| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 7641 |
|
VISHWAS STEELS LTD.
(PAN:AAACV1944K)
|
|
|
DELAY IN REGISTRATION FOR SEBI COMPLAINTS REDRESSAL SYSTEM (SCORES)
|
IMPOSED PENALTY RS.1,00,000
18-JAN-2018
|
SEBI VIDE ITS NOTICE DATED 21/12/2021 DIRECTED TO PAY RS.1,48,112.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 11/01/2023 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 15/02/2023 DIRECTED ALL THE BANKS TO REMIT RS.1,63,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF VISHWAS STEELS LTD. TO SEBI BY WAY OF EFT/NEFT/RTGS
|
| 7642 |
|
|
VISHWAS STEELS LTD.
(PAN:AAACV1944K)
|
|
|
CONSIDERABLE DELAY IN DEMATERIALIZATION OF SHARES HELD BY PUBLIC SHAREHOLDERS
|
IMPOSED PENALTY RS.10,00,000
31-AUG-2010
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SEBI VIDE ITS NOTICE DATED 18/09/2018 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 13/01/2020 DIRECTED ALL THE BANKS TO REMIT RS.21,26,041.00 TO THE EXTENT LYING IN THE ACCOUNT OF VISHWAS STEELS LTD. BY WAY OF EFT/NEFT/RTGS
|
| 7643 |
|
|
VISION AGENCIES PVT.LTD.
(PAN:AAACV8440Q)
|
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATION 29(2) READ WITH 29(3) OF SAST REGULATIONS, 2011 IN MATTER OF SHARP INDUSTRIES LTD.
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATIONS 13(3), 13(4A) READ WITH 13(5) OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992 IN MATTER OF SHARP INDUSTRIES LTD.
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND/OR STOCK EXCHANGES AS REQUIRED UNDER REGULATIONS 12(1) AND 12(2) OF SEBI (PIT) REGULATIONS, 2015 IN MATTER OF SHARP INDUSTREIS LTD.
|
IMPOSED PENALTY RS.2,00,000 ALONG WITH OTHER ENTITIES/PERSONS
06-SEP-2017
|
|
| 7644 |
|
|
VISION GAINERS
(PAN:JWXPS4202L)
|
|
|
|
HRITIK SARAF
PAN:JWXPS4202L
|
|
|
SANDEEP TIWARI
PAN:BMAPT1283P
|
|
ACTED AS INVESTMENT ADVISER WITHOUT SEBI REGISTRATION
|
DIRECTED TO REFUND MONEY TO THE INVESTORS
DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY
DIRECTED TO MAKE REFUND THROUGH BANKING CHANNELS SUCH AS DEMAND DRAFT AND/OR PAY ORDER AND/OR ELECTRONIC MODE OF TRANSFER
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM FROM 31-JUL-2023 TO 30-JUL-2025
ALLOWED BANKS TO DEBIT FOR THE PURPOSE OF MAKING REFUNDS TO CLIENTS/INVESTORS/COMPLAINANTS
DIRECTED TO SUBMIT COMPLETION REPORT OF REPAYMENT TO SEBI CERTIFIED BY INDEPENDENT CHARTERED ACCOUNTANT
DIRECTED TO DEPOSIT REMAINING BALANCE AMOUNT WITH SEBI TO BE KEPT IN ESCROW ACCOUNT
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-JUL-2023 TO 30-JUL-2025
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-JUL-2023 TO 30-JUL-2025
DIRECTED NOT TO UNDERTAKE EITHER DIRECTLY OR INDIRECTLY INVESTMENT ADVISORY SERVICES AND/OR RESEARCH ANALYST ACTIVITY IN SECURITIES MARKET WITHOUT OBTAINING CERTIFICATE OF REGISTRATION FROM SEBI FROM 31-JUL-2023 TO 30-JUL-2025
IMPOSED PENALTY RS.2,00,000 ALONG WITH OTHER ENTITIES/PERSONS
31-JUL-2023
|
SEBI VIDE ITS NOTICE DATED 08/04/2024 DIRECTED TO PAY RS.1,29,13,186.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 08/04/2024 DIRECTED TO PAY RS.2,19,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
|
| 7645 |
|
|
VISION INFO INC
|
|
|
INDULGED IN DIVERSION OF IPO MONEY AND DID NOT DEPLOY IPO PROCEEDS FOR STATED OBJECTS OF ISSUE AS DISCLOSED IN PROSPECTUS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT. 1992 READ WITH REGULATIONS 3(A) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ACROPETAL TECHNOLOGY LTD.
|
IMPOSED PENALTY RS.2,00,000
31-MAR-2022
|
|
| 7646 |
|
|
VISION MILLENNIUM EXPORTS PVT.LTD.
(PAN:AAACV6970B)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF RUCHI SOYA INDUSTRIES LTD.
|
IMPOSED PENALTY RS.25,00,000 ALONG WITH OTHER ENTITIES/PERSONS
29-APR-2022
|
SEBI VIDE ITS NOTICE DATED 29/09/2022 DIRECTED TO PAY RS.26,51,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 01/11/2022 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.5743 OF 2022 DATED 29/09/2022
|
| 7647 |
|
|
VISION SPONGE IRON PVT.LTD.
(PAN:AABCV4791R)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME THROUGH REVERSAL OF TRADE TRANSACTIONS IN ILLIQUID STOCK OPTIONS AT BSE
|
IMPOSED PENALTY RS.24,10,000
22-OCT-2019
|
SAT: SAT VIDE ITS ORDER DATED 26/08/2020 DISMISSED THE APPEAL AS NOT PRESSED LEAVING IT OPEN TO THE APPELLANT TO PAY SETTLEMENT AMOUNT AS PER SETTLEMENT SCHEME WITHIN STIPULATED PERIOD. NO COSTS
|
| 7648 |
|
|
VISION TECHNOLOGY INDIA LTD.
|
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO STOCK EXCHANGES AS REQUIRED UNDER REGULATIONS 6(2),6(4) AND 8(3) OF SEBI TAKEOVER CODE, 1997 FOR YEARS 1997 TO 2004
|
IMPOSED PENALTY RS.2,50,000
28-MAY-2009
|
|
| 7649 |
|
|
VISTRA ITCL (INDIA) LTD.
(PAN:AAACI6832K)
|
|
|
DID NOT INTIMATE FUND THE FUND TO INITIATE WINDING UP OF SCHEME WHEN ITS TENURE ENDED AS PER TERMS OF PRIVATE PLACEMENT MEMORANDUM VIOLATING REGULATIONS 23(1)(A) READ WITH 23(3) AND 24(2) OF SEBI (VENTURE CAPITAL FUNDS) REGULATIONS, 1996 IN MATTER OF KNOWLEDGE MANUFACTURING FUND-I
|
IMPOSED PENALTY RS.10,00,000
23-FEB-2026
|
|
| 7650 |
|
|
VISTRA ITCL (INDIA) LTD.
(PAN:AAACI6832K)
|
|
|
DID NOT WIND UP THE SCHEME EVEN AFTER COMPLETION OF EXTENDED TENURE AND CONTINUING THE SCHEME BEYOND PERMISSIBLE EXTENSIONS OF TWO YEARS
|
IMPOSED PENALTY RS.6,00,000
20-JUN-2025
|
SAT: SAT VIDE ITS ORDER DATED 04/08/2025 ALLOWED RESPONDENT SIX WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER.
SAT: SAT VIDE ITS ORDER DATED 04/08/2025 ALLOWED EXEMPTION APPLICATION
SAT: SAT VIDE ITS ORDER DATED 18/08/2025 ALLOWED RESPONDENT FOUR WEEKS TO FILE REPLY AND REJOINDER, IF ANY, BE FILED WITHIN TWO WEEKS THEREAFTER. STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% PENALTY AMOUNT WITHIN TWO WEEKS FROM DATE OF THIS ORDER
|
| 7651 |
|
|
VISTRA ITCL (INDIA) LTD.
(PAN:AAACI6832K)
|
|
|
STARTED CARRYING OUT ACTIVITIES ASSOCIATED WITH TRUSTEESHIP PRIOR TO EXECUTION OF WRITTEN AGREEMENT VIZ. DEBENTURE TRUSTEE AGREEMENT VIOLATING REGULATION 13(A) OF SEBI (DEBENTURE TRUSTEES) REGULATIONS, 1993
ISSUED DUE DILIGENCE CERTIFICATE WHICH WAS ALLEGEDLY COMPROMISED INDEPENDENCE OF DUE DILIGENCE EXERCISED BY DEBENTURE TRUSTEE VIOLATING REGULATIONS 13(A) AND 15(6) OF SEBI (DEBENTURE TRUSTEES) REGULATIONS, 1993 AND CLAUSE 4 OF CODE OF CONDUCT OF SEBI (DEBENTURE TRUSTEES) REGULATIONS, 1993 AND CLAUSE B(6) OF SEBI CIRCULAR NO.SEBI/HO/MIRSD/CRADT/CIR/P/2020/218 DATED 03/11/2020
DID NOT CARRYOUT DUE DILIGENCE INDEPENDENTLY AND INFLUENCED BY ISSUER FOR PREPARATION OF ASSET COVER CERTIFICATE VIOLATING REGULATIONS 15(1)(T) AND 15(1)(S) OF SEBI (DEBENTURE TRUSTEES) REGULATIONS, 1993 AND CLAUSE B(6) OF SEBI CIRCULAR NO.SEBI/HO/MIRSD/CRADT/CIR/P/2020/218 DATED 03/11/2020
DID NOT ASCERTAIN STATUS OF PAYMENT OF INTEREST/PRINCIPAL FROM INDEPENDENT SOURCES ON TIMELY BASIS VIOLATING CLAUSE 2 OF SEBI CIRCULAR NO.SEBI/HO/MIRSD/MIRSD3/CIR/P/2017/72 DATED 30/06/2017 AND CLAUSES 1, 3 AND 4 OF CODE OF CONDUCT UNDER SCHEDULE III READ WITH REGULATION 16 OF SEBI (DEBENTURE TRUSTEES) REGULATIONS, 1993
DID NOT UPDATE DEFAULT HISTORY OF ISSUER NAMED BLUE HORIZON HOTELS PVT.LTD. FOR INTEREST DUE DATES OF 31/10/2020 TO 31/12/2020 AND 30/06/2021 IN CENTRALIZED DATABASE FOR CORPORATE BONDS/DEBENTURES VIOLATING CLAUSE C OF ANNEXURE-I OF SEBI CIRCULAR NO.CIR/IMD/DF/17/2013 22/10/2013 AND CLAUSE-10 OF ANNEXURE-III OF SEBI CIRCULAR NO.SEBI/HO /DDHS/DDHS1/P/CIR/2021/572 DATED 04/06/2021 AND CLAUSE 2.5 OF CHAPTER XIV OF SEBI CIRCULAR NO.SEBI/HO/DDHS/P/CIR/2021/613 DATED 10/08/2021
|
IMPOSED PENALTY RS.6,00,000
22-AUG-2024
|
|
| 7652 |
|
|
VISTRA ITCL (INDIA) LTD.
(PAN:AAACI6832K)
|
|
|
DID NOT EXERCISE PROPER DUE DILIGENCE AND BY INITIALLY SUPPRESSING INFORMATION CONTAINING THE BENPOS VIOLATING REGULATION 15(1)(I) OF SEBI (DEBENTURE TRUSTEES) REGULATIONS), 1993 AND REGULATION 16 READ WITH CLAUSE 19 OF CODE OF CONDUCT PRESCRIBED UNDER SEBI (DEBENTURE TRUSTEE) REGULATIONS, 1993
|
IMPOSED PENALTY RS.5,00,000
27-APR-2022
|
SEBI VIDE ITS NOTICE DATED 10/08/2022 DIRECTED TO PAY RS.10,51,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 01/09/2022 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER MAY BE FILE WITHIN THREE WEEKS THEREAFTER. DIRECTED APPELLANT TO DEPOSIT RS.5 LAC WITHIN THREE WEEKS FROM DATE OF THIS ORDER. IF THE AMOUNT DEPOSITED, BALANCE AMOUNT NOT TO BE RECOVERED DURING PENDENCY OF APPEAL
SAT: SAT VIDE ITS ORDER DATED 01/09/2022 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER MAY BE FILE WITHIN THREE WEEKS THEREAFTER. DIRECTED APPELLANT TO DEPOSIT RS.5 LAC WITHIN THREE WEEKS FROM DATE OF THIS ORDER. IF THE AMOUNT DEPOSITED, BALANCE AMOUNT NOT TO BE RECOVERED DURING PENDENCY OF APPEAL
SAT: SAT VIDE ITS ORDER DATED 13/04/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED THE APPLICATION
SAT: SAT VIDE ITS ORDER DATED 07/12/2023 DISMISSED THE APPEAL FOR WANT OF PROSECUTION
SAT: SAT VIDE ITS ORDER DATED 18/12/2023 RECALLED THE ORDER DATED 07/12/2023
SAT: SAT VIDE ITS ORDER DATED 12/11/2024 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY AMOUNT TO RS.5 LAC FROM RS.10 LAC
SEBI VIDE ITS NOTICE DATED 29/11/2024 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.5301 OF 2022 DATED 10/08/2022
|
| 7653 |
|
|
VISTRA ITCL (INDIA) LTD.
(PAN:AAACI6832K)
|
|
|
DID NOT EXERCISE PROPER CARE AND INDEPENDENT PROFESSIONAL JUDGMENT IN FULFILLING ITS ROLES AND RESPONSIBILITIES TO ENSURE THAT ACTS OF FUND WERE IN COMPLIANCE WITH ALTERNATIVE INVESTMENT FUNDS
|
IMPOSED PENALTY RS.1,00,000
28-FEB-2025
|
|
| 7654 |
|
|
VISTRA ITCL (INDIA) LTD.
(PAN:AAACI6832K)
|
|
|
DID NOT ENSURE WINDING-UP OF AIF SCHEME PURSUANT TO COMPLETION OF THE TENURE VIOLATING CLAUSE 3(B) OF CODE OF CONDUCT AND REGULATION 29(1)(A) READ WITH REGULATIONS 29(5), 29(7) AND 20(1) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012 IN MATTER OF EXFINITY TECHNOLOGY FUND
|
IMPOSED PENALTY RS.10,00,000
25-JUN-2026
|
|
| 7655 |
|
|
VISU INTERNATIONAL LTD.
(PAN:AABCV1500A)
|
|
|
|
B.PRABHAKAR REDDY
PAN:ACVPB8307N
|
|
|
K.VISAWANATH REDDY
|
|
|
MUKESH BABULAL CHAURADIYA
PAN:AAVPC0966A
|
|
MISLED INVESTORS INTO BELIEVING ABOUT SUCCESS OF GDR ISSUE VIOLATING SECTION 12A (A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D) AND 4(1) AND 4 (2) (F), (K) & (R) OF SEBI (PFUTP) REGULATIONS, 2003
DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES OF PRE-ARRANGEMENT FOR SUBSCRIPTION OF GDRS ABOUT EXECUTION OF MOU WITH VINTAGE VIOLATING CLAUSE 36(7) OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956
DELAY IN MAKING DISCLOSURE TO STOCK EXCHANGES ABOUT OUTCOME OF BOARD MEETING VIOLATING OF CLAUSE 36(7) OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956
|
IMPOSED PENALTY RS.1,25,00,000
18-MAR-2021
|
|
| 7656 |
|
|
VISWAROOP MARKETING PVT.LTD.
(PAN:AADCV1815E)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME THROUGH REVERSAL OF TRADE TRANSACTIONS IN ILLIQUID STOCK OPTIONS AT BSE
|
IMPOSED PENALTY RS.5,00,000
19-MAR-2025
|
SEBI VIDE ITS NOTICE DATED 24/02/2026 DIRECTED TO PAY RS.5,61,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 10/04/2026 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
|
| 7657 |
|
|
VITAL COMMUNICATIONS LTD.
(CIN:L74899DL1995PLC065076
PAN:AAACV2016L)
|
|
|
DID NOT REDRESS INVESTOR COMPLAINTS
|
IMPOSED PENALTY RS.1,00,000
31-MAR-2015
|
|
| 7658 |
|
|
VITAL COMMUNICATIONS LTD.
(CIN:L74899DL1995PLC065076
PAN:AAACV2016L)
|
|
|
|
KALPANA
PAN:ECQPK2166H
DIN:07586724
|
|
|
MANOJ KUMAR
DIN:00906104
PAN:AHZPK9844N
|
|
|
ROOP SINGH
PAN:FLTPS0737M
DIN:07304997
|
|
|
SHYAM SUNDER SABHARWAL
DIN:01912767
PAN:ATPPS2548R
|
|
DID NOT PROVIDE RELEVANT INFORMATION TO SEBI IN RESPONSE TO SUMMONS ISSUED IN MATTER OF VITAL COMMUNICATIONS LTD.
|
IMPOSED PENALTY RS.5,00,000 ALONG WITH OTHER ENTITIES/PERSONS
30-AUG-2018
|
|
| 7659 |
|
|
VITAL PROBUILD PVT.LTD.
(CIN:U45400DL2009PTC195931
PAN:AADCV1292M)
|
|
|
AIDED AND ABETTED WITH OTHER ENTITIES IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF ERA INFRA ENGINEERING LTD.
|
IMPOSED PENALTY RS.30,000
28-JAN-2022
|
|
| 7660 |
|
|
VITAN AGRO INDUSTRIES LTD.
(PAN:AAACC1353K)
|
|
|
|
DINANATH SHYAMSUNDAR
PAN:BKXPS1638G
|
|
DID NOT SUBMIT STATEMENT TO STOCK EXCHANGES INDICATING VARIATIONS BETWEEN PROJECTED AND ACTUAL UTILIZATION OF FUNDS VIOLATING SECTIONS 12(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003
DID NOT SUBMIT STATEMENT TO STOCK EXCHANGES INDICATING VARIATIONS BETWEEN PROJECTED AND ACTUAL UTILIZATION OF FUNDS VIOLATING CLAUSE 43 OF ERSTWHILE LISTING AGREEMENT (NOW REGULATION 32 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 21 OF SCRA, 1956
|
IMPOSED PENALTY RS.1,10,00,000
20-SEP-2022
|
SEBI VIDE ITS NOTICE DATED 18/07/2023 DIRECTED TO PAY RS.1,11,01,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 27/09/2023 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
|
| 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 383 of 396
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