| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 61 |
|
RKSV SECURITIES INDIA PVT.LTD.
(Member : NSE/BSE)
|
|
|
ALLEGED FAILURE TO MAINTAIN ROBUST CYBER SECURITY AND CYBER RESILIENCE FRAMEWORK TO PROTECT INTEGRITY OF DATA AND PRIVACY VIOLATING CLAUSES 3, 7, 11, 14, 17, 29, 36, 37, 45 AND 46 OF ANNEXURE OF SEBI CIRCULAR SEBI/HO/MIRSD/CIR/PB/2018/147 DATED 03/12/2018
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,13,75,000 VIDE CONSENT ORDER)
03-NOV-2023
|
|
| 62 |
|
|
RR EQUITY BROKERS PVT.LTD.
(PAN:AACCR7602J)
(Member : BSE/NSE/MCX)
|
|
|
DELAY IN SETTLING FUNDS/SECURITIES OF ITS CLIENTS VIOLATING SEBI CIRCULARS NO.MIRSD/SE/CIR-19/2009 DATED 03/12/2009 AND CLAUSE A(5) OF CODE OF CODE OF CONDUCT READ WITH REGULATION 9(F) OF SEBI (STOCK BROKERS) REGULATIONS, 1992
PLEDGED CLIENT SECURITIES IN EXCESS OF THEIR OBLIGATION VIOLATING SEBI CIRCULAR NO.SMD/SED/CIR/93/23321 DATED 18/11/1993
MISUSED FUNDS RECEIVED FROM PLEDGING VIOLATING SEBI CIRCULAR NO.SMD/SED/CIR/93/23321 DATED 18/11/1993
|
IMPOSED PENALTY RS.2,00,000
25-JUL-2019
|
|
| 63 |
|
|
SHREEPATI HOLDINGS & FINANCE PVT.LTD.
(PAN:AAACS3111R)
(Member : BSE/NSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING CLAUSES A(2) AND A(5) OF CODE OF CONDUCT READ WITH REGULATIONS 9(F), 26(XV), 26(XVI) AND 26(XX) OF SEBI (STOCK BROKERS) REGULATIONS, 1992
DID NOT ADHERE TO VARIOUS SEBI CIRCULARS
|
IMPOSED PENALTY RS.3,00,000
18-DEC-2017
|
|
| 64 |
|
|
SHRI PARASRAM HOLDINGS PVT.LTD.
(PAN:AAACS4487J)
(Member : NSE/BSE/MSEI)
|
|
|
PLEDGED CLIENTS SECURITIES WITHOUT THEIR CONSENT VIOLATING SEBI CIRCULAR NO.SEBI/MRD/SE/SU/CIR-15/04 DATED 19/03/2004
PLEDGED CLIENTS SECURITIES WITHOUT THEIR CONSENT VIOLATING REGULATION 9 READ WITH CLAUSES A(1) TO A(3) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
06-JUL-2021
|
|
| 65 |
|
|
SKSE SECURITIES LTD.
(PAN:AAFCS1539J)
(Member : BSE/NSE)
|
|
|
ALLEGED FAILURE IN EXERCISING DUE SKILL, CARE & DILIGENCE AND DEAFULT IN ISSUANCE OF CONTRACT NOTE VIOLATING REGULATION 7 READ WITH CLAUSES A(2) AND B(2) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992
ALLEGED FAILURE IN MAINTAINING UNIFORMITY IN DOCUMENTS REQUIRED FOR TRADING VIOLATING SEBI CIRCULAR NO.SEBI/MIRSD/DPS-1/CIR31/2004 DATED 26/08/2004
ALLEGED VIOLATION OF REGULATIONS 26(III),(V),(VII),(XII),(XIII) AND (XX) OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.3,50,000 VIDE CONSENT ORDER)
12-APR-2010
|
|
| 66 |
|
|
SUNFLOWER BROKING PVT.LTD.
(PAN:AAACN5165E)
(Member : BSE/NSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND NOT COMPLIED WITH STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(2) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992
DELAY IN COMPLYING WITH SEBI CIRCULAR NO.MIRSD/SE/CIR-19/2009 DATED 03/12/2009
|
IMPOSED PENALTY RS.10,00,000
28-MAY-2014
|
SAT: SAT VIDE ITS ORDER DATED 03/05/2016 DISMISSED THE APPEAL. NO COSTS
|
| 67 |
|
|
SYKES & RAY EQUITIES (INDIA) LTD.
(PAN:AAECS5168A)
(Member : BSE/NSE/MCX)
|
|
|
DID NOT ADHERE TO VARIOUS SEBI CIRCULARS
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING CLAUSES A(1), A(2) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II READ WITH REGULATIONS 9(F) OF SEBI (STOCK BROKERS AND SUB-BROKERS) REGULATIONS, 1992
|
IMPOSED PENALTY RS.2,00,000
25-OCT-2018
|
|
| 68 |
|
|
TRADEBULLS SECURITIES PVT.LTD.
(PAN:AADCT2020P)
(Member : BSE/NSE)
|
|
|
DID NOT ADHERE TO VARIOUS SEBI CIRCULARS
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1),A(2) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992
|
IMPOSED PENALTY RS.10,00,000
23-SEP-2015
|
|
| 69 |
|
|
UKS FOREX PVT.LTD.
(PAN:AAACU4567D)
(Member : MCX/NSE/USEIL)
|
|
|
DID NOT OBTAIN PRIOR APPROVAL FROM SEBI FOR CHANGE IN CONTROL OF SHAREHOLDING AS REQUIRED UNDER REGULATION 6A (1) (C) (NOW BECOME 9(C)) OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSE A (5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992
DID NOT ADHERE TO SEBI CIRCULAR CIR/MIRSD/2/2011 DATED 03/06/2011
|
IMPOSED PENALTY RS.4,00,000
29-SEP-2015
|
|
| 70 |
|
|
VENTURA SECURITIES LTD.
(PAN:AAACV1361J)
(Member : BSE/NSE)
|
|
|
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS AND DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING CLAUSES A(1), A(2) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II READ WITH REGULATIONS 9(F) AND 26(XV), (XVI), (XIX) & (XX) OF SEBI (STOCK BROKERS AND SUB-BROKERS) REGULATIONS, 1992
DID NOT ADHERE TO VARIOUS SEBI CIRCULARS
|
IMPOSED PENALTY RS.3,00,000
29-NOV-2018
|
SAT: SAT VIDE ITS ORDER DATED 20/01/2021 ALLOWED THE APPEALS AND SET ASIDED IMPUGNED COMMUNICATION AND REMITTED THE MATTER TO SEBI TO RECONSIDER THE COMPLAINTS OF THE APPELLANTS AND DECIDE THE SAME IN ACCORDANCE WITH LAW. NO COSTS
|
| 71 |
|
|
YOKE SECURITIES LTD.
(Member : NSE/BSE/OTC)
|
|
|
ALLEGED VIOLATION OF VARIOUS SEBI CIRCULARS/ORDERS
ALLEGED VIOLATION OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992
ALLEGED VIOLATION OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
ALLEGED VIOLATION OF SEBI ACT, 1992
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.5,00,000, ADMINISTRATION CHARGES RS.25,000 VIDE CONSENT ORDER)
20-MAY-2009
|
|
| 72 |
|
|
ZEBU SHARE & WEALTH MANAGEMENTS PVT.LTD.
(PAN:AALCA8580D)
(Member : MCX)
|
|
|
DID NOT DEPLOY ADEQUATE MECHANISM TO GET TIMELY ALERTS ON CAPACITY UTILIZATION OF SYSTEMS WHEN IT GOES BEYOND 70% OF INSTALLED CAPACITY
DID NOT CONDUCT TESTING OF SOFTWARE, UPDATES AND CHANGES PRIOR TO DEPLOYMENT IN THE PRODUCTION
DID NOT HAVE INCIDENT AND RESPONSE TEAM/ CRISIS MANAGEMENT TEAM
DID NOT IDENTIFY AND CLASSIFY CRITICAL ASSETS BASED ON THEIR SENSITIVITY AND CRITICALITY FOR BUSINESS OPERATIONS, SERVICES AND DATA MANAGEMENT
DID NOT CONDUCT VULNERABILITY ASSESSMENT AND PENETRATION TEST (VAPT) OF ALL THE CRITICAL ASSETS AND INFRASTRUCTURE
DID NOT ESTABLISH APPROPRIATE MONITORING SYSTEMS AND PROCESSES TO FACILITATE CONTINUOUS MONITORING OF SECURITY EVENTS AND ALERTS/TIMELY DETECTION OF UNAUTHORIZED OR MALICIOUS ACTIVITIES
DID NOT PROVIDE LIST OF USERS WHO WERE GRANTED ACCESS TO CRITICAL SERVERS, PURPOSES AND PERIOD FOR WHICH ACCESS WAS GRANTED
DID NOT MAINTAIN LOGS OF SERVERS AND FIREWALLS
DID NOT INSTRUCT VENDORS TO ADHERE TO APPLICABLE GUIDELINES IN CYBER SECURITY AND CYBER RESILIENCE POLICY AND DID NOT OBTAIN NECESSARY SELF-CERTIFICATIONS FROM THEM TO ENSURE COMPLIANCE WITH POLICY GUIDELINES
|
IMPOSED PENALTY RS.5,00,000
08-AUG-2025
|
|
| 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 4 of 4
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