| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 741 |
|
SAFAL CAPITAL (INDIA) LTD.
(PAN:AADCM6438L)
(Member : BSE/NSE)
|
|
|
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
MISUSED PLEDGING OF CLIENT’S SECURITIES
TRANSFERRED MONEY RECEIVED FROM CLIENTS TO CLEARING ACCOUNT INSTEAD OF TRTANSFERRING DIRECTLY TO NSE/BSE SETTLEMENT ACCOUNT
|
IMPOSED PENALTY RS.5,00,000
18-FEB-2020
|
|
| 742 |
|
|
SAFAL CAPITAL (INDIA) LTD.
(PAN:AADCM6438L)
(Member : BSE/NSE)
|
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN OWN FUNDS AND CLIENTS FUNDS & SECURITIES
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
SUBMITTED THAT OTHER PAYABLES NOT RELATED TO CLIENT CREDIT BALANCE
DID NOT SETTLE CLIENT’S FUNDS AND/OR SECURITIES
PROVIDED EXPOSURE TO CLIENTS HAVING DEBIT BALANCE
DID NOT UPLOAD KYC DATA WITH CKYCR
|
IMPOSED PENALTY RS.4,00,000
30-AUG-2022
|
SEBI VIDE ITS NOTICE DATED 07/12/2022 DIRECTED TO PAY RS.4,21,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 28/07/2023 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.6096 OF 2022 DATED 07/12/2022
|
| 743 |
|
|
SAJENDRA MOOKIM,M/S
(Member : CSE)
|
|
|
|
SAJENDRA MOOKIM
|
|
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES AND NOT COMPLIED WITH STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(5) AND B(4)(A) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF OASIS CINE COMMUNICATIONS LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIP OF OASIS CINE COMMUNICATIONS LTD.
|
IMPOSED PENALTY RS.1,50,000
12-APR-2010
|
INCLUDED IN SEBI LIST DATED 30/09/2010, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 744 |
|
|
SAMCO SECURITIES LTD.
(CIN:U67120MH2004PLC146183
PAN:AAICS2455A)
(Member : BSE/NSE)
|
|
|
ASSOCIATED WITH A PLATFORM PROVIDING REFERENCES TO RETURNS/PERFORMANCE OF ALGORITHMIC TRADING STRATEGIES VIOLATING CLAUSE 4.2 OF SEBI CIRCULAR DATED 02/09/2022 AND CLAUSES A(2)AND A(5) OF SCHEDULE II READ WITH REGULATION 9(F) OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF TRADE TRON AND OTHER ALGO PLATFORMS
|
IMPOSED PENALTY RS.3,00,000
25-MAR-2026
|
|
| 745 |
|
|
SAMCO SECURITIES LTD.
(CIN:U67120MH2004PLC146183
PAN:AAICS2455A)
(Member : BSE/NSE)
|
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN OWN FUNDS AND CLIENTS FUNDS & SECURITIES
|
IMPOSED PENALTY RS.2,00,000
31-MAY-2021
|
SAT: SAT VIDE ITS ORDER DATED 20/07/2021 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER. IN THE MEANWHILE, EFFECT AND OPERATION OF IMPUGNED ORDER TO REMAIN STAYED
SAT: SAT VIDE ITS ORDER DATED 29/09/2021 ALLOWED APPELLANT THREE WEEKS TIME TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 30/03/2022 DISMISSED THE APPEAL. NO COSTS
|
| 746 |
|
|
SAMCO SECURITIES LTD.
(CIN:U67120MH2004PLC146183
PAN:AAICS2455A)
(Depository Participants : CDSL,Member : BSE/NSE)
|
|
|
EXECUTED UNAUTHORISED TRANSACTIONS IN CLIENTS’ ACCOUNTS
DID NOT SETTLE CLIENT’S FUNDS AND/OR SECURITIES
MADE INCORRECT AND/OR DID NOT REPORT ENHANCED SUPERVISION OF DATA TO STOCK EXCHANGES
DID NOT PERFORM PERIODIC RECONCILIATION OF BACK OFFICE HOLDINGS OF CLIENT’S SECURITIES WITH ACTUAL STOCKS LYING IN DP ACCOUNTS
FUNDED CLIENTS OUTSIDE OF MARGIN TRADING FACILITY BEYOND T+2+5 DAYS
DID NOT RECONCILE FUNDS LYING IN SUSPENSE ACCOUNT
MADE INCORRECT RETENTION STATEMENT
DID NOT CAPTURE LIVE PHOTOGRAPH OF CLIENTS
|
IMPOSED PENALTY RS.7,00,000
31-AUG-2023
|
SEBI VIDE ITS NOTICE DATED 22/11/2023 DIRECTED TO PAY RS.7,22,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 24/01/2024 CONDONED THE DELAY IN FILING OF APPEAL. ALLOWED APPELLANT THREE WEEKS TO FILE REPLY AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 12/03/2024 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANT ADDITIONAL THREE WEEKS TO FILE REJOINDER
|
| 747 |
|
|
SAMCO SECURITIES LTD.
(CIN:U67120MH2004PLC146183
PAN:AAICS2455A)
(Member : NSE/BSE)
|
|
|
MAPPED SINGLE EMAIL ID AND MOBILE NUMBER FOR MULTIPLE CLIENTS
DISCREPANCIES IN CLIENT’S REGISTRATION DOCUMENTS AND CLIENT ONBOARDING PROCESS FOR ONLINE CLIENTS
DID NOT CO-OPERATE AND NOT SUBMITTED DOCUMENTS DURING INSPECTION
|
IMPOSED PENALTY RS.2,50,000
29-MAY-2024
|
SAT: SAT VIDE ITS ORDER DATED 20/08/2024 GRANTED RESPONDENT THREE WEEKS TO FILE REPLY AND REJOINDER TO BE FILED WITHIN TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 22/10/2024 GRANTED APPELLANT THREE WEEKS TO FILE REJOINDER
SEBI VIDE ITS NOTICE DATED 30/10/2024 DIRECTED TO PAY RS.2,66,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 07/11/2024 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.8265 OF 2024 DATED 30/10/2024
SAT: SAT VIDE ITS ORDER DATED 04/12/2024 APPELLANT SOUGHT ONE WEEK TO FILE REJOINDER
|
| 748 |
|
|
SAMDHYAN COMMODITIES BROKERS PVT.LTD.
(PAN:AAKCS0870P)
(Member : MCX)
|
|
|
LOCATED CTCL TERMINALS OTHER THAN THE LOCATION DECLARED BY NOTICEE TO STOCK EXCHANGE
|
IMPOSED PENALTY RS.2,00,000
31-DEC-2025
|
|
| 749 |
|
|
SAMINDRA RATILAL SHAH,M/S
(Member : ASE)
|
|
|
|
SAMINDRA RATILAL SHAH
|
|
DID NOT ENTER INTO AGREEMENT WITH CLIENTS
|
IMPOSED PENALTY RS.10,000
18-MAY-2005
|
|
| 750 |
|
|
SANCHAY FINCOM LTD.
(PAN:AAACD6056C)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR TRANSACTIONS/REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF GRAVITY INDIA LTD.
FAILED IN MAINTAINING INTEGRITY, INDULGED IN MANIPULATIVE ACTIVITIES AND NOT COMPLIED WITH 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 GRAVITY INDIA LTD.
|
IMPOSED PENALTY RS.4,00,000
24-AUG-2009
|
SAT: APPEAL FAILED AND DISMISSED WITH PARTIES TO BEAR THEIR OWN COSTS
COMPANY VIDE PAY ORDER NO.558787 DATED 12/04/2010 FOR RS.4,00,000.00 (RUPEES FOUR LAC ONLY) DRAWN ON AXIS BANK LTD. PAID THE PENALTY AMOUNT TO SEBI ON 12/04/2010
|
| 751 |
|
|
SANCHAY FINCOM LTD.
(PAN:AAACD6056C)
(Member : BSE)
|
|
|
ACTED IN CONCERT WITH ANOTHER CLIENT TO CREATE ARTIFICIAL MARKET/PRICE RISE THROUGH MATCHING/SYNCHRONISED DEALS IN SCRIP OF HAVELLS INDIA LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE
|
IMPOSED PENALTY RS.1,50,000
26-NOV-2008
|
|
| 752 |
|
|
SANCHAY FINCOM LTD.
(PAN:AAACD6056C)
(Member : BSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN SCRIP OF ADANI EXPORTS LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF ADANI EXPORTS LTD.
|
IMPOSED PENALTY RS.50,000
02-JUN-2009
|
COMPANY VIDE PAY ORDER NO.000434 DATED 18/09/2009 FOR RS.50,000.00 (RUPEES FIFTY THOUSAND ONLY) DRAWN ON AXIS BANK LTD. PAID THE PENALTY AMOUNT TO SEBI ON 23/09/2009
|
| 753 |
|
|
SANCHAY FINCOM LTD.
(PAN:AAACD6056C)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED/CIRCULAR AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF RAJESH EXPORTS LTD.
|
IMPOSED PENALTY RS.1,00,000
31-AUG-2010
|
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SEBI VIDE ITS NOTICE DATED 16/07/2014 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
SEBI VIDE ITS ORDER DATED 23/07/2014 DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS/LOCKERS AND DEMAT ACCOUNTS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 16/07/2014
|
| 754 |
|
|
SANCHAY FINCOM LTD.
(PAN:AAACD6056C)
(Member : BSE)
|
|
|
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.4,00,000
26-FEB-2010
|
COMPANY VIDE PAY ORDER NO.565883 DATED 17/06/2010 FOR RS.4,00,000.00 (RUPEES FOUR LACS ONLY) AND PAYORDER NO 564301 DATED 22/06/2012 FOR RS.4,00,000.00 (RUPEES FOUR LACS ONLY) TOTALLING RS.8,00,000.00 (RUPEES EIGHT LACS ONLY) DRAWN ON AXIS BANK LTD. PAID THE PENALTY AMOUNT TO SEBI ON 18/06/2010
|
| 755 |
|
|
SANCHAY FINCOM LTD.
(PAN:AAACD6056C)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIP OF ELTROL LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE ,INDULGED IN MANIPULATIVE ACTIVITIES AND NOT COMPLIED WITH 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 ELTROL LTD.
|
IMPOSED PENALTY RS.50,000
18-NOV-2009
|
COMPANY VIDE PAY ORDER NO.551891 DATED 25/02/2010 FOR RS.50,000.00 (RUPEES FIFTY THOUSAND ONLY) DRAWN ON AXIS BANK LTD. PAID THE PENALTY AMOUNT TO SEBI ON 02/03/2010
|
| 756 |
|
|
SANCHAY FINCOM LTD.
(PAN:AAACD6056C)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED/CIRCULAR TRANSACTIONS IN SCRIP OF K SERA SERA PRODUCTION LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) AND A(3) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF K SERA SERA PRODUCTIONS LTD.
|
IMPOSED PENALTY RS.75,000
28-SEP-2011
|
COMPANY VIDE PAY ORDER NO.004470 DATED 30/03/2012 FOR RS.75,000.00 (RUPEES SEVENTY FIVE THOUSAND ONLY) DRAWN ON AXIS BANK LTD. PAID THE PENALTY AMOUNT TO SEBI ON 02/04/2012
|
| 757 |
|
|
SANCHAY FINCOM LTD.
(PAN:AAACD6056C)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF TODAY’S WRITING PRODUCTS LTD.
DID NOT MAINTAIN 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 TODAYS WRITING PRODUCTS LTD.
|
IMPOSED PENALTY RS.2,00,000
27-AUG-2009
|
SAT: APPEAL FAILED AND DISMISSED WITH NO ORDER AS TO COSTS
COMPANY VIDE PAY ORDER NO.008401 DATED 30/01/2013 FOR RS.2,00,000.00 (RUPEES TWO LACS ONLY) DRAWN ON AXIS BANK LTD. PAID THE PENALTY AMOUNT TO SEBI ON 31/01/2013
|
| 758 |
|
|
SANCHAY FINCOM LTD.
(PAN:AAACD6056C)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED/CIRCULAR TRANSACTIONS IN SCRIP OF K SERA SERA PRODUCTION LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) AND A(3) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF K SERA SERA PRODUCTIONS LTD.
|
IMPOSED PENALTY RS.5,00,000
09-SEP-2009
|
SAT: IMPUGNED ORDER DATED 04/06/2009 SET ASIDE AND CASE REMANDED TO AO WITH DIRECTION TO FURNISH RELEVANT ORDER LOGS AND TRADE LOGS VIDE ORDER DATED 23/03/2010
|
| 759 |
|
|
SANCHAY FINVEST LTD.
(PAN:AAHCS7494J)
(Member : NSE)
|
|
|
|
AVINASH TIWARI
|
|
|
VIJAY SHARMA
|
|
ACTED IN CONCERT WITH BROKERS/CLIENTS TO CREATE ARTIFICIAL MARKET/PRICE RISE THROUGH STRUCTURED DEALS/MATCHING BUY AND SELL ORDERS/REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF RADAAN MEDIAWORKS INDIA LTD.
INDULGED IN SYNCHRONIZED DEALS
|
IMPOSED PENALTY RS.10,00,000
25-MAY-2006
|
SAT: IMPUGNED ORDER DATED 25/05/2006 MODIFIED AND PENALTY AMOUNT REDUCED TO RS.5,00,000 FROM RS.10,00,000 LEAVING PARTIES TO BEAR THEIR OWN COSTS
COMPANY VIDE PAY ORDER NO.006056 DATED 11/04/2012 FOR RS.5,00,000.00 (RUPEES FIVE LACS ONLY) DRAWN ON AXIS BANK LTD. PAID THE PENALTY AMOUNT TO SEBI ON 11/04/2012
|
| 760 |
|
|
SANCHAY FINVEST LTD.
(PAN:AAHCS7494J)
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS/REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF MAHARASHTRA SEAMLESS LTD.
FAILED IN MAINTAINING INTEGRITY, NOT EXERCISED DUE SKILL AND CARE, INDULGED IN MANIPULATIVE ACTIVITIES AND NOT COMPLIED WITH 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 MAHARASHTRA SEAMLESS LTD.
|
IMPOSED PENALTY RS.50,000
26-AUG-2009
|
COMPANY VIDE PAY ORDER NO.000524 DATED 12/11/2009 FOR RS.50,000.00 (RUPEES FIFTY THOUSAND ONLY) DRAWN ON AXIS BANK LTD. PAID THE PENALTY AMOUNT TO SEBI ON 13/11/2009
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 38 of 48
|
