SOURCE OF INFORMATION : SECURITIES AND EXCHANGE BOARD OF INDIA WEBSITE � PRESS RELEASES/ CHAIRMAN�S AND MEMBER�S ORDERS / AO ORDERS/ SAT ORDERS/ NEWSPAPER ADS
UPDATED TILL : 10-SEP-2026

NAMES IN BROWN COLOUR
Names of entities/persons in brown colour denote that the regulatory order is not against them but their names have been mentioned only for association purposes.

STOCK BROKERS: DID NOT ADHERE TO PROVISION REGULATION OF SEBI

S.No.

ENTITY

PERSONS

REGULATORY CHARGES

REGULATORY ACTION(S) / DATE OF ORDER

FURTHER DEVELOPMENTS

341

NEMANI STOCK BROKING PVT.LTD.

(Member : NSE)

DID NOT ADHERE TO SEBI (COLLECTIVE INVESTMENT SCHEMES) REGULATION, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 26-SEP-2003

26-SEP-2003

342

NETMORE INVESTMENTS

(Along with : N.SIDDHURAJAN,M/S)

Click here to view complete history of this specific entity/person

N.SIDDHURAJAN

DID NOT ADHERE TO SEBI (COLLECTIVE INVESTMENT SCHEMES) REGULATION, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 22-OCT-2002

22-OCT-2002

343

NIKKO STOCK BROKERS PVT.LTD.

(Member : BSE)

DID NOT ADHERE TO SEBI (COLLECTIVE INVESTMENT SCHEMES) REGULATION, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 05-NOV-2002

05-NOV-2002

344

NIRUPAMBEN PATEL,M/S

(Member : MPSE)

NIRUPAMA B.PATEL

DID NOT ADHERE TO SEBI (COLLECTIVE INVESTMENT SCHEMES) REGULATION, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 27-AUG-2004

27-AUG-2004

345

NUTAN INVESTMENT

(Member : UPSE)

NEELAM SHARMA

DID NOT ADHERE TO SEBI (COLLECTIVE INVESTMENT SCHEMES) REGULATION, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 29-SEP-2004

29-SEP-2004

346

O.M.SHAH & CO.

(Member : JSE)

ONKAR MAL SHAH

DID NOT ADHERE TO SEBI (COLLECTIVE INVESTMENT SCHEMES) REGULATION, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 24-DEC-2002

24-DEC-2002

347

O.P.MITTAL & CO.

(Member : UPSE)

OM PRAKASH MITTAL

DID NOT ADHERE TO SEBI (COLLECTIVE INVESTMENT SCHEMES) REGULATION, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 29-SEP-2004

29-SEP-2004

348

OPART SECURITIES PVT.LTD.

(Member : NSE)

DID NOT PAY FEES TO SEBI

DECLARED DEFAULTER BY THE EXCHANGE AND EXPELLED

CANCELLED REGISTRATION AS STOCK BROKER FROM 23-JAN-2008

23-JAN-2008

349

OPTION PRATIBHUTI & VINIMAY CO.LTD.

(Member : NSE)

DID NOT ADHERE TO SEBI (COLLECTIVE INVESTMENT SCHEMES) REGULATION, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 22-OCT-2002

22-OCT-2002

350

OPULENT BROKING PVT.LTD.

(PAN:AAACO2790A)

(Member : BSE)

DID NOT ADHERE TO SEBI (COLLECTIVE INVESTMENT SCHEMES) REGULATION, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 27-AUG-2004

27-AUG-2004

351

ORIENT SHARE & STOCK BROKERS LTD.

(Member : BSE)

DECLARED DEFAULTER BY THE EXCHANGE AND EXPELLED

DID NOT ADHERE TO THE PROVISION OF SEBI ACT, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 12-JUN-2003

12-JUN-2003

352

P.A.FINANCIAL SERVICES LTD.

(Member : OTC)

DID NOT PAY FEES TO SEBI

DECLARED DEFAULTER BY THE EXCHANGE AND EXPELLED

CANCELLED REGISTRATION AS STOCK BROKER FROM 23-JAN-2008

23-JAN-2008

353

P.A.THOMAS THARAKAN

(Member : COCSE)

DID NOT ADHERE TO SEBI (COLLECTIVE INVESTMENT SCHEMES) REGULATION, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 16-FEB-2005

16-FEB-2005

354

P.AGARWAL & CO.

(Member : UPSE)

PRASHANT AGARWAL

DID NOT ADHERE TO SEBI (COLLECTIVE INVESTMENT SCHEMES) REGULATION, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 29-SEP-2004

29-SEP-2004

355

P.D.AGRAWAL,M/S

(Member : MGSE)

P.D.AGRAWAL

DECLARED DEFAULTER BY THE EXCHANGE

DEALT AND INTRODUCED TAINTED/STOLEN/FABRICATED/DUPLICATE SHARES

DID NOT ADHERE TO THE PROVISION OF SEBI ACT, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 02-MAY-2000

02-MAY-2000

356

P.D.RAI & CO.

(Member : OTC)

PARAMJEET D.RAI

DECLARED DEFAULTER BY THE EXCHANGE AND EXPELLED

DID NOT ADHERE TO THE PROVISION OF SEBI ACT, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 22-JUN-2004

22-JUN-2004

357

P.J.BAHADUR,M/S

(Member : MGSE)

P.J.BAHADUR

DECLARED DEFAULTER BY THE EXCHANGE

DEALT AND INTRODUCED TAINTED/STOLEN/FABRICATED/DUPLICATE SHARES

DID NOT ADHERE TO THE PROVISION OF SEBI ACT, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 02-MAY-2000

02-MAY-2000

358

P.K.INVESTMENTS

(Member : MNGSE)

P.K.MALLYA

DID NOT ADHERE TO SEBI (COLLECTIVE INVESTMENT SCHEMES) REGULATION, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 22-OCT-2002

22-OCT-2002

359

P.K.WADHWA & CO.

(Member : DSE)

P.K.WADHWA

DID NOT ADHERE TO SEBI (COLLECTIVE INVESTMENT SCHEMES) REGULATION, 1992

CANCELLED REGISTRATION AS STOCK BROKER FROM 22-OCT-2002

22-OCT-2002

360