| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 421 |
|
SETCO AUTOMOTIVE LTD.
(PAN:AAACG7777K)
|
|
|
|
HARISH KIRITBHAI SHETH
PAN:AAJPS0670D
|
|
|
JATINDER BIR SINGH GUJRAL
PAN:ADZPG1795L
|
|
|
UDIT HARISHKUMAR SHETH
PAN:ADQPS5292M
|
|
|
URJA HARSHAL SHAH
PAN:AZIPS3369M
|
|
INDULGED IN DIVERSION OF FUNDS/ASSETS TO PROMOTER ENTITIES THROUGH A SCHEME OF MARKETING/ LIAISONING SERVICE COMMISSION VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND 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 SETCO AUTOMOTIVE LTD.
MISAPPROPRIATED/ MISUTILISED AND DIVERTED OF ASSETS/FUNDS BY INVESTMENT IN PROMOTERS ENTITIES AND SUBSEQUENT IMPAIRMENT VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND 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
PUBLISHED MANIPULATED/MISREPRESENTED FINANCIAL RESULTS VIOLATING REGULATIONS 4(1)(C), 4(1)(E), 4(1)(G), 4(1)(H), 4(1)(J) AND 4(2)(E) OF SEBI (LODR) REGULATIONS. 2015
DELAY IN APPOINTMENT OF CHIEF FINANCIAL OFFICER VIOLATING REGULATION 4(1)(G) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 203(4) OF COMPANIES ACT, 2013
|
DESISTED FROM ANY ACT THAT HARMS THE INTEREST OF MINORITY SHAREHOLDERS AND TO ENSURE FAIR AND ADEQUATE DISCLOSURES
05-FEB-2026
|
SAT: SAT VIDE ITS ORDER DATED 08/05/2026 I) ALLOWED INTERIM PRAYER AND STAYED IMPUGNED ORDER DATED 05/02/2026 SUBJECT TO DEPOSIT OF FULL PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER II) DIRECTED APPELLANT TO FILE UNDERTAKING BY WAY OF AFFIDAVIT AND APPELLANTS TO FILE LIST OF IMMOVABLE ASSETS WITH SEBI WITHIN FOUR WEEKS
|
| 422 |
|
|
SETUBANDHAN INFRASTRUCTURE LTD.
(PAN:AABCP3573F)
|
|
|
DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES REGARDING MATERIAL EVENTS I.E. INITIATION OF FORENSIC AUDIT BY SEBI VIOLATING REGULATIONS 30(1) AND 30(2) READ WITH SCHEDULE III PART A(A)(17) OF SEBI (LODR) REGULATIONS, 2015 READ WITH REGULATIONS 4(1)(D), (E), (F), (G) AND (H) OF SEBI (LODR) REGULATIONS, 2015 READ WITH CLAUSE 2 OF LISTING AGREEMENT
|
IMPOSED PENALTY RS.5,00,000
30-NOV-2022
|
|
| 423 |
|
|
SEW INFRASTRUCTURE LTD.
(PAN:AADCS4061P)
|
|
|
DELAY IN SUBMISSION OF FINANCIAL RESULTS TO STOCK EXCHANGES VIOLATING REGULATION 52(1) OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.1,00,000
25-MAR-2021
|
|
| 424 |
|
|
SEYA INDUSTRIES LTD.
(PAN:AABCS4522R)
|
|
|
|
AMRIT ASHOK RAJANI
PAN:AESPR7990G
|
|
|
ASHOK GHANSHYAMDAS RAJANI
PAN:AFBPR5891J
|
|
|
ASIT KUMAR BHOWMIK
PAN:ABUPB8276C
|
|
|
SIVAPRASADA RAO BUDDI
PAN:ABIPB0047K
|
|
MISREPRESENTED FINANCIAL STATEMENTS/RESULTS AND DID NOT GIVE A TRUE AND FAIR VIEW OF FINANCIAL PERFORMANCE AND POSITION VIOLATING SETIONS 12A(B) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C) TO 3(D), 4(1), 4(2)(F), (K) AND (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SEYA INDUSTRIES LTD.
SIPHONED OFF FUNDS/ASSETS TO PROMOTER GROUP COMPANY/COMPANIES RELATED TO PROMOTERS (VIZ. WHIZ ENTERPRISES PVT.LTD., ANEEKA UNIVERSAL PVT.LTD. AND SHRI BALAJI ENTERTAINMENTS PVT.LTD.) ON PRETEXT OF PURCHASES/SALES FROM/TO THEM AND/OR THROUGH UNDISCLOSED FUND TRANSFERS VIOLATING SETIONS 12A(B) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C) TO 3(D), 4(1), 4(2)(F), (K) AND (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SEYA INDUSTRIES LTD.
MISPRESENTED FINANCIAL STATEMENTS/RESULTS AND DID NOT GIVE A TRUE AND FAIR VIEW OF FINANCIAL PERFORMANCE AND POSITION VIOLATING REGULATIONS 4(1)(A) TO 4(1)(E), (G), (J), 4(2)(E)(I), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONS WITH PROMOTER GROUP COMPANY/COMPANIES RELATED TO PROMOTERS (VIZ. WHIZ ENTERPRISES PVT.LTD., ANEEKA UNIVERSAL PVT.LTD. AND SHRI BALAJI ENTERTAINMENTS PVT.LTD.) AND DID NOT TAKE AUDIT COMMITTEE AND/OR SHAREHOLDER’S APPROVAL FOR UNDISCLOSED RELATED PARTY TRANSACTIONS VIOLATING REGULATIONS 4(1)(A) TO 4(1)(B), 4(2)(E)(I), 23(2), 23(4), 23(9), 33(1)(C), 34(3) READ WITH PART A OF SCHEDULE V AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
DID NOT MAKE DISCLOSURE OF MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES VIOLATING REGULATIONS 4(1)(D) TO 4(1)(J) AND 30(2) AND 30(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
SHOWN WRONG DETAILS OF ATTENDEES OF BOARD MEETINGS, AUDIT AND RISK MANAGEMENT COMMITTEE MEETINGS IN ANNUAL REPORT VIOLATING REGULATIONS 4(1)(C) AND 34(3) READ WITH CLAUSE 2(B) AND 3(C) OF PART C OF SCHEDULE V OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
APPOINTED AUDITORS WHO DID NOT HAVE VALID PEER REVIEW CERTIFICATE ISSUED BY ICAI AS STATUTORY AUDITOR VIOLATING REGULATION 33(1)(D) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
DID NOT PROVIDE INFORMATION AND/OR SUBMITTED WRONG AND MISLEADING INFORMATION TO SEBI IN MATTER OF SEYA INDUSTRIES LTD.
ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II AND REGULATION 33(2)(A) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
DID NOT DISCLOSE MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES VIOLATING REGULATION 8(1) READ WITH CLAUSE 1 OF SCHEDULE A OF SEBI (PIT) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
DID NOT EXERCISE DUE DILIGENCE AS MEMBER OF AUDIT COMMITTEE VIOLATING SECTION 27 OF SEBI ACT, 1992 AND REGULATION 18(3) READ WITH PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
|
DIRECTED TO FILE PUBLIC DISCLOSURE TO THE STOCK EXCHANGES AS WELL AS PUBLISH ON COMPANY’S WEBSITE THE CONTENTS OF THIS ORDER-CUM-SHOW CAUSE NOTICE WITHIN THREE DAYS FROM DATE OF RECEIPT THIS ORDER
DIRECTED TO DISCLOSE UPDATED STATUS OF ALL UNDISCLOSED MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES WITHIN FIFTEEN DAYS FROM DATE OF RECEIPT OF THIS ORDER
DIRECTED NOT TO SELL/DISPOSE OF/DILUTE SHAREHOLDING IN COMPANY, HELD DIRECTLY OR INDIRECTLY THROUGH FAMILY MEMBERS OR THROUGH COMPANIES IN WHICH THEY OR THEIR FAMILY MEMBERS DIRECTORS
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 02-MAY-2025 TO 01-MAY-2030
RESTRAINED FROM ASSOCIATED WITH ANY OTHER LISTED COMPANY OR SEBI REGISTERED INTERMEDIARY IN ANY CAPACITY INCLUDING DIRECTOR OR KEY MANAGERIAL PERSON DIRECTLY OR INDIRECTLY FROM 02-MAY-2025 TO 01-MAY-2030
IMPOSED PENALTY RS.58,50,00,000
RESTRAINED FROM ASSOCIATED WITH ANY LISTED COMPANY AND ANY PUBLIC COMPANY AS DIRECTORS/PROMOTERS WHICH INTENDS TO RAISE MONEY FROM THE PUBLIC AND/OR ANY INTERMEDIARY WITH SEBI FROM 02-MAY-2025 TO 01-MAY-2030
DIRECTED TO ENSURE THAT FUNDS/VALUE OF ASSETS SIPHONED OFF BY WHIZ ENTERPRISES PVT.LTD., ANEEKA UNIVERSAL PVT.LTD. AND SHRI BALAJI ENTERTAINMENTS PVT.LTD. AMOUNTING TO RS.81.26 CRORE BROUGHT BACK TO SEYA INDUSTRIES LTD. ALONG WITH INTEREST @12 % P.A. FROM DATE OF TRANSFER OF FUNDS/ASSETS AS PER BANK ACCOUNT TRANSACTIONS/GST RETURNS TILL DATE OF BRINGING BACK FUNDS WITHIN SIX MONTHS FROM DATE OF ORDER
20-MAR-2023
|
|
| 425 |
|
|
SEYA INDUSTRIES LTD.
(PAN:AABCS4522R)
|
|
|
MISREPRESENTED FINANCIAL STATEMENTS/RESULTS AND DID NOT GIVE A TRUE AND FAIR VIEW OF FINANCIAL PERFORMANCE AND POSITION VIOLATING SETIONS 12A(B) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C) TO 3(D), 4(1), 4(2)(F), (K) AND (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SEYA INDUSTRIES LTD.
SIPHONED OFF FUNDS/ASSETS TO PROMOTER GROUP COMPANY/COMPANIES RELATED TO PROMOTERS (VIZ. WHIZ ENTERPRISES PVT.LTD., ANEEKA UNIVERSAL PVT.LTD. AND SHRI BALAJI ENTERTAINMENTS PVT.LTD.) ON PRETEXT OF PURCHASES/SALES FROM/TO THEM AND/OR THROUGH UNDISCLOSED FUND TRANSFERS VIOLATING SETIONS 12A(B) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C) TO 3(D), 4(1), 4(2)(F), (K) AND (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SEYA INDUSTRIES LTD.
MISPRESENTED FINANCIAL STATEMENTS/RESULTS AND DID NOT GIVE A TRUE AND FAIR VIEW OF FINANCIAL PERFORMANCE AND POSITION VIOLATING REGULATIONS 4(1)(A) TO 4(1)(E), (G), (J), 4(2)(E)(I), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONS WITH PROMOTER GROUP COMPANY/COMPANIES RELATED TO PROMOTERS (VIZ. WHIZ ENTERPRISES PVT.LTD., ANEEKA UNIVERSAL PVT.LTD. AND SHRI BALAJI ENTERTAINMENTS PVT.LTD.) AND DID NOT TAKE AUDIT COMMITTEE AND/OR SHAREHOLDER’S APPROVAL FOR UNDISCLOSED RELATED PARTY TRANSACTIONS VIOLATING REGULATIONS 4(1)(A) TO 4(1)(B), 4(2)(E)(I), 23(2), 23(4), 23(9), 33(1)(C), 34(3) READ WITH PART A OF SCHEDULE V AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
DID NOT MAKE DISCLOSURE OF MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES VIOLATING REGULATIONS 4(1)(D) TO 4(1)(J) AND 30(2) AND 30(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
SHOWN WRONG DETAILS OF ATTENDEES OF BOARD MEETINGS, AUDIT AND RISK MANAGEMENT COMMITTEE MEETINGS IN ANNUAL REPORT VIOLATING REGULATIONS 4(1)(C) AND 34(3) READ WITH CLAUSE 2(B) AND 3(C) OF PART C OF SCHEDULE V OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
APPOINTED AUDITORS WHO DID NOT HAVE VALID PEER REVIEW CERTIFICATE ISSUED BY ICAI AS STATUTORY AUDITOR VIOLATING REGULATION 33(1)(D) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
DID NOT DISCLOSE MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES VIOLATING REGULATION 8(1) READ WITH CLAUSE 1 OF SCHEDULE A OF SEBI (PIT) REGULATIONS, 2015 IN MATTER OF SEYA INDUSTRIES LTD.
DID NOT PROVIDE INFORMATION AND/OR SUBMITTED WRONG AND MISLEADING INFORMATION TO SEBI IN MATTER OF SEYA INDUSTRIES LTD.
|
DIRECTED TO FILE PUBLIC DISCLOSURE TO THE STOCK EXCHANGES AS WELL AS PUBLISH ON COMPANY’S WEBSITE THE CONTENTS OF THIS ORDER-CUM-SHOW CAUSE NOTICE WITHIN THREE DAYS FROM DATE OF RECEIPT THIS ORDER
DIRECTED TO DISCLOSE UPDATED STATUS OF ALL UNDISCLOSED MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES WITHIN FIFTEEN DAYS FROM DATE OF RECEIPT OF THIS ORDER
20-MAR-2023
|
SAT: SAT VIDE ITS ORDER DATED 07/06/2023 DISPOSED OF THE APPEAL WITH DIRECTION TO APPELLANT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER
|
| 426 |
|
|
SHAPOORJI PALLONJI & CO.PVT.LTD.
(PAN:AAACS6994C
CIN:U45200MH1943PTC00381SP)
|
|
|
COMPLIANCE CERTIFICATES SIGNED BY OTHER THAN COMPLIANCE OFFICER VIOLATING REGULATION 7(3) OF SEBI (LODR) REGULATIONS, 2015
DID NOT INTIMATE STOCK EXCHANGE ALL THE INFORMATION HAVING BEARING ON THE PERFORMANCE/OPERATION OF COMPANY AND/OR PRICE SENSITIVE INFORMATION VIOLATING REGULATION 51 OF SEBI (LODR) REGULATIONS, 2015
DID NOT MAINTAIN HUNDRED PERCENT ASSET COVER OR ASSET COVER AS PER TERMS OF OFFER DOCUMENT/INFORMATION MEMORANDUM AND/OR DEBENTURE TRUST DEED, SUFFICIENT TO DISCHARGE PRINCIPAL AMOUNT AT ALL TIMES FOR THE NON-CONVERTIBLE DEBT SECURITIES ISSUE VIOLATING REGULATION 54(1) OF SEBI (LODR) REGULATIONS, 2015
DID NOT MAKE DISCLOSURE OF SECURITY CREATED AND MAINTAINED WITH RESPECT TO ITS LISTED NCDS TO STOCK EXCHANGES VIOLATING REGULATION 54(2) OF SEBI (LODR) REGULATIONS, 2015
DID NOT SUBMIT TO STOCK EXCHANGES CERTAIN DOCUMENT SUCH AS ANNUAL REPORT, CERTIFICATION ON UTILIZATION OF FUNDS, CHANGE IN CREDIT RATING, HALF YEARLY ASSETS COVER CERTIFICATE, COPY OF NOTICES, RESOLUTIONS ETC. TO DEBENTURE TRUSTEE PROMPTLY VIOLATING REGULATION 56 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
DID NOT MAINTAIN FUNCTIONAL WEBSITE CONTAINING DETAILS OF FINANCIAL INFORMATION, HANDLING OF INVESTOR GRIEVANCES, DEBENTURE TRUSTEE, REPORTS, NOTICES AND CALL LETTERS ETC.VIOLATING REGULATION 62 OF SEBI (LODR) REGULATIONS, 2015
DID NOT SUBMIT FINANCIAL RESULTS TO STOCK EXCHANGES VIOLATING REGULATION 52(1) OF SEBI (LODR) REGULATIONS, 2015
DID NOT ADHERE TO PREPARATION, APPROVAL, AUTHENTICATION AND PUBLICATION OF ANNUAL AND HALF-YEARLY FINANCIAL RESULTS VIOLATING REGULATION 52(2) 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
DID NOT SUBMIT STATEMENT INDICATING MATERIAL DEVIATIONS IF ANY USE OF PROCEEDS ALONG WITH HALF YEARLY FINANCIALS RESULTS TO STOCK EXCHANGES VIOLATING REGULATION 52(7) OF SEBI (LODR) REGULATIONS, 2015
DID NOT PUBLISH FINANCIAL RESULTS AND STATEMENT IN AT LEAST ONE ENGLISH NATIONAL DAILY NEWSPAPER WITHIN TWO CALENDAR DAYS OF CONCLUSION OF MEETING OF BOARD OF DIRECTORS VIOLATING REGULATION 52(8) OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.7,00,000
31-AUG-2023
|
|
| 427 |
|
|
SHARAT INDUSTRIES LTD.
(PAN:AACCS8215J)
|
|
|
ALLEGED FAILURE TO ALLOT SECURITIES WITHIN FIFTEEN DAYS OF PASSING OF SPECIAL RESOLUTION VIOLATING REGULATION 170(1) OF SEBI (ICDR) REGULATION, 2018
ALLEGED FAILURE IN MAKING DISCLOSURE IN THE EXPLANATORY STATEMENT OF NOTICE OF EXTRAORDINARY GENERAL MEETING DATED 12/11/2021 VIOLATING REGULATION 163(1) OF SEBI (ICDR) REGULATION, 2018
ALLEGED FAILURE IN KEEPING PRE-PREFERENTIAL SHAREHOLDING OF ONE OF THE ALLOTTEES UNDER LOCK-IN VIOLATING REGULATION 167(6) OF SEBI (ICDR) REGULATION, 2018
ALLEGED FAILURE IN MAKING CORRECT DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO STOCK EXCHANGES AS REQUIRED UNDER REGULATION 31(1) OF SEBI (LODR) REGULATIONS, 2015
ALLEGED FAILURE IN APPOINTMENT OF COMPLIANCE OFFICER VIOLATING REGULATION 6 OF SEBI (LODR) REGULATIONS, 2015
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.36,25,000 VIDE CONSENT ORDER)
05-FEB-2024
|
|
| 428 |
|
|
SHELTREX KARJAT PVT.LTD.
(CIN:U55100MH1986PTC040749
PAN:AABCG4715R)
|
|
|
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
|
|
| 429 |
|
|
SHILPA MEDICARE LTD.
(PAN:AADCS8788F)
|
|
|
DID NOT MAKE DISCLOSURE OF INFORMATION PERTAINING TO REGULATORY ACTION WITH IMPACT VIOLATING CLAUSE 8 OF PARA B OF PART A OF SCHEDULE III OF SEBI (LODR) REGULATIONS, 2015
DID NOT MAKE COMPLETE AND ADEQUATE DISCLOSURE TO STOCK EXCHANGES OF MATERIAL INFORMATION VIOLATING REGULATIONS 4(1)(D) AND 30(1) SEBI (LODR) REGULATIONS, 2015
DID NOT MAKE COMPLETE AND ADEQUATE DISCLOSURE TO STOCK EXCHANGES OF MATERIAL INFORMATION VIOLATING SECTION 21 OF SCRA, 1956 READ WITH CLAUSE 2(I) OF LISTING AGREEMENT
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
30-JUN-2022
|
|
| 430 |
|
|
SHIRPUR GOLD REFINERY LTD.
(PAN:AAACA4896K)
|
|
|
|
AMIT GOENKA
PAN:AAHPG1139M
|
|
MISREPRESENTED FINANCIAL STATEMENTS/RESULTS AND DID NOT GIVE A TRUE AND FAIR VIEW OF FINANCIAL PERFORMANCE AND POSITION VIOLATING SETIONS 12A(B) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C) TO 3(D), 4(1), 4(2)(F) AND (K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SHIRPUR GOLD REFINERY LTD.
MISPRESENTED FINANCIAL STATEMENTS/RESULTS AND DID NOT GIVE A TRUE AND FAIR VIEW OF FINANCIAL PERFORMANCE AND POSITION VIOLATING REGULATIONS 4(1)(C) TO 4(1)(D) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SHIRPUR GOLD REFINERY LTD.
DID NOT MAKE DISCLOSURE OF MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES VIOLATING REGULATIONS 30(2) AND 30(3) OF SEBI (LODR) REGULATIONS, 2015
|
DIRECTED TO FILE PUBLIC DISCLOSURE TO THE STOCK EXCHANGES AS WELL AS PUBLISH ON COMPANY’S WEBSITE THE CONTENTS OF THIS ORDER-CUM-SHOW CAUSE NOTICE WITHIN THREE DAYS FROM DATE OF RECEIPT THIS ORDER
DIRECTED TO DISCLOSE UPDATED STATUS OF ALL UNDISCLOSED MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES WITHIN FIFTEEN DAYS FROM DATE OF RECEIPT OF THIS ORDER
DIRECTED NOT TO SELL/DISPOSE OF/DILUTE SHAREHOLDING IN COMPANY, HELD DIRECTLY OR INDIRECTLY THROUGH FAMILY MEMBERS OR THROUGH COMPANIES IN WHICH THEY OR THEIR FAMILY MEMBERS DIRECTORS
25-APR-2023
|
|
| 431 |
|
|
SHIRPUR GOLD REFINERY LTD.
(PAN:AAACA4896K)
|
|
|
|
ASHOK BALVANTRAI SANGHAVI
PAN:AMWPS0941E
|
|
|
DINESH S.KANODIA
PAN:AEHPK9440F
|
|
|
MUKUND VENKATESH GALGALI
PAN:ACQPG6557Q
|
|
|
SHARVAN KUMAR SHAH
PAN:AADPS9562J
|
|
|
VIPIN CHOUDHARY
PAN:AEYPC4464J
|
|
MISREPRESENTED FINANCIAL STATEMENTS/RESULTS AND DID NOT GIVE A TRUE AND FAIR VIEW OF FINANCIAL PERFORMANCE AND POSITION VIOLATING SETIONS 12A(B) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C) TO 3(D), 4(1), 4(2)(F) AND (K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SHIRPUR GOLD REFINERY LTD.
MISPRESENTED FINANCIAL STATEMENTS/RESULTS AND DID NOT GIVE A TRUE AND FAIR VIEW OF FINANCIAL PERFORMANCE AND POSITION VIOLATING REGULATIONS 4(1)(C) TO 4(1)(D) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SHIRPUR GOLD REFINERY LTD.
ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II AND REGULATIONS 30(2) AND 33(2)(A) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27(2) OF SEBI ACT, 1992 IN MATTER OF SHIRPUR GOLD REFINERY LTD.
DID NOT MAKE DISCLOSURE OF MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES VIOLATING SECTIONS 27(1) AND/OR 27(2) READ WITH REGULATIONS 30(2) AND 30(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SHIRPUR GOLD REFINERY LTD.
DID NOT EXERCISE DUE DILIGENCE AS MEMBER OF AUDIT COMMITTEE VIOLATING REGULATION 18(3) READ WITH PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SHIRPUR GOLD REFINERY LTD.
|
DIRECTED TO FILE PUBLIC DISCLOSURE TO THE STOCK EXCHANGES AS WELL AS PUBLISH ON COMPANY’S WEBSITE THE CONTENTS OF THIS ORDER-CUM-SHOW CAUSE NOTICE WITHIN THREE DAYS FROM DATE OF RECEIPT THIS ORDER
DIRECTED TO DISCLOSE UPDATED STATUS OF ALL UNDISCLOSED MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES WITHIN FIFTEEN DAYS FROM DATE OF RECEIPT OF THIS ORDER
DIRECTED NOT TO SELL/DISPOSE OF/DILUTE SHAREHOLDING IN COMPANY, HELD DIRECTLY OR INDIRECTLY THROUGH FAMILY MEMBERS OR THROUGH COMPANIES IN WHICH THEY OR THEIR FAMILY MEMBERS DIRECTORS
25-APR-2023
|
|
| 432 |
|
|
SHIVAMSHREE BUSINESSES LTD.
(PAN:AAACS0442F)
|
|
|
DID NOT UTILIZE FUNDS RAISED THROUGH PREFERENTIAL ALLOTMENTS STATED IN OBJECTS OF ISSUE AND DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES VIOLATING CLAUSES 43 OF LISTING AGREEMENT READ WITH REGULATION 32 OF SEBI (LODR) REGULATIONS, 2015 AND SECTION 21 OF SCRA, 1956
|
IMPOSED PENALTY RS.2,00,000
18-OCT-2022
|
SEBI VIDE ITS NOTICE DATED 28/07/2023 DIRECTED TO PAY RS.5,51,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
|
| 433 |
|
|
SHIVI HOLDINGS PVT.LTD.
(PAN:AAACO2664H)
|
|
|
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
|
| 434 |
|
|
SHIVOM INVESTMENT & CONSULTANCY LTD.
(PAN:AAACG9355K)
|
|
|
|
GAURI BHAGAT
PAN:AQGPB6603E
|
|
|
KOMAL ANANTRAI PAREKH
PAN:BYQPP0681P
|
|
|
MAHESH SHARMA
PAN:DPSPS8381L
|
|
|
SASHI PANDEY
PAN:BROPP5797B
|
|
|
SHARAD YASHWANT HAREKAR
PAN:ADDPH7341B
|
|
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF SHIVOM INVESTMENT & CONSULTANCY LTD.
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF SHIVOM INVESTMENT & CONSULTANCY LTD. VIOLATING REGULATIONS 4(2)(F)(II)(1), (6), (7), 4(2)(F)(III)(2), (3) (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SHIVOM INVESTMENT & CONSULTANCY 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 24-FEB-2023 TO 23-MAY-2023
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
IMPOSED PENALTY RS.6,00,000
24-FEB-2023
|
|
| 435 |
|
|
SHIVOM INVESTMENT & CONSULTANCY LTD.
(PAN:AAACG9355K)
|
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF SHIVOM INVESTMENT & CONSULTANCY LTD. VIOLATING REGULATIONS 4(2)(F)(II)(1), (6), (7), 4(2)(F)(III)(3) (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015
DID NOT ADHERE TO ACCOUNTING STANDARD VIOLATING REGULATION 48 OF SEBI (LODR) REGULATIONS, 2015
DID NOT MAINTAIN FUNCTIONAL WEBSITE VIOLATING REGULATION 46 OF SEBI (LODR) REGULATIONS, 2015
CONSTITUTED INCORRECT AUDIT COMMITTEE, NOMINATION AND REMUNERATION COMMITTEE VIOLATING REGULATION 19 OF SEBI (LODR) REGULATION, 2015
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF SHIVOM INVESTMENT & CONSULTANCY LTD.
DID NOT SIGN UNIFORM LISTING AGREEMENT WITH STOCK EXCHANGES VIOLATING SEBI LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956
|
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 24-FEB-2023 TO 23-FEB-2024
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
IMPOSED PENALTY RS.20,00,000
24-FEB-2023
|
|
| 436 |
|
|
SHIVOM INVESTMENT & CONSULTANCY LTD.
(PAN:AAACG9355K)
|
|
|
|
PRADIP KUMAR SULTANIA
PAN:ALOPS8525P
|
|
|
VARUN PRAVINCHANDRA AGHARA
PAN:AEYPA1563J
|
|
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF SHIVOM INVESTMENT & CONSULTANCY LTD.
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF SHIVOM INVESTMENT & CONSULTANCY LTD. VIOLATING REGULATIONS 4(2)(F)(II)(1), (6), (7), 4(2)(F)(III)(2), (3) (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SHIVOM INVESTMENT & CONSULTANCY 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 24-FEB-2023 TO 23-AUG-2023
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
IMPOSED PENALTY RS.18,00,000
24-FEB-2023
|
|
| 437 |
|
|
SHRESHTA INFRA PROJECTS PVT.LTD.
(PAN:AAQCS3874B)
|
|
|
DID NOT MAKE DISCLOSURE OF COVENANTS IN PRIVATE PLACEMENT MEMORANDUM VIOLATING REGULATION 45(1) READ WITH PARA 3.3.36 OF SCHEDULE I OF SEBI (ISSUE AND LISTING OF NON-CONVERTIBLE SECURITIES) REGULATIONS, 2021 IN MATTER OF EXAMINATION OF OUTLIERS FROM DEBT MARKET REPORT-FY 2024
DID NOT INFORM STOCK EXCHANGE ABOUT THE DETAILS OF PARTIAL REDEMPTION AND DELAY IN OF MORE THAN 24 HOURS IN INTIMATING STOCK EXCHANGE ABOUT PARTIAL REDEMPTION CARRIED ON 16/07/2024 VIOLATING REGULATION 51 READ WITH PART B OF SCHEDULE III OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF EXAMINATION OF OUTLIERS FROM DEBT MARKET REPORT-FY2024
|
IMPOSED PENALTY RS.2,00,000
28-MAY-2025
|
|
| 438 |
|
|
SIDDARTH BUSINESSES LTD.
(PAN:AAACS0442F)
|
|
|
DID NOT TAKE PRIOR APPROVAL FROM STOCK EXCHANGES TO CHANGE THEIR NAME WITH ROC VIOLATING REGULATIONS 45(1) AND 45(3) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015
|
IMPOSED PENALTY RS.50,000
23-AUG-2018
|
SEBI VIDE ITS NOTICE DATED 04/12/2019 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 2312/2019 DIRECTED ALL THE BANKS TO REMIT RS.59,006.00 TO THE EXTENT LYING IN THE ACCOUNT OF SIDDHARTH BUSINESS LTD. (NOW KNOWN AS SHIVANSHREE BUSINESS LTD.) BY WAY OF EFT/NEFT/RTGS
|
| 439 |
|
|
SIDHANT DISTRIBUTORS PVT.LTD.
(PAN:AADCS5936R)
|
|
|
INDULGED IN DIVERSION OF FUNDS FOR BENEFIT OF PROMOTER GROUP COMPANY VIOLATING REGULATIONS 4(1), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ARCOTECH LTD.
INDULGED IN DIVERSION OF FUNDS FOR BENEFIT OF PROMOTER GROUP COMPANY VIOLATING REGULATIONS 4(1)(C), 4(1)(E), 4(1)(G) AND 4(1)(H) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ARCOTECH LTD.
DELAY IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATIONS 31(2) READ WITH 31(3) OF SAST REGULATIONS, 2011 IN MATTER OF ARCOTECH 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 27-FEB-2026 TO 26-AUG-2026
IMPOSED PENALTY RS.6,00,000
DIRECTED TO REPAY OF RS.9.38 CRORE (APPROX.) TO ARCOTECH LTD. WITHIN THREE MONTHS FROM DATE OF ORDER FROM 27-FEB-2026 TO 26-AUG-2026
DIRECTED TO SUBMIT COMPLIANCE REPORT ALONGWITH PROOF OF TRANSFER OF FUNDS WITHIN FIFTEEN DAYS FROM DATE OF EXPIRY OF PERIOD
27-FEB-2026
|
SAT: SAT VIDE ITS ORDER DATED 17/07/2026 CONDONED THE DELAY OF 53 DAYS IN FILING OF APPEAL. ALLOWED RESPONDENT SIX WEEKS TO FILE REPLY AND REJOINDER IF ANY, BE FILED WITHIN THREE WEEKS THEREAFTER AND STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 440 |
|
|
SIGMA SOLVE LTD.
(PAN:AAOCS2976E)
|
|
|
DELAY IN SUBMISSION OF STATEMENT OF DEVIATION OF USE OF IPO PROCEEDS VIOLATING REGULATION 32(1) OF SEBI (LODR) REGULATIONS, 2015 READ WITH CLAUSE 4(B) OF SEBI CIRCULAR NO.CIR/CFD/CMD1/162/2019 DATED 24/12/2019
DID NOT GIVE EXPLANATION FOR VARIATION/DEVIATION IN USAGE OF IPO PROCEEDS IN DIRECTOR’S REPORT VIOLATING REGULATION 32(4) OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.2,00,000
25-SEP-2025
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 22 of 27
|
