| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1061 |
|
SYBLY INDUSTRIES LTD.
(PAN:AACCS6886M)
|
|
|
OBTAINED LOAN OF USD 6.99 MILLION BY ENTERING INTO LOAN AGREEMENT WITH EURAM BANK TO SUBSCRIBE TO GDRS VIOLATING SECTIONS 12(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D) & 4(1), 4(2)(F), 4(2)K AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003
DID NOT INFORM STOCK EXCHANGE ABOUT DELISTING OF GDRS ON LUXEMBOURG STOCK EXCHANGE VIOLATING CLAUSE 36(7) OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956
DID NOT ADHERE TO PROVISION OF ACCOUNTING STANDARD VIZ AS-1, AS-3 AND AS-29 VIOLATING CLAUSES 32 AND 50 OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956
|
IMPOSED PENALTY RS.25,00,000
15-MAR-2019
|
SEBI VIDE ITS NOTICE DATED 02/09/2019 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
SAT: SAT VIDE ITS ORDER DATED 11/08/2021 DIRECTED APPELLANT TO FILE REPLY WITHIN TWO WEEKS FROM DATE OF THIS ORDER AND RESPONDENT TO FILE REJOINDER TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 14/07/2022 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY AMOUNT TO RS.25 LAC FROM RS.10.30 CRORE
SEBI VIDE ITS NOTICE DATED 26/08/2022 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 02/09/2019
SEBI VIDE ITS ORDER DATED 31/08/2022 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.2416 OF 2019 DATED 01/08/2019
|
| 1062 |
|
|
SYMPHONY MERCHANTS PVT.LTD.
(PAN:AADCS5411K)
|
|
|
INDULGED IN DIVERSION OF FUNDS OF RS.2,473.66 CRORE (APPROX) OF RELIGARE FINVEST LTD. THROUGH SUBSIDIARY OF REL FOR BENEFIT OF PROMOTERS/PROMOTER GROUP ENTITIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RELIGARE ENTERPRISES LTD.
|
IMPOSED PENALTY RS.15,00,000
31-OCT-2022
|
SAT: SAT VIDE ITS ORDER DATED 19/01/2023 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 16/03/2023 GRANTED RESPONDENT FURTHER TWO WEEKS TO FILE REPLIES AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 02/08/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 14/09/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
|
| 1063 |
|
|
SYNCOM HEALTHCARE LTD.
(PAN:AAKCS3247G)
|
|
|
|
AJAY SHANKARLAL BANKDA
PAN:ADHPB2851J
|
|
|
AVICHAL KASLIWAL
PAN:ADQPK3720J
|
|
|
BHARAT KUMAR DOSHI
PAN:ABTPD1004A
|
|
|
GOVIND DAS PASARI
PAN:AAAHG7397A
|
|
|
JAGADISH PRASAD BAGARIA
PAN:AAEPB0276F
|
|
|
JYOTI BANKDA
PAN:ADHPB2855N
|
|
DID NOT MAKE CORRECT DISCLOSURE TO STOCK EXCHANGES ABOUT SUBSCRIPTION OF GDR ISSUE VIOLATING SECTIONS 12(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D) & 4(1), 4(2)(F), (K) AND (R) OF PFUTP REGULATIONS, 2003, SECTION 21 OF SCRA, 1956 READ WITH CLAUSES 36(7), 32 AND 50 OF LISTING AGREEMENT IN MATTER OF SYNCOM HEALTHCARE LTD.
|
IMPOSED PENALTY RS.25,00,000
30-AUG-2019
|
SAT: SAT VIDE ITS ORDER DATED 30/04/2021 DISMISSED THE APPEAL
|
| 1064 |
|
|
SYNOPTICS TECHNOLOGIES PVT.LTD.
(PAN:AAMCS4502L)
|
|
|
|
JAGMOHAN MANILAL SHAH
PAN:ABWPS9290B
|
|
|
JANVI JATIN SHAH
PAN:AYAPS9827K
|
|
|
JATIN SHAH
PAN:AONPS5463E
|
|
DIVERTED AND MIS-UTILIZED FUNDS RAISED THROUGH INITIAL PUBLIC OFFERING (IPO) VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATION 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SYNOPTICS TECHNOLOGIES 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 06-MAY-2025 UNTIL FURTHER ORDERS
06-MAY-2025
|
SAT: SAT VIDE ITS ORDER DATED 18/06/2025 ACCEPTED THE UNDERTAKING BY THE APPELLANTS THAT SHALL ABIDE BY THE DIRECTION CONTAINED IN PARA NOS.49(A) AND STAYED IMPUGNED ORDER DATED 06/05/2025 QUA THE APPELLANT RESERVING A LIBERTY TO FILE REPLY BEFORE THE SEBI
SEBI VIDE ITS ORDER DATED 03/10/2025 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 06/05/2025
|
| 1065 |
|
|
T.M.INVESTMENTS LTD.
(PAN:AABCT0548G)
|
|
|
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 BHARAT NIDHI 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 BHARAT NIDHI 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)
12-SEP-2022
|
SEBI VIDE ITS ORDER DATED 17/11/2025 REVOKED AND WITHDRAWN SETTLEMENT ORDER DATED 12/09/2022 QUA ALL THE NOTICEES FOR NON COMPLIANCE WITH THE TERMS OF SETTLEMENT ORDER
|
| 1066 |
|
|
TAKSHEEL SOLUTIONS LTD.
(CIN:U72200TG1999PLC032556
PAN:AAACI7325P)
|
|
|
|
DURGA DEVI KUCHANA
PAN:AVRPK4234G
|
|
|
PAVAN KUMAR KUCHANA
DIN:00912842
PAN:ATAPK6144L
|
|
|
RAMA SWAMY KUCHANA
PAN:ALIPK4206D
|
|
|
RAVI KUSAM
PAN:AKCPK0569Q
|
|
MADE INCORRECT AND MISLEADING STATEMENTS IN PROSPECTUS VIOLATING REGULATION 57(1) OF SEBI (ICDR) REGULATIONS, 2009 AND CLAUSE 2(XVI)(B)(2) OF PART A OF SCHEDULE VIII OF SEBI (ICDR) REGULATIONS, 2009 IN MATTER OF TAKSHEEL SOLUTIONS LTD.
DID NOT DISCLOSE ABOUT EXISTENCE OF INTER CORPORATE DEPOSITS (ICDS) AND MADE MISSTATEMENT ON UTILIZATION OF IPO PROCEEDS IN PROSPECTUS VIOLATING CLAUSE (2)(VII)(G) READ WITH REGULATION 57(1) OF SEBI (ICDR) REGULATIONS, 2009 AND CLAUSE (IX) OF PART D OF SCHEDULE VIII READ WITH REGULATIONS 58(1), 60(4)(A) AND 60(7)(A) OF SEBI (ICDR) REGULATIONS, 2009 IN MATTER OF TAKSHEEL SOLUTIONS LTD.
DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTION ABOUT PURCHASE OF SOFTWARE FROM VBSL IN IPO PROSPECTUS VIOLATING REGULATIONS 57(1), 58(1), 60(1), 60(4)(A) AND 60(7)(A) OF SEBI (ICDR) REGULATIONS, 2009 AND CLAUSES 2(VI) (B)(4), 2(VII)(G), 2(IX) (12) AND 2(XVI) (B)(2) OF PART A AND CLAUSE IX OF PART D OF SCHEDULE VIII READ WITH REGULATION 57(2) (A) OF SEBI (ICDR) REGULATIONS, 2009 IN MATTER OF TAKSHEEL SOLUTIONS LTD.
DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTION AND MADE MISSTATEMENT IN IPO PROSPECTUS VIOLATING CLAUSES 2(VII)(B)(4) AND 2(IX)(B)(12) OF PART A OF SCHEDULE VIII READ WITH REGULATIONS 57(2)(A) OF SEBI (ICDR) REGULATIONS, 2009
INDULGED IN SIPHONING OFF IPO PROCEEDS AND MANIPULATED BOOKS OF ACCOUNTS VIOLATING SECTIONS 12(A) TO 12(C) OF SEBI ACT. 1992 READ WITH REGULATIONS 3(B) TO 3(D), 4(1), 42(2)(E), (F), (K) AND (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF TAKSHEEL SOLUTIONS LTD.
|
IMPOSED PENALTY RS.6,00,00,000
10-AUG-2021
|
|
| 1067 |
|
|
TALWALKARS BETTER VALUE FITNESS LTD.
(CIN:L92411MH2003PLC140134
PAN:AABCT8207A)
|
|
|
|
ANANT RATNAKAR GAWANDE
PAN:AABPG3008P
|
|
|
GIRISH MADHUKAR TALWALKAR
PAN:AAAPT8175H
|
|
|
GIRISH NAYAK
PAN:ABMPN9599G
|
|
|
HARSHA RAMDAS BHATKAL
PAN:AACPB3100C
|
|
|
MADHUKAR TALWALKAR
PAN:AAAPT8172A
|
|
|
PRASHANT SUDHAKAR TALWALKAR
PAN:AAAPT3528N
|
|
|
VINAYAK RATNAKAR GAWANDE
PAN:AABPG4476B
|
|
DISCLOSED INFLATED BANK BALANCE IN FINANCIAL STATEMENTS
PROFITS INFLATED BY MIS-UTILISATION OF CAPITAL WORK IN PROGRESS ACCOUNT
ASSETS, LIABILITIES AND REVENUE INFLATED THROUGH ROUND-TRIPPING OF FUNDS AND RECOGNITION OF FICTITIOUS ASSETS, LIABILITY AND REVENUE
DID NOT MAKE DISCLOSURE OF CORPORATE GUARANTEE GIVEN TO ZORBA RENAISSANCEPVT.LTD.AS CONTINGENT LIABILITY
REVENUE INFLATED BY REVALUATION OF INVESTMENTS
INAPPROPRIATE RECOGNITION OF REVENUE AND EXPENSES
INVESTMENTS INFLATED THROUGH BOOK ENTRIES NOT BACKED BY MONEY
TRANSFERS AND INVESTMENTS IN ENTITIES WITH LOW NET WORTH
ADVANCES GIVEN TO CONNECTED COMPANIES WITHOUT RATIONALE
MISREPRESENTED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(A) TO 4(1)(C), (E), (G) & (H), 4(2)(F)(II)(6), (7) & (8), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATION, 2015 IN MATTER OF TALWALKARS BETTER VALUE FITNESS LTD.
ISSUED FALSE AND MISLEADING CERTIFICATE UNDER REGULATIONS 17(8) AND 33(2)(A) OF SEBI (LODR) REGULATION, 2015 IN MATTER OF TALWALKARS BETTER VALUE FITNESS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 15-SEP-2023 TO 14-MAR-2025
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 15-SEP-2023 TO 14-MAR-2025
RESTRAINED FROM ASSOCIATED WITH ANY OTHER LISTED COMPANY OR SEBI REGISTERED INTERMEDIARY IN ANY CAPACITY INCLUDING DIRECTOR OR KEY MANAGERIAL PERSON DIRECTLY OR INDIRECTLY FROM 15-SEP-2023 TO 14-MAR-2025
IMPOSED PENALTY RS.1,56,00,000
15-SEP-2023
|
|
| 1068 |
|
|
TALWALKARS BETTER VALUE FITNESS LTD.
(CIN:L92411MH2003PLC140134
PAN:AABCT8207A)
|
|
|
DISCLOSED INFLATED BANK BALANCE IN FINANCIAL STATEMENTS
PROFITS INFLATED BY MIS-UTILISATION OF CAPITAL WORK IN PROGRESS ACCOUNT
ASSETS, LIABILITIES AND REVENUE INFLATED THROUGH ROUND-TRIPPING OF FUNDS AND RECOGNITION OF FICTITIOUS ASSETS, LIABILITY AND REVENUE
DID NOT MAKE DISCLOSURE OF CORPORATE GUARANTEE GIVEN TO ZORBA RENAISSANCEPVT.LTD.AS CONTINGENT LIABILITY
REVENUE INFLATED BY REVALUATION OF INVESTMENTS
INAPPROPRIATE RECOGNITION OF REVENUE AND EXPENSES
INVESTMENTS INFLATED THROUGH BOOK ENTRIES NOT BACKED BY MONEY
TRANSFERS AND INVESTMENTS IN ENTITIES WITH LOW NET WORTH
ADVANCES GIVEN TO CONNECTED COMPANIES WITHOUT RATIONALE
MISREPRESENTED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(A) TO 4(1)(C), (E), (G) & (H), 4(2)(F)(II)(6), (7) & (8), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATION, 2015 IN MATTER OF TALWALKARS BETTER VALUE FITNESS LTD.
DID NOT ADHERE TO ACCOUNTING STANDARD VIOLATING REGULATION 48 OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.24,00,000
15-SEP-2023
|
SAT: SAT VIDE ITS ORDER DATED 07/03/2024 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED RESPONDENT TO FILE REPLY AND REJOINDER THREE WEEKS THEREAFTER. STAYED EFFECT AND OPERATION OF IMPUGNED ORDER, AS FAR AS DEPOSIT OF PENALTY IS CONCERNED, SUBJECT TO PAYMENT OF 25% PENALTY WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 30/07/2024 GRANTED APPELLANT FOUR WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 29/01/2025 GRANTED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 06/05/2025 CONDONED THE DELAY IN FILING OF REPLY
|
| 1069 |
|
|
TALWALKARS HEALTHCLUBS LTD.
(CIN:U93090MH2016PLC280127
PAN:AAFCT7279N)
|
|
|
|
ANANT RATNAKAR GAWANDE
PAN:AABPG3008P
|
|
|
GIRISH MADHUKAR TALWALKAR
PAN:AAAPT8175H
|
|
|
GIRISH NAYAK
PAN:ABMPN9599G
|
|
|
HARSHA RAMDAS BHATKAL
PAN:AACPB3100C
|
|
|
PRASHANT SUDHAKAR TALWALKAR
PAN:AAAPT3528N
|
|
DISCLOSED INFLATED BANK BALANCE IN FINANCIAL STATEMENTS
PROFITS INFLATED BY MIS-UTILISATION OF CAPITAL WORK IN PROGRESS ACCOUNT
INAPPROPRIATE RECOGNITION OF REVENUE AND EXPENSES
INAPPROPRIATE REVALUATION OF INVESTMENTS FOR INFLATION OF REVENUE
UNJUSTIFIED INVESTMENTS IN ENTITIES WITH LOW NET WORTH AND NON-PROVISION
OF IMPAIRMENT LOSSES
MISREPRESENTED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(A) TO4 (1)(C), (E), (G) & (H), 4(2)(F)(II)(6), (7) & (8), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATION, 2015 IN MATTER OF TALWALKARS HEALTHCARE LTD.
ISSUED FALSE AND MISLEADING CERTIFICATE UNDER REGULATIONS 17(8) AND 33(2)(A) OF SEBI (LODR) REGULATION, 2015 IN MATTER OF TALWALKARS HEALTHCARE LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 15-SEP-2023 TO 14-MAR-2025
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 15-SEP-2023 TO 14-MAR-2025
RESTRAINED FROM ASSOCIATED WITH ANY OTHER LISTED COMPANY OR SEBI REGISTERED INTERMEDIARY IN ANY CAPACITY INCLUDING DIRECTOR OR KEY MANAGERIAL PERSON DIRECTLY OR INDIRECTLY FROM 15-SEP-2023 TO 14-MAR-2025
IMPOSED PENALTY RS.48,00,000
15-SEP-2023
|
|
| 1070 |
|
|
TALWALKARS HEALTHCLUBS LTD.
(CIN:U93090MH2016PLC280127
PAN:AAFCT7279N)
|
|
|
DISCLOSED INFLATED BANK BALANCE IN FINANCIAL STATEMENTS
PROFITS INFLATED BY MIS-UTILISATION OF CAPITAL WORK IN PROGRESS ACCOUNT
INAPPROPRIATE RECOGNITION OF REVENUE AND EXPENSES
INAPPROPRIATE REVALUATION OF INVESTMENTS FOR INFLATION OF REVENUE
UNJUSTIFIED INVESTMENTS IN ENTITIES WITH LOW NET WORTH AND NON-PROVISION
OF IMPAIRMENT LOSSES
MISREPRESENTED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(A) TO4 (1)(C), (E), (G) & (H), 4(2)(F)(II)(6), (7) & (8), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATION, 2015 IN MATTER OF TALWALKARS HEALTHCARE LTD.
DID NOT ADHERE TO ACCOUNTING STANDARD VIOLATING REGULATION 48 OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.12,00,000
15-SEP-2023
|
|
| 1071 |
|
|
TARA ALLOYS LTD.
(PAN:AAACT0545N)
|
|
|
INDULGED IN DIVERSION OF FUNDS OF RS.2,473.66 CRORE (APPROX) OF RELIGARE FINVEST LTD. THROUGH SUBSIDIARY OF REL FOR BENEFIT OF PROMOTERS/PROMOTER GROUP ENTITIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RELIGARE ENTERPRISES LTD.
|
IMPOSED PENALTY RS.30,00,000
31-OCT-2022
|
SEBI VIDE ITS NOTICE DATED 07/07/2023 DIRECTED TO PAY RS.33,01,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 25/10/2024 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 18/07/2025 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.40,21,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG
|
| 1072 |
|
|
TARAPUR TRANSFORMERS LTD.
(PAN:AACCT5456G)
|
|
|
|
RAJENDRAKUMAR CHOUDHARY
PAN:AABPC6898D
|
|
DIVERTED FUNDS IN THE FORM OF INTEREST FREE LOANS AND ADVANCES 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 TARAPUR TRANSFORMERS LTD.
INDULGED IN FICTITIOUS TRANSACTIONS, MANIPULATION OF BOOKS OF ACCOUNT AND MISREPRESENTATION OF FINANCIAL STATEMENTS 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 TARAPUR TRANSFORMERS LTD.
PUBLISHED MISREPRESENTED FINANCIAL RESULTS VIOLATING REGULATIONS 4(1)(C), 4(1)(E), 4(1)(G), 4(1)(H), 4(1)(J), AND 4(2)(E)(I) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF TARAPUR TRANSFORMERS LTD.
DID NOT MAKE CORRECT DISCLOSURES IN FINANCIAL STATEMENTS VIOLATING OF IND AS 1 &IND AS 115 AND REGULATIONS 4(1)(A) TO 4(1)(C), 4(1)(E), 4(1)(G), 4(1)(H), 4(1)(J), 4(2)(E)(I), 33(1)(A), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2003 IN MATTER OF TARAPUR TRANSFORMERS LTD.
DID NOT MAKE REQUIRED DISCLOSURES IN RESPECT OF RELATED PARTY TRANSACTIONS AND DID NOT OBTAIN PRIOR APPROVAL FROM AUDIT COMMITTEE VIOLATING REGULATIONS 4(1)(A), 4(1)(B), 4(2)(E)(I), 23(2), 48 AND 34(3) READ WITH CLAUSE 1 OF PARA A OF SCHEDULE V TO SEBI (LODR) REGULATIONS, 2003 IN MATTER OF TARAPUR TRANSFORMERS LTD.
DID NOT PROVIDE INFORMATION/DOCUMENTS SOUGHT VIDE SUMMON IN MATTER OF TARAPUR TRANSFORMERS 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-AUG-2026 TO 30-AUG-2029
31-AUG-2026
|
|
| 1073 |
|
|
TATA MOTORS LTD.
(PAN:AAACT2727Q)
|
|
|
FALSIFIED BOOKS OF ACCOUNTS OF NISKALP BY BACK DATING TRANSACTIONS OF SALE OF SHARES OF GLOBAL TELESYSTEMS LTD. AND GLOBAL E-COMMERCE SERVICES LTD. AND THEN MADE REVERSAL OF THESE TRADE
DID NOT MAKE DISCLOSURE OF TRUE AND CORRECT FINANCIAL STATUS TO STAKEHOLDERS AND CONCEALED MATERIAL FACTS IN OFFER DOCUMENT OF RIGHTS ISSUEOF TATA FINANCE LTD. IN MATTER OF GLOBAL TELESYSTEMS LTD. AND GLOBAL E-COMMERCE SERVICES LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
09-JUN-2022
|
|
| 1074 |
|
|
TAURUS ASSET MANAGEMENT CO.LTD.
(PAN:AAACC2275J)
|
|
|
ALLEGED VIOLATION OF CLAUSES (A), (C), (E), (G), (H) AND (I) OF INVESTMENT VALUATION DIRECTIVES/INSTRUCTIONS/GUIDELINES AS SPECIFIED IN EIGHTH SCHEDULE UNDER REGULATIONS 25(19) AND 47 SEBI (MUTUAL FUNDS) REGULATIONS, 1996 IN MATTER OF DEBT INSTRUMENTS OF BALLARPUR INDUSTRIES LTD.
ALLEGED VIOLATION OF REGULATION 25(2) OF SEBI (MUTUAL FUNDS) REGULATIONS, 1996 IN MATTER OF DEBT INSTRUMENTS OF BALLARPUR INDUSTRIES LTD.
ALLEGED VIOLATION OF SCHEDULE II OF SEBI CIRCULAR NO. SEBI/IMD/CIR NO.11/78450/06 DATED 11/10/2016 READ WITH REGULATION 50(2) OF SEBI(MUTUAL FUNDS) REGULATIONS, 1996 IN MATTER OF DEBT INSTRUMENTS OF BALLARPUR INDUSTRIES LTD.
ALLEGED VIOLATION OF REGULATIONS 3(A),4(1),4(2)(F),(K), P) AND (S) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF DEBT INSTRUMENTS OF BALLARPUR INDUSTRIES LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,94,82,201 VIDE CONSENT ORDER)
23-JUL-2020
|
|
| 1075 |
|
|
TCK FINANCE & LEASING PVT.LTD.
(PAN:AABCT2030P)
|
|
|
INDULGED IN DIVERSION OF FUNDS OF RS.2,473.66 CRORE (APPROX) OF RELIGARE FINVEST LTD. THROUGH SUBSIDIARY OF REL FOR BENEFIT OF PROMOTERS/PROMOTER GROUP ENTITIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RELIGARE ENTERPRISES LTD.
|
IMPOSED PENALTY RS.10,00,000
31-OCT-2022
|
SAT: SAT VIDE ITS ORDER DATED 19/01/2023 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 16/03/2023 GRANTED RESPONDENT FURTHER TWO WEEKS TO FILE REPLIES AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 02/08/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 14/09/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
|
| 1076 |
|
|
TEJI MANDI ANALYTICS PVT.LTD.
(PAN:AACCT9530H)
|
|
|
|
ANIL GOPAL GANDHI
PAN:ABWPG5141P
|
|
AIDED AND ABETTED WITH OTHERS PROVIDING DERIVATIVE ADVISORY SERVICES (DAS) VIOLATING SEBI (PORTFOLIO MANAGER) REGULATIONS, 1993
DEFAULTED IN MAINTENANCE OF CLIENT LEDGER
INDULGED IN MANIPULATIVE, FRAUDULENT OR DECEPTIVE SCHEMES WHILE DEALING IN SECURITIES MARKET
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 28-FEB-2023 TO 27-FEB-2028
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 28-FEB-2023 TO 27-FEB-2028
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
28-FEB-2023
|
|
| 1077 |
|
|
TELEDATA TECHNOLOGY SOLUTIONS LTD.
(PAN:AACCT5488Q)
|
|
|
|
ARUN RAMSWAROOP PANCHARIYA
PAN:AEVPP6125N
|
|
|
G.JAGADISH
PAN:AALPG8002H
|
|
|
M.S.RAMAKRISHNAN
PAN:AACPR6473J
|
|
|
N.SAKTHIVEL
PAN:BCMPS6376L
|
|
|
R.RAVICHANDRAN
PAN:AHJPR6079C
|
|
INDULGED IN FACILITATING SUBSCRIPTION 3.5 MN.GDRS AMOUNTING TO USD 36.96 MN. THROUGH FINANCE OBTAINED FROM EURAM BANK, AUSTRIA FOR SUBSCRIPTION OF GDR AND ISSUER COMPANY TELEDATA TECHNOLOGY SOLUTIONS LTD. PLEDGED GDR WITH EURAM BANK VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D) AND 4(1), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003
DID NOT ADHERE TO PROVISION OF ACCOUNTING STANDARD VIZ AS-1, AS-3 AND AS-29 VIOLATING CLAUSES 32 AND 50 OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956
DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES ENTERING INTO PLEDGE AGREEMENT WITH EURAM BANK FOR SUBSCRIPTION OF GDRS VIOLATING CLAUSES 36(7) OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956
|
IMPOSED PENALTY RS.10,10,00,000
31-MAY-2022
|
|
| 1078 |
|
|
TEXMO PIPES & PRODUCTS LTD.
(PAN:AACCT9780D)
|
|
|
|
RISHABH KUMAR JAIN
PAN:AHYPJ1203B
|
|
|
SHANTI LAL BADERA
PAN:ABLPB5820D
|
|
INDULGED IN APPROVAL OF BOARD RESOLUTION OF GDR ISSUE VIOLATING SECTION 12A (A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF TEXMO PIPES & PRODUCTS 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 28-FEB-2023 TO 27-FEB-2024
28-FEB-2023
|
|
| 1079 |
|
|
TEXMO PIPES & PRODUCTS LTD.
(PAN:AACCT9780D)
|
|
|
|
MUKESH BABULAL CHAURADIYA
PAN:AAVPC0966A
|
|
|
SANJAY KUMAR AGRAWAL
PAN:ADAPA0132C
|
|
|
VIJAY PRASAD PAPPU
PAN:ASRPP0392H
|
|
DID NOT MAKE DISCLOSURE TO STOCK EXCHANGE ABOUT ALLOWING GDR PROCEEDS TO USED AS SECURITY FOR A LOAN AVAILED BY VINTAGE FZE, UAE TOWARDS SUBSCRIPTION OF GDRS ISSUED BY
TEXMO PIPES & PRODUCTS LTD. VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003
|
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 28-FEB-2023 TO 27-FEB-2026
DIRECTED TO CONTINUE TO PURSUE THE MEASURES OF BRING BACK OUTSTANDING USD 3.49 MN. INTO ITS BANK ACCOUNT IN INDIA
DIRECTED TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI
DIRECTED TO FURNISH CERTIFICATE FROM PEER REVIEWED CHARTERED ACCOUNTANTS ALONGWITH NECESSARY DOCUMENTARY EVIDENCES TO SEBI
28-FEB-2023
|
SAT: SAT VIDE ITS ORDER DATED 06/12/2023 CONDONED THE DELAY OF 165 DAYS IN FILING OF APPEAL AND RESPONDENT TO FILE REPLY WITHIN TWO WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED ON OR BEFORE THE NEXT DATE
SAT: SAT VIDE ITS ORDER DATED 03/04/2024 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 24/10/2024 SET ASIDE IMPUGNED ORDER DATED 28/02/2023 AND MATTER REMITTED TO SEBI TO PASS FRESH ORDER IN ACCORDANCE WITH LAW. APPELLANT TO PRODUCE DOCUMENTS WITHIN FOUR WEEKS FROM DATE OF THIS ORDER. NO COSTS
SEBI VIDE ITS ORDER DATED 20/02/2025 DIRECTED TO CALL BACK THE BOOK ENTRY LOAN FROM ACCOUNTS OF TAPTI I.E. OUTSTANDING AMOUNT OF GDR PROCEEDS AND CREDIT THE SAME IN ITS BANK ACCOUNT IN INDIA WITHIN THREE MONTHS UNDER SUPERVISION OF ITS AUDIT COMMITTEE
|
| 1080 |
|
|
TEXMO PIPES & PRODUCTS LTD.
(PAN:AACCT9780D)
|
|
|
|
ARUN RAMSWAROOP PANCHARIYA
PAN:AEVPP6125N
|
|
|
MUKESH BABULAL CHAURADIYA
PAN:AAVPC0966A
|
|
|
RISHABH KUMAR JAIN
PAN:AHYPJ1203B
|
|
|
SANJAY KUMAR AGRAWAL
PAN:ADAPA0132C
|
|
|
SHANTI LAL BADERA
PAN:ABLPB5820D
|
|
|
VIJAY PRASAD PAPPU
PAN:ASRPP0392H
|
|
INDULGED IN ISSUANCE OF 6,27,500 GDRS AMOUNTING TO USD 9.99 MN ALLOTTED TO VINTAGE FZE, UAE THROUGH FINANCE OBTAINED FROM EURAM BANK, AUSTRIA FOR SUBSCRIPTION OF GDR AND ISSUER COMPANY (TEXMO PIPES & PRODUCTS LTD.) PLEDGED GDR WITH EURAM BANK VIOLATING SECTIONS 12A(A) TO 12A(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
DID NOT MAKE DISCLOSURE OF PLEDGE AGREEMENT DATED 01/03/2011 TO STOCK EXCHANGES VIOLATING CLAUSE 36(7) AND CLAUSE 50 OF EQUITY LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956
|
IMPOSED PENALTY RS.25,00,000
28-JUN-2022
|
SAT: SAT VIDE ITS ORDER DATED 30/09/2022 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY TO RS.25 LAC FROM 10.25 CRORE
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 54 of 61
|
