| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 361 |
|
PRAXIS HOME RETAIL LTD.
(CIN:212866
PAN:AAECG1127D)
|
|
|
ALLEGED DELAY IN MAKING DISCLOSURE OF MATERIAL EVENTS TO STOCK EXCHANGES VIOLATING REGULATIONS 4(1)(D), 4(1)(E), 30(2), 30(6), 30(7) READ WITH PARA 16(B), (C) AND (D) OF PARA A OF SCHEDULE III OF SEBI (LODR) REGULATIONS, 2015
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.20,25,000 VIDE CONSENT ORDER)
27-DEC-2021
|
|
| 362 |
|
|
PREMIER POLYFILM LTD.
(PAN:AAACP0371Q)
|
|
|
DID NOT OBTAIN PRIOR APPROVAL FROM AUDIT COMMITTEE FOR RELATED PARTIES TRANSACTIONS ENTERED WITH SEVERAL OTHER RELATED PARTIES VIOLATING REGULATION 23(2) OF SEBI (LODR) REGULATIONS, 2015
DID NOT OBTAIN PRIOR APPROVAL FROM SHAREHOLDERS FOR MATERIAL RELATED PARTY TRANSACTIONS ENTERED WITH RMG POLYVINYL INDIA LTD. VIOLATING REGULATIONS 23(4) OF SEBI (LODR) REGULATIONS, 2015
MADE WRONG DISCLOSURE OF RELATED PARTY TRANSACTIONS IN HALF YEARLY STATEMENTS TO STOCK EXCHANGES WITH RESPECT TO VALUE OF RELATED PARTY TRANSACTIONS ENTERED WITH RMG POLYVINYL INDIA LTD. VIOLATING REGULATIONS 23(9) READ WITH 4(1)(E) OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.3,00,000
09-DEC-2024
|
|
| 363 |
|
|
PRIDE PROPERTIES PVT.LTD.
(PAN:AAACP1130D)
|
|
|
DID NOT INFORM STOCK EXCHANGE OR DISCLOSE ON BSE WEBSITE INFORMATION AFFECTING PAYMENT OF INTEREST AND REDEMPTION INCLUDING DEFAULT AND POSTPONEMENT OF REPAYMENT DATES VIOLATING REGULATIONS 51(1) AND 51(2) READ WITH CLAUSE A(11) OF PART B OF SCHEDULE III OF SEBI (LODR) REGULATIONS, 2015
DID NOT MAINTAIN FUNCTIONAL WEBSITE VIOLATING REGULATION 51(3) OF SEBI (LODR) REGULATIONS, 2015
DID NOT INTIMATE STOCK EXCHANGES REGARDING STATUS OF INTEREST PAYMENT DUE ON 28/03/2023 VIOLATING REGULATION 57 OF SEBI (LODR) REGULATIONS, 2015
DID NOT OBTAIN PRIOR APPROVAL FROM STOCK EXCHANGES FOR ANY MATERIAL MODIFICATION IN STRUCTURE OF NCDS/NCRPS VIOLATING REGULATION 59 OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.5,00,000
18-MAR-2024
|
SEBI VIDE ITS NOTICE DATED 10/05/2024 DIRECTED TO PAY RS.5,16,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 11/07/2024 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 25/09/2024 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.5,16,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG
|
| 364 |
|
|
PRO FIN CAPITAL SERVICES LTD.
(PAN:AAACP0251F)
|
|
|
DID NOT OBTAIN IN-PRINCIPAL APPROVAL FROM STOCK EXCHANGES FOR ISSUE OF CONVERTIBLE WARRANTS VIOLATING REGULATION 28(1) OF SEBI (LODR) REGULATIONS, 2015
ALLOTTED CONVERTIBLE WARRANTS @RS.31.00 LESS THAN THE MINIMUM ISSUE PRICE OF RS.32.74 VIOLATING REGULATION 164(1) OF SEBI (ICDR) REGULATIONS, 2018
|
IMPOSED PENALTY RS.3,00,000
31-MAY-2024
|
SEBI VIDE ITS NOTICE DATED 27/08/2024 DIRECTED TO PAY RS.3,10,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 16/09/2024 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 26/09/2024 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 16/09/2024
|
| 365 |
|
|
PTC INDIA FINANCIAL SERVICES LTD.
|
|
|
|
RAJIB KUMAR MISHRA
PAN:ACTPM1580A
|
|
DID NOT MAKE APPOINTMENTS TO NOMINATION AND REMUNERATION COMMITTEE (NRC) TO COMPLETE ITS QUORUM IN TIMELY MANNER
DID NOT DISCHARGE DUTY AS BOARD OF MEMBERS
RECONSTITUTED AUDIT COMMITTEE PRIOR TO SUBMISSION OF FORENSIC AUDIT REPORT-2022
DID NOT EXERCISE FUNCTIONAS MEMBERS OF AUDIT COMMITTEE
|
RESTRAINED FROM HOLDING ANY POSITION OF DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY OR ANY INTERMEDIARY REGISTERED WITH SEBI AND FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY OR PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC OR ANY INTERMEDIARY REGISTERED WITH SEBI FROM 12-JUN-2024 TO 11-DEC-2024
IMPOSED PENALTY RS.10,00,000
12-JUN-2024
|
|
| 366 |
|
|
PTC INDIA FINANCIAL SERVICES LTD.
|
|
|
|
PAWAN SINGH
PAN:AEUPS9882E
|
|
DID NOT MAKE DISCLOSURE OF CRITICAL MATERIAL INFORMATION CONTAINED IN FORENSIC AUDIT REPORT-2018 AND DID NOT FULFIL ROLE AND RESPONSIBILITY AS BOARD MEMBER BY DELAYING SUPPLY OF INFORMATION TO COMMITTEE OF IDS (COIDS) AND CONSISTENTLY DELAYING IMPLEMENTATION OF BOARD DECISIONS
CHANGED TERMS & CONDITIONS OF THE LOAN GRANTED TO PATEL DARAH - JHALAWAR HIGHWAY PVT. LTD. WITHOUT APPROVAL OF THE BOARD OF PTC INDIA FINANCIAL SERVICES LTD.
DELAY IN COMMENCEMENT OF FORENSIC AUDIT AND DID NOT CO-OPERATION WITH FORENSIC AUDITOR
DELAY IN MAKING DISCLOSURE TO STOCK EXCHANGES REGARDING RESIGNATION OF MS.SUSHMA NATH
DID NOT MAKE APPOINTMENTS TO NOMINATION AND REMUNERATION COMMITTEE (NRC) TO COMPLETE ITS QUORUM IN TIMELY MANNER
DID NOT DISCHARGE DUTY AS BOARD OF MEMBERS
RECONSTITUTED AUDIT COMMITTEE PRIOR TO SUBMISSION OF FORENSIC AUDIT REPORT-2022
DID NOT EXERCISE FUNCTIONAS MEMBERS OF AUDIT COMMITTEE
|
RESTRAINED FROM HOLDING ANY POSITION OF DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY OR ANY INTERMEDIARY REGISTERED WITH SEBI AND FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY OR PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC OR ANY INTERMEDIARY REGISTERED WITH SEBI FROM 12-JUN-2024 TO 11-JUN-2026
IMPOSED PENALTY RS.25,00,000
12-JUN-2024
|
|
| 367 |
|
|
PUNJAB CHEMICALS & CROP PROTECTION LTD.
(PAN:AAACP9904H)
|
|
|
ALLEGED FAILURE IN MAKING DISCLOSURE TO STOCK EXCHANGES ABOUT OUTSTANDING DEBT (LIABILITIES) OF SUBSIDIARY COMPANIES VIOLATING REGULATIONS 4(1)(D), 4(1)(H), 4(1)(J), 4(2)(D)(III), 30(2), 30(4)(I) AND 30(9) CLAUSES 5 PART B OF SCHEDULE III READ WITH REGULATION 30 OF SEBI (LODR) REGULATIONS, 2015
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.21,67,500 VIDE CONSENT ORDER)
25-MAR-2021
|
|
| 368 |
|
|
PVP VENTURES LTD.
(PAN:AAACS3101P)
|
|
|
DID NOT SUBMIT NO DEFAULT STATEMENT (NDS) TO CREDIT RATING AGENCIES VIOLATING REGULATION 8 OF SEBI (LODR) REGULATIONS 2015 READ WITH CLAUSE 1(A) AND/OR CLAUSE 1(C) OF SEBI CIRCULAR DATED 30/06/2017
|
IMPOSED PENALTY RS.14,00,000
19-JUN-2024
|
SAT: SAT VIDE ITS ORDER DATED 27/08/2024 GRANTED RESPONDENT FOUR WEEKS TO FILE REPLY AND REJOINDER TO BE FILED WITHIN TWO WEEKS THEREAFTER. DIRECTED TO DEPOSIT RS.5 LAC WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 22/01/2025 GRANTED APPELLANT THREE WEEKS TO FILE REJOINDER
|
| 369 |
|
|
PVR LTD.
|
|
|
|
AJAY BIJLI
|
|
ALLEGED FAILURE IN COMPLIANCE OF CLAUSE 36 OF ERSTWHILE LISTING AGREEMENT AND CORRESPONDING PROVISION OF REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.2,80,500 VIDE CONSENT ORDER)
24-JAN-2018
|
|
| 370 |
|
|
QUASAR INDIA LTD.
(PAN:AAACQ0219Q)
|
|
|
|
ANKIT AGARWAL
PAN:AIOPA4947L
|
|
|
GANESH PRASAD GUPTA
PAN:AHEPG4955F
|
|
|
YOGESH BANSAL
PAN:AIJPB0977G
|
|
DID NOT UTILIZE FUNDS RAISED THROUGH PREFERENTIAL ALLOTMENTS AS STATED IN OBJECTS OF ISSUE VIOLATING SECTIONS 12(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(F) AND (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF QUASAR INDIA LTD.
DID NOT UTILIZE FUNDS RAISED THROUGH PREFERENTIAL ALLOTMENTS AS STATED IN OBJECTS OF ISSUE AND DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES VIOLATING CLAUSES 43 OF ERSTWHILE LISTING AGREEMENT (NOW REGULATION 32 OF SEBI (LODR) REGULATIONS, 2015) READ WITH SECTION 21 OF SCRA, 1956
|
IMPOSED PENALTY RS.12,00,000
10-OCT-2022
|
SAT: SAT VIDE ITS ORDER DATED 28/02/2023 PARTLY ALLOWED THE APPEAL. AFFIRMED PENALTY IMPOSED U/S 12A OF SEBI, 1992 READ WITH REGULATIONS 3 AND 4 OF SEBI (PFUTP) REGULATIONS AND QUASHED PENALTY IMPOSED U/S 23E OF SCRA IMPUGNED ORDER DATED 10/10/2022
SEBI VIDE ITS NOTICE DATED 15/03/2023 DIRECTED TO PAY RS.7,43,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 31/03/2023 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.6316 OF 2023 DATED 15/03/2023
|
| 371 |
|
|
QUEST FINANCIAL SERVICES LTD.
(CIN:L65993WB1980PLC033060
PAN:AAACQ0461C)
|
|
|
|
PRAKASH KUMAR JAJODIA
PAN:ACOPJ3493L
|
|
|
RABINDRA KUMAR HISARIA
PAN:AASPH1680H
|
|
DID NOT FURNISH INFORMATION AND DID NOT COOPERATE WITH FORENSIC AUDITOR
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF QUEST FINANCIAL SERVICES LTD. AND SUBSIDIARIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO (D), 4(1), 4(2) (F) AND (R) OF SEBI (PFUTP) REGULATION, 2003
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF QUEST FINANCIAL SERVICES LTD. AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF QUEST FINANCIAL SERVICES 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 21-MAR-2022 TO 20-MAR-2023
IMPOSED PENALTY RS.15,00,000
21-MAR-2022
|
SAT: SAT VIDE ITS ORDER DATED 16/09/2022 CONDONED THE DELAY IN FILING OF APPEAL
SAT: SAT VIDE ITS ORDER DATED 01/11/2022 DISMISSED THE APPEAL FOR WANT OF PROSECUTION
SAT: SAT VIDE ITS ORDER DATED 01/12/2023 CONDONED THE DELAY IN FILING OF APPEAL AND RECALLED ORDER DATED 01/11/2023
SAT: SAT VIDE ITS ORDER DATED 04/12/2023 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY AMOUNT TO RS.15 LAC FROM RS.40 LAC
|
| 372 |
|
|
QUEST FINANCIAL SERVICES LTD.
(CIN:L65993WB1980PLC033060
PAN:AAACQ0461C)
|
|
|
|
AMIT JAJODIA
PAN:ACXPJ4921E
|
|
|
BIJAY KUMAR AGARWAL
PAN:ACMPA7224N
|
|
|
JYOTI LOHIA
PAN:ABPPL4948Q
|
|
|
KISHAN KUMAR JAJODIA
PAN:ACUPJ9687L
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF QUEST FINANCIAL SERVICES LTD. AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF QUEST FINANCIAL SERVICES LTD.
DID NOT ADHERE TO REGULATION 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF QUEST FINANCIAL SERVICES 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 21-MAR-2022 TO 20-SEP-2022
IMPOSED PENALTY RS.12,00,000
21-MAR-2022
|
|
| 373 |
|
|
R T AGRO PVT.LTD.
(PAN:AACCR3014Q)
|
|
|
ABSTAINED FROM VOTING ON RESOLUTIONS INVOLVING RELATED PARTY TRANSACTIONS AS REQUIRED UNDER REGULATIONS 23(4) AND (7) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF R.T.EXPORTS LTD.
|
IMPOSED PENALTY RS.5,00,000
18-SEP-2019
|
SAT: SAT VIDE ITS ORDER DATED 21/01/2022 CONDONED THE DELAY IN FILING OF APPEAL AND QUASHED IMPUGNED ORDER DATED 18/09/2019. NO COSTS
|
| 374 |
|
|
RAHEJA ICON ENTERTAINMENT PVT.LTD.
|
|
|
DID NOT SUBMIT FINANCIAL RESULTS TO STOCK EXCHANGES VIOLATING REGULATION 52(1) OF SEBI (LODR) REGULATIONS, 2015
DID NOT MAKE DISCLOSURE OF LINE ITEMS WHILE SUBMITTING FINANCIAL RESULTS TO STOCK EXCHANGES VIOLATING REGULATION 52(4) OF SEBI (LODR) REGULATIONS, 2015
DID NOT SUBMIT CERTIFICATE SIGNED BY DEBENTURE TRUSTEE TO STOCK EXCHANGES NCDS VIOLATING REGULATION 52(5) OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.3,00,000
22-OCT-2020
|
|
| 375 |
|
|
RAJASTHAN STATE ROAD TRANSPORT CORP.LTD.
(PAN:AABCR7187B)
|
|
|
DELAY IN SUBMISSION OF HALF YEARLY FINANCIAL RESULTS TO STOCK EXCHANGES VIOLATING REGULATIONS 52(1), 52(4) AND 52(5) OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.1,00,000
29-JAN-2021
|
|
| 376 |
|
|
RAJASTHAN TUBE MANUFACTURING CO.LTD.
(PAN:AABCR1642P)
|
|
|
|
DEEPESH JAIN
PAN:AGQPJ9415L
|
|
|
DEEPIKA JAIN
PAN:ACEPJ7192A
|
|
|
HARISH CHAND JAIN
PAN:ABFPJ7588Q
|
|
|
MAHENDRA KUMAR JAIN
PAN:ACAPJ1335M
|
|
|
PRADEEP JAIN
PAN:ADIPJ0462E
|
|
|
RAJSHREE JAIN
PAN:ATCPP4599C
|
|
|
SAURABH JAIN
PAN:AFCPJ5870N
|
|
|
SUNIL KUMAR JAIN
PAN:ABOPJ9538R
|
|
MISREPRESENTED/ MANIPULATED FINANCIAL STATEMENTS VIOLATING SECTIONS 12(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RAJASTHAN TUBE MANUFACTURING CO.LTD.
MISREPRESENTED/ MANIPULATED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(A) TO 4(1)(E), 4(1)(G) TO 4(1)(J), 4(2)(E)(I), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH IND AS-1, SECTIONS 27(1) AND 27(2) AND SECTION 21 OF SCRA, 1956 IN MATTER OF RAJASTHAN TUBE MANUFACTURING CO.LTD.
INDULGED IN MISUTILISATION/ DIVERSION/ MISAPPROPRIATION OF FUNDS VIOLATING REGULATIONS 4(2)(E)(I), 4(2)(F)(I)(2), 4(2)(F)(II)(1)(2)(6)(7)(8), 4(2)(F)(III) (1),(3),(6),(7), (12) AND (13) OF SEBI (LODR) REGULATIONS, 2015 1956 IN MATTER OF RAJASTHAN TUBE MANUFACTURING CO.LTD.
|
IMPOSED PENALTY RS.7,00,000
04-SEP-2025
|
SEBI VIDE ITS NOTICE DATED 21/11/2025 DIRECTED TO PAY RS.7,22,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 01/12/2025 GRANTED SIX WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER AND NO COERCIVE ACTION TO RECOVER THE PENALTY AMOUNT SUBJECT TO DEPOSIT 50% PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 377 |
|
|
RAJESH ESTATES & NIRMAN PVT.LTD.
(CIN:U28991MH1996PTC099089
PAN:AAACR7599A)
|
|
|
DID NOT SUBMIT BANK DETAILS TO DEBENTURE TRUSTEES VIOLATING CLAUSE 3.2 OF SEBI CIRCULAR SEBI/HO/DDHS/CIR/P/103/2020 DATED 23/06/2020 READ WITH CLAUSE 4.1 OF CHAPTER XI OF SEBI CIRCULAR SEBI/HO/DDHS/P/CIR/2021/613 DATED 10/08/2021 READ WITH REGULATION 8 OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.1,00,000
28-FEB-2023
|
|
| 378 |
|
|
RAJESH EXPORTS LTD.
(PAN:AAACR8642N)
|
|
|
|
RAJESH JASVANTRAI MEHTA
PAN:ADKPM0172C
|
|
DISSEMINATED FINANCIAL STATEMENTS AND ANNUAL REPORTS TO STOCK EXCHANGES AND INVESTORS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(E), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RAJESH EXPORTS LTD.
PUBLISHED MISREPRESENTED FINANCIAL RESULTS AND ANNUAL FINANCIAL STATEMENTS TO STOCK EXCHANGES AND INVESTORS VIOLATING REGULATIONS 4(1)(C), 4(1)(E), 4(1)(G), 4(1)(H), 4(1)(J) AND 4(2)(E)(I) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RAJESH EXPORTS LTD.
DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONS VIOLATING REGULATION 34(3) READ WITH CLAUSE 1 OF PARA A OF SCHEDULE V OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RAJESH EXPORTS LTD.
DID NOT PLACE RELATED PARTY TRANSACTIONS BEFORE AUDIT COMMITTEE AND DID NOT OBTAIN PRIOR APPROVAL FOR SUCH TRANSACTIONS VIOLATING REGULATION 23(2) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RAJESH EXPORTS LTD.
DID NOT ADHERE TO ACCOUNTING STANDARDS INCLUDING IND AS 1, IND AS 21, IND AS 24, IND AS 32, IND AS 107, IND AS 110 AND IND AS 115 VIOLATING REGULATIONS 4(1)(A), 4(1)(B), 4(2)(E)(I), 33(1)(A), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RAJESH EXPORTS LTD.
DID NOT UPLOAD AUDITED FINANCIAL STATEMENTS OF ITS SUBSIDIARIES/STEP-DOWN SUBSIDIARIES ON WEBSITE VIOLATING REGULATION 46(2)(S) OF SEBI (LODR) REGULATIONS, 2015 AND SECTION 136(1) OF THE COMPANIES ACT, 2013 IN MATTER OF RAJESH EXPORTS LTD.
DID NOT PROVIDE INFORMATION TO SEBI
PROVIDED INCOMPLETE AND INACCURATE INFORMATION / DOCUMENTS
DID NOT CO-OPERATE WITH SEBI IN INSPECTION
|
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
DIRECTED SEBI TO APPOINT FORENSIC AUDITOR TO EXAMINE BOOKS OF ACCOUNTS
DIRECTED TO EXTEND NECESSARY CO–OPERATION TO FORENSIC AUDITOR/AUDIT FIRM APPOINTED AND FURNISH ALL INFORMATION/DOCUMENTS SOUGHT
DIRECTED TO MAKE TRUE AND FAIR DISCLOSURES OF THEIR FINANCIAL STATEMENTS, RELATED PARTY TRANSACTIONS AND OTHER DISCLOSURES IN TERMS OF LODR REGULATIONS, 2015
03-JUN-2026
|
SEBI VIDE ITS ORDER DATED 14/10/2026 CONFIRMED AND CONTINUED ITS DIRECTIONS ISSUED VIDE INTERIM ORDER DATED 03/06/2026. DIRECTED TO A) CONTINUE TO COOPERATE WITH INVESTIGATING AUTHORITY AND PROVIDE SUCH DOCUMENTS, INFORMATION AND EXPLANATIONS AS SOUGHT BY INVESTIGATING AUTHORITY IN CONNECTION WITH INVESTIGATION, INCLUDING DOCUMENTS AND INFORMATION REFERRED TO IN ANNEXURE-A TO THIS ORDER WITHIN SPECIFIED TIME BY INVESTIGATION AUTHORITY B) CONTINUE TO MAKE TRUE, FAIR, ACCURATE AND COMPLETE DISCLOSURES OF ITS FINANCIAL STATEMENTS, RELATED-PARTY TRANSACTIONS AND OTHER MATERIAL DISCLOSURES IN ACCORDANCE WITH APPLICABLE PROVISIONS OF SEBI ACT, 1992 AND REGULATIONS FRAMED THEREUNDER, INCLUDING LODR REGULATIONS, 2015 C) COOPERATE WITH FORENSIC AUDITOR AND PROVIDE ALL INFORMATION/DOCUMENTS ASKED FOR BY FORENSIC AUDITOR AND DIRECTED TO INVESTIGATING AUTHORITY EXPEDITIOUSLY COMPLETE INVESTIGATION IN THE MATTER WITHOUT BEING INFLUENCED BY FINDINGS IN THIS ORDER
|
| 379 |
|
|
RAJESH HOUSING PVT.LTD.
(PAN:AAHCR1769B)
|
|
|
DELAY IN SUBMISSION OF HALF YEARLY FINANCIAL RESULTS TO STOCK EXCHANGES VIOLATING REGULATIONS 52(1), 52(4) AND 52(5) OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.1,00,000
28-JAN-2021
|
|
| 380 |
|
|
RAJESH HOUSING PVT.LTD.
(PAN:AAHCR1769B)
|
|
|
DID NOT SUBMIT BANK DETAILS TO DEBENTURE TRUSTEES VIOLATING CLAUSE 3.2 OF SEBI CIRCULAR SEBI/HO/DDHS/CIR/P/103/2020 DATED 23/06/2020 READ WITH CLAUSE 4.1 OF CHAPTER XI OF SEBI CIRCULAR SEBI/HO/DDHS/P/CIR/2021/613 DATED 10/08/2021 READ WITH REGULATION 8 OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.1,00,000
28-FEB-2023
|
|
| 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 19 of 28
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