| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 661 |
|
SAVITA PUNIA
(PAN:AALPP0729L)
(Along with : RAJESH KUMAR PUNIA)
|
|
|
INDULGED IN MANIPULATION OF BOOKS OF ACCOUNTS OR FINANCIAL STATEMENTS BY BOOKING FICTIOUS SALES AND PURCHASES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ORIENTAL TRIMEX LTD.
PUBLISHED MISREPRESENTED/ MISSTATED AND MISLEADING FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1) TO 4(1)(E), 4(1)(G), 4(1)(H), 4(1)(I), 4(1)(J), 4(2)E, 33(1)(A), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27 OF SEBI ACT, 1992 IN MATTER OF ORIENTAL TRIMEX LTD.
INDULGED IN MANIPULATION OF BOOKS OF ACCOUNTS AND PUBLISHED MISLEADING FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(2),4(2)(F)(II)(6) 4(2)(F)(II)(7), 4(2)(F)(III)(1), 4(2)(F)(III)(3), 4(2)(F)(III)(6) AND 4(2)(F)(III)(7) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ORIENTAL TRIMEX LTD.
|
IMPOSED PENALTY RS.50,00,000 ALONG WITH OTHER ENTITIES/PERSONS
18-FEB-2026
|
SEBI VIDE ITS NOTICE DATED 15/07/2026 DIRECTED TO PAY RS.53,01,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 24/07/2026 DISMISSED THE APPEAL
SEBI VIDE ITS ORDER DATED 11/08/2026 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS, MUTUAL FUNDS FOLIOS AND/OR POST OFFICE ACCOUNT 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
|
| 662 |
|
|
SAVITA SATISH GOWDA
(PAN:AAOPM0195Q)
|
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF SHARON BIO-MEDICINE LTD. VIOLATING REGULATIONS 4(1)(A) TO 4(1)(C), (E) (G), (H) & (I), 4(2)(F)(II)(6)(7)(8), 4(2)(F)(III)(3)(6), (12) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27 OF SEBI ACT, 1992 IN MATTER OF SHARON BIO-MEDICINE LTD.
DELAY IN SUBMISSION OF QUARTERLY COMPLIANCE REPORT AND STATEMENT OF SHAREHOLDING PATTERN TO EXCHANGES VIOLATING REGULATIONS 27(2)(A) AND 31(1) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SHARON BIO-MEDICINE LTD.
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF SHARON BIO-MEDICINE LTD.
AIDED AND FACILITATED IN PUBLISHING OF MANIPULATED FINANCIAL STATEMENTS VIOLATING SECTION 12A(A) TO 12A(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 SHARON BIO-MEDICINE LTD.
DID NOT HAVE PROPER COMPOSITION OF BOARD OF DIRECTORS AND APPOINTMENT OF UNRELATED PERSONS AS INDEPENDENT DIRECTORS VIOLATING CLAUSE 49(I) OF SEBI LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF SHARON BIO-MEDICINE LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-MAY-2023 TO 30-MAY-2026
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-MAY-2023 TO 30-MAY-2026
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 31-MAY-2023 TO 30-MAY-2026
IMPOSED PENALTY RS.27,00,000
31-MAY-2023
|
SEBI VIDE ITS NOTICE DATED 09/11/2023 DIRECTED TO PAY RS.28,63,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 03/01/2024 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 12/02/2024 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.28,31,715.70 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG
SAT: SAT VIDE ITS ORDER DATED 28/06/2024 GRANTED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 21/08/2024 GRANTED APPELLANTS THREE WEEKS TO FILE REJOINDER. BY CONSENT, CALL ON 21/10/2024
SAT: SAT VIDE ITS ORDER DATED 11/11/2024 GRANTED APPELLANTS TWO WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 03/03/2025 GRANTED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 01/07/2025 GRANTED APPELLANT THREE WEEKS TO FILE REJOINDER
|
| 663 |
|
|
SAVITHRI PAREKH
(PAN:AEMPP1916N)
|
|
|
|
RELIANCE INDUSTRIES LTD.
PAN:AAACR5055K
|
|
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
|
| 664 |
|
|
SEEMA GUPTA
(DIN:01822093
PAN:ADWPG0125H)
|
|
|
|
INTER GLOBE FINANCE LTD.
CIN:L65999WB1992PLC055265
PAN:AAACI5520N
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF IGFL 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 INTER GLOBE FINANCE LTD.
DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES ABOUT ITS ACQUISITION OF 99% SHARES IN 6 COMPANIES VIOLATING REGULATIONS 36(7)(2) AND CLAUSE 49(1) C (1) OF THE ERSTWHILE LISTING AGREEMENT READ WITH REGULATION 30(6) OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.3,00,000
15-JUN-2021
|
SAT: SAT VIDE ITS ORDER DATED 17/11/2021 CONDONED THE DELAY IN FILING OF APPEAL. RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND APPELLANT REJOINDER MAY FILE WITHIN THREE WEEKS THEREAFTER. IN THE EVENT, PENALTY AMOUNT DEPOSITED BY THE APPELLANTS WITHIN THREE WEEKS FROM DATE OF THIS ORDER THE RESTRAINT ORDER TO REMAIN STAYED DURING PENDENCY OF THE APPEAL
SAT: SAT VIDE ITS ORDER DATED 17/12/2021 CONDONED THE DELAY IN FILING OF APPEAL AND RECALLED ORDER DATED 17/11/2021
|
| 665 |
|
|
SEEMA GUPTA
(DIN:01822093
PAN:ADWPG0125H)
|
|
|
|
INTER GLOBE FINANCE LTD.
CIN:L65999WB1992PLC055265
PAN:AAACI5520N
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF IGFL AND SUBSIDIARIES VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO (D), 4(1), 4(2) (F) AND (R) OF SEBI (PFUTP) REGULATION, 2003 IN MATTER OF INTER GLOBE FINANCE LTD.
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF IGFL 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 INTER GLOBE FINANCE 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 15-JUN-2021 TO 14-SEP-2021
15-JUN-2021
|
SAT: SAT VIDE ITS ORDER DATED 17/11/2021 CONDONED THE DELAY IN FILING OF APPEAL. RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND APPELLANT REJOINDER MAY FILE WITHIN THREE WEEKS THEREAFTER. IN THE EVENT, PENALTY AMOUNT DEPOSITED BY THE APPELLANTS WITHIN THREE WEEKS FROM DATE OF THIS ORDER THE RESTRAINT ORDER TO REMAIN STAYED DURING PENDENCY OF THE APPEAL
SAT: SAT VIDE ITS ORDER DATED 17/12/2021 CONDONED THE DELAY IN FILING OF APPEAL AND RECALLED ORDER DATED 17/11/2021
|
| 666 |
|
|
SEPHALI ROY
(PAN:AFJPR9617J)
|
|
|
|
CARNATION INDUSTRIES LTD.
CIN:L27209WB1983PLC035920
PAN:AABCC0379E
|
|
DID NOT EXERCISE DUE DILIGENCE AS MEMBER OF AUDIT COMMITTEE VIOLATING REGULATION 18(3) READ WITH CLAUSES A(1), A(4) AND A(5) UNDER PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF CARNATION INDUSTRIES LTD.
|
IMPOSED PENALTY RS.1,00,000
26-AUG-2022
|
SAT: SAT VIDE ITS ORDER DATED 24/01/2023 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 30/03/2023 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 11/05/2023 CONDONED THE DELAY IN FILING OF REPLY AND ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SEBI VIDE ITS NOTICE DATED 27/07/2023 DIRECTED TO PAY RS.1,13,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 16/08/2023 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 ORDER DATED 21/09/2023 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.7007 OF 2023 DATED 27/07/2023
SAT: SAT VIDE ITS ORDER DATED 12/07/2024 DISMISSED THE APPEAL. NO COSTS
|
| 667 |
|
|
SHACHINDRA NATH
(PAN:ABOPN3798F)
|
|
|
CERTIFIED FALSE AND MISLEADING FINANCIAL STATEMENTS VIOLATING CLAUSES 49(V) AND 49(IX) (PRIOR TO CIRCULAR DATED 13/04/2014) OF LISTING AGREEMENT READ WITH REGULATION 103 OF SEBI (LODR) REGULATIONS, 2015 AND SECTION 21 OF SCRA, 1956 IN MATTER OF RELIGARE ENTERPRISES LTD.
|
IMPOSED PENALTY RS.2,00,000
31-OCT-2022
|
|
| 668 |
|
|
SHAHID BALWA USMAN
(PAN:AACPB0311K)
|
|
|
|
D B REALTY LTD.
CIN:L70200MH2007PLC166818
PAN:AACCD5174F
|
|
DID NOT INCLUDE MATERIAL/RELEVANT INFORMATION IN POSTAL BALLOT NOTICE IN RESPECT OF GUARANTEE AND SECURITY PROVIDED FOR LOAN VIOLATING CLAUSES 49(I)(A)(2)(A), (3)(A) AND (B)(1)(D) OF ERSTWHILE LISTING AGREEMENT READ WITH SECTION 11A(2) OF SEBI ACT, 1992 AND SECTION 21 OF SCRA, 1956 IN MATTER OF DB REALTY LTD. (NOW KNOWN AS VALOR ESTATE LTD.)
MISREPRESENTED BY PROVIDING FALSE AND MISLEADING INFORMATION VIOLATING CLAUSE 49(I)(D)(2)(H) OF ERSTWHILE LISTING AGREEMENT IN MATTER OF DB REALTY LTD. (NOW KNOWN AS VALOR ESTATE LTD.)
PUBLISHED FALSE FINANCIAL STATEMENTS VIOLATING CLAUSES 49(I)(A)(2)(A), (3)(A), (B)(1)(D) AND 49(I)(D)(2)(H) OF SEBI LISTING AGREEMENT READ WITH SECTION 11A(2) OF SEBI ACT, 1992 AND SECTION 21 OF SCRA, 1956 READ WITH SECTION 2(60) OF SEBI COMPANIES ACT, 2013, SECTION 27 OF SEBI ACT, 1992 AND SECTION 24 OF SCRA, 1956 IN MATTER OF DB REALTY LTD. (NOW KNOWN AS VALOR ESTATE LTD.)
DID NOT MAKE DISCLOSURE OF MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES VIZ., RECEIPT OF NOTICE UNDER SECTION 13(2) OF SARFAESI ACT, 2002 IN MATTER OF DB REALTY LTD. (NOW KNOWN AS VALOR ESTATE LTD.)
FURNISHED FALSE CERTIFICATE WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING CLAUSE 49 OF LISTING AGREEMENT AND REGULATION 17(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DB REALTY LTD. (NOW KNOWN AS VALOR ESTATE LTD.)
PUBLISHED FALSE FINANCIAL STATEMENTS VIOLATING CLAUSES 49(I)(C)(1)(A), 49(I)(D)(1)(B), (2)(B)(H), 49(IX) AND 50 OF SEBI LISTING AGREEMENT READ WITH SECTION 11A(2) OF SEBI ACT, 1992 AND SECTION 21 OF SCRA, 1956 READ WITH REGULATION 103 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 2(60) OF COMPANIES ACT, 2013, SECTION 27 OF SEBI ACT, 1992 AND SECTION 24 OF SCRA, 1956 IN MATTER OF DB REALTY LTD. (NOW KNOWN AS VALOR ESTATE LTD.)
PUBLISHED FALSE FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(A) TO 4(1)(E), 4(1)(G) TO 4(1)(J), 4(2)(E) (I), 4(2)(F)(I)(2),4(2)(F)(II)(2)(6)(7)(8), 4(2)(F)(III)(1)(2)(3)(6) (12), 17(8), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 11A(2) OF SEBI ACT. 1992 AND SECTION 21 OF SCRA, 1956 READ WITH SECTION 2(60) OF SEBI COMPANIES ACT, 2013, SECTION 27 OF SEBI ACT, 1992 AND SECTION 24 OF SCRA, 1956 IN MATTER OF DB REALTY LTD. (NOW KNOWN AS VALOR ESTATE LTD.)
PUBLISHED FALSE FINANCIAL STATEMENTS VIOLATING REGULATIONS 30, 4(1)(D)(E)(F)(G)(H)(I)(J), 4(2)(B),(D)(IV), 4(2)(F)(II)(2)AND (8) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 11A(2) OF SEBI ACT, 1992 AND SECTION 21 OF SCRA, 1956 READ WITH SECTION 2(60) OF SEBI COMPANIES ACT, 2013, SECTION 27 OF SEBI ACT, 1992 AND SECTION 24 OF SCRA, 1956 IN MATTER OF DB REALTY LTD. (NOW KNOWN AS VALOR ESTATE LTD.)
|
IMPOSED PENALTY RS.5,00,000
04-FEB-2025
|
|
| 669 |
|
|
SHAILENDRA NATH BAKSHI
(PAN:ACXPB4934B)
|
|
|
|
DALMIA INDUSTRIAL DEVELOPMENT LTD.
CIN:L74140WB1982PLC035394
PAN:AAACD9405B
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF DALMIA INDUSTRIAL DEVELOPMENT LTD. & 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 DALMIA INDUSTRIAL DEVELOPMENT LTD.
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF DALMIA INDUSTRIAL DEVELOPMENT LTD.
|
IMPOSED PENALTY RS.3,00,000
21-APR-2022
|
|
| 670 |
|
|
SHAILESH BHANDARI
(PAN:AALPB1973G)
|
|
|
|
ELECTROTHERM (INDIA) LTD.
PAN:AAACE2669L
|
|
DID NOT PREPARE TRUE AND FAIR FINANCIAL STATEMENTS BY REVERSAL/NON-PROVISIONING OF INTEREST AND MADE WRONGFUL CERTIFICATION OF FINANCIAL RESULTS VIOLATING REGULATIONS 4(2)(F) (II)(7) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ELECTROTHERM (INDIA) LTD.
|
IMPOSED PENALTY RS.1,00,000
28-AUG-2020
|
|
| 671 |
|
|
SHALABH GAUR
(PAN:ANTPG8746R)
|
|
|
|
JALAN CEMENT WORKS LTD.
CIN:L65923WB1972PLC028322
PAN:AAACJ6788R
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JALAN CEMENT WORKS LTD. (NOW KNOWN AS AASHRIT CAPITAL LTD.)& SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II), (6), (7), 4(2)(F)(III)(2), (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF JALAN CEMENT WORKS LTD. (NOW KNOWN AS AASHRIT CAPITAL LTD.)
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF JALAN CEMENT WORKS LTD. (NOW KNOWN AS AASHRIT CAPITAL LTD.)
ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF JALAN CEMENT WORKS LTD. (NOW KNOWN AS AASHRIT CAPITAL 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 11-MAY-2022 TO 10-MAY-2023
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
IMPOSED PENALTY RS.4,00,000
11-MAY-2022
|
SAT: SAT VIDE ITS ORDER DATED 13/06/2022 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND APPELLANT TO FILE REJOINDER WITHIN THREE WEEKS THEREAFTER. DIRECTED THAT THE DEBARMENT ORDER AGAINST APPELLANT TO REMAIN STAYED DURING PENDENCY OF THE APPEAL AND APPELLANT TO DEPOSIT 50% OF PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER AND IF DEPOSITED, THE BALANCE AMOUNT NOT BE RECOVERED DURING PENDENCY OF THE APPEAL
SAT: SAT VIDE ITS ORDER DATED 29/07/2022 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY
SAT: SAT VIDE ITS ORDER DATED 22/08/2022 GRANTED THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 17/11/2022 PARTLY ALLOWED THE APPEAL BY REDUCING DEBARMENT PERIOD FROM ONE YEAR TO THE PERIOD UNDERGONE
SAT: SAT VIDE ITS ORDER DATED 01/05/2023 CONDONED THE DELAY IN FILING OF APPEAL
|
| 672 |
|
|
SHALIL S.SHROFF
(PAN:AABPS6589H)
|
|
|
ALLEGED FAILURE IN MAKING DISCLOSURE TO STOCK EXCHANGES REGARDING DEFAULT IN PAYMENT BY PURCHASERS TO THE ERSTWHILE SHAREHOLDERS VIOLATING REGULATIONS 30(4)(I), 30(5) AND 30(9) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF PUNJAB CHEMICALS & CROP PROTECTION LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.14,45,000 VIDE CONSENT ORDER)
25-MAR-2021
|
|
| 673 |
|
|
SHAM SUNDER DHAWAN
(PAN:ACJPD4295P)
|
|
|
INDULGED IN MANIPULATION OF BOOKS OF ACCOUNTS AND PUBLISHED FALSE AND MISLEADING FINANCIAL STATEMENTS 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 FEDDERS ELECTRIC & ENGINEERING LTD.
INDULGED IN MANIPULATION OF BOOKS OF ACCOUNTS OR FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(6), 4(2)(F)(II)(7), 4(2)(F)(III)(3), 4(2)(F)(III)(6), 4(2)(F)(III)(7), 17(8), 23(2), 23(4) AND 33(2)(A) OF SEBI (LODR) REGULATIONS, 2015 READ WITH CLAUSE 49(VLL)(D)(E) OF ERSTWHILE LISTING AGREEMENT DATED 17/04/2014 READ WITH REGULATION 103 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF FEDDERS ELECTRIC & ENGINEERING 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-DEC-2023 TO 21-DEC-2025
RESTRAINED FROM HOLDING ANY POSITION OF DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY OR ANY INTERMEDIARY REGISTERED WITH SEBI AND FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY OR PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC OR ANY INTERMEDIARY REGISTERED WITH SEBI FROM 22-DEC-2023 TO 21-DEC-2025
IMPOSED PENALTY RS.1,20,00,000
22-DEC-2023
|
SAT: SAT VIDE ITS ORDER DATED 08/04/2024 DIRECTED RESPONDENT NOT TO TAKE ANY COERCIVE STEPS TILL THE NEXT DATE OF LISTING
SAT: SAT VIDE ITS ORDER DATED 18/04/2024 DIRECTED SEBI TO FILE REPLY WITHIN THREE WEEKS AND APPELLANT TO FILE REJOINDER WITHIN THREE WEEKS. DIRECTED APPELLANT TO DEPOSIT 50% PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER. IF AMOUNT DEPOSITED, BALANCE AMOUNT NOT TO BE RECOVERED DURING PENDENCY OF APPEAL
SAT: SAT VIDE ITS ORDER DATED 02/07/2024 CONDONED THE DELAY IN FILING OF APPEAL
SAT: SAT VIDE ITS ORDER DATED 20/08/2024 GRANTED APPELLANTS TIME
SAT: SAT VIDE ITS ORDER DATED 03/10/2024 ALLOWED EXEMPTION APPLICATION AND GRANTED APPELLANTS THREE WEEKS TO FILE REJOINDER
SEBI VIDE ITS NOTICE DATED 15/07/2025 DIRECTED TO PAY RS.1,44,01,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 14/10/2025 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS, MUTUAL FUNDS FOLIOS AND/OR POST OFFICE ACCOUNT 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 24/11/2025 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 14/10/2025
SEBI VIDE ITS NOTICE DATED 10/12/2025 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.1,50,01,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG
|
| 674 |
|
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SHANKAR AGGARWAL
(PAN:ADVPA6970F)
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DISH TV INDIA LTD.
PAN:AAACA5478M
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DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES OF FIRST ADVISORY VIOLATING REGULATIONS 4(2)(F)(II)(6), 4(2)(F)(II)(8), 4(2)(F)(III)(3), 4(2)(F)(III)(6) READ WITH REGULATION 17(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DISH TV INDIA LTD.
DELAY IN MAKING DISCLOSURE TO STOCK EXCHANGES OF FINAL ADVISORY VIOLATING REGULATIONS 4(2)(F)(II)(6), 4(2)(F)(II)(8), 4(2)(F)(III)(3), 4(2)(F)(III)(6) READ WITH REGULATION 17(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DISH TV INDIA LTD.
DID NOT MAKE NECESSARY DISCLOSURE AS PER CLAUSES 4.1, 4.4, 5.1, 5.2 AND 5.11 OF CODE OF CONDUCT READ WITH REGULATION 26(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DISH TV INDIA LTD.
DID NOT UPHELD HIGH ETHICAL STANDARDS ETC VIOLATING CLAUSES 1 AND 2 OF SCHEDULE A OF CODE OF CONDUCT READ WITH REGULATION 26(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF DISH TV INDIA LTD.
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DIRECTED TO ENSURE STRICT ADHERENCE OF DIRECTION BY THE COMPLIANCE OFFICER
DIRECTED DEPOSITORIES TO FREEZE DEMAT ACCOUNTS OF DIRECTORS AND COMPLIANCE OFFICER AND DISCLOSE TO STOCK EXCHANGES
07-MAR-2022
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SAT: SAT VIDE ITS ORDER DATED 13/06/2022 DISMISSED THE APPEAL AS NOT PRESSED
SEBI VIDE ITS ORDER DATED 14/07/2022 DISPOSED OF THE PROCEEDINGS INITIATED VIDE SCN DATED 07/03/2022 WITHOUT ANY FURTHER DIRECTIONS
SAT: SAT VIDE ITS ORDER DATED 24/06/2022 DIRECTED RESPONDENT TO PASS APPROPRIATE ORDER WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND FURTHER DIRECTED APPELLANT TO ATTEND THE BOARD MEETING OF MCX AS A DIRECTOR
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| 675 |
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SHANTANU PRAKASH
(PAN:AAJPP1605K)
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EDUCOMP SOLUTIONS LTD.
PAN:AAACE2983M
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INDULGED IN MISREPRESENTATION OF FINANCIALS STATEMENTS AND DID NOT PUBLISH & REPORT A TRUE AND FAIR VIEW OF FINANCIAL PERFORMANCE AND POSITION TO STOCK EXCHANGES VIOLATING SECTIONS 12A(B) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF EDUCOMP SOLUTIONS TD.
GAVE CORPORATE GUARANTEE FOR LOANS AVAILED BY EDU SMART SERVICES PVT.LTD. (ESSPL) TO TUNE OF RS.1550 CRORE WITHOUT APPROVAL OF AUDIT COMMITTEE VIOLATING PROVISION (IV) (A) OF CLAUSE 49 OF LISTING AGREEMENT READ WITH REGULATION 103(2) OF SEBI (LODR) REGULATIONS, 2015 AND SCRA ACT, 1956
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DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 30-MAY-2023 TO 29-MAY-2028
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-MAY-2023 TO 29-MAY-2028
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 30-MAY-2023 TO 29-MAY-2028
IMPOSED PENALTY RS.1,10,00,000
30-MAY-2023
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SAT: SAT VIDE ITS ORDER DATED 22/08/2023 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER. STAYED EFFECT AND OPERATION OF IMPUGNED ORDER TILL DISPOSAL OF APPEAL
SAT: SAT VIDE ITS ORDER DATED 31/10/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 07/12/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 25/01/2024 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 18/03/2024 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 11/06/2026 ALLOWED THE APPEAL AND SET ASIDE IMPUGNED ORDER DATED 30/05/2023. NO COSTS
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| 676 |
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SHARAD YASHWANT HAREKAR
(PAN:ADDPH7341B)
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SHIVOM INVESTMENT & CONSULTANCY LTD.
PAN:AAACG9355K
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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.
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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.1,00,000
24-FEB-2023
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| 677 |
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SHARVAN KUMAR SHAH
(PAN:AADPS9562J)
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SHIRPUR GOLD REFINERY LTD.
PAN:AAACA4896K
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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.
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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
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SAT: SAT VIDE ITS ORDER DATED 23/04/2026 CONDONED THE DELAY OF 1020 DAYS IN FILING OF APPEAL. DIRECTED SEBI TO COMPLETE ADJUDICATION PROCEEDINGS AS EXPEDITIOUSLY AS POSSIBLE WITHIN OUTER LIMIT OF FOUR MONTHS FROM DATE OF THIS ORDER. NO COSTS
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| 678 |
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SHEETAL MITESH SHAH
(PAN:BKOPK9087L)
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DID NOT MAKE DISCLOSURES OF STATEMENTS OF DEVIATION IN USE OF ISSUE PROCEEDS VIOLATING CLAUSE 43 OF LISTING AGREEMENT READ WITH REGULATION 32 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF TIRUPATI FINCORP LTD.
DID NOT MAKE DISCLOSURE OF CANCELLATION OF CERTIFICATE OF REGISTRATION BY RBI AS NBFC VIOLATING CLAUSE 30 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF TIRUPATI FINCORP LTD.
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IMPOSED PENALTY RS.1,00,000
30-MAR-2022
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| 679 |
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SHEKHAR GANDHI
(PAN:ADNPG4728P)
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SKIL INFRASTRUCTURE LTD.
CIN:L36911MH1983PLC178299
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PUBLISHED MISREPRESENTED / MISSTATED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1) 4(2)E, 33(1)(A), 33(1)(C), 33(3)(B), 34(2)(B), 34(3) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27 OF SEBI ACT, 1992 IN MATTER OF SKIL INFRASTRUCTURE LTD.
FURNISHED FALSE CERTIFICATE WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SKIL INFRASTRUCTURE LTD.
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IMPOSED PENALTY RS.20,00,000
29-AUG-2024
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SEBI VIDE ITS NOTICE DATED 30/12/2024 DIRECTED TO PAY RS.21,01,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
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| 680 |
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SHIBADITYA GHOSH
(PAN:AFDPG0116R)
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TIL LTD.
PAN:AABCT0704G
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MISREPRESENTED/MISSTATED FINANCIALS STATEMENTS VIOLATING REGULATION 4(1), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF TIL LTD.
MISREPRESENTED/MISSTATED FINANCIALS STATEMENTS VIOLATING REGULATIONS 4(1), 33(1)(A), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27 OF SEBI ACT, 1992 IN MATTER OF TIL LTD.
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IMPOSED PENALTY RS.25,00,000
30-MAY-2024
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SAT: SAT VIDE ITS ORDER DATED 20/08/2024 GRANTED RESPONDENT FOUR WEEKS TO FILE REPLY AND REJOINDER TO BE FILED WITHIN TWO WEEKS THEREAFTER. REMAIN STAYED THE IMPUGNED ORDER SUBJECT TO DEPOSIT RS.10 LAC WITHIN SIX WEEKS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 30/09/2024 GRANTED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 17/12/2025 CONDONED THE DELAY IN FILING OF APPEAL AND REJOINDER
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| Page 34 of 43
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