| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 581 |
|
PUSHKAR BANIJYA LTD.
(CIN:L67120WB1982PLC035384
PAN:AABCP9780E)
|
|
|
DID NOT PROVIDE INFORMATION TO SEBI
MANIPULATED PRICE IN SCRIP OF AKSHYA FISCAL SERVICES LTD.
|
IMPOSED PENALTY RS.25,000
31-MAY-2007
|
INCLUDED IN SEBI LIST DATED 30/06/2010, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 582 |
|
|
PUSHKAR BANIJYA LTD.
(CIN:L67120WB1982PLC035384
PAN:AABCP9780E)
|
|
|
DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF MURLI INDUSTRIES LTD.
|
IMPOSED PENALTY RS.3,00,000
28-JUN-2013
|
|
| 583 |
|
|
PYRAMID SALES PVT.LTD.
(PAN:AABCP4870D)
|
|
|
INDULGED IN SIPHONING OFF IPO PROCEEDS IN MATTER OF MIDVALLEY ENTERTAINMENT LTD.
DID NOT PROVIDE INFORMATION/DOCUMENTS SOUGHT VIDE SUMMON IN MATTER OF MIDVALLEY ENTERTAINMENT LTD.
|
IMPOSED PENALTY RS.7,00,000
31-MAY-2022
|
|
| 584 |
|
|
QUADRANT TELEVENTURES LTD.
(CIN:L00000MH1946PLC197474
PAN:AABCT2862R)
|
|
|
PROVIDED INCORRECT, INCOMPLETE, CONTRADICTORY AND MISLEADING INFORMATION IN RESPONSE TO SUMMONSES IN MATTER OF EJECTA MARKETING LTD.
|
IMPOSED PENALTY RS.2,00,000
29-JUL-2022
|
|
| 585 |
|
|
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
|
| 586 |
|
|
R.C.GUPTA & CO.PVT.LTD.
|
|
|
ALLEGED NOT RESPONDING TO LETTERS/SUMMONS ISSUED BY SEBI
INDULGED IN PRICE MANIPULATION AND CREATION OF ARTIFICIAL MARKET IN SCRIP OF SHONKH TECHNOLOGIES INTERNATIONAL LTD.
|
IMPOSED PENALTY RS.1,00,00,000
28-NOV-2003
|
SAT: APPEAL FAILED AND DISMISSED WITH NO ORDER AS TO COSTS
|
| 587 |
|
|
R.C.GUPTA & CO.PVT.LTD.
|
|
|
INDULGED IN PRICE MANIPULATION AND CREATION OF ARTIFICIAL MARKET IN SCRIP OF SHONKH TECHNOLOGIES INTERNATIONAL LTD.
ALLEGED NOT RESPONDING TO LETTERS/SUMMONS ISSUED BY SEBI
|
IMPOSED PENALTY RS.1,00,00,000
31-DEC-2003
|
SAT: APPEAL DISMISSED
SAT: APPEAL FAILED AND DISMISSED WITH NO ORDER AS TO COST
INCLUDED IN SEBI LIST DATED 30/06/2012, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SEBI VIDE ITS NOTICE DATED 28/11/2017 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS 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
|
| 588 |
|
|
R.C.OVERSEAS PVT.LTD.
|
|
|
DID NOT PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF SAI INFO LTD.
|
IMPOSED PENALTY RS.5,00,000
21-APR-2010
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SEBI VIDE ITS NOTICE DATED 10/01/2018 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS 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 07/09/2022 DIRECTED ALL THE BANKS TO REMIT ENTIRE AMOUNT TO THE EXTENT LYING IN THE BANK AND TERM DEPOSIT ACCOUNTS OF R.C.OVERSEAS PVT.LTD. TO SEBI BY WAY OF EFT/NEFT/RTGS
SEBI VIDE ITS NOTICE DATED 17/10/2023 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.13,06,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG
|
| 589 |
|
|
RADFORD GLOBAL LTD.
(PAN:AABCM5771E)
|
|
|
DID NOT ADHERE TO SUMMONS ISSUED FOR FURNISHING OF INFORMATION
DID NOT MAKE DISCLOSURE TO BSE ABOUT VARIATION BETWEEN PROJECTED UTILIZATION AND ACTUAL UTILIZATION OF PREFERENTIAL ALLOTMENT PROCEEDS VIOLATING CLAUSES 43 OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956
|
IMPOSED PENALTY RS.25,00,000
26-FEB-2019
|
SAT: SAT VIDE ITS ORDER DATED 11/02/2020 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY AMOUNT TO RS.5 LACS FROM 10.LACS AND DIRECTED APPELLANT TO PAY WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 590 |
|
|
RAGHAV COMMOTRADE PVT.LTD.
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIP OF OFFSHORE FINVEST LTD.
DID NOT PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF OFFSHORE FINVEST LTD.
|
IMPOSED PENALTY RS.5,00,000
27-JAN-2010
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 591 |
|
|
RAGINI MERCHANTS PVT.LTD.
|
|
|
DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF MURLI INDUSTRIES LTD.
|
IMPOSED PENALTY RS.2,00,000
28-JAN-2013
|
INCLUDED IN SEBI LIST DATED 30/09/2013, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 592 |
|
|
RAHUL HOLDINGS PVT.LTD.
|
|
|
DID NOT FURNISH INFORMATION TO SEBI IN PRESCRIBED FORMAT AND ALONG WITH REQUISITE FEES
|
IMPOSED PENALTY RS.8,00,000 ALONG WITH OTHER ENTITIES/PERSONS
15-OCT-2004
|
SAT: IMPUGNED ORDER SET ASIDE AND APPEAL ALLOWED
|
| 593 |
|
|
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
|
| 594 |
|
|
RAJKAR ELECTRICALS & ELECTRONICS PVT.LTD.
(CIN:U52602DL1996PTC084137)
|
|
|
ALLEGED NOT RESPONDING TO LETTERS/SUMMONS ISSUED BY SEBI
|
IMPOSED PENALTY RS.15,000
14-MAR-2005
|
|
| 595 |
|
|
RAJKAR ELECTRICALS & ELECTRONICS PVT.LTD.
(CIN:U52602DL1996PTC084137)
|
|
|
INDULGED IN PRICE MANIPULATION AND CREATION OF ARTIFICIAL MARKET IN SCRIP OF SHONKH TECHNOLOGIES INTERNATIONAL LTD.
ALLEGED NOT RESPONDING TO LETTERS/SUMMONS ISSUED BY SEBI
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 16-OCT-2007 TO 15-OCT-2012
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 16-OCT-2007 TO 15-OCT-2012
16-OCT-2007
|
|
| 596 |
|
|
RAJLAXMI INDUSTRIES LTD.
(PAN:AAACR0419F)
(Along with : DEEPAK KUMAR (HUF),
DHANPRAYOG VINTRADE PVT.LTD.,
DILIPP AGARWAL (HUF),
SHIVAANGAN VINTRADE PVT.LTD.)
|
|
|
|
ADITYA JAIPURIA
DIN:00667367
|
|
|
DEEPAK AGARWAL
PAN:AAZPK8408R
|
|
|
DILIPP AGARWAL
PAN:AEAPK5325C
|
|
|
PRITI AGARWAL
PAN:ABFPK3906R
|
|
|
RAHUL JAGNANI
PAN:ANOPJ1338D
|
|
|
SABITA AGARWAL
PAN:AARPA4178N
|
|
|
SITA RAM AGARWAL
PAN:ACQPA1303A
|
|
|
VIBHA AGARWAL
PAN:AAPPD8823K
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF RAJLAXMI INDUSTRIES LTD.
DID NOT PROVIDE INFORMATION/DOCUMENTS SOUGHT VIDE SUMMON IN MATTER OF RAJLAXMI INDUSTRIES LTD.
|
IMPOSED PENALTY RS.40,00,000 ALONG WITH OTHER ENTITIES/PERSONS
11-APR-2022
|
|
| 597 |
|
|
RAM MINERALS & CHEMICALS LTD.
(PAN:AACCI5978A)
|
|
|
|
SURESH KUMAR AGGARWAL
PAN:AARPA4113B
|
|
DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION / DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF RAM MINERALS & CHEMICALS LTD. (FORMERLY KNOWN AS ICVL CHEMICALS LTD.)
|
IMPOSED PENALTY RS.5,00,000 ALONG WITH OTHER ENTITIES/PERSONS
30-AUG-2021
|
SEBI VIDE ITS NOTICE DATED 22/08/2022 DIRECTED TO PAY RS.5,66,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 08/12/2022 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 19/02/2026 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 08/12/2022
SEBI VIDE ITS ORDER DATED 19/02/2026 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.5415 OF 2022 DATED 22/08/2022
|
| 598 |
|
|
RAMAKANT SALES & SERVICES PVT.LTD.
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF CYBER FAMILY.COM LTD.
DID NOT PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF CYBER FAMILY.COM LTD.
|
IMPOSED PENALTY RS.3,00,000
01-JUL-2009
|
SAT: EX-PARTE IMPUGNED ORDER DATED 01/07/2009 SET ASIDE ON THE GROUND OF ADDRESS CHANGED AND REMITTED BACK TO AO TO PROCEED IN ACCORDANCE WITH LAW. NO ORDER AS TO COSTS
|
| 599 |
|
|
RAMAKANT SALES & SERVICES PVT.LTD.
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS AND SELF TRADES IN SCRIP OF CYBER FAMILY.COM LTD.
ALLEGED FAILURE IN PROVIDING NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF CYBER FAMILY.COM LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.2,50,000 VIDE CONSENT ORDER)
31-MAY-2011
|
|
| 600 |
|
|
RANA SUGARS LTD.
(PAN:AABCR6744C)
|
|
|
|
MANOJ GUPTA
PAN:AATPG3850H
|
|
|
RAJBANS KAUR
PAN:AMVPK3864D
|
|
|
RANA GURJEET SINGH
PAN:ADYPS5459E
|
|
|
RANA INDER PRATAP SINGH
PAN:AVNPS6106M
|
|
|
RANA KARAN PARTAP SINGH
PAN:BKYPS5096P
|
|
|
RANA PREET INDER SINGH
PAN:BKYPS5068K
|
|
|
RANA RANJIT SINGH
PAN:ADXPS5464N
|
|
|
RANA VEER PRATAP SINGH
PAN:BAFPS9170M
|
|
|
SUKHJINDER KAUR
PAN:AMVPK3867A
|
|
INDULGED IN SIPHONING OFF/DIVERSION OF FUNDS TO ITS PROMOTERS AND THEIR FAMILY MEMBERS THROUGH CONDUIT ENTITIES VIOLATING SECTIONS 12A(B) AND 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C), 3(D), 4(1), 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RANA SUGAR 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 1992 IN MATTER OF RANA SUGAR LTD.
DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONS WITH PROMOTER GROUP COMPANY/COMPANIES RELATED TO PROMOTERS AND DID NOT TAKE AUDIT COMMITTEE AND/OR SHAREHOLDER’S APPROVAL FOR UNDISCLOSED RELATED PARTY TRANSACTIONS VIOLATING REGULATIONS 23(2), 23(4), 23(9), 30(2), 30(3), 33(1)(C) AND 34(3) READ WITH PART A OF SCHEDULE V READ WITH CLAUSE (2)(B) AND (3)(C) OF PART C OF SCHEDULE V SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RANA SUGAR LTD.
DID NOT ADHERE TO ACCOUNTING STANDARD VIOLATING REGULATION 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RANA SUGAR LTD.
DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF RANA SUGAR LTD.
INDULGED IN SIPHONING OFF/DIVERSION OF FUNDS TO PROMOTERS AND THEIR FAMILY MEMBERS THROUGH CONDUIT ENTITIES VIOLATING REGULATIONS 4(1)(A) TO 4(1)(C), 4(1)(E), 4(1)(G), 4(1)(H), 4(1)(J), 4(2)(E)(I), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTIONS 27(1) AND 27(2) OF SEBI ACT, 1992 IN MATTER OF RANA SUGAR LTD.
DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONS IN ANNUAL REPORTS VIOLATING REGULATIONS 4(1)(C) AND 4(1)(E) AOF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27(2) OF SEBI ACT, 1992 IN MATTER OF RANA SUGAR 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-AUG-2024 TO 26-AUG-2026
IMPOSED PENALTY RS.41,00,00,000
RESTRAINED FROM HOLDING OR OCCUPYING POSITION AS DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY FROM 27-AUG-2024 TO 26-AUG-2026
DIRECTED TO EXTEND ALL NECESSARY ASSISTANCE AND AUTHORIZATION TO LAW FIRM
27-AUG-2024
|
|
| 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 30 of 44
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