| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 641 |
|
PRAKASH NAHATA & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS/CROSS DEALS IN SCRIP OF BSR FINANCE & CONSTRUCTION LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF BSR FINANCE & CONSTRUCTION LTD.
|
IMPOSED PENALTY RS.6,00,000
21-JAN-2010
|
INCLUDED IN SEBI LIST DATED 31/03/2011, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 642 |
|
|
PRAKASH NAHATA & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS/CROSS DEALS IN SCRIP OF BSR FINANCE & CONSTRUCTION LTD.
|
IMPOSED PENALTY RS.6,00,000
10-JUN-2009
|
SAT: CASE REMANDED TO AO FOR FRESH DECISION IN ACCORDANCE WITH LAW. WITH COSTS OF RS.50000
|
| 643 |
|
|
PRAKASH NAHATA & CO.
(Member : CSE)
|
|
|
INDULGED IN MARKET MANIPULATION AND PRICE MANIPULATION THROUGH SYNCHRONIZED AND CROSS DEALS IN SCRIP OF RAMKRISHNA FINCAP LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(4) AND B(4)(A) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF RAMKRISHNA FINCAP LTD.
|
IMPOSED PENALTY RS.1,50,000
15-DEC-2010
|
|
| 644 |
|
|
PRAKASH NAHATA & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIP OF CYBER FAMILY.COM LTD.
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN SCRIP OF CYBER FAMILY.COM LTD.
|
IMPOSED PENALTY RS.3,00,000
02-JUL-2009
|
|
| 645 |
|
|
PRAKASH NAHATA & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF BOLTON PROPERTIES LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(4) AND B(4) (A) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF BOLTON PROPERTIES LTD.
|
IMPOSED PENALTY RS.6,00,000
07-JUN-2010
|
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 646 |
|
|
PRAKASH NAHATA & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS AND NEGOTIATED DEALS IN SCRIP OF QUALITY SYNTHETIC INDUSTRIES LTD.
|
IMPOSED PENALTY RS.3,50,000
30-NOV-2009
|
|
| 647 |
|
|
PRAMOD KUMAR JAIN,M/S
(Member : BSE)
|
|
|
|
PRAMOD KUMAR JAIN
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED AND CIRCULAR TRANSACTIONS AND REVERSAL OF TRADE TRANSACTONS IN SCRIP OF KRBL LTD.
DID NOT MAINTAINING INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE ,INDULGED IN MANIPULATIVE ACTIVITIES AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF KRBL LTD.
|
IMPOSED PENALTY RS.2,50,000
29-MAR-2010
|
|
| 648 |
|
|
PRAMOD KUMAR KOTHARI,M/S
(Member : CSE)
|
|
|
|
PRAMOD KUMAR KOTHARI
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIP OF PSL FINANCIAL SERVICES LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(4) AND B(4)(A) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF PSL FINANCIAL SERVICES LTD.
|
IMPOSED PENALTY RS.1,00,000
26-FEB-2010
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 649 |
|
|
PRAMOD KUMAR KOTHARI,M/S
(Member : CSE)
|
|
|
|
PRAMOD KUMAR KOTHARI
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF BOLTON PROPERTIES LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(4) AND B(4) (A) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF BOLTON PROPERTIES LTD.
|
IMPOSED PENALTY RS.5,00,000
14-JUN-2010
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 650 |
|
|
PRAMOD KUMAR KOTHARI,M/S
(Member : CSE)
|
|
|
|
PRAMOD KUMAR KOTHARI
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF CYBER FAMILY.COM LTD.
|
IMPOSED PENALTY RS.3,00,000
02-JUN-2009
|
SAT: APPEAL DISMISSED AS WITHDRAWN
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 651 |
|
|
PRASHANT JAYANTILAL PATEL,M/S
(PAN:AABPP2156M)
(Member : NSE)
|
|
|
|
PRASHANT JAYANTILAL PATEL
PAN:AABPP2156M
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT MAINTAIN CONTRACT SLIPS
ILLEGAL AND UNAUTHORIZED GRANT OF TRADING TERMINAL TO CLIENT
|
IMPOSED PENALTY RS.2,00,000
09-NOV-2010
|
|
| 652 |
|
|
PRASHANT JAYANTILAL PATEL,M/S
(PAN:AABPP2156M)
(Member : NSE)
|
|
|
|
PRASHANT JAYANTILAL PATEL
PAN:AABPP2156M
|
|
INDULGED IN NON-GENUINE, SYNCHRONIZED AND FICTITIOUS TRANSACTIONS IN F&O SEGMENT
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN F&O SEGMENT OF NATIONAL STOCK EXCHANGE
|
IMPOSED PENALTY RS.22,00,000
31-AUG-2009
|
|
| 653 |
|
|
PRAVIN V.SHAH STOCK BROKING PVT.LTD.
(Member : BSE)
|
|
|
|
DHITESH M.SHAH
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET THROUGH SYNCHRONIZED TRADES IN SCRIP OF AFTEK INFOSYS LTD.
DID NOT MAINTAIN HIGH STANDARDS OF INTEGRITY WHILE DEALING IN MARKET
|
IMPOSED PENALTY RS.5,00,000
14-JUN-2006
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 14/06/2006 SET ASIDE AND DIRECTED SEBI TO REFUND THE AMOUNT DEPOSITED BY APPLICANT
|
| 654 |
|
|
PRIME BROKING CO.(INDIA) LTD.
(PAN:AAACP3113C)
(Member : BSE/NSE/MCX)
|
|
|
DID NOT FURNISH EXTRACTS FROM REGISTER OF SECURITIES DISPLAYING ALL RECEIPTS/DELIVERIES OF SECURITIES AND EXPLANATION FOR RETENTION OF SECURITIES TO CLIENTS VIOLATING OF SEBI CIRCULAR DATED 03/12/2009
DID NOT FURNISH EXTRACTS FROM REGISTER OF SECURITIES DISPLAYING ALL RECEIPTS/DELIVERIES OF SECURITIES AND EXPLANATION FOR RETENTION OF SECURITIES TO CLIENTS VIOLATING CLAUSES A(2) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF AANJANEYA LIFECARE LTD. (NOW KNOWN AS DR.DATSONS LABS LTD.)
|
IMPOSED PENALTY RS.3,00,000
13-JUL-2017
|
|
| 655 |
|
|
PRITHVI FINMART PVT.LTD.
(PAN:AAECP8502D)
(Member : BSE/NSE)
|
|
|
DID NOT UPDATE INCOME DETAILS IN UCC DATABASE OF STOCK EXCHANGES IN DUE TIME
DID NOT MAINTAIN PROPER SEGREGATION AND DEMARCATION AT AUTHORISED PERSONS OFFICE
DID NOT MAINTAIN PRE-ORDER CONFIRMATION FOR TRADES
LOCATED CTCL TERMINALS OTHER THAN THE LOCATION DECLARED BY NOTICEE TO STOCK EXCHANGE
AUTHORISED PERSON (AP) WAS DEALING WITH OTHER STOCK BROKERS/APS
|
IMPOSED PENALTY RS.3,00,000
24-NOV-2025
|
|
| 656 |
|
|
PROGRESSIVE SHARE BROKERS PVT.LTD.
(PAN:AAACP6712H)
(Member : BSE/NSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE VIOLATING CLAUSES A(2) OF CODE OF CONDUCT UNDER SCHEDULE II READ WITH REGULATION 9 OF SEBI (STOCK BROKERS & SUB-BROKERS) REGULATIONS, 1992 IN MATTER OF FRONT RUNNING OF TRADES OF DEUTSCHE MUTUAL FUND (NOW KNOWN AS DHFL PRAMERICA MUTUAL FUND)
|
IMPOSED PENALTY RS.1,00,000
21-OCT-2022
|
SAT: SAT VIDE ITS ORDER DATED 24/01/2023 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY AMOUNT TO RS.1 LAC FROM RS.5 LAC
|
| 657 |
|
|
PRRSAAR COMMODITIES PVT.LTD.
(Member : MCX)
|
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
MISUTILIZED CLIENTS FUNDS FOR DEBIT OBLIGATION OF OWN/OTHER CLIENTS
|
IMPOSED PENALTY RS.5,00,000
27-SEP-2019
|
|
| 658 |
|
|
PRRSAAR COMMODITIES PVT.LTD.
(Member : NCDEX)
|
|
|
MISUTILIZED CLIENTS FUNDS FOR DEBIT OBLIGATION OF OWN/OTHER CLIENTS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
IMPOSED PENALTY RS.5,00,000
27-SEP-2019
|
|
| 659 |
|
|
PRRSAAR SAMPADA PVT.LTD.
(PAN:AAACK1089Q)
(Member : BSE/NSE)
|
|
|
ALLOWED USAGE OF TRADING TERMINAL ID REGISTERED IN THE NAME OF MR.VIKAS NARANG, DEALER EVEN AFTER HIS DEMISE AND DID NOT INTIMATE STOCK EXCHANGE VIOLATING CLAUSES A(1), A(2) AND A(5) OF SCHEDULE II READ WITH REGULATION 9(F) AND REGULATION 26(XIX) OF SEBI (STOCK BROKERS) REGULATIONS, 1992 AND CLAUSE 33.7.1 & 33.7.4 OF SEBI CIRCULAR DATED 17/06/2025
|
IMPOSED PENALTY RS.2,00,000
30-APR-2026
|
|
| 660 |
|
|
PRUDENT BROKING SERVICES PVT.LTD.
(PAN:AABCN5461G)
(Depository Participants : CDSL,Member : BSE/NSE)
|
|
|
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
DID NOT SETTLE RUNNING ACCOUNTS OF ACTIVE AND/OR INACTIVE CLIENTS
DID NOT MAINTAIN DAILY RECONCILIATION STATEMENT
DID NOT RECONCILE STOCK REGISTER
FUNDED CLIENTS OUTSIDE OF MARGIN TRADING FACILITY BEYOND T+2+5 DAYS
MAPPED SINGLE EMAIL ID AND MOBILE NUMBER FOR MULTIPLE CLIENTS
DID NOT UPLOAD PLEDGED SHARES OF CLIENTS AS PER ENHANCED SUPERVISION REQUIREMENT
DISCREPANCIES IN CLIENT REGISTRATION PROCESS (KYC, KRA AND CKYCR PROCESS)
DISCREPANCIES IN PROCESSING OF DIS, MODIFICATION, TRANSFERS & TRANSMISSIONS ACCOUNT CLOSURE
|
IMPOSED PENALTY RS.10,00,000
27-NOV-2020
|
|
| 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 33 of 48
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