| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 841 |
|
PROFOUND FINANCE PVT.LTD.
(CIN:U65921PB1998PTC021233
PAN:AACCC2700J)
|
|
|
DESIGNED MANIPULATIVE SCHEME TO DEFRAUD INVESTORS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(A), 4(2)(B) AND 4(2)(E) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF LS INDUSTRIES LTD.
|
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
RESTRAINED FROM BUYING, SELLING OR DEALING IN SHARES OF LS INDUSTRIES LTD. EITHER DIRECTLY OR INDIRECTLY IN ANY MANNER WHATSOEVER FROM 11-FEB-2025 UNTIL FURTHER ORDERS
11-FEB-2025
|
SEBI VIDE ITS ORDER DATED 30/05/2025 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 11/02/2025 AND DIRECTED TO COOPERATE WITH SEBI IN INVESTIGATION IN RIGHT EARNEST
SEBI VIDE ITS ORDER DATED 09/10/2026 REVOKED ITS DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 11/02/2025 AND CONFIRMATORY ORDER DATED 30/05/2025
|
| 842 |
|
|
PROSPECT CAPITAL LTD.
|
|
|
|
JOHN BEHAR
|
|
INDULGED IN ISSUANCE OF GDRS FRAUDULENTLY AND EXECUTED PLEDGE AGREEMENT ON BEHALF OF FARMAX VIOLATING SECTIONS 12A (A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF FARMAX INDIA LTD.
|
BARRED FROM RENDERING SERVICES IN CONNECTION WITH INSTRUMENTS THAT ARE DEFINED AS SECURITIES (AS IN SECTION 2 (H) OF SCRA ACT, 1956) IN INDIAN MARKET OR IN ANY WAY DEALING WITH THEM
14-JUL-2020
|
SAT: SAT VIDE ITS ORDER DATED 21/10/2021 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 21/03/2022 DISMISSED THE APPEAL. NO COSTS
|
| 843 |
|
|
PROSPECT CAPITAL LTD.
|
|
|
|
JOHN BEHAR
|
|
DEVISED MANIPULATIVE AND FRAUDULENT SCHEME RECEIVED ALLOTMENT OF GDRS WITHOUT PAYING CONSIDERATION/SUBSCRIPTION MONEY VIOLATING SECTION 12A(A) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF AQUA LOGISTICS 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-JUL-2021 TO 21-JUL-2023
22-JUL-2021
|
SAT: SAT VIDE ITS ORDER DATED 07/10/2021 DIRECTED CONDONED THE DELAY OF 371 DAYS IN FILING OF APPEAL AND ALLOWED THE APPLICATION
|
| 844 |
|
|
PRRANETA INDUSTRIES LTD.
|
|
|
FACILITATED THE COMPANY IN GIVING FINANCIAL ASSISTANCE BY ALLOWING THEIR BANK ACCOUNTS FOR ROUTING OF FUNDS IN CONNECTION WITH THE SUBSCRIPTION MADE BY PREFERENTIAL ALLOTTEES 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 ALLIED COMPUTER INTERNATIONAL (ASIA) LTD.
|
IMPOSED PENALTY RS.2,00,000
29-JUL-2022
|
SEBI VIDE ITS NOTICE DATED 05/04/2023 DIRECTED TO PAY RS.2,21,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 08/08/2023 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 NOTICE DATED 19/12/2023 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 08/08/2023
SEBI VIDE ITS ORDER DATED 19/12/2023 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.6374 OF 2022 DATED 05/08/2023
|
| 845 |
|
|
PUNJAB MERCANTILE & TRADERS LTD.
(PAN:AAACP0228J)
|
|
|
ALLEGED VIOLATION SECTIONS 12A(A) AND 12A(B) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B), 3(C) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003
ALLEGED FAILURE IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND/OR STOCK EXCHANGES AS REQUIRED UNDER REGULATION 30(2) OF SAST REGULATIONS, 2011 IN MATTER OF SAHU JAIN LTD.
ALLEGED FAILURE IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND/OR STOCK EXCHANGE AS REQUIRED UNDER REGULATION 7(1)(A) OF SEBI (PIT) REGULATIONS, 2015 IN MATTER OF SAHU JAIN LTD.
ALLEGED FAILURE IN COMPLIANCE OF MINIMUM PUBLIC SHAREHOLDING NORMS VIOLATING CLAUSE 2(II) OF SEBI CIRCULAR NO.CIR/CFD/DIL/10/2010 DATED 16/12/2010 READ WITH CIRCULAR NO.CIR/CFD/CMD/14/2015 DATED 30/11/2015
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.2,24,21,300 VIDE CONSENT ORDER)
07-SEP-2022
|
|
| 846 |
|
|
PUNJAB MERCANTILE & TRADERS LTD.
(PAN:AAACP0228J)
|
|
|
ALLEGED VIOLATION SECTIONS 12A(A) AND 12A(B) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B), 3(C) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003
ALLEGED FAILURE IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND/OR STOCK EXCHANGES AS REQUIRED UNDER REGULATION 30(2) OF SAST REGULATIONS, 2011 IN MATTER OF COMBINE HOLDING LTD.
ALLEGED FAILURE IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND/OR STOCK EXCHANGE AS REQUIRED UNDER REGULATION 7(1)(A) OF SEBI (PIT) REGULATIONS, 2015 IN MATTER OF COMBINE HOLDING LTD.
ALLEGED FAILURE IN COMPLIANCE OF MINIMUM PUBLIC SHAREHOLDING NORMS VIOLATING CLAUSE 2(II) OF SEBI CIRCULAR NO.CIR/CFD/DIL/10/2010 DATED 16/12/2010 READ WITH CIRCULAR NO.CIR/CFD/CMD/14/2015 DATED 30/11/2015
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.2,24,21,300 VIDE CONSENT ORDER)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY TO UNDERTAKE TO EXTEND EXIT OFFER FOR THREE MONTHS FROM DATE OF SETTLEMENT ORDER BY ISSUANCE OF INDIVIDUAL NOTICES,
UNDER SPEED POST, DIRECTLY TO THE REMAINING PUBLIC SHAREHOLDERS OF COMBINE HOLDING LTD. AT THE SAME EXIT PRICE AS WAS OFFERED IN 2019 IN RESPECT OF PUNJAB MERCANTILE & TRADERS LTD.)
07-SEP-2022
|
|
| 847 |
|
|
PYRAMID SALES PVT.LTD.
(PAN:AABCP4870D)
|
|
|
INDULGED IN SIPHONING OFF IPO PROCEEDS IN MATTER OF MIDVALLEY ENTERTAINMENT LTD.
DID NOT PROVIDE INFORMATION/DOCUMENTS SOUGHT VIDE SUMMON IN MATTER OF MIDVALLEY ENTERTAINMENT LTD.
|
IMPOSED PENALTY RS.7,00,000
31-MAY-2022
|
|
| 848 |
|
|
QUASAR INDIA LTD.
(PAN:AAACQ0219Q)
|
|
|
|
ANKIT AGARWAL
PAN:AIOPA4947L
|
|
|
GANESH PRASAD GUPTA
PAN:AHEPG4955F
|
|
|
YOGESH BANSAL
PAN:AIJPB0977G
|
|
DID NOT UTILIZE FUNDS RAISED THROUGH PREFERENTIAL ALLOTMENTS AS STATED IN OBJECTS OF ISSUE VIOLATING SECTIONS 12(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(F) AND (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF QUASAR INDIA LTD.
DID NOT UTILIZE FUNDS RAISED THROUGH PREFERENTIAL ALLOTMENTS AS STATED IN OBJECTS OF ISSUE AND DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES VIOLATING CLAUSES 43 OF ERSTWHILE LISTING AGREEMENT (NOW REGULATION 32 OF SEBI (LODR) REGULATIONS, 2015) READ WITH SECTION 21 OF SCRA, 1956
|
IMPOSED PENALTY RS.12,00,000
10-OCT-2022
|
SAT: SAT VIDE ITS ORDER DATED 28/02/2023 PARTLY ALLOWED THE APPEAL. AFFIRMED PENALTY IMPOSED U/S 12A OF SEBI, 1992 READ WITH REGULATIONS 3 AND 4 OF SEBI (PFUTP) REGULATIONS AND QUASHED PENALTY IMPOSED U/S 23E OF SCRA IMPUGNED ORDER DATED 10/10/2022
SEBI VIDE ITS NOTICE DATED 15/03/2023 DIRECTED TO PAY RS.7,43,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 31/03/2023 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.6316 OF 2023 DATED 15/03/2023
|
| 849 |
|
|
QUEST FINANCIAL SERVICES LTD.
(CIN:L65993WB1980PLC033060
PAN:AAACQ0461C)
|
|
|
|
PRAKASH KUMAR JAJODIA
PAN:ACOPJ3493L
|
|
|
RABINDRA KUMAR HISARIA
PAN:AASPH1680H
|
|
DID NOT FURNISH INFORMATION AND DID NOT COOPERATE WITH FORENSIC AUDITOR
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF QUEST FINANCIAL SERVICES LTD. AND SUBSIDIARIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO (D), 4(1), 4(2) (F) AND (R) OF SEBI (PFUTP) REGULATION, 2003
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF QUEST FINANCIAL SERVICES LTD. 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 QUEST FINANCIAL SERVICES 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 21-MAR-2022 TO 20-MAR-2023
IMPOSED PENALTY RS.15,00,000
21-MAR-2022
|
SAT: SAT VIDE ITS ORDER DATED 16/09/2022 CONDONED THE DELAY IN FILING OF APPEAL
SAT: SAT VIDE ITS ORDER DATED 01/11/2022 DISMISSED THE APPEAL FOR WANT OF PROSECUTION
SAT: SAT VIDE ITS ORDER DATED 01/12/2023 CONDONED THE DELAY IN FILING OF APPEAL AND RECALLED ORDER DATED 01/11/2023
SAT: SAT VIDE ITS ORDER DATED 04/12/2023 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY AMOUNT TO RS.15 LAC FROM RS.40 LAC
|
| 850 |
|
|
R G S TRADERS PVT.LTD.
(PAN:AACCR1293D)
|
|
|
AIDED AND ABETTED RANA SUGARS LTD. AND ITS PROMOTERS/DIRECTORS TO SIPHONING OFF/DIVERSION OF FUNDS FROM RANA SUGARS LTD. VIOLATING SECTIONS 12A(B) AND 12A (C) OF SEBI ACT, 1992 AND REGULATIONS 3(C) AND 3(D) READ WITH 4(1), 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RANA SUGAR 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 27-AUG-2024 TO 26-AUG-2026
IMPOSED PENALTY RS.3,00,00,000
27-AUG-2024
|
SAT: SAT VIDE ITS ORDER DATED 06/01/2025 GRANTED APPELLANTS A WEEK’S TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 15/01/2025 ALLOWED THE EXEMPTION APPLICATION AND GRANTED EARLIER INTERIM PROTECTION TO BE CONTINUE TILL NEXT DATE OF HEARING
SAT: SAT VIDE ITS ORDER DATED 30/01/2025 GRANTED RESPONDENT FOUR WEEKS TO FILE REPLY AND REJOINDER, IF ANY, BE FILED WITHIN TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 06/03/2025 DIRECTED SEBI TO FILE REPLY WITHIN FOUR WEEKS AND REJOINDER, IF ANY, TO BE FILED TWO WEEKS THEREAFTER. IN THE MEANWHILE, SEBI NOT TO INITIATE ANY COERCIVE ACTION AGAINST APPELLANTS
SAT: SAT VIDE ITS ORDER DATED 11/06/2025 CONDONED THE DELAY IN FILING OF REPLY AND GRANTED APPELLANT THREE WEEKS TO FILE REJOINDER
|
| 851 |
|
|
R J TEXFAB PVT.LTD.
(PAN:AACCR1544H)
|
|
|
AIDED AND ABETTED RANA SUGARS LTD. AND ITS PROMOTERS/DIRECTORS TO SIPHONING OFF/DIVERSION OF FUNDS FROM RANA SUGARS LTD. VIOLATING SECTIONS 12A(B) AND 12A (C) OF SEBI ACT, 1992 AND REGULATIONS 3(C) AND 3(D) READ WITH 4(1), 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RANA SUGAR 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 27-AUG-2024 TO 26-AUG-2026
IMPOSED PENALTY RS.3,00,00,000
27-AUG-2024
|
SAT: SAT VIDE ITS ORDER DATED 06/01/2025 GRANTED APPELLANTS A WEEK’S TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 15/01/2025 ALLOWED THE EXEMPTION APPLICATION AND GRANTED EARLIER INTERIM PROTECTION TO BE CONTINUE TILL NEXT DATE OF HEARING
SAT: SAT VIDE ITS ORDER DATED 30/01/2025 GRANTED RESPONDENT FOUR WEEKS TO FILE REPLY AND REJOINDER, IF ANY, BE FILED WITHIN TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 06/03/2025 DIRECTED SEBI TO FILE REPLY WITHIN FOUR WEEKS AND REJOINDER, IF ANY, TO BE FILED TWO WEEKS THEREAFTER. IN THE MEANWHILE, SEBI NOT TO INITIATE ANY COERCIVE ACTION AGAINST APPELLANTS
SAT: SAT VIDE ITS ORDER DATED 11/06/2025 CONDONED THE DELAY IN FILING OF REPLY AND GRANTED APPELLANT THREE WEEKS TO FILE REJOINDER
|
| 852 |
|
|
R.K.COMMODITIES SERVICES PVT.LTD.
(PAN:AADCR3305H)
|
|
|
|
NAVDEEP VARSHNEYA
PAN:ADFPV9839A
|
|
|
RAJENDRA KUMAR GUPTA
PAN:ADTPG0459K
|
|
|
SUNDEEP CHADHA
PAN:AAHPC9809N
|
|
AIDED AND FACILITATED IN DECEPTIVE TRANSACTIONS OR SCHEMES WITH A VIEW TO DISTORTING MARKET VIOLATING SECTIONS 12(A) TO 12A(C) OF SEBI ACT. AND REGULATIONS 3(A) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF MENTHA OIL FUTURE CONTRACTS
|
IMPOSED PENALTY RS.10,00,000 ALONG WITH OTHER ENTITIES/PERSONS
31-MAR-2023
|
SEBI VIDE ITS NOTICE DATED 16/08/2023 DIRECTED TO PAY RS.10,61,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 08/09/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SEBI VIDE ITS ORDER DATED 12/09/2023 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
SEBI VIDE ITS NOTICE DATED 25/09/2023 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 12/09/2023
SEBI VIDE ITS ORDER DATED 25/09/2023 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.7075 OF 2023 DATED 16/08/2023
|
| 853 |
|
|
R.K.COMMODITIES SERVICES PVT.LTD.
(PAN:AADCR3305H)
|
|
|
|
NAVDEEP VARSHNEYA
PAN:ADFPV9839A
|
|
|
RAJENDRA KUMAR GUPTA
PAN:ADTPG0459K
|
|
|
SUNDEEP CHADHA
PAN:AAHPC9809N
|
|
AIDED AND ABETTED SCHEME AND ARTIFICE UTILIZED BY NEFM GROUP FOR TRADING IN MENTHA OIL CONTRACTS THROUGH A NUMBER OF ENTITIES WHO TRADED IN MENTHA OIL FUTURES AS CLIENT OF RCS VIOLATING REGULATION 2(1)(C) OF SEBI (PFUTP) REGULATIONS, 2003
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 28-FEB-2019 TILL FURTHER ORDERS
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 28-FEB-2019 TILL FURTHER ORDERS
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
28-FEB-2019
|
SAT: SAT VIDE ITS ORDER DATED 12/03/2019 ALLOWED THE APPEAL.NO COST
SEBI VIDE ITS ORDER DATED 06/12/2019 REVOKED ITS DIRECTIONS ISSUED VIDE ITS EX-PARTE INTERIM ORDER DATED 28/02/2019
SAT: SAT VIDE ITS ORDER DATED 03/07/2023 ALLOWED RESPONDENT FURTHER TWO WEEKS TO FILE REPLY AND REJOINDER TO BE FILED WITHIN TWO WEEKS
SAT: SAT VIDE ITS ORDER DATED 09/08/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
|
| 854 |
|
|
RAAHUL HANSRAJ SHAH (HUF)
(PAN:AARHR6643F)
|
|
|
INDULGED IN FRONT RUNNING THE TRADES OF BIG CLIENTS VIOLATING SECTIONS 12A(A) TO 12A(C) AND 12A(E) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1) AND 4(2)(Q) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF BHARAT KANAIYALAL SHETH FAMILY TRUST, RAVI KANAIYALAL SHETH FAMILY TRUST AND ARJUN DISCRETIONARY TRUST
|
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 23-OCT-2025 TO 22-OCT-2026
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM FROM 23-OCT-2025 TO 22-OCT-2026
ALLOWED BANKS TO DEBIT FOR THE PURPOSE OF MAKING REFUNDS TO CLIENTS/INVESTORS/COMPLAINANTS
IMPOSED PENALTY RS.5,00,000
23-OCT-2025
|
SAT: SAT VIDE ITS ORDER DATED 13/02/2026 CONDONED THE DELAY OF 07 DAYS IN FILING OF APPEAL. ALLOWED RESPONDENT SIX WEEKS TO FILE REPLY AND REJOINDER, IF ANY, BE FILED WITHIN THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 10/08/2026 PARTLY ALLOWED THE APPEAL BY MODIFYING PENALTY AMOUNT TO RS.5 LAC FROM RS.6 LAC AND DEBARMENT TO ONE YEAR FROM TWO YEARS. NO COSTS
|
| 855 |
|
|
RADFORD REAL ESTATE PVT.LTD.
(PAN:AAECR5403K)
|
|
|
INDULGED IN FUNDING OF PREFERENTIAL ALLOTMENTS VIA ROUTING OF FUNDS THROUGH COMPANY’S SUPPLIERS/OTHER ENTITIES 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 ARNAV CORP.LTD.
|
IMPOSED PENALTY RS.2,00,000
28-FEB-2023
|
|
| 856 |
|
|
RADHASOAMI SECURITIES PVT.LTD.
(PAN:AABCT5459J)
|
|
|
INDULGED IN SIPHONING OFF/DIVERSION OF RS.33.83 CRORES IN IPO PROCEEDS VIOLATING SECTIONS 12(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF IPO OF RAVI KUMAR DISTILLERIES LTD.
|
IMPOSED PENALTY RS.5,00,000
21-AUG-2020
|
|
| 857 |
|
|
RAGA ORGANICS PVT.LTD.
(PAN:AAACM7836M)
|
|
|
INDULGED IN ISSUANCE OF WARRANTS/SHARES ON BASIS OF PREFERENTIAL ALLOTMENT WITHOUT RECEIPT OF CONSIDERATION VIOLATING SECTION 12A (A) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF MANGALAM DRUGS & ORGANICS LTD.
INDULGED IN ISSUANCE OF WARRANTS/SHARES ON BASIS OF PREFERENTIAL ALLOTMENT WITHOUT RECEIPT OF CONSIDERATION VIOLATING REGULATIONS 77(2) AND 77(3) OF SEBI (ICDR) REGULATIONS, 2009 READ WITH REGULATION 169(2) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF MANGALAM DRUGS & ORGANICS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-SEP-2020
IMPOSED PENALTY RS.5,00,000
22-SEP-2020
|
SAT: SAT VIDE ITS ORDER DATED 10/12/2020 DIRECTED RESPONDENT THREE WEEKS TIME TO FILE REPLY AND APPELLANT TO FILE REJOINDER TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 27/06/2022 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 22/09/2020
|
| 858 |
|
|
RAINBOW PAPERS LTD.
(CIN:L21010GJ1986PLC008772
PAN:AAACR5415K)
|
|
|
|
AJAYKUMAR RADHESHYAM GOENKA
PAN:AAZPG8113B
|
|
|
ARUN RAMSWAROOP PANCHARIYA
PAN:AEVPP6125N
|
|
|
MUKESH BABULAL CHAURADIYA
PAN:AAVPC0966A
|
|
|
SANGEETA AJAY GOENKA
PAN:AADPG0153F
|
|
INDULGED IN ISSUANCE OF GDRS FRAUDULENTLY AND EXECUTED PLEDGE AGREEMENT ON BEHALF OF RAINBOW PAPERS LTD. VIOLATING SECTIONS 12A (A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RAINBOW PAPERS LTD.
|
IMPOSED PENALTY RS.51,00,000
27-MAY-2022
|
|
| 859 |
|
|
RAINBOW PAPERS LTD.
(CIN:L21010GJ1986PLC008772
PAN:AAACR5415K)
|
|
|
|
AJAYKUMAR RADHESHYAM GOENKA
PAN:AAZPG8113B
|
|
|
MUKESH BABULAL CHAURADIYA
PAN:AAVPC0966A
|
|
|
SANGEETA AJAY GOENKA
PAN:AADPG0153F
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INDULGED IN FACILITATING SUBSCRIPTION OF 10,235,455 GDRS AMOUNTING TO USD 27.02 MN. GDRS BY VINTAGE FZE, UAE THROUGH FINANCE OBTAINED FROM EURAM BANK, AUSTRIA FOR SUBSCRIPTION OF GDR AND ISSUER COMPANY (RAINBOW PAPERS LTD.) PLEDGED GDR WITH EURAM BANK VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(F), (K) AND (R) OF SEBI (PFUTP) REGULATIONS, 2003
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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 26-OCT-2021 TO 25-OCT-2024
DIRECTED TO CONTINUE TO PURSUE THE MEASURES OF BRING BACK OUTSTANDING USD 6,260,183 INTO ITS BANK ACCOUNT IN INDIA
DIRECTED TO FURNISH CERTIFICATE FROM PEER REVIEWED CHARTERED ACCOUNTANTS ALONGWITH NECESSARY DOCUMENTARY EVIDENCES TO SEBI
26-OCT-2021
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| 860 |
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RAJ RADHIKA PROPERTY LTD.
(PAN:AAECR0913Q)
(Along with : ANUKARAN COMMERCIAL ENTERPRISES LTD.,
PARESH VORA (HUF),
JITEN VORA (HUF),
VAIBHAV ENTERPRISE,
RAJDEEP ENTERPRISE)
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ARPITA VORA
PAN:AAEPV7626D
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FAIYAZ RANGWALA
PAN:AADPR8710M
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JITEN VORA
PAN:AAAPV3821G
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KANKUBEN VORA
PAN:AAFPV0269D
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KUSHAL P.SHAH
PAN:AXPPS9103G
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MANOJ SHAH
PAN:AGUPS7516D
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PARAS MEHTA
PAN:AAEPM1638C
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PARESH VORA
PAN:AAAPV3819J
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VARSHA VORA
PAN:AAEPB7941H
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EXECUTED ELABORATELY ROUTED TRANSACTIONS FOR THE PURPOSE OF FUNDING ITS OWN PREFERENTIAL ALLOTMENT VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ANUKARAN COMMERCIAL ENTERPRISE LTD.
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IMPOSED PENALTY RS.30,00,000 ALONG WITH OTHER ENTITIES/PERSONS
29-JUL-2022
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SAT: SAT VIDE ITS ORDER DATED 12/10/2022 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER AND DIRECTED APPELLANTS TO DEPOSIT A SUM OF RS.20 LAC WITHIN FOUR WEEKS FROM DATE OF THIS ORDER AND BALANCE AMOUNT NOT TO BE RECOVERED DURING PENDENCY OF APPEAL
SAT: SAT VIDE ITS ORDER DATED 22/12/2022 CONDONED THE DELAY IN FILING OF APPEAL AND DIRECTED REJOINDER TO BE FILED WITHIN THREE WEEKS
SAT: SAT VIDE ITS ORDER DATED 13/02/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 20/03/2023 ALLOWED APPELLANTS FURTHER THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 27/04/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT VIDE ITS ORDER DATED 15/10/2025 ALLOWED THE APPEAL AND SET ASIDE IMPUGNED ORDER DATED 29/07/2022. NO COSTS
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| 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 43 of 61
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