| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 841 |
|
PRASHANT JAYANTILAL PATEL,M/S
(PAN:AABPP2156M)
(Member : NSE)
|
|
|
|
PRASHANT JAYANTILAL PATEL
PAN:AABPP2156M
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED AND STRUCTURED DEALS IN SCRIP OF ROOFIT INDUSTRIES LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) AND A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF ROOFIT INDUSTRIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 15-MAY-2012 TO 21-MAY-2012
24-APR-2012
|
SAT: SAT VIDE ITS ORDER DATED 12/11/2012 REDUCED THE PENALTY TO WARNING FROM SUSPENSION OF CERTIFICATE OF REGISTRATION FOR A WEEK
|
| 842 |
|
|
PRAVIN V.SHAH STOCK BROKING PVT.LTD.
(Member : BSE)
|
|
|
|
DHITESH M.SHAH
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET THROUGH SYNCHRONIZED TRADES IN SCRIP OF AFTEK INFOSYS LTD.
DID NOT MAINTAIN HIGH STANDARDS OF INTEGRITY WHILE DEALING IN MARKET
|
IMPOSED PENALTY RS.5,00,000
14-JUN-2006
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 14/06/2006 SET ASIDE AND DIRECTED SEBI TO REFUND THE AMOUNT DEPOSITED BY APPLICANT
|
| 843 |
|
|
PRAVIN V.SHAH STOCK BROKING PVT.LTD.
(Member : BSE)
|
|
|
AIDED AND ABETTED KP ENTITIES IN CREATING ARTIFICIAL MARKET AND MANIPULATED PRICE IN SCRIP OF GLOBAL TELESYSTEM LTD.,ADANI EXPORTS LTD. AND HIMACHAL FUTURISTIC COMMUNICATIONS LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 27-SEP-2007 TO 26-OCT-2007
06-SEP-2007
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 06/09/2007 SET ASIDE WITH NO ORDER AS TO COSTS
|
| 844 |
|
|
PREFERRED SECURITIES PVT.LTD.
(PAN:AADCP2529H)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL VOLUME THROUGH REVERSAL OF TRADE TRANSACTIONS IN ILLIQUID STOCK OPTIONS AT BSE
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.1,00,000 VIDE CONSENT ORDER)
14-MAR-2023
|
|
| 845 |
|
|
PRERAK CAPITAL SERVICES PVT.LTD.
(Member : ASE)
|
|
|
INDULGED IN CREATION ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIP OF ADANI EXPORTS LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 16-OCT-2008 TO 20-OCT-2008
25-SEP-2008
|
|
| 846 |
|
|
PROFICIENT EQUITIES PVT.LTD.
(PAN:AAECP3230E)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL VOLUME THROUGH REVERSAL OF TRADE TRANSACTIONS IN ILLIQUID STOCK OPTIONS AT BSE
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.1,00,000 VIDE CONSENT ORDER)
14-MAR-2023
|
|
| 847 |
|
|
PRRSAAR SAMPADA PVT.LTD.
(PAN:AAACK1089Q)
(Member : BSE/NSE)
|
|
|
|
PRITI GUPTA
PAN:AFLPG6524M
|
|
|
VED PRAKASH GUPTA
PAN:AEFPG6958N
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION WHILE TRADING IN STOCK FUTURES AND OPTIONS
|
DIRECTED TO IMPOUND UNLAWFUL GAIN RS.22,06,44,706
DIRECTED TO OPEN FIXED DEPOSIT ACCOUNTS IN THEIR NAMES TO CREDIT OR DEPOSIT IMPOUNDING AMOUNT WITH A LIEN MARK IN FAVOUR OF SEBI AND AMOUNT KEPT THEREIN NOT TO BE RELEASED WITHOUT PERMISSION FROM SEBI
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI EXCEPT FOR THE PURPOSES OF TRANSFER OF FUNDS TO FIXED DEPOSIT ACCOUNT(S)
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
ALLOWED BANKS TO DEBIT FOR THE PURPOSE OF COMPLYING WITH THIS ORDER
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY OF THEIR ASSETS/PROPERTIES/ SECURITIES
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DIRECTED TO CO-OPERATE WITH SEBI IN INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION
RESTRAINED FROM BUYING, SELLING OR DEALING IN SECURITIES EITHER DIRECTLY OR INDIRECTLY IN PROPRIETARY ACCOUNT FROM 16-SEP-2026
16-SEP-2026
|
SAT: SAT VIDE ITS ORDER DATED 28/09/2026 DISPOSED OF THE APPEAL, HOLDING PERIOD OF RESTRAINT AS SUFFICIENT, AND DOES NOT PREVENT APPELLANT FROM TAKING UP ANY NEW ASSIGNMENT. NO COSTS
|
| 848 |
|
|
PRUDENT BROKING SERVICES PVT.LTD.
(PAN:AABCN5461G)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL VOLUME THROUGH REVERSAL OF TRADE TRANSACTIONS IN ILLIQUID STOCK OPTIONS AT BSE
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.2,00,000 VIDE CONSENT ORDER)
14-MAR-2023
|
|
| 849 |
|
|
PRUDENTIAL STOCK & SECURITIES LTD.
(Member : NSE)
|
|
|
SURRENDERED MEMBERSHIP CARD TO EXCHANGE
DID NOT EXERCISE DUE CARE AND DILIGENCE WHILE DISCHARGING DUTIES IN MATTER OF HITECHI JEWELLERY INDUSTRIES LTD.
AIDED AND ABETTED MARKET MANIPULATIONS IN SCRIP OF HITECHI JEWELLERY INDUSTRIES LTD.
|
DIRECTED VIOLATIONS TO BE TAKEN ON RECORD FOR REVIEWING REGISTRATION APPLICATION
03-AUG-2002
|
|
| 850 |
|
|
PUNIT CAPITAL & DEBT MARKET PVT.LTD.
(Member : NSE)
|
|
|
IN THE CASE OF HITECHI JEWELLERY INDUSTRIES LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
15-JUL-2002
|
|
| 851 |
|
|
PURSHOTTAM LAL KEJRIWAL,M/S
(Member : CSE)
|
|
|
|
PURSHOTTAM LAL KEJRIWAL
|
|
ACTED IN CONCERT WITH OTHER BROKERS TO CREATE ARTIFICIAL MARKET AND PRICE RISE THROUGH CONTINUOUS SELF DEALS EXECUTED AT ONE TERMINAL AND CROSS DEALS AMONG THEMSELVES
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 30-NOV-2005 TILL FURTHER ORDERS
30-NOV-2005
|
DIRECTED THAT INTERIM ORDER SHALL REMAIN IN FORCE TILL FURTHER ORDERS
RESTRAINT ORDER IMPOSED BY WAY OF INTERIM ORDERS DATED 29/09/2005 AND 30/11/2005 AND LATER CONFIRMED BY ORDERS DATED 12/01/2006 AND 31/05/2006 VACATED
|
| 852 |
|
|
QUANTUM GLOBAL SECURITIES & LEASING CO.LTD.
(PAN:AAACQ0053A)
(Member : NSE/OTC)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR, SELF, SYNCHRONIZED AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF GANGOTRI TEXTILES 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 GANGOTRI TEXTILES LTD.
|
IMPOSED PENALTY RS.75,00,000
22-JUL-2014
|
SAT: APPEAL DISMISSED. NO COSTS
SAT: SAT VIDE ITS ORDER DATED 18/03/2021 DISMISSED THE APPEAL FOR WANT OF PROSECUTION
SEBI VIDE ITS NOTICE DATED 22/06/2022 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 19/07/2022 DIRECTED ALL THE BANKS TO REMIT ENTIRE AMOUNT TO THE EXTENT LYING IN THE BANK AND TERM DEPOSIT ACCOUNTS OF QUANTUM GLOBAL SECURITIES & LEASING CO.LTD. TO SEBI BY WAY OF EFT/NEFT/RTGS
SEBI VIDE ITS ORDER DATED 27/07/2026 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.2822 OF 2020 DATED 05/02/2020
|
| 853 |
|
|
QUANTUM SECURITIES PVT.LTD.
(PAN:AAACQ0160C)
(Member : BSE/NSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL MARKET THROUGH CROSS AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF GHCL LTD.
ALLEGED FAILURE IN MAINTENANCE OF 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 GHCL LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.5,00,000, DISGORGEMENT AMOUNT RS.33,41,000 VIDE CONSENT ORDER)
14-JAN-2013
|
|
| 854 |
|
|
R K GLOBAL SHARES & SECURITIES LTD.
(PAN:AAACR5786P)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL VOLUME THROUGH REVERSAL OF TRADE TRANSACTIONS IN ILLIQUID STOCK OPTIONS AT BSE
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.1,00,000 VIDE CONSENT ORDER)
14-MAR-2023
|
|
| 855 |
|
|
R K GLOBAL SHARES & SECURITIES LTD.
(PAN:AAACR5786P)
(Member : NSE)
|
|
|
INDULGED IN PRICE MANIPULATION BY CIRCULAR AND STRUCTURED TRANSACTIONS IN SCRIP OF SOUNDCRAFT INDUSTRIES LTD.
DID NOT EXERCISE DUE SKILL AND DILIGENCE WHILE DEALING WITH HIS CLIENTS IN SCRIP OF SOUNDCRAFT INDUSTRIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 03-JAN-2009 TO 02-FEB-2009
12-DEC-2008
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 12/12/2008 SET ASIDE WITH NO ORDER AS TO COSTS
|
| 856 |
|
|
R.B.K.SHARE BROKING LTD.
(PAN:AAACR5488A)
(Member : BSE)
|
|
|
|
R.B.KHANDELWAL
|
|
IN THE CASE OF YASHODHAM COMMERCIAL ENTERPRISES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 10-JUN-2002 TO 09-JUL-2002
15-JUL-2002
|
SAT: IMPUGNED ORDER SET ASIDE AND APPEAL ALLOWED
SAT: A) SAT VIDE ITS ORDER DATED 19/03/2014 CONDONED THE DELAY.
B) SAT VIDE ITS ORDER DATED 19/03/2014 ALLOWED TO WITHDRAWN THE APPEAL AND FILE FRESH APPEAL WITHIN A PERIOD OF TWO WEEKS FROM THE DATE OF THIS ORDER PRESS_RELEASE/SAT/ST1773.PDF
|
| 857 |
|
|
R.J.STOCK BROKING PVT.LTD.
(PAN:AAACP8295M)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL VOLUME THROUGH REVERSAL OF TRADE TRANSACTIONS IN ILLIQUID STOCK OPTIONS AT BSE
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.1,00,000 VIDE CONSENT ORDER)
14-MAR-2023
|
|
| 858 |
|
|
R.K.BANSAL & CO.
(Member : LSE)
|
|
|
|
RAVINDER KUMAR BANSAL
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF S.G.CAPITAL SERVICES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 07-DEC-2009 TO 21-DEC-2009
17-NOV-2009
|
|
| 859 |
|
|
R.K.DHAMANI & CO.
(Member : JSE)
|
|
|
|
R.K.DHAMANI
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF RAHUL MERCHANDISING LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 13-APR-1998 TO 12-JUN-1998
01-APR-1998
|
|
| 860 |
|
|
R.K.STOCK HOLDING PVT.LTD.
(PAN:AACCR0011K)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL VOLUME THROUGH REVERSAL OF TRADE TRANSACTIONS IN ILLIQUID STOCK OPTIONS AT BSE
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.1,00,000 VIDE CONSENT ORDER)
14-MAR-2023
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 43 of 62
|
