| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1001 |
|
SAURASHTRA CAPITAL SERVICES PVT.LTD.
(PAN:AABCS7785A)
(Member : NSE)
|
|
|
|
CHANDRAKANT TANNA
|
|
|
MUKESH DOSHI
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE WHILE DEALING WITH HIS CLIENTS IN SCRIP OF MAZDA FABRICS PROCESSORS LTD.
AIDED AND ABETTED CLIENTS IN CREATING MISLEADING APPEARANCE OF TRADING IN SCRIP OF MAZDA FABRICS & PROCESSORS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 21-MAY-2007 TO 20-JUL-2007
30-APR-2007
|
|
| 1002 |
|
|
SAURASHTRA CAPITAL SERVICES PVT.LTD.
(PAN:AABCS7785A)
(Member : BSE)
|
|
|
|
CHANDRAKANT TANNA
|
|
|
MUKESH DOSHI
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE WHILE DEALING WITH HIS CLIENTS IN SCRIP OF MAZDA FABRICS PROCESSORS LTD.
AIDED AND ABETTED CLIENTS IN CREATING MISLEADING APPEARANCE OF TRADING IN SCRIP OF MAZDA FABRICS & PROCESSORS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 21-MAY-2007 TO 20-JUL-2007
30-APR-2007
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.4,00,000, LEGAL EXPENSES RS.1,00,000 VIDE CONSENT ORDER)
12-NOV-2007
|
SAT: ORDER DATED 30/04/2007 SET ASIDE AS APPLICANT AGREED TO PAY RS.5,00,000 AS PER CONSENT ORDER.
|
| 1003 |
|
|
SAV STOCK MANAGEMENT PVT.LTD.
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN CIRCULAR TRADING IN SCRIP OF SOUNDCRAFT INDUSTRIES LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.50,000 VIDE CONSENT ORDER)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY TO BE SUSPENDED FROM REGISTRATION AS STOCK BROKER) FROM 23-JAN-2009 TO 22-FEB-2009
23-JAN-2009
|
|
| 1004 |
|
|
SDFC SECURITIES LTD.
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH STRUCTURED & CROSS DEALS IN SCRIP OF VISION ORGANICS LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, INDULGED IN MANIPULATIVE ACTIVITIES AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1), A(3) TO A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF VISION ORGANICS LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
11-FEB-2015
|
|
| 1005 |
|
|
SECURITIES BROKERS OF INDIA LTD.
(Member : DSE)
|
|
|
INVOLVED IN MARKET MANIPULATION IN SCRIP OF MUNGA HOLDINGS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 21-SEP-2004 TO 20-MAR-2005
31-AUG-2004
|
|
| 1006 |
|
|
SEEMA SECURITIES PVT.LTD.
(PAN:AACCS7683Q)
(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
|
|
| 1007 |
|
|
SHAH INVESTOR'S HOME LTD.
(PAN:AAFCS4436C)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL VOLUME THROUGH REVERSAL OF TRADE TRANSACTIONS IN SCRIPS OF COMPUAGE INFOCOM LTD., TRANSPEK INDUSTRY LTD. AND ALKYL AMINES CHEMICALS LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.3,00,000, LEGAL EXPENSES RS.1,00,000 VIDE CONSENT ORDER)
05-DEC-2012
|
|
| 1008 |
|
|
SHAHRUKH N.TARA,M/S
(Member : BSE)
|
|
|
|
SHAHRUKH N.TARA
|
|
ACTED IN CONCERT WITH OTHER BROKERS TO CORNER A VERY LARGE QUANTITY OF SHARES OF BPL, VIDEOCON AND STERLITE
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIPS OF BPL LTD., VIDEOCON INTERNATIONAL LTD. AND STERLITE INDUSTRIES LTD.
DID NOT COLLECT MARGINS FROM CLIENTS
DEFAULTED IN PAY-IN OBLIGATIONS
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 17-NOV-1999
17-NOV-1999
|
|
| 1009 |
|
|
SHAILESH M.NISSAR,M/S
(Member : BSE)
|
|
|
|
SHAILESH M.NISSAR
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF ADVIK LOBORATORIES LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.8,00,000 VIDE CONSENT ORDER)
29-OCT-2008
|
|
| 1010 |
|
|
SHAILESH M.NISSAR,M/S
(Member : BSE)
|
|
|
|
SHAILESH M.NISSAR
|
|
ACTED IN CONCERT TO CREATE ARTIFICIAL MARKET/PRICE IN SCRIP OF ELTROL LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 05-OCT-2005 TILL FURTHER ORDERS
05-OCT-2005
|
DIRECTION ISSUED VIDE AD INTERIM EX-PARTE ORDER DATED 05/10/2005 REVOKED VIDE ORDER DATED 28/07/2010
|
| 1011 |
|
|
SHAILESH SHAH SECURITIES PVT.LTD.
(PAN:AAECS3607E)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF DENSO (INDIA) LTD.
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE VIOLATING REGULATION 9 READ WITH CLAUSE A(2) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF DENSO (INDIA) LTD.
|
IMPOSED PENALTY RS.8,00,000
31-JAN-2019
|
SEBI VIDE ITS ORDER DATED 02/03/2020 A) PROHIBITED FROM DISPOSING, TRANSFERRING, ALIENATING OR CHARGING IN RESPECT OF ALL THE MOVABLE AND IMMOVABLE PROPERTIES LISTED IN THE ORDER B) PROHIBITED FROM TAKING ANY BENEFIT UNDER SUCH DISPOSAL, TRANSFER, ALIENATION OR CHARGE IN RESPECT OF PROPERTIES LISTED IN ORDER C) NOT TO ACT UPON ANY DOCUMENTS PURPORTING TO BE DEALING WITH TRANSFER, MORTGAGE, CHARGE, LEASE OR CREATION OR ALTERATION OF ANY INTEREST IN ANY OF THE PROPERTIES HELD BY THE DEFAULTERS, IF PRESENTED FOR REGISTRATION
SEBI VIDE ITS ORDER DATED 03/03/2020 DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL AND MUTUAL FUNDS 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 02/03/2020
SAT: SAT VIDE ITS ORDER DATED 04/01/2022 DISMISSED THE APPEAL. NO COSTS
|
| 1012 |
|
|
SHAILESH SHAH SECURITIES PVT.LTD.
(PAN:AAECS3607E)
(Member : BSE)
|
|
|
|
ASHISH D.JHAVERI
|
|
|
HARENDRA DOLATRAI SHAH
PAN:AAFPS1912G
|
|
|
PANKAJ DOLATRAI SHAH
PAN:AAFPS1913H
|
|
|
RAJENDRA DOLATRAI SHAH
PAN:AAFPS1910E
|
|
|
SHAILESH DOLATRAI SHAH
PAN:AAFPS1911F
|
|
INDULGED IN NEGOTIATED DEALS WITH MATCH TRANSACTIONS IN SCRIP OF DSQ SOFTWARE LTD.,GLOBAL TELE-SYSTEMS LTD.,HIMACHAL FUTURISTIC COMMUNICATIONS LTD.,HINDUSTAN LEVER LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
16-AUG-2007
|
|
| 1013 |
|
|
SHALIBHADRA SECURITIES LTD.
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH MATCHED AND STRUCTURED DEALS IN SCRIP OF ELECTROLUX KELVINATOR LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 13-OCT-2008 TO 12-APR-2009
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 13-OCT-2008 TO 12-APR-2009
13-OCT-2008
|
|
| 1014 |
|
|
SHANKAR LAL CHOKHANY,M/S
(Member : CSE)
|
|
|
|
KASHI PRASAD CHOKHANY
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF SPANCO TELESYSTEMS & SOLUTIONS LTD.
VIOLATED REGULATION 7 READ WITH CODE OF CONDUCT AS SPECIFIED IN SCHEDULE 11 OF STOCK BROKER REGULATION
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 05-APR-2007 TO 11-APR-2007
15-MAR-2007
|
|
| 1015 |
|
|
SHARAD BHANDARI,M/S
(Member : MPSE)
|
|
|
|
SHARAD BHANDARI
|
|
DID NOT EXERCISE DUE SKILL AND CARE IN MATTER OF EONOUR TECHNOLOGIES LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF EONOUR TECHNOLOGIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 18-NOV-2003 TO 17-DEC-2003
29-OCT-2003
|
|
| 1016 |
|
|
SHARAN FINCAPS LTD.
(Member : LSE)
|
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF KARISHMA FLORICULTURE LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 23-JAN-2009 TO 06-FEB-2009
02-JAN-2009
|
|
| 1017 |
|
|
SHAREDEAL FINANCIAL CONSULTANTS PVT.LTD.
(Member : BSE)
|
|
|
IN THE CASE OF SOUNDCRAFT INDUSTRIES LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
15-JUL-2002
|
|
| 1018 |
|
|
SHAREDEAL FINANCIAL CONSULTANTS PVT.LTD.
(Member : BSE)
|
|
|
MANIPULATION IN SCRIP OF AMARA RAJA BATTERIES LIMITED DURING THE PERIOD AUGUST 2000 TO MARCH 2001
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-OCT-2002 TO 30-JUN-2003
17-SEP-2002
|
SAT: APPEAL DISMISSED
|
| 1019 |
|
|
SHAREKHAN LTD.
(PAN:AAECS5096H)
(Member : BSE/NSE)
|
|
|
INDULGED IN FRONT RUNNING OF ORDERS/TRADES IN MATTER OF STERLING GROUP OF COMPANIES
|
DIRECTED TO DISGORGE RS.50,93,894
31-JUL-2015
|
SEBI VIDE ITS ADDENDUM ORDER DATED 04/06/2019 CONFIRMED THAT SHAREKHAN LTD. HAS DEPOSITED RS.50,93,894.00 (ILLEGAL GAINS OF RS.30,83,807 AND INTEREST OF RS.20,10,087) IN ESCROW ACCOUNT WITH PUNJAB NATIONAL BANK ON 01/08/2015
|
| 1020 |
|
|
SHARUKH N.TARA,M/S
(Member : BSE)
|
|
|
|
SHARUKH N.TARA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIPS OF BPL LTD., VIDEOCON INTERNATIONAL LTD. AND STERLITE INDUSTRIES LTD.
|
DEBARRED FROM UNDERTAKING FRESH BUSINESS AS STOCK BROKER FROM 02-NOV-1998
30-OCT-1998
|
|
| 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 51 of 62
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