| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 361 |
|
RAM KRISHNA DALMIA FOUNDATION
(Along with : GHCL LTD.)
|
|
|
FILED FALSE AND MISLEADING REPORT ON SHAREHOLDING PATTERN WITH THE STOCK EXCHANGES
DID NOT MAKE DISCLOSURE OF SALE/TRANSFER OF SHARES OF PROMOTERS IN MATTER OF GHCL LTD.
MISLED INVESTORS BY GIVING FALSE SHAREHOLDING OF PROMOTERS OF GHCL LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 20-APR-2009 TILL FURTHER ORDERS
20-APR-2009
|
INTERIM DIRECTIONS ISSUED VIDE EX-PARTE AD-INTERIM ORDER DATED 20/04/2009 VACATED AS PER ORDER DATED 07/07/2009
|
| 362 |
|
|
RANA SUGARS LTD.
(PAN:AABCR6744C)
|
|
|
DID NOT MAKE DISCLOSURES (SUBSCRIPTION OF GDRS BY SEAZUN THROUGH ARRANGEMENT, ACCOUNT CHARGE AGREEMENT WITH BANCO AND NAMES OF ACTUAL SUBSCRIBERS) TO STOCK EXCHANGES VIOLATING SECTION 21 OF SCRA, 1956 READ WITH CLAUSE 36(7) OF LISTING AGREEMENT
|
IMPOSED PENALTY RS.10,00,000
28-FEB-2018
|
|
| 363 |
|
|
RANCHEM PVT.LTD.
|
|
|
INDULGED IN DIVERSION OF FUNDS OF RS.2315.09 CRORES (APPROX.) FROM RELIGARE FINVEST LTD. TO PROMOTERS AND THEIR RELATED ENTITIES VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D) & 4(1), 4(2)(F) AND 4(2) (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RELIGARE ENTERPRISES LTD.
DID NOT MAKE DISCLOSURE OF FUNDS ROUTED BY RELIGARE FINVEST LTD. THROUGH UNRELATED ENTITIES TO PROMOTERS AND PROMOTERS GROUP ENTITIES VIOLATING CLAUSE 32 OF LISTING AGREEMENT IN MATTER OF RELIGARE ENTERPRISES LTD.
MISREPRESENTATED FINANCIAL POSITION BY ROLLING OVER THE LOANS VIOLATING REGULATIONS 4(1)(B), (C), 30(1) AND 51(1) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 IN MATTER OF RELIGARE ENTERPRISES LTD.
|
DIRECTED NOT TO DIVERT ANY FUNDS EXCEPT TO MEET EXPENSES OF DAY-TO-DAY BUSINESS OPERATIONS WITHOUT PRIOR PERMISSION OF SEBI
14-MAR-2019
|
SEBI VIDE ITS ORDER DATED 11/09/2019 DIRECTED NOT TO DISPOSED OFF OR ALIENATE ANY OF THEIR ASSETS OR DIVERT ANY FUNDS, EXCEPT TO MEET EXPENSES OF DAY-TO-DAY BUSINESS OPERATIONS WITHOUT PRIOR PERMISSION OF SEBI TILL COMPLETION OF INVESTIGATION AND FURTHER ORDERS
SEBI VIDE ITS ORDER DATED 12/11/2020 REVOKED ITS DIRECTIONS ISSUED VIDE INTERIM ORDER DATED 14/03/2019 READ WITH CORRIGENDUM ORDER DATED 18/04/2019
|
| 364 |
|
|
RANK AQUA ESTATES LTD.
|
|
|
|
D.V.RAMESH
|
|
|
KANNEGANTHI SRINIVASA RAO
|
|
|
SOMAPALLI JAYADEV
|
|
DID NOT ADHERE TO LISTING AGREEMENT
COMPANY WAS NOT LOCATED AT ITS REGISTERED OFFICE ADDRESS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 03-FEB-2000 TO 02-FEB-2005
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 03-FEB-2000 TO 02-FEB-2005
03-FEB-2000
|
|
| 365 |
|
|
RANKLIN SOLUTIONS LTD.
(PAN:AABCR6000R)
|
|
|
DECLARED DIVIDEND BUT NOT PAY FOR FY 2009-10 AND 2010-11 IN MATTER OF RANKLIN SOLUTIONS LTD.
DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES FOR NON IMPLEMENTATION OF ISSUE OF ADRS/GDRS AND DECLARATION OF DIVIDEND IN MATTER OF RANKLIN SOLUTIONS LTD.
|
IMPOSED PENALTY RS.10,00,000
07-MAY-2019
|
|
| 366 |
|
|
RAS POLYTEX PVT.LTD.
(PAN:AABCR5253Q)
(Along with : GANGA PAPERS INDIA LTD.)
|
|
|
|
ANJU KANORIA
PAN:ALWPK2230K
|
|
|
PRITU CHAUDHARY
PAN:AALPJ3714G
|
|
|
SADHNA KANORIA
PAN:ALWPK2231J
|
|
|
SAKET KANORIA
PAN:AQNPK2740G
|
|
|
SANDEEP KANORIA
PAN:ABXPK2231J
|
|
|
SANJAY KANORIA
PAN:ABXPK3879K
|
|
DELAY IN COMPLIANCE WITH MINIMUM PUBLIC SHAREHOLDING REQUIREMENT VIOLATING RULE 19(2)(B) AND RULE 19A OF SCR RULES, 1957 AND CLAUSE 40A OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956
|
IMPOSED PENALTY RS.10,00,000 ALONG WITH OTHER ENTITIES/PERSONS
24-APR-2017
|
SAT: SAT VIDE ITS ORDER DATED 01/11/2022 ALLOWED EXEMPTION APPLICATION AND REPLY TO BE FILED BY SEBI AND BSE WITHIN TWO WEEKS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 12/09/2023 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 05/12/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED EXEMPTION APPLICATION
|
| 367 |
|
|
RASOYA PROTEINS LTD.
(CIN:L15143MH1992PLC066662
PAN:AABCM1757C)
|
|
|
|
AJAY SINGH
PAN:AMOPS6983Q
|
|
|
ANIL NARAYAN LONKAR
PAN:AAHPL2701Q
|
|
|
PRASHANT GOVIND DUCHAKKE
PAN:AEGPD0977B
|
|
|
SAMEER YESHVANTRAO DAMLE
PAN:AFKPD2850C
|
|
DID NOT MAKE DISCLOSURES TO BSE AS REQUIRED UNDER CLAUSE 22 AND 36 OF LISTING AGREEMENT AND MADE FALSE & MISLESDING DISCLOSURES/REPRESENTATIONS IN ANNUAL REPORT OF RASOYA PROTIEN LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 24-SEP-2014 TO 22-OCT-2021
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 24-SEP-2014 TO 22-OCT-2021
DIRECTED NOT TO DEAL IN SECURITIES OR INSTRUMENT EXCHANGEABLE OR CONVERTIBLE INTO SECURITIES, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 24-SEP-2014 TO 22-OCT-2021
24-SEP-2014
|
|
| 368 |
|
|
RASOYA PROTEINS LTD.
(CIN:L15143MH1992PLC066662
PAN:AABCM1757C)
|
|
|
|
AJAY SINGH
PAN:AMOPS6983Q
|
|
|
ANIL NARAYAN LONKAR
PAN:AAHPL2701Q
|
|
|
PRASHANT GOVIND DUCHAKKE
PAN:AEGPD0977B
|
|
|
SAMEER YESHVANTRAO DAMLE
PAN:AFKPD2850C
|
|
INDULGED IN EMPLOYING FRAUDULENT PLAN/ARRANGEMENT, DEVICE, ARTIFICE AND CONTRIVANCE WITH REGARD TO SUBSCRIPTION OF GDRS AND CREATION OF UNDERLYING SHARES USING FAÇADE OF GDR ISSUE, MONETIZING THOSE GDRS THROUGH SALE OF UNDERLYING SHARES OF GDRS AND INDUCING AND ALLURING INDIAN INVESTORS TO DEAL IN SHARES OF RASOYA PROTEIN LTD.
INDULGED IN ISSUANCE OF FALSE & MISLEADING DISCLOSURES, MISREPRESENTATIONS AND ACTIVE CONCEALMENT OF MATERIAL INFORMATION WITH REGARD TO PLEDGE OF ENTIRE GDR SUBSCRIPTION AMOUNT OF RASOYA PROTEIN LTD.
DID NOT CO-OPERATE WITH SEBI DURING INVESTIGATIONS AND PROVIDED FALSE INFORMATION TO SEBI AND BSE IN MATTER OF RASOYA PROTEIN LTD.
DID NOT MAKE DISCLOSURES TO BSE AS REQUIRED UNDER CLAUSE 22 AND 36 OF LISTING AGREEMENT AND MADE FALSE & MISLESDING DISCLOSURES/REPRESENTATIONS IN ANNUAL REPORT OF RASOYA PROTIEN 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 22-OCT-2021 TO 21-OCT-2024
DIRECTED TO FURNISH CERTIFICATE FROM PEER REVIEWED CHARTERED ACCOUNTANTS ALONGWITH NECESSARY DOCUMENTARY EVIDENCES TO SEBI
DIRECTED TO CONTINUE TO PURSUE THE MEASURES OF BRING BACK OUTSTANDING USD 31,999,589.86 INTO ITS BANK ACCOUNT IN INDIA
DIRECTED NOT TO DEAL IN SECURITIES OR INSTRUMENT EXCHANGEABLE OR CONVERTIBLE INTO SECURITIES, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 22-OCT-2021 TO 21-OCT-2024
24-SEP-2014
|
SEBI VIDE ITS ORDER DATED 23/03/2015 CONFIRMED ITS DIRECTIONS ISSUED VIDE ITS AD INTERIM EX-PARTE ORDER DATED 24/09/2014
SAT: SAT VIDE ITS ORDER DATED 12/09/2017 DISPOSED OFF THE APPEAL AS THE COUNSEL FOR SEBI ON INSTRUCTION STATES THAT INVESTIGATION IN CASE OF APPELLANT WOULD BE COMPLETED WITHIN A PERIOD OF THREE MONTHS FROM DATE OF THIS ORDER AND IF DEEMED FIT SHOW CAUSE NOTICE WOULD BE ISSUED WITHIN A PERIOD OF TWO WEEKS THEREAFTER. NO COSTS
|
| 369 |
|
|
RAYMED LABS LTD.
|
|
|
|
KANTA SAINI
|
|
|
SUSHIL KUMAR SAINI
|
|
|
VIDYA SAGAR SAINI
|
|
DID NOT ADHERE TO LISTING AGREEMENT
COMPANY WAS NOT LOCATED AT ITS REGISTERED OFFICE ADDRESS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 28-FEB-2001 TO 27-FEB-2006
28-FEB-2001
|
|
| 370 |
|
|
RAYMED LABS LTD.
|
|
|
|
NEELAM SAINI
|
|
|
SANJAY MALHOTRA
|
|
DID NOT ADHERE TO LISTING AGREEMENT
COMPANY WAS NOT LOCATED AT ITS REGISTERED OFFICE ADDRESS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 11-MAY-2000 TO 10-MAY-2005
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 11-MAY-2000 TO 10-MAY-2005
11-MAY-2000
|
|
| 371 |
|
|
RDB RASAYANS LTD.
(PAN:AABCR2313M
CIN:007878)
|
|
|
|
MAHENDRA PRATAP SINGH
PAN:AIGPS3833B
|
|
|
SACHIN SHRIDHAR
PAN:AQGPS1313N
|
|
|
SANDEEP BAID
PAN:ADEPB3749A
|
|
|
SUNDER LAL DUGAR
PAN:ADRPD6905F
|
|
CHAIRED AUDIT COMMITTEE ALTHOUGH HE WAS WHOLE TIME DIRECTOR IN THE PRESENCE OF INDEPENDENT DIRECTOR VIOLATING CLAUSE 49 OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF RDB RASAYANS LTD.
SUPPRESSED/WITHHELD/FAILED TO MAKE MATERIAL DISCLOSURE IN PROSPECTUS REGARDING PROPOSAL AND APPROVAL FOR PASSING ON/GRANTING IPO PROCEEDS IN THE FORM OF INTER-CORPORATE LOAN TO GROUP COMPANY RDBRIL VIOLATING REGULATION 57 (1) AND (2) (A) READ WITH SCHEDULE VIII PART A (16) (B) AND 60 (4) OF ICDR REGULATIONS, 2009 IN MATTER OF RDB RASAYANS LTD.
DID NOT MAKE PROPER DISCLOSURE AND MADE MIS-STATEMENTS OF RELATED PARTIES IN PROSPECTUS
|
IMPOSED PENALTY RS.3,00,00,000 ALONG WITH OTHER ENTITIES/PERSONS
06-AUG-2014
|
|
| 372 |
|
|
READY FOODS LTD.
|
|
|
DID NOT ADHERE TO LISTING AGREEMENT
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 17-DEC-1999 TO 16-DEC-2004
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 17-DEC-1999 TO 16-DEC-2004
17-DEC-1999
|
|
| 373 |
|
|
REALTIME FINLEASE LTD.
(CIN:L65990MH1991PLC062703)
|
|
|
|
KUSHALRAJ P.MEHTA
|
|
DID NOT ADHERE TO LISTING AGREEMENT
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 19-JUL-1999 TO 18-JUL-2004
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 19-JUL-1999 TO 18-JUL-2004
19-JUL-1999
|
|
| 374 |
|
|
REALTIME FINLEASE LTD.
(CIN:L65990MH1991PLC062703)
|
|
|
|
MADAN I.JAIN
|
|
|
V.S.SUNDARARAMAN
|
|
DID NOT ADHERE TO LISTING AGREEMENT
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 17-DEC-1999 TO 16-DEC-2004
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 17-DEC-1999 TO 16-DEC-2004
17-DEC-1999
|
|
| 375 |
|
|
RELIANCE INDUSTRIES LTD.
(PAN:AAACR5055K)
|
|
|
DID NOT MAKE DISCLOSURE OF DILUTED EARNINGS PER SHARE (DEPS) TO STOCK EXCHANGES AS PRESCRIBED FOR QUARTERELY AND ANNUAL DISCLOSURES VIOLATING CLAUSE 41 OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 SUBSEQUENT TO ISSUANCE OF 12 CRORE WARRANTS TO ITS PROMOTERS ENTITLING THEM TO SUBSCRIBE EQUIVALENT NUMBER OF EQUITY SHARES
|
IMPOSED PENALTY RS.13,00,00,000
08-AUG-2014
|
SAT: SAT VIDE ITS ORDER DATED 16/12/2015 SET ASIDED THE IMPUGNED ORDER DATED 08/08/2014 AND REMANDED THE MATTER OF A DENOVO CONSIDERATION. SEBI TO ISSUE SUPPLEMENTARY SHOW CAUSE NOTICE. NO COSTS
SAT: SAT VIDE ITS ORDER DATED 10/02/2016 EXTENDED THE TIME TO ISSUE SUPPLEMENTARY SHOW-CAUSE NOTICE FOR EIGHT WEEKS FROM THE DATE OF THIS ORDER KEEPING ALL CONTENTIONS OF ALL THE PARTIES OPEN. NO COSTS
|
| 376 |
|
|
RELIGARE COMTRADE LTD.
(PAN:AAECR8405P)
|
|
|
INDULGED IN DIVERSION OF FUNDS OF RS.2315.09 CRORES (APPROX.) FROM RELIGARE FINVEST LTD. TO PROMOTERS AND THEIR RELATED ENTITIES VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D) & 4(1), 4(2)(F) AND 4(2) (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RELIGARE ENTERPRISES LTD.
DID NOT MAKE DISCLOSURE OF FUNDS ROUTED BY RELIGARE FINVEST LTD. THROUGH UNRELATED ENTITIES TO PROMOTERS AND PROMOTERS GROUP ENTITIES VIOLATING CLAUSE 32 OF LISTING AGREEMENT IN MATTER OF RELIGARE ENTERPRISES LTD.
MISREPRESENTATED FINANCIAL POSITION BY ROLLING OVER THE LOANS VIOLATING REGULATIONS 4(1)(B), (C), 30(1) AND 51(1) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 IN MATTER OF RELIGARE ENTERPRISES LTD.
|
DIRECTED NOT TO DIVERT ANY FUNDS EXCEPT TO MEET EXPENSES OF DAY-TO-DAY BUSINESS OPERATIONS WITHOUT PRIOR PERMISSION OF SEBI
14-MAR-2019
|
SEBI VIDE ITS ORDER DATED 11/09/2019 REVOKED ITS DIRECTION ISSUED VIDE ITS AD INTERIM EX-PARTE ORDER DATED 14/03/2019
|
| 377 |
|
|
RELIGARE ENTERPRISES LTD.
(PAN:AAACV5888N)
|
|
|
INDULGED IN DIVERSION OF FUNDS OF RS.2315.09 CRORES (APPROX.) FROM RELIGARE FINVEST LTD. TO PROMOTERS AND THEIR RELATED ENTITIES VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D) & 4(1), 4(2)(F) AND 4(2) (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RELIGARE ENTERPRISES LTD.
DID NOT MAKE DISCLOSURE OF FUNDS ROUTED BY RELIGARE FINVEST LTD. THROUGH UNRELATED ENTITIES TO PROMOTERS AND PROMOTERS GROUP ENTITIES VIOLATING CLAUSE 32 OF LISTING AGREEMENT IN MATTER OF RELIGARE ENTERPRISES LTD.
MISREPRESENTATED FINANCIAL POSITION BY ROLLING OVER THE LOANS VIOLATING REGULATIONS 4(1)(B), (C), 30(1) AND 51(1) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 IN MATTER OF RELIGARE ENTERPRISES LTD.
|
DIRECTED TO INITIATE STEPS TO RECALL ALL THE LOANS OF RS.2315.09 CRORES (APPROX.) EITHER DIRECTRLY OR INDIRECTLY ALONG WITH DUE INTEREST WITHIN THREE MONTHS FROM THE DATE OF THIS ORDER
14-MAR-2019
|
SEBI VIDE ITS ORDER DATED 11/09/2019 CONFIRMED THE DIRECTIONS ISSUED VIDE INTERIM ORDER SUBJECT TO MODIFICATIONS 1 . DIRECTED TO CONTINUE WITH STEPS TO RECALL THE LOANS OF RS.2065.09 CRORES (APPROX.) EXTENDED, EITHER DIRECTLY OR INDIRECTLY TO NOTICEE NOS. 5 TO 17 AND 19 TO 25 (VIZ. PLATINUM INFRASTRUCTURE PVT.LTD., AD ADVERTISING PVT.LTD., ARTIFICE PROPERTIES PVT. LTD., BEST HEALTH MANAGEMENT PVT.LTD., DEVERA DEVELOPERS PVT.LTD., VITOBA REALTORS PVT.LTD., FERN HEALTHCARE PVT.LTD., MODLAND WEARS PVT.LTD., ROSESTAR MARKETING PVT.LTD., STAR ARTWORKS PVT.LTD., TRIPOLI INVESTMENT & TRADING CO., VOLGA MANAGEMENT & CONSULTANCY PVT.LTD., ZOLTON PROPERTIES PVT.LTD., RHC HOLDING PVT.LTD., RANCHEM PVT.LTD., ANR SECURITIES, SHIVI HOLDINGS PVT.LTD., MALAV HOLDINGS PVT.LTD., MR.MALVINDER MOHAN SINGH AND MR.SHIVINDER MOHAN SINGH), ALONG WITH DUE INTEREST
|
| 378 |
|
|
RELIGARE ENTERPRISES LTD.
(PAN:AAACV5888N)
|
|
|
INDULGED IN DIVERSION OF FUNDS OF RS.2,473.66 CRORE (APPROX) OF RELIGARE FINVEST LTD. THROUGH SUBSIDIARY OF REL FOR BENEFIT OF PROMOTERS/PROMOTER GROUP ENTITIES VIOLATING REGULATIONS 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RELIGARE ENTERPRISES LTD.
INDULGED IN DIVERSION OF FUNDS OF RS.2,473.66 CRORE (APPROX) OF RELIGARE FINVEST LTD. THROUGH SUBSIDIARY OF REL FOR BENEFIT OF PROMOTERS/PROMOTER GROUP ENTITIES VIOLATING CLAUSES 32 AND 36 OF LISTING AGREEMENT IN MATTER OF RELIGARE ENTERPRISES LTD.
INDULGED IN DIVERSION OF FUNDS OF RS.2,473.66 CRORE (APPROX) OF RELIGARE FINVEST LTD. THROUGH SUBSIDIARY OF REL FOR BENEFIT OF PROMOTERS/PROMOTER GROUP ENTITIES VIOLATING CLAUSES 49(I)(C)(1)(A) AND 49(I)(C)(1)(D) OF LISTING AGREEMENT {POST CIRCULAR DATED 17/04/2014} READ WITH REGULATION 103 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RELIGARE ENTERPRISES LTD.
INDULGED IN DIVERSION OF FUNDS OF RS.2,473.66 CRORE (APPROX) OF RELIGARE FINVEST LTD. THROUGH SUBSIDIARY OF REL FOR BENEFIT OF PROMOTERS/PROMOTER GROUP ENTITIES VIOLATING REGULATIONS 4(1)(A) TO 4(1)(D), 4(1)(G) TO 4(1)(J), 30(1) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RELIGARE ENTERPRISES LTD.
INDULGED IN DIVERSION OF FUNDS OF RS.2,473.66 CRORE (APPROX) OF RELIGARE FINVEST LTD. THROUGH SUBSIDIARY OF REL FOR BENEFIT OF PROMOTERS/PROMOTER GROUP ENTITIES VIOLATING SECTION 21 OF SCRA, 1956 IN MATTER OF RELIGARE ENTERPRISES LTD.
|
DIRECTED TO CONTINUE TO PURSUE THE MEASURES TO RECOVER THE AMOUNT DUE ALONGWITH INTEREST
28-JUL-2022
|
|
| 379 |
|
|
RELIGARE ENTERPRISES LTD.
(PAN:AAACV5888N)
|
|
|
ALLEGED INDULGENCE IN FINANCIAL MISMANAGEMENT AND DIVERSION OF FUNDS OF RS.2,473.66 CRORE OF RELIGARE FINVEST LTD. THROUGH SUBSIDIARY OF REL FOR BENEFIT OF PROMOTERS/PROMOTER GROUP ENTITIES VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RELIGARE ENTERPRISES LTD.
ALLEGED INDULGENCE IN FINANCIAL MISMANAGEMENT AND DIVERSION OF FUNDS OF RS.2,473.66 CRORE OF RELIGARE FINVEST LTD. THROUGH SUBSIDIARY OF REL FOR BENEFIT OF PROMOTERS/PROMOTER GROUP ENTITIES VIOLATING CLAUSES 32 AND 36 OF LISTING AGREEMENT IN MATTER OF RELIGARE ENTERPRISES LTD.
ALLEGED INDULGENCE IN FINANCIAL MISMANAGEMENT AND DIVERSION OF FUNDS OF RS.2,473.66 CRORE OF RELIGARE FINVEST LTD. THROUGH SUBSIDIARY OF REL FOR BENEFIT OF PROMOTERS/PROMOTER GROUP ENTITIES VIOLATING CLAUSES 49(I)(C)(1)(A) AND 49(I)(C)(1)(D) OF LISTING AGREEMENT {POST CIRCULAR DATED 17/04/2014} READ WITH REGULATION 103 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RELIGARE ENTERPRISES LTD.
ALLEGED INDULGENCE IN FINANCIAL MISMANAGEMENT AND DIVERSION OF FUNDS OF RS.2,473.66 CRORE OF RELIGARE FINVEST LTD. THROUGH SUBSIDIARY OF REL FOR BENEFIT OF PROMOTERS/PROMOTER GROUP ENTITIES VIOLATING REGULATIONS 4(1)(A) TO 4(1)(D), 4(1)(G) TO 4(1)(J), 30(1) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RELIGARE ENTERPRISES LTD.
ALLEGED INDULGENCE IN FINANCIAL MISMANAGEMENT AND DIVERSION OF FUNDS OF RS.2,473.66 CRORE OF RELIGARE FINVEST LTD. THROUGH SUBSIDIARY OF REL FOR BENEFIT OF PROMOTERS/PROMOTER GROUP ENTITIES VIOLATING SECTIONS 21 OF SECURITIES CONTRACTS (REGULATION) ACT, 1956 IN MATTER OF RELIGARE ENTERPRISES LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.5,41,80,000 VIDE CONSENT ORDER)
31-MAY-2022
|
|
| 380 |
|
|
RELIGARE FINVEST LTD.
(PAN:AAFCS6801H)
|
|
|
INDULGED IN DIVERSION OF FUNDS OF RS.2315.09 CRORES (APPROX.) FROM RELIGARE FINVEST LTD. TO PROMOTERS AND THEIR RELATED ENTITIES VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D) & 4(1), 4(2)(F) AND 4(2) (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RELIGARE ENTERPRISES LTD.
DID NOT MAKE DISCLOSURE OF FUNDS ROUTED BY RELIGARE FINVEST LTD. THROUGH UNRELATED ENTITIES TO PROMOTERS AND PROMOTERS GROUP ENTITIES VIOLATING CLAUSE 32 OF LISTING AGREEMENT IN MATTER OF RELIGARE ENTERPRISES LTD.
MISREPRESENTATED FINANCIAL POSITION BY ROLLING OVER THE LOANS VIOLATING REGULATIONS 4(1)(B), (C), 30(1) AND 51(1) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 IN MATTER OF RELIGARE ENTERPRISES LTD.
|
DIRECTED TO INITIATE STEPS TO RECALL ALL THE LOANS OF RS.2315.09 CRORES (APPROX.) EITHER DIRECTRLY OR INDIRECTLY ALONG WITH DUE INTEREST WITHIN THREE MONTHS FROM THE DATE OF THIS ORDER
14-MAR-2019
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SEBI VIDE ITS ORDER DATED 11/09/2019 CONFIRMED THE DIRECTIONS ISSUED VIDE INTERIM ORDER SUBJECT TO MODIFICATIONS 1 . DIRECTED TO CONTINUE WITH STEPS TO RECALL THE LOANS OF RS.2065.09 CRORES (APPROX.) EXTENDED, EITHER DIRECTLY OR INDIRECTLY TO NOTICEE NOS. 5 TO 17 AND 19 TO 25 (VIZ. PLATINUM INFRASTRUCTURE PVT.LTD., AD ADVERTISING PVT.LTD., ARTIFICE PROPERTIES PVT. LTD., BEST HEALTH MANAGEMENT PVT.LTD., DEVERA DEVELOPERS PVT.LTD., VITOBA REALTORS PVT.LTD., FERN HEALTHCARE PVT.LTD., MODLAND WEARS PVT.LTD., ROSESTAR MARKETING PVT.LTD., STAR ARTWORKS PVT.LTD., TRIPOLI INVESTMENT & TRADING CO., VOLGA MANAGEMENT & CONSULTANCY PVT.LTD., ZOLTON PROPERTIES PVT.LTD., RHC HOLDING PVT.LTD., RANCHEM PVT.LTD., ANR SECURITIES, SHIVI HOLDINGS PVT.LTD., MALAV HOLDINGS PVT.LTD., MR.MALVINDER MOHAN SINGH AND MR.SHIVINDER MOHAN SINGH), ALONG WITH DUE INTEREST
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| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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