| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 381 |
|
RELIANCE HOME FINANCE LTD.
(CIN:L67190MH2008PLC183216
PAN:AAECR0305E)
|
|
|
|
JAI ANMOL ANIL AMBANI
PAN:AJPPA3678N
|
|
|
KRISHNAN GOPALAKRISHNAN
PAN:AAFPI8791R
|
|
DID NOT EXERCISE REASONABLE DUE DILIGENCE WITH RESPECT TO ENTIRE GENERAL PURPOSE CORPORATE LOAN (GPCL) LENDING AND ONWARD LENDING BY GPCL ENTITIES TO OTHER RELIANCE ADAG GROUP COMPANIES INCLUDING RELIANCE CAPITAL LTD. VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), (8), 4(2)(F)(III) (3) AND (6) OF SEBI (LODR) REGULATION, 2015 READ WITH SECTION 21 OF SCR ACT, 1956 IN MATTER OF RELIANCE HOME FINANCE LTD.
APPROVED GENERAL PURPOSE CORPORATE LOAN (GPCL) APPLICATIONS TO PROMOTER-RELATED ENTITIES AND ALSO RECOMMENDED MANY OF GENERAL-PURPOSE CORPORATE LOAN (GPCL) APPLICATIONS EVEN AFTER NOTING DEVIATIONS IN CREDIT APPROVAL MEMOS (CAMS) VIOLATING REGULATIONS 17(5)(A) AND 26(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RELIANCE HOME FINANCE LTD.
|
IMPOSED PENALTY RS.1,00,00,000
23-SEP-2024
|
|
| 382 |
|
|
RELIANCE HOME FINANCE LTD.
(CIN:L67190MH2008PLC183216
PAN:AAECR0305E)
|
|
|
|
PINKESH ROHIT SHAH
PAN:ABAPS2169R
|
|
|
RAVINDRA SHARAD SUDHALKAR
PAN:AGGPS1926B
|
|
DID NOT MAKE DISCLOSURE OF ALL MATERIAL INFORMATION PERTAINING TO FORENSIC AUDIT REPORT TO STOCK EXCHANGES VIOLATING REGULATIONS 30(4) AND 30(12) READ WITH PARA C OF PART A OF SCHEDULE III OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.15,00,000
12-SEP-2023
|
|
| 383 |
|
|
RELIANCE HOME FINANCE LTD.
(CIN:L67190MH2008PLC183216
PAN:AAECR0305E)
|
|
|
|
AMIT BAPNA
PAN:AAYPB9659A
|
|
|
ANIL DHIRAJLAL AMBANI
PAN:AADPA3703D
|
|
|
PINKESH ROHIT SHAH
PAN:ABAPS2169R
|
|
|
RAVINDRA SHARAD SUDHALKAR
PAN:AGGPS1926B
|
|
MISREPORTED FINANCIALS OF RELIANCE HOME FINANCE LTD. AND ITS BOOKS OF ACCOUNTS FOR FY. 2018-19 VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATION 3(B) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RELIANCE HOME FINANCE LTD.
DID NOT PROVIDE COMPLETE AND TIMELY INFORMATION REGARDING GENERAL PURPOSE CORPORATE LENDING/DISBURSAL TO BOARD OF DIRECTORS VIOLATING REGULATION 17(7) READ WITH SCHEDULE II PART A(I) AND (O) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RELIANCE HOME FINANCE LTD.
INDULGED IN FRAUDULENT SCHEME OF DIVERTING ASSETS AND FUNDS VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), (8), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF RELIANCE HOME FINANCE LTD.
FURNISHED COMPLIANCE CERTIFICATE WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RELIANCE HOME FINANCE LTD.
DID NOT ADHERE TO CODE OF CONDUCT OF BOARD OF DIRECTORS AND SENIOR MANAGEMENT ON ANNUAL BASIS VIOLATING OF REGULATION 26(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RELIANCE HOME FINANCE LTD.
DID NOT ADHERE TO REGULATION 33(2)(A) OF SEBI (LODR) REGULATIONS, 2015 FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF RELIANCE HOME FINANCE LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-AUG-2024 TO 21-AUG-2029
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 22-AUG-2024 TO 21-AUG-2029
RESTRAINED FROM BEING ASSOCIATED WITH SECURITIES MARKET INCLUDING AS A DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY HOLDING/ASSOCIATE COMPANY OF ANY LISTED COMPANY OR IN ANY INTERMEDIARY REGISTERED WITH SEBI FROM 22-AUG-2024 TO 21-AUG-2029
IMPOSED PENALTY RS.99,00,00,000
RESTRAINED FROM BEING ASSOCIATED WITH SECURITIES MARKET INCLUDING AS A DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY OR ANY INTERMEDIARY REGISTERED WITH SEBI FROM 22-AUG-2024 TO 21-AUG-2029
22-AUG-2024
|
|
| 384 |
|
|
RELIANCE INDUSTRIES LTD.
(PAN:AAACR5055K)
|
|
|
|
K.SETHURAMAN
PAN:ADUPK3895Q
|
|
|
SAVITHRI PAREKH
PAN:AEMPP1916N
|
|
DELAY IN DISSEMINATION OR CLARIFICATION TO STOCK EXCHANGES ABOUT JIO FACEBOOK DEAL VIOLATING PRINCIPLE 4 UNDER SCHEDULE A - PRINCIPLE OF FAIR DISCLOSURE FOR PURPOSE OF CODE OF PRACTICES AND PROCEDURES FOR FAIR DISCLOSURE OF UPSI READ WITH REGULATION 8(1) OF SEBI (PIT) REGULATION, 2015 READ WITH REGULATION 30(11) OF SEBI (LODR) REGULATION, 2015 IN MATTER OF RELIANCE INDUSTRIES LTD.
|
IMPOSED PENALTY RS.30,00,000 ALONG WITH OTHER ENTITIES/PERSONS
20-JUN-2022
|
SAT: SAT VIDE ITS ORDER DATED 27/09/2022 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER AND STAYED THE EFFECT AND OPERATION OF IMPUGNED ORDER DATED 20/06/2022
SAT: SAT VIDE ITS ORDER DATED 02/05/2025 UPHELD THE IMPUGNED ORDER DATED 20/06/2022 AND DISMISSED THE APPEAL. NO COSTS
|
| 385 |
|
|
RELIANCE INFRASTRUCTURE LTD.
(CIN:L75100MH1929PLC001530
PAN:AACCR7446Q)
|
|
|
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.1,00,00,000
19-JUN-2024
|
|
| 386 |
|
|
RELIANCE POWER LTD.
(PAN:AAACR2365L)
|
|
|
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.1,00,00,000
19-JUN-2024
|
|
| 387 |
|
|
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
|
| 388 |
|
|
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
|
| 389 |
|
|
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
|
|
| 390 |
|
|
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
|
|
| 391 |
|
|
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
|
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
|
| 392 |
|
|
RFL INTERNATIONAL LTD.
(PAN:AAACR9384B)
|
|
|
|
ANISH VINODCHANDRA SHAH
PAN:AWWPS3129G
|
|
MISUSED NAMES OF CHARTERED ACCOUNTANTS AS STATUTORY AUDITORS IN FINANCIAL STATEMENTS AND FILED FRAUDULENT AUDIT REPORTS AND DID NOT SUBMIT TRUE AND FAIR AUDITED FINANCIAL STATEMENTS TO STOCK EXCHANGES VIOLATING SECTION 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(D), 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ACIL COTTON INDUSTRIES LTD., UNIVERSAL CREDIT & SECURITIES LTD., MINDVISION CAPITAL LTD. AND RFL INTERNATIONAL LTD.
MISUSED NAMES OF CHARTERED ACCOUNTANTS AS STATUTORY AUDITORS IN FINANCIAL STATEMENTS AND FILED FRAUDULENT AUDIT REPORTS AND DID NOT SUBMIT TRUE AND FAIR AUDITED FINANCIAL STATEMENTS TO STOCK EXCHANGES VIOLATING REGULATION 4(1)(B), (C), (G), (J), 33(1)(D), 33(3)(D), (E), 34(2)(A) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ACIL COTTON INDUSTRIES LTD., UNIVERSAL CREDIT & SECURITIES LTD., MINDVISION CAPITAL LTD. AND RFL INTERNATIONAL LTD.
MISUSED NAMES OF CHARTERED ACCOUNTANTS AS STATUTORY AUDITORS IN FINANCIAL STATEMENTS AND FILED FRAUDULENT AUDIT REPORTS AND DID NOT SUBMIT TRUE AND FAIR AUDITED FINANCIAL STATEMENTS TO STOCK EXCHANGES VIOLATING CLAUSE 41(I)(D)(IV), AND (V) OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF ACIL COTTON INDUSTRIES LTD., UNIVERSAL CREDIT & SECURITIES LTD., MINDVISION CAPITAL LTD. AND RFL INTERNATIONAL LTD.
|
IMPOSED PENALTY RS.11,00,000
21-OCT-2022
|
SEBI VIDE ITS NOTICE DATED 26/10/2023 DIRECTED TO PAY RS.12,44,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 16/04/2025 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 25/09/2025 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.14,96,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTGS
|
| 393 |
|
|
RFL INTERNATIONAL LTD.
(PAN:AAACR9384B)
|
|
|
|
ANISH VINODCHANDRA SHAH
PAN:AWWPS3129G
|
|
DID NOT MAKE APPLICATION TO STOCK EXCHANGES FOR ALLOTMENT OF SHARES ON PREFERENTIAL BASIS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RFL INTERNATIONAL LTD.
DID NOT FURNISH INFORMATION IN RESPONSE TO SUMMONS ALLOTMENT OF SHARES ON PREFERENTIAL BASIS
DID NOT MAKE APPLICATION TO STOCK EXCHANGES FOR ALLOTMENT OF SHARES ON PREFERENTIAL BASIS VIOLATING CLAUSES 22, 24(A) AND 30(B) OF LISTING AGREEMENT READ WITH REGULATION 103 OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.20,00,000
28-OCT-2022
|
SEBI VIDE ITS NOTICE DATED 25/04/2023 DIRECTED TO PAY RS.18,20,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 16/04/2025 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 23/09/2025 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.23,12,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTGS
|
| 394 |
|
|
RHC HOLDING PVT.LTD.
(CIN:U67190DL2007PTC162322
PAN:AAKCS7686P)
|
|
|
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
|
| 395 |
|
|
RIDDHI SIDDHI GLUCO BIOLS LTD.
(PAN:AABCR3417Q)
|
|
|
|
GANPATRAJ LALCHAND CHOWDHARY
PAN:ABWPL2726K
|
|
|
SIDDHARTH G.CHOWDHARY
DIN:01798350
PAN:AFVPC3418E
|
|
DID NOT ADHERE TO MINIMUM PUBLIC SHAREHOLDING REQUIREMENT
DID NOT ADHERE TO MINIMUM PUBLIC SHAREHOLDING REQUIREMENT VIOLATING REGULATIONS 103(2) AND 38 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RIDDHI SIDDHI GLUCO BIOLS LTD.
DID NOT ADHERE TO MINIMUM PUBLIC SHAREHOLDING REQUIREMENT VIOLATING CLAUSE 40A OF LISTING AGREEMENT READ WITH SECTION 21 OF SECURITIES CONTRACTS (REGULATIONS) ACT, 1956 IN MATTER OF RIDDHI SIDDHI GLUCO BIOLS LTD.
PARTICIPATED IN FRAUDULENT DEVICE, SCHEME OR ARTIFICIAL AT VARIOUS STAGES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D), 4(1) AND 4(2)(A) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RIDDHI SIDDHI GLUCO BIOLS LTD.
FRAUDULENTLY TRADED TO MAKE DELISTING OFFER SUCCESSFUL VIOLATING REGULATIONS 4(5)(A) TO 4(5)(C) OF SEBI (DELISTING OF EQUITY SHARES) REGULATIONS, 2009 IN MATTER RIDDHI SIDDHI GLUCO BIOLS LTD.
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DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 09-MAR-2026 TO 08-SEP-2026
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 09-MAR-2026 TO 08-SEP-2026
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 09-MAR-2026 TO 08-SEP-2026
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
11-AUG-2021
|
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| 396 |
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RIDDHI SIDDHI GLUCO BIOLS LTD.
(PAN:AABCR3417Q)
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GANPATRAJ LALCHAND CHOWDHARY
PAN:ABWPL2726K
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SIDDHARTH G.CHOWDHARY
DIN:01798350
PAN:AFVPC3418E
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MADE INCORRECT DISCLOSURE OF SHAREHOLDING PATTERN TO STOCK EXCHANGES VIOLATING CLAUSE 35 OF LISTING AGREEMENT READ WITH REGULATIONS 103(2), 31(1) AND 31(4) OF SEBI (LODR) REGULATIONS, 2015 AND SECTION 21 OF SCR ACT 1956 IN MATTER OF RIDDHI SIDDHI GLUCO BIOLS LTD.
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IMPOSED PENALTY RS.5,00,000
02-JUL-2021
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SAT: SAT VIDE ITS ORDER DATED 12/08/2021 ALLOWED RESPONDENT THREE WEEKS TIME TO FILE REJOINDER AND APPELLANTS TO FILE REJOINDER THREE WEEKS THEREAFTER. DIRECTED APPELLANTS TO DEPOSIT THE AMOUNT AS DIRECTED BY AO WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 09/03/2026 DISMISSED THE APPEAL. NO COSTS
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| 397 |
|
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RIDDHI SIDDHI GLUCO BIOLS LTD.
(PAN:AABCR3417Q)
|
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DID NOT ADHERE TO MINIMUM PUBLIC SHAREHOLDING REQUIREMENT
DID NOT ADHERE TO MINIMUM PUBLIC SHAREHOLDING REQUIREMENT VIOLATING REGULATIONS 103(2) AND 38 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RIDDHI SIDDHI GLUCO BIOLS LTD.
DID NOT ADHERE TO MINIMUM PUBLIC SHAREHOLDING REQUIREMENT VIOLATING CLAUSE 40A OF LISTING AGREEMENT READ WITH SECTION 21 OF SECURITIES CONTRACTS (REGULATIONS) ACT, 1956 IN MATTER OF RIDDHI SIDDHI GLUCO BIOLS LTD.
PARTICIPATED IN FRAUDULENT DEVICE, SCHEME OR ARTIFICIAL AT VARIOUS STAGES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D), 4(1) AND 4(2)(A) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RIDDHI SIDDHI GLUCO BIOLS LTD.
FRAUDULENTLY TRADED TO MAKE DELISTING OFFER SUCCESSFUL VIOLATING REGULATIONS 4(5)(A) TO 4(5)(C) OF SEBI (DELISTING OF EQUITY SHARES) REGULATIONS, 2009 IN MATTER RIDDHI SIDDHI GLUCO BIOLS LTD.
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DIRECTED TO ADHERE WITH MINIMUM PUBLIC SHAREHOLDING (MPS) TAKING INTO ACCOUNT THE ENTITIES FOUND TO BE PROMOTERS
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 09-MAR-2026 TO 08-SEP-2026
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 09-MAR-2026 TO 08-SEP-2026
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 09-MAR-2026 TO 08-SEP-2026
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
11-AUG-2021
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SAT: SAT VIDE ITS ORDER DATED 09/09/2021 DISPOSED OFF WITH THE DIRECTION TO RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM THE DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 28/10/2021 DIRECTED APPELLANT TO FILE REJOINDER WITHIN THREE WEEKS FROM DATE OF THIS ORDER. EFFECT AND OPERATION OF THE IMPUGNED ORDER STAYED DURING PENDENCY OF THE APPEAL
SAT: SAT VIDE ITS ORDER DATED 07/04/2022 GRANTED APPELLANT THREE WEEKS & NO MORE TIME TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 09/03/2026 PARTLY ALLOWED THE APPEAL BY REDUCING DEBARMENT PERIOD TO SIX MONTHS FROM ONE YEAR
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| 398 |
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RITMAN INFRA LTD.
(PAN:AAACL5238Q
CIN:L70109WB1981PLC033662)
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DID NOT APPOINT COMPANY SECRETARY FOR F.Y. 2015-16 AND 2016-17 VIOLATING SEBI (LODR) REGULATIONS, 2015
DID NOT HAVE PROPER COMPOSITION OF AUDIT, NOMINATION AND REMUNERATION COMMITTEE AS REQUIRED UNDER COMPANIES ACT, 2013 VIOLATING REGULATIONS 6(1), 18(1)(B) AND 19(1)(C) OF SEBI (LODR) REGULATIONS, 2015
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DIRECTED TO APPOINT COMPANY SECRETARY AND CONSTITUTE AUDIT, NOMINATION AND REMUNERATION COMMITTEE
05-SEP-2019
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SAT: SAT VIDE ITS ORDER DATED 05/09/2019 DISMISSED THE APPEAL
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| 399 |
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RMG DEVELOPERS PVT.LTD.
(PAN:AADCR5316E)
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DID NOT SUBMIT FINANCIAL RESULTS TO STOCK EXCHANGES VIOLATING REGULATIONS 52(1), 52(4) AND 52(5) OF SEBI (LODR) REGULATIONS, 2015
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IMPOSED PENALTY RS.1,00,000
26-MAR-2021
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SEBI VIDE ITS NOTICE DATED 06/12/2021 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL AND/OR MUTUAL FUNDS TO 1. ATTACH ALL THE ACCOUNTS (INCLUDING MUTUAL FUNDS) BY WHATEVER NAME CALLED INCLUDING LOCKERS 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 ORDER DATED 09/12/2021 DIRECTED ALL THE BANKS TO REMIT ENTIRE AMOUNT TO THE EXTENT LYING IN THE BANK AND TERM DEPOSIT ACCOUNT OF RMG DEVELOPERS PVT.LTD. TO SEBI BY WAY OF EFT/NEFT/RTGS
SEBI VIDE ITS ORDER DATED 20/12/2021 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 06/12/2021
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| 400 |
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RMZ ECOWORLD INFRASTRUCTURE PVT.LTD.
|
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DELAY IN SUBMISSION OF HALF YEARLY UNAUDITED FINANCIAL RESULTS TO STOCK EXCHANGES VIOLATING REGULATION 52(1) OF SEBI (LODR) REGULATIONS, 2015
DID NOT SUBMIT FINANCIAL RESULTS TO STOCK EXCHANGES VIOLATING REGULATION 52(1) OF SEBI (LODR) REGULATIONS, 2015
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IMPOSED PENALTY RS.3,00,000
14-JUL-2021
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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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| Page 20 of 27
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