR TRANSACTIONS AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF WELLWORTH OVERSEAS LTD.
DID NOT MAINTAIN INTEGRITY, DID NOT EXERCISE DUE SKILL AND CARE, 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 WELLWORTH OVERSEAS LTD.
|
IMPOSED PENALTY RS.8,00,000
30-NOV-2009
|
SAT: IMPUGNED ORDER DATED 30/11/2009 MODIFIED AND PENALTY AMOUNT REDUCED TO RS.4,00,000 FROM RS.8,00,000 WITH NO ORDER AS TO COSTS
INCLUDED IN SEBI LIST DATED 30/09/2012, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 339 |
|
|
JITENDRA HARJIVANDAS SECURITIES PVT.LTD.
(PAN:AAACJ2849K)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR, SYNCHRONIZED, CROSS DEALS AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF BETALA GLOBAL 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) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF BETALA GLOBAL SECURITIES LTD.
|
IMPOSED PENALTY RS.25,00,000
03-JUN-2010
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 03/06/2010 SET ASIDE AND CASE REMANDED TO AO TO PROCEED IN ACCORDANCE WITH LAW. NO ORDER AS TO COSTS
|
| 340 |
|
|
JITENDRA HARJIVANDAS SECURITIES PVT.LTD.
(PAN:AAACJ2849K)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED AND CIRCULAR TRANSACTIONS IN SCRIP OF BETALA GLOBAL 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) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF BETALA GLOBAL SECURITIES LTD.
|
IMPOSED PENALTY RS.10,00,000
01-NOV-2012
|
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
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| Page 17 of 40
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