| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 341 |
|
RAJENDRAN SIVASHANKARAN
(PAN:AVAPS0218D)
|
|
|
|
SANRAA MEDIA LTD.
PAN:AAACS9093A
|
|
INDULGED IN APPROVAL OF BOARD RESOLUTION VIOLATING SECTION 12A (A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SANRAA MEDIA LTD.
|
IMPOSED PENALTY RS.10,00,000 ALONG WITH OTHER ENTITIES/PERSONS
29-NOV-2019
|
SEBI VIDE ITS NOTICE DATED 23/08/2022 CERTIFIED THAT RS.1,34,01,000.00 IS DUE FROM MR.SUKUMAR SUBRAMANIAN, MR.RAJEEV AGARWAL, MR.KRISHNAN RAJAGOPAL AND MR.RAJENDRAN SIVASHANKARAN JOINTLY AND SEVERALLY
SEBI VIDE ITS NOTICE DATED 07/11/2022 CONSIDERING THE ORDER OF HON’BLE SAT DATED 02/09/2022 MODIFIED RECOVERY AMOUNT TO RS 1,37,01,000.00 DUE FROM MR.RAJEEV AGARWAL AND MR.RAJENDRAN SIVASHANKARAN PAYABLE JOINTLY AND SEVERALLY
SEBI VIDE ITS NOTICE DATED 11/09/2020 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 25/01/2023 CONDONED THE DELAY IN FILING OF APPEAL. PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY AMOUNT TO RS.10 LAC FROM RS.1 CRORE
SEBI VIDE ITS ORDER DATED 10/02/2023 DIRECTED ALL THE BANKS TO REMIT RS.14,01,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF MR.RAJENDRAN SIVASHANKARAN TO SEBI BY WAY OF EFT/NEFT/RTGS
|
| 342 |
|
|
RAJENDRAPASAD K.JHUNJHUNWALA
|
|
|
|
JHUNJHUNWALA STOCK BROKERS PVT.LTD.
(Member : BSE)
|
|
VIOLATED REGULATION 4 OF SEBI (PFUTP) REGULATIONS, 1995
DEALT IN SECURITIES VIOLATING REGULATION 4 OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992
ALLEGED VIOLATION OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
DISCHARGED
|
| 343 |
|
|
RAJESH B.JHUNJHUNWALA
(PAN:AATPJ3401H)
|
|
|
|
TULSI EXTRUSIONS LTD.
CIN:L29120MH1994PLC081182
PAN:AAACT8441P
|
|
INDULGED IN FACILITATING SUBSCRIPTION OF GDRS BY VINTAGE FZE, UAE THROUGH FINANCE OBTAINED FROM EURAM BANK, AUSTRIA FOR SUBSCRIPTION OF GDR AND ISSUER COMPANY (TULSI) PLEDGED GDR WITH EURAM BANK VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D) & 4(1) OF PFUTP REGULATIONS, 2003 IN MATTER OF TULSI EXTRUSIONS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 28-MAR-2019 TO 27-MAR-2021
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 28-MAR-2019 TO 27-MAR-2021
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
28-MAR-2019
|
|
| 344 |
|
|
RAJESH BHATIA
(PAN:AAHPB9438N)
|
|
|
|
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
|
| 345 |
|
|
RAJESH C.TALSANIA
|
|
|
|
ACCURATE EXPORTS LTD.
|
|
VIOLATED SECTION 11 (C) 6 OF SEBI ACT, 1992
VIOLATED SECTION 6(A) OF SEBI (PFUTP) REGULATIONS, 1995
|
PROSECUTION LAUNCHED
15-MAY-2006
|
COMPOUNDED ON PAYMENT OF PENALTY AMOUNT AND LEGAL COST OF RS.2,63,250.00
|
| 346 |
|
|
RAJESH DURGALAL S.
|
|
|
VIOLATED SEBI (PFUTP) REGULATIONS, 1995
VIOLATED SEBI TAKEOVER CODE, 1997
|
PROSECUTION LAUNCHED
30-SEP-2011
|
|
| 347 |
|
|
RAJESH KUMAR VITHABHAI PATEL
|
|
|
|
EXCELL MULTITECH LTD.
|
|
|
KARVY STOCK BROKING LTD.
PAN:AABCK5190K
(Member : BSE/NSE/HSE)
|
|
|
SEER FINLEASE PVT.LTD.
|
|
|
TAURAS INFOSYS LTD.
|
|
|
ZENET SOFTWARE LTD.
PAN:AAACZ0978K
|
|
FILED APPLICATION FOR SUBSCRIPTION AND/OR ACQUISITION OF SHARES IN FICTITIOUS NAME
VIOLATED SECTION 12A OF SEBI ACT.,1992
VIOLATED SECTION 24 (1) OF SEBI ACT, 1992
VIOLATED SEBI (PFUTP) REGULATIONS, 1995
VIOLATED SECURITIES CONTRACTS (REGULATION) ACT, 1956
VIOLATED SEBI DEPOSITORIES ACT, 1996
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 348 |
|
|
RAJESH MEHTA
|
|
|
|
RAJESH EXPORTS LTD.
|
|
VIOLATED REGULATION 4(A) OF SEBI (PFUTP) REGULATIONS, 1995
VIOLATED SECTION 4(C) OF SEBI (PFUTP) REGULATIONS, 1995
|
PROSECUTION LAUNCHED
15-MAY-2006
|
THE OFFENCE WAS COMPOUNDED ON PAYMENT OF RS.4,46,05,651.00 TO SEBI
|
| 349 |
|
|
RAJESH PAVITHRAN
(PAN:AAZPN1547N)
|
|
|
INDULGED IN FINANCING OF OWN GDR ISSUE AND MISLED INVESTORS BY MAKING FALSE DISCLOSURES TO SEBI VIOLATING SECTION 12(A) TO (C) OF SEBI ACT. READ WITH REGULATIONS 3(B) TO 3(D) & 4(2)(C), 4(2)(F), 4(2)(K) AND 4(2)(R) OF PFUTP REGULATIONS, 2003 IN MATTER OF GDR ISSUES OF K SERA SERA LTD. (NOW KNOWN AS KSS LTD.)
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 05-SEP-2017 TO 04-SEP-2027
DIRECTED NOT TO DEAL IN SECURITIES OR INSTRUMENT WITH INDIAN SECURITIES AS UNDERLYING, IN ANY MANNER WHATSOEVER FROM 05-SEP-2017 TO 04-SEP-2027
05-SEP-2017
|
SAT: SAT VIDE ITS ORDER DATED 30/10/2017 UPHELD SEBI’S ORDER DATED 05/09/2017 AND PERMITTED APPELLANT TO LIQUIDATE THE SHARES LYING IN HIS DEMAT ACCOUNT WITHIN A PERIOD OF THREE MONTHS FROM THE DATE OF THIS ORDER. NO COSTS
|
| 350 |
|
|
RAJESH PAVITHRAN
(PAN:AAZPN1547N)
|
|
|
|
KSS LTD.
PAN:AAACG5103D
|
|
INDULGED IN FINANCING OF OWN GDR ISSUE AND MISLED INVESTORS BY MAKING FALSE DISCLOSURES TO SEBI VIOLATING SECTION 12(A) TO (C) OF SEBI ACT. READ WITH REGULATIONS 3(B) TO 3(D) & 4(2)(C), 4(2)(F), 4(2)(K) AND 4(2)(R) OF PFUTP REGULATIONS, 2003 IN MATTER OF GDR ISSUES OF K SERA SERA LTD. (NOW KNOWN AS KSS LTD.)
|
IMPOSED PENALTY RS.20,00,000
25-JAN-2021
|
SAT: SAT VIDE ITS ORDER DATED 13/05/2021 PUT UP MATTER ON 18/05/2021. IN THE MEANWHILE, RESPONDENT MAY FILE A SHORT AFFIDAVIT SHOWING PROOF OF SERVICE OF SUMMONS UPON THE APPELLANT
SAT: SAT VIDE ITS ORDER DATED 18/05/2021 DIRECTED TO FILE REJOINDER WITHIN 48 HOURS
SAT: SAT VIDE ITS ORDER DATED 21/05/2021 CONDONED THE DELAY OF 5 DAYS IN FILING OF APPEAL. APPEAL ALLOWED AND SET ASIDED IMPUGNED ORDER DATED 25/01/2021. MATTER REMITTED TO AO TO PASS A FRESH ORDER
SEBI VIDE ITS ORDER DATED 23/09/2022 REDUCED PENALTY TO RS.20 LAC FROM RS.1 CRORE U/S 15HA OF SEBI ACT.
|
| 351 |
|
|
RAJESH RAMANLAL SHAH
|
|
|
|
HARIYANA METALS LTD.
|
|
|
SHRI GOPAL FINANCE LTD.
|
|
VIOLATED REGULATION 3 OF SEBI (PFUTP) REGULATIONS, 1995
MADE FALSE STATEMENT ON OATH OR AFFIRMATION TO PUBLIC SERVANT (SECTION 181 – IPC)
VIOLATED REGULATION 4 OF SEBI (PFUTP) REGULATIONS, 1995
|
PROSECUTION LAUNCHED
15-MAY-2006
|
CHIEF METROPOLITAN MAGISTRATE ESPLANADE COURT MUMBAI VIDE ITS ORDER DATED 12/02/2014 DISPOSED OFF THE CASE
|
| 352 |
|
|
RAJESH SAKHARIE
|
|
|
|
ADAM COMSOF LTD.
PAN:AABCA2067R
|
|
|
ADSUL TRADING PVT.LTD.
|
|
|
CAVALIER SECURITIES LTD.
PAN:AAACC6370Q
|
|
|
KOLAR SHAREX PVT.LTD.
PAN:AAACK6474D
|
|
|
MASTERMIND MERCANTILE CO-OP.LTD.
|
|
|
MILLION INVESTRADE LTD.
|
|
|
SANGAM INFOTECH PVT.LTD.
PAN:AAGCS2995F
|
|
VIOLATED SEBI (PFUTP) REGULATIONS, 1995
VIOLATED SEBI TAKEOVER CODE, 1997
|
PROSECUTION LAUNCHED
30-SEP-2011
|
|
| 353 |
|
|
RAJIV R.KOTIA
(PAN:AEJPK0374C)
(Along with : ASHOK MODI,
SHARAD GANDHI)
|
|
|
|
SUNGOLD CAPITAL LTD.
PAN:AAJCS0998M
|
|
DID NOT SUBMIT CORRECT SHAREHOLDING PATTERN TO STOCK EXCHANGES BY CLASSIFYING SHAREHOLDING OF PROMOTER GROUP AS PUBLIC HOLDING VIOLATION REGULATION 3 (D) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SUNGOLD CAPITAL LTD.
|
IMPOSED PENALTY RS.10,00,000 ALONG WITH OTHER ENTITIES/PERSONS
30-JUN-2017
|
SAT: SAT VIDE ITS ORDER DATED 12/06/2019 CONDONED THE DELAY OF 5 DAYS IN FILING OF APPEAL. APPEAL DISMISSED. NO COSTS
SAT: SAT VIDE ITS ORDER DATED 03/03/2020 REJECTED THE REVIEW APPLICATION
|
| 354 |
|
|
RAJKUMAR AGGARWAL
(PAN:AAPPA8159F)
|
|
|
|
BHORUKA ALUMINIUM LTD.
PAN:AAACB8073D
|
|
INDULGED IN FACILITATING SUBSCRIPTION OF GDRS BY VINTAGE FZE, UAE THROUGH FINANCE OBTAINED FROM EURAM BANK, AUSTRIA FOR SUBSCRIPTION OF GDR AND ISSUER COMPANY (BHORUKA) PLEDGED GDR WITH EURAM BANK VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D) & 4(1) OF PFUTP REGULATIONS, 2003 IN MATTER OF BHORUKA ALUMINIUM LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-MAR-2019 TO 21-MAR-2024
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 22-MAR-2019 TO 21-MAR-2024
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
22-MAR-2019
|
|
| 355 |
|
|
RAJKUMAR C.BASANTANI
(PAN:AESPB2834F)
|
|
|
VIOLATED SEBI (PFUTP) REGULATIONS, 1995
VIOLATED SEBI TAKEOVER CODE, 1997
INDULGED IN INSIDER TRADING
|
PROSECUTION LAUNCHED
31-MAR-2011
|
|
| 356 |
|
|
RAJKUMAR C.BASANTANI
(PAN:AESPB2834F)
|
|
|
|
ADAM COMSOF LTD.
PAN:AABCA2067R
|
|
|
ADSUL TRADING PVT.LTD.
|
|
|
CAVALIER SECURITIES LTD.
PAN:AAACC6370Q
|
|
|
KOLAR SHAREX PVT.LTD.
PAN:AAACK6474D
|
|
|
MASTERMIND MERCANTILE CO-OP.LTD.
|
|
|
MILLION INVESTRADE LTD.
|
|
|
SANGAM INFOTECH PVT.LTD.
PAN:AAGCS2995F
|
|
VIOLATED SEBI (PFUTP) REGULATIONS, 1995
VIOLATED SEBI TAKEOVER CODE, 1997
|
PROSECUTION LAUNCHED
30-SEP-2011
|
|
| 357 |
|
|
RAJKUMAR C.BASANTANI
(PAN:AESPB2834F)
|
|
|
|
SOUNDCRAFT INDUSTRIES LTD.
PAN:AABCS3556M
|
|
VIOLATED REGULATIONS 4 (A) TO (D) OF SEBI (PFUTP) REGULATIONS, 1995
FAILED TO PAY PENALTY
VIOLATED SECTION 11 (C) 6 OF SEBI ACT, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
CASE DISMISSED BY COURT. APPLICATION FOR RESTORATION FILED BY SEBI IS PENDING
CASE DISMISSED BY COURT. REVISION PETITION FILED BY SEBI IS PENDING BEFORE BOMBAY HIGH COURT
|
| 358 |
|
|
RAKESH PANDYA
|
|
|
|
BONANZA BIOTECH LTD.
|
|
VIOLATED SECTION 11 (C) 6 OF SEBI ACT, 1992
VIOLATED REGULATION 3 OF SEBI (PFUTP) REGULATIONS, 1995
FAILED TO PAY PENALTY
VIOLATED REGULATIONS 4 (A) TO (D) OF SEBI (PFUTP) REGULATIONS, 1995
|
PROSECUTION LAUNCHED
15-MAY-2006
|
CASE DISMISSED BY COURT. IN REVISION FILED BY SEBI, THE CASE AGAINST ACCUSED NO. 1, 2 AND OTHER DIRECTORS OF ACCUSED NO. 1 WERE COMPOUNDED ON PAYMENT OF RS. 7,75,000/- AND CASE AGAINST ACCUSED NO. 3 TO 9 PENDING IN SESSION COURT
CLUBBED WITH CONSENT FOR RS.7,75,000
|
| 359 |
|
|
RAKESH SURESHCHANDRA SHAH
|
|
|
|
EXCELL MULTITECH LTD.
|
|
|
KARVY STOCK BROKING LTD.
PAN:AABCK5190K
(Member : BSE/NSE/HSE)
|
|
|
SEER FINLEASE PVT.LTD.
|
|
|
TAURAS INFOSYS LTD.
|
|
|
ZENET SOFTWARE LTD.
PAN:AAACZ0978K
|
|
FILED APPLICATION FOR SUBSCRIPTION AND/OR ACQUISITION OF SHARES IN FICTITIOUS NAME
VIOLATED SECTION 12A OF SEBI ACT.,1992
VIOLATED SECTION 24 (1) OF SEBI ACT, 1992
VIOLATED SEBI (PFUTP) REGULATIONS, 1995
VIOLATED SECURITIES CONTRACTS (REGULATION) ACT, 1956
VIOLATED SEBI DEPOSITORIES ACT, 1996
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 360 |
|
|
RAM NARAIN PANDEY
|
|
|
|
BELLARY STEELS & ALLOYS LTD.
|
|
VIOLATED SEBI (PFUTP) REGULATIONS, 1995
|
PROSECUTION LAUNCHED
31-MAR-2010
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 18 of 25
|
