| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1041 |
|
STARLOG ENTERPRISES LTD.
(PAN:AAACA3293L)
|
|
|
|
SAKET AGARWAL
PAN:AANPA2136J
|
|
DELAY IN IMPAIRMENT RELATING TO INVESTMENT IN ALBA ASIA PVT.LTD. VIOLATING REGULATIONS 4(1)(A), 4(2)(E)(I), 33(3), 34 AND 48 OF SEBI (LODR) REGULATIONS, 2015IN MATTER OF STARLOG ENTERPRISES LTD.
MISPRESENTED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003IN MATTER OF STARLOG ENTERPRISES LTD.
DID NOT MAINTAIN STRUCTURED DIGITAL DATABASE DURING SECRETARIAL AUDIT VIOLATING REGULATION 3(6) OF SEBI (PIT) REGULATIONS, 2015 IN MATTER OF STARLOG ENTERPRISES LTD.
DID NOT ATTACH SECRETARIAL AUDIT REPORT OF ITS MATERIAL SUBSIDIARY STARLIFT SERVICES PVT.LTD. WITH ANNUAL REPORT VIOLATING REGULATION 24A OF SEBI (LODR) REGULATIONS, 2015
DID NOT APPOINT INDEPENDENT DIRECTORS IN ITS MATERIAL SUBSIDIARIES VIOLATING REGULATION 24 OF SEBI (LODR) REGULATIONS, 2015
DEFAULTED IN APPOINTMENT OF COMPANY SECRETARY AND/OR COMPLIANCE OFFICER VIOLATING REGULATION 6(1) OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.9,00,000 ALONG WITH OTHER ENTITIES/PERSONS
29-SEP-2025
|
|
| 1042 |
|
|
STHITHI INSURANCE SERVICES PVT.LTD.
(CIN:U66030TN2003PTC051201
PAN:AAKCS6316E)
|
|
|
|
RAMANUJAM SESHARATHNAM
PAN:AERPR6301N
|
|
|
SUDARSHAN VENKATRAMAN
PAN:AWJPS4793B
|
|
MISLED PUBLIC REGARDING THE ACTUAL SHARES BY THE PROMOTERS VIOLATING SECTIONS 12(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(D), 4(2)(F) AND 4(2)(R) OF PFUTP REGULATIONS, 2003 IN MATTER OF ZYLOG SYSTEMS LTD.
|
IMPOSED PENALTY RS.1,00,00,000 ALONG WITH OTHER ENTITIES/PERSONS
24-NOV-2020
|
SEBI VIDE ITS ORDER DATED 24/02/2022 DIRECTED ALL THE BANKS TO REMIT RS. 1,15,03,466.00 TO THE EXTENT LYING IN THE ACCOUNT OF STHITHI INSURANCE SERVICES PVT.LTD., MR.SUDARSHAN VENKATRAMAN & MR.RAMANUJAM SESHARATHNAM TO SEBI BY WAY OF EFT/NEFT/RTGS
SEBI VIDE ITS ORDER DATED 05/07/2024 A) PROHIBITED FROM DISPOSING, TRANSFERRING, ALIENATING OR CHARGING IN RESPECT OF ALL THE IMMOVABLE AND MOVABLE PROPERTIES LISTED IN THE ORDER B) PROHIBITED FROM TAKING ANY BENEFIT UNDER SUCH DISPOSAL, TRANSFER, ALIENATION OR CHARGE IN RESPECT OF THE PROPERTIES LISTED IN ORDER C) DIRECTED TO FURNISH COMPLETE DETAILS OF ALL MOVABLE AND IMMOVABLE PROPERTIES HELD BY DEFAULTERS AND CHARGES, IF ANY, ALONG WITH ORIGINAL TITLE DEEDS PERTAINING TO THE PROPERTIES, WITHIN TWO WEEKS FROM DATE OF THIS ORDER AT SEBI, SOUTHERN REGIONAL OFFICE, CHENNAI D) DIRECTED INSPECTORS GENERAL OF REGISTRATION OF CHENNAI AND CONCERNED TEHSILDARS, DISTRICT REGISTRARS AND SUB-REGISTRARS OF THE RESPECTIVE AREAS WHERE THE PROPERTY IS LOCATED E) 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 OWNED / HELD BY THE DEFAULTERS, INCLUDING THE SAID PROPERTY, IF PRESENTED FOR REGISTRATION
|
| 1043 |
|
|
STOCKK SEVA MARKETING PVT.LTD.
(PAN:ABGCS6152D)
|
|
|
|
BHAVYA DHIMAN
PAN:GKPPD9799L
|
|
|
MEGHKUMAR MAHENDRAKUMAR SHAH
PAN:DYLPS2534H
|
|
PUBLISHED MISLEADING INFORMATION IN RELATION TO SME IPO AND INDUCED INVESTORS TO SALE AND PURCHASE SECURITIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(F), 4(2)(K) AND 4(2)(R) READ WITH 2(1)(C) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF VEERKRUPA JEWELERS 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 29-MAY-2026 TO 28-MAY-2031
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM FROM 29-MAY-2026 TO 28-MAY-2031
ALLOWED BANKS TO DEBIT FOR THE PURPOSE OF MAKING REFUNDS TO CLIENTS/INVESTORS/COMPLAINANTS
IMPOSED PENALTY RS.20,00,000
29-MAY-2026
|
SAT: SAT VIDE ITS ORDER DATED 24/06/2026 GRANTED RESPONDENT SIX WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER. STAYED DEBARMENT AND RECOVERY PROCEEDINGS, SUBJECT TO DEPOSIT 50% OF PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 1044 |
|
|
STREAM VALUE FUND
|
|
|
INDULGED IN FACILITATING SUBSCRIPTION OF GDRS AMOUNTING TO USD 9.99 MN.BY VINTAGE FZE, UAE THROUGH FINANCE OBTAINED FROM EURAM BANK, AUSTRIA FOR SUBSCRIPTION OF GDR AND ISSUER COMPANY (WINSOME) PLEDGED GDR WITH EURAM BANK VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B), 4(1), 4(2)(F), (K) AND (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF WINSOME TEXTILE INDUSTRIES 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 15-DEC-2021 TO 14-DEC-2022
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
15-DEC-2021
|
SAT: SAT VIDE ITS ORDER DATED 27/06/2022 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED THE APPLICATION. ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER AND EFFECT AND OPERATION OF THE IMPUGNED ORDER STAY TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 23/09/2022 ALLOWED APPELLANT FURTHER TWO WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 04/11/2022 DIRECTED TO FILE REJOINDER WITHIN TWO WEEKS FROM DATE OF THIS ORDER
|
| 1045 |
|
|
SUBHASHREE HIRIS PVT.LTD.
(PAN:AAMCS5112J)
|
|
|
INDULGED IN DIVERSION OF RS.2 CRORE OF 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 BIRLA PACIFIC MEDSPA LTD.
|
IMPOSED PENALTY RS.5,00,000
01-JUN-2021
|
SEBI VIDE ITS NOTICE DATED 19/01/2024 DIRECTED TO PAY RS.6,61,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 01/02/2024 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.7527 OF 2024 DATED 19/01/2024
|
| 1046 |
|
|
SUKUSAMA TRADING & INVESTMENTS PVT.LTD.
(PAN:AAACS5142E)
|
|
|
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
|
|
| 1047 |
|
|
SUMTINATH SHARES & SERVICES PVT.LTD.
(CIN:U67120GJ2009PTC057617
PAN:AANCS2340B)
|
|
|
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
|
|
| 1048 |
|
|
SUN & SHINE WORLDWIDE LTD.
(PAN:AABCR6814P)
|
|
|
|
ANIL MISTRY
PAN:AFFPM7009D
|
|
|
BINIT JOSHI
PAN:ACKPJ7454M
|
|
|
RAMANLAL NAGJIBHAI TRIVEDI
PAN:ACXPT8490J
|
|
INDULGED IN PUBLICATION OF FALSE AND MANIPULATED FINANCIAL RESULTS, ANNUAL REPORTS AND MISLEADING CORPORATE ANNOUNCEMENTS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C) TO 3(D), 4(2)(F), AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003
SUBMITTED QUARTERLY FINANCIAL STATEMENTS TO STOCK EXCHANGES, WHICH WERE NOT AUDITED NOR LIMITED REVIEWED AND WERE NOT ACCOMPANIED WITH AUDIT/REVIEW REPORT VIOLATING CLAUSE 41(I) (C) OF EQUITY LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956
DID NOT INFORM STOCK EXCHANGES ABOUT MATERIAL PRICE SENSITIVE INFORMATION REGARDING CHANGE IN GENERAL CHARACTER OR NATURE OF BUSINESS VIOLATING CLAUSE 36 OF EQUITY LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956
DID NOT INFORM STOCK EXCHANGES ABOUT CHANGE IN ITS DIRECTORATE VIOLATING CLAUSE 30(A) OF EQUITY LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956
|
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 14-SEP-2021 TO 13-SEP-2022
IMPOSED PENALTY RS.30,00,000
14-SEP-2021
|
SEBI VIDE ITS NOTICE DATED 05/01/2023 DIRECTED TO PAY RS.35,11,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 21/02/2023 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
|
| 1049 |
|
|
SUNEDISON INFRASTRUCTURE LTD.
|
|
|
INDULGED IN MANIPULATION OF BOOKS OF ACCOUNTS INCLUDING AUTHENTICITY OF ITEM WISE DETAILS OF GROUPING/RE-GROUPING OF ASSETS (SEGMENT WISE AND DIVISION WISE) ASCERTAINING DETAILS OF VALUES AND CORRESPONDING LIABILITIES ETC.
MISREPRESENTED FINANCIALS AND/OR BUSINESS OPERATIONS
INDULGED IN WRONGFUL DIVERSION/SIPHONING OF FUNDS
INDULGED IN RELATED PARTY TRANSACTIONS CARRIED OUT DURING AUDIT PERIOD
INDULGED IN VALUATION OF ASSETS PROPOSED TO BE TRANSFERRED VIA SLUMP SALE AND UNDER FRAMEWORK AGREEMENT DATED 23/06/2020
|
RESTRAINED FROM DISPOSING, SELLING OR ALIENATING ITS ASSETS INCLUDING EFFECTING TRANSACTIONS AGREED UPON UNDER FRAMEWORK AGREEMENT FROM 15-FEB-2021
DIRECTED BSE TO APPOINT FORENSIC AUDITOR TO EXAMINE BOOKS OF ACCOUNTS OF THE COMPANY
DIRECTED FORENSIC AUDITOR/AUDIT FIRM TO SUBMIT REPORT TO BSE WITHIN THREE MONTHS FROM DATE OF ORDER
DIRECTED TO EXTEND NECESSARY CO–OPERATION TO FORENSIC AUDITOR/AUDIT FIRM APPOINTED AND FURNISH ALL INFORMATION/DOCUMENTS SOUGHT
DIRECTED NOT TO UNDERTAKE ANY ACT IN FURTHERANCE OF FRAMEWORK AGREEMENT
DIRECTED BSE TO SUBMIT FORENSIC AUDIT REPORT (INCLUDING ALL ANNEXURES) ALONG WITH ITS RECOMMENDATION WITHIN 15 DAYS FROM DATE OF RECEIPT OF FORENSIC AUDIT REPORT
15-FEB-2021
|
SEBI VIDE ITS ORDER DATED 15/07/2021 PERMITTTED FENICE AND SOUTH LAKE TO CONVERT THEIR CCPS HELD IN SILRES ENERGY INTO EQUITY SHARES AND EXERCISE FOLLOWING RIGHTS ASSOCIATED WITH IT A) INFORMATION RIGHTS – CLAUSE 5.1 OF THE FRAMEWORK AGREEMENT AND CLAUSE 10 OF THE AMENDED SSHA B) CONSENT RIGHTS – CLAUSE 5.3 AND 5.4 OF THE FRAMEWORK AGREEMENT AND C) BOARD REPRESENTATION – CLAUSE 6 OF THE AMENDED SSHA
SEBI VIDE ITS ORDER DATED 28/07/2022 REVOKED ITS INTERIM ORDER DATED 15/02/2021 AND CONFIRMATORY ORDER DATED 15/07/2021
|
| 1050 |
|
|
SUNSTAR REALTY DEVELOPMENT LTD.
(CIN:L70102MH2008PLC184142)
(Along with : LADDU GOPAL VENTURES PVT.LTD.,
SRESTHA FINVEST LTD.)
|
|
|
|
ANSHU MISHRA
PAN:BMIPS3480H
|
|
|
MANISH MISHRA
PAN:AMPPM6823L
|
|
|
REKHA BHANDARI
PAN:ALHPB9175D
|
|
|
SUNIL BHANDARI
PAN:ALZPB5747M
|
|
INDUCED PUBLIC INVESTORS TO INVEST IN SCRIP BY UPLOADING FALSE & MISLEADING VIDEOS ON CERTAIN YOUTUBE CHANNELS 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)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF GG ENGINEERING LTD.
INDULGED IN CREATING MISLEADING APPEARANCE OF TRADING 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)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF GG ENGINEERING LTD.
|
IMPOSED PENALTY RS.50,00,000 ALONG WITH OTHER ENTITIES/PERSONS
19-DEC-2025
|
|
| 1051 |
|
|
SURAJ TRADING CORP.
(PAN:AFFPM6604L)
|
|
|
INDULGED IN DIVERSION OF IPO PROCEEDS VIOLATING SECTIONS 12(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 ASTER SILICATES LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET INCLUDING BY ISSUING PROSPECTUS, OFFER DOCUMENT OR ADVERTISEMENT SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 28-APR-2022 TO 27-APR-2027
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 28-APR-2022 TO 27-APR-2027
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 28-APR-2022 TO 27-APR-2027
28-APR-2022
|
|
| 1052 |
|
|
SURAJ TRADING CORP.
(PAN:AFFPM6604L)
|
|
|
DID NOT UTILIZE IPO PROCEEDS AS PER THE OBJECTS STATED IN THE PROSPECTUS VIOLATING SECTIONS 12(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F), (K) AND (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ASTER SILICATES LTD.. (NOW KNOWN AS SHRI ASTER SILICATES LTD.)
|
IMPOSED PENALTY RS.1,00,000
30-JUN-2022
|
SEBI VIDE ITS NOTICE DATED 19/10/2022 DIRECTED TO PAY RS.1,06,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 16/04/2025 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 22/12/2025 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.1,44,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG
|
| 1053 |
|
|
SURESH HEGDE & CO.
|
|
|
|
SURESH NARAYAN HEGDE
PAN:AAAPH4848P
|
|
CERTIFIED MIS-STATED FINANCIAL STATEMENTS IN SIPHONING OFF RS.64.43 CRORES (APPROX) FROM IPO PROCEEDS VIOLATING SECTION 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF IPO OF SUDAR INDUSTRIES LTD.
DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONS IN SIPHONING OFF RS.64.43 CRORES (APPROX) FROM IPO PROCEEDS VIOLATING SECTION 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF IPO OF SUDAR INDUSTRIES LTD.
|
IMPOSED PENALTY RS.2,00,000 ALONG WITH OTHER ENTITIES/PERSONS
31-MAY-2022
|
|
| 1054 |
|
|
SURINDER SINGH KALRA (HUF)
(PAN:AAQHS3875P)
|
|
|
MISUTILIZED AND MIS-APPROPRIATED IPO PROCEEDS OF RS.46.66 CRORES VIOLATING SECTION 12A(C) OF SEBI ACT, 1992 READ WITH REGULATION 3(D) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF IPO OF FIVE CORE ELECTRONICES 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 31-MAY-2023 TO 30-MAY-2028
DIRECTED TO EXTEND NECESSARY CO–OPERATION TO INDEPENDENT AUDITOR/AUDIT FIRMS APPOINTED AND FURNISH ALL INFORMATION/DOCUMENTS
RESTRAINED FROM ASSOCIATING WITH ANY INTERMEDIARY REGISTERED WITH SEBI OR ANY LISTED ENTITY OR ITS MATERIAL UNLISTED SUBSIDIARY FROM 31-MAY-2023 TO 30-MAY-2028
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY OF THEIR ASSETS/PROPERTIES/ SECURITIES
DIRECTED NOT TO DIVERT ANY FUNDS RAISED FROM INVESTORS
DIRECTED NSE TO APPOINT INDEPENDENT AUDITOR/AUDIT FIRM TO CONDUCT DETAILED FORENSIC AUDIT OF BOOKS OF ACCOUNTS OF COMPANY TO CONFIRM MIS-UTILIZATION OF IPO PROCEEDS
23-JUL-2020
|
SEBI VIDE ITS ORDER DATED 08/07/2021 CONFIRMED ITS DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 23/07/2020
SEBI VIDE ITS ORDER DATED 31/05/2023 DIRECTED TO A) RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER, WHATSOEVER FOR FIVE YEARS FROM DATE OF THIS ORDER
|
| 1055 |
|
|
SUUMAYA INDUSTRIES LTD.
(PAN:AAFCR4357R)
|
|
|
|
ISHITA GALA
PAN:BFMPG9590R
|
|
|
SUMIT PAL SINGH
PAN:FJNPS6477N
|
|
|
USHIK GALA
PAN:BBNPG4050P
|
|
INDULGED IN SIPHONING OFF/DIVERSION OF FUNDS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SUUMAYA INDUSTRIES LTD.
MISREPRESENTED FINANCIAL STATEMENTS AND MANIPULATED BOOKS OF ACCOUNTS VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(2)(6)(7)(8) AND 4(2)(F)(III)(1),(3),(6),(7)(12) OF SEBI (LODR) REGULATIONS, 2015 AND SECTION 21 OF SCRA, 1956 READ WITH SECTION 27(2) OF SEBI ACT, 1992 IN MATTER OF SUUMAYA INDUSTRIES LTD.
DID NOT ADHERE TO PREPARATION OF FINANCIAL STATEMENTS AS PER ACCOUNTING STANDARD VIOLATING REGULATION 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTIONS 27(1) AND 27(2) OF SEBI ACT, 1992 IN MATTER OF SUUMAYA INDUSTRIES LTD.
FURNISHED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II AND REGULATION 33(2)(A) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SUUMAYA INDUSTRIES LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 24-JAN-2025 UNTIL FURTHER ORDERS
RESTRAINED FROM HOLDING ANY POSITION OF DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY OR ANY INTERMEDIARY REGISTERED WITH SEBI AND FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY OR PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC OR ANY INTERMEDIARY REGISTERED WITH SEBI FROM 24-JAN-2025 UNTIL FURTHER ORDERS
24-JAN-2025
|
|
| 1056 |
|
|
SUVIDHA SECURITIES PVT.LTD.
(PAN:AAFCS7396K)
|
|
|
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
|
SEBI VIDE ITS NOTICE DATED 19/04/2022 DIRECTED ALL THE BANKS 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 NOTICE DATED 06/05/2022 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 19/04/2022
SAT: SAT VIDE ITS ORDER DATED 08/07/2025 GRANTED TWO WEEKS TO FILE WRITTEN SUBMISSION
|
| 1057 |
|
|
SUZLON ENERGY LTD.
(PAN:AADCS0472N)
|
|
|
|
AMIT AGARWAL
PAN:AADPA3646H
|
|
|
GIRISH R.TANTI
PAN:ABFPT3310E
|
|
|
KIRTI J.VAGADIA
PAN:AAKPV2224M
|
|
|
VINOD R.TANTI
PAN:AARPT6367N
|
|
INDULGED IN MISSTATEMENT/MISREPRESENTATION OF FINANCIAL STATEMENTS IN RESPECT OF OMS TRANSACTION AND SUBSEQUENT RELATED TRANSACTIONS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(2)(F) AND 4(2)(R) READ WITH 2(1)(B) AND 2(1)(C)(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SUZLON ENERGY LTD.
INDULGED IN MISSTATEMENT/MISREPRESENTATION OF FINANCIAL STATEMENTS IN RESPECT OF OMS TRANSACTION AND SUBSEQUENT RELATED TRANSACTIONS VIOLATING REGULATIONS 4(1)(A), 4(1)(B), 4(1)(E) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SUZLON ENERGY LTD.
FURNISHED FALSE CERTIFICATE WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SUZLON ENERGY LTD.
MISREPRESENTED BOOKS OF ACCOUNTS AND/OR FINANCIAL STATEMENTS VIOLATING CLAUSE 41(I)(A) AND PARA V OF CLAUSE 49 OF ERSTWHILE LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF SUZLON ENERGY LTD.
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IMPOSED PENALTY RS.15,95,00,000
29-MAY-2026
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SAT: SAT VIDE ITS ORDER DATED 07/08/2026 ALLOWED RESPONDENT SIX WEEKS TO FILE REPLY AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER. STAYED IMPUGNED ORDER SUBJECT TO DEPOSIT OF RS.10 CRORE IN FIXED DEPOSIT WITH A LIEN MARKED IN FAVOUR OF SEBI WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
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| 1058 |
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SV ENTERPRISES
(PAN:ACRPP5552H)
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SARFARAZKHAN SARVARKHAN PATHAN
PAN:ACRPP5552H
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INDULGED IN FACILITATING SUBSCRIPTION OF GDRS BY VINTAGE FZE, UAE THROUGH FINANCE OBTAINED FROM EURAM BANK, AUSTRIA FOR SUBSCRIPTION OF GDR AND ISSUER COMPANIES (ASAHI), (AVON), CAT), (IKF), (K SERA) AND (MAARS) 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) AND 4(2)(A) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ASAHI INFRASTRUCTURE & PROJECTS LTD., AVON CORP.LTD., CAT TECHNOLOGIES LTD., IKF TECHNOLOGIES LTD., K SERA SERA LTD. AND MAARS SOFTWARE INTERNATIONAL LTD.
DID NOT SUBMIT REQUIRED INFORMATION/DOCUMENTS SOUGHT VIDE SUMMONS IN MATTER OF ASAHI INFRASTRUCTURE & PROJECTS LTD., AVON CORP.LTD., CAT TECHNOLOGIES LTD., IKF TECHNOLOGIES LTD., K SERA SERA LTD. AND MAARS SOFTWARE INTERNATIONAL LTD.
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IMPOSED PENALTY RS.6,00,000 ALONG WITH OTHER ENTITIES/PERSONS
08-JUN-2021
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SEBI VIDE ITS NOTICE DATED 21/07/2022 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 24/01/2024 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.7,93,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG
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| 1059 |
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SVAM SOFTWARE LTD.
(CIN:L72200DL1992PLC047327
PAN:AAACS0292B)
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HARSHWARDHAN KOSHAL
PAN:AAVPK1615L
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MANISHA AGARWAL
PAN:ABKPA0056B
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RAJEEV GARG
PAN:AGDPG7304E
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SUDHIR KUMAR AGARWAL
PAN:AAOPA3900H
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VIRENDER KUMAR GUPTA
PAN:AEXPG9500L
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INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF SVAM VIOLATING SECTIONS 12A (A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1) AND 4(2)(F) & (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SVAM SOFTWARE LTD.
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF SVAM VIOLATING REGULATIONS 33(1)(C), 30(6) AND 48 OF SEBI (LODR) REGULATIONS, 2015 AND SECTION 21 OF SCRA, 1956
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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 07-OCT-2021 TO 06-OCT-2022
IMPOSED PENALTY RS.30,00,000
07-OCT-2021
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SAT: SAT VIDE ITS ORDER DATED 11/01/2022 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER. IN THE MEANWHILE, DEBARMENT OF THE APPELLANTS TO REMAIN STAYED PROVIDED THEY DEPOSIT FIFTY PERCENT OF THE PENALTY AMOUNT WITHIN THREE WEEKS FROM TODAY
SAT: SAT VIDE ITS ORDER DATED 13/10/2022 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY AMOUNT TO RS.10 LAC FROM RS.30 LAC TO BE PAID WITHIN SIX WEEKS FROM DATE OF THIS ORDER
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| 1060 |
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SVAM SOFTWARE LTD.
(CIN:L72200DL1992PLC047327
PAN:AAACS0292B)
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INDULGED IN PREFERENTIAL ALLOTMENT OF SHARES TO CONNECTED ENTITIES WITHOUT CONSIDERATION VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF JOLLY PLASTIC INDUSTRIES LTD.
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IMPOSED PENALTY RS.25,00,000 ALONG WITH OTHER ENTITIES/PERSONS
29-JUL-2022
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SEBI VIDE ITS NOTICE DATED 03/11/2022 DIRECTED TO PAY RS.26,26,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 03/11/2022 CONDONED THE DELAY IN FILING OF APPEAL AND DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER. DIRECTED APPELLANT TO DEPOSIT 50% OF AMOUNT WITHIN SIX WEEKS FROM DATE OF THIS ORDER. IF AMOUNT DEPOSITED THE BALANCE AMOUNT NOT TO BE RECOVERED DURING PENDENCY OF APPEAL
SAT: SAT VIDE ITS ORDER DATED 03/01/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 24/04/2023 CONDONED THE DELAY IN FILING OF REPLY
SEBI VIDE ITS NOTICE DATED 30/05/2023 CANCELLED RECOVERY CERTIFICATE AS PER SAT ORDER DATED 19/05/2023
SAT: SAT VIDE ITS ORDER DATED 19/05/2023 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 29/07/2022
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