| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1161 |
|
TROPICAL SECURITIES & INVESTMENTS PVT.LTD.
(PAN:AAACT1670N)
(Member : BSE)
|
|
|
|
MILAN DALAL
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE EXECUTING TRANSACTIONS ON BEHALF OF CLIENTS IN SCRIP OF DCM SHRIRAM CONSOLIDATED LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF DCM SHRIRAM CONSOLIDATED LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 04-FEB-2009 TO 03-AUG-2009
14-JAN-2009
|
|
| 1162 |
|
|
TROPICAL SECURITIES & INVESTMENTS PVT.LTD.
(PAN:AAACT1670N)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIP OF PRUDENTIAL PHARMACEUTICALS LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF PRUDENTIAL PHARMACEUTICALS LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
30-SEP-2013
|
|
| 1163 |
|
|
TROPICAL SECURITIES & INVESTMENTS PVT.LTD.
(PAN:AAACT1670N)
(Member : BSE)
|
|
|
|
MILAN DALAL
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH STRUCTURED, SYNCHRONIZED TRANSACTIONS AND FINANCING DEALS IN SCRIP OF JAGSONPAL PHARMACEUTICALS LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF JAGSONPAL PHARMACEUTICALS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-JUN-2011 TO 29-AUG-2011
09-JUN-2011
|
|
| 1164 |
|
|
TROPICAL SECURITIES & INVESTMENTS PVT.LTD.
(PAN:AAACT1670N)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH STRUCTURED/MATCHED TRANSACTIONS IN SCRIPS OF RAVALGAON SUGAR FARMS LTD. AND SHRENUJ & CO.LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF RAVALGAON SUGAR FARMS LTD. AND SHRENUJ & CO.LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 17-MAR-2011 TO 16-MAY-2011
24-FEB-2011
|
|
| 1165 |
|
|
TRUSTLINE SECURITIES LTD.
(PAN:AAACK1251G)
(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
|
|
| 1166 |
|
|
U.M.KAMDAR,M/S
(Member : BSE)
|
|
|
|
U.M.KAMDAR
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF GREENFIELD TRADING & FINANCE LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 23-JUL-2004 TO 22-JUL-2006
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 23-JUL-2004 TO 22-JUL-2006
23-JUL-2004
|
|
| 1167 |
|
|
U.M.KAMDAR,M/S
(Member : BSE)
|
|
|
|
U.M.KAMDAR
|
|
INDULGED IN ABNORMAL PRICE RISE AND MARKET MANIPULATIONS IN SCRIP OF SVA UDYOG INDIA LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 27-APR-1998 TO 26-JUN-1998
23-APR-1998
|
|
| 1168 |
|
|
UNIQUE STOCKBRO PVT.LTD.
(PAN:AAACU2884M)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR/SYNCHRONIZED TRANSACTIONS IN SCRIP OF G.G.AUTOMOTIVE GEARS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.47,00,000 VIDE CONSENT ORDER)
22-JUL-2010
|
|
| 1169 |
|
|
UNIQUE STOCKBRO PVT.LTD.
(PAN:AAACU2884M)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF KONKAN TYRES LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 29-SEP-2005 TILL FURTHER ORDERS
29-SEP-2005
|
DIRECTED THAT INTERIM ORDER DATED 29/09/2005 SHALL REMAIN IN FORCE TILL FURTHER DIRECTIONS BY SEBI
SEBI VIDE ORDER DATED 30/10/2009 VACATED PROCEEDINGS INITIATED VIDE ORDERS DATED 29/09/2005 AND 09/06/2006
|
| 1170 |
|
|
UNIVERSAL MEDIA NETWORK LTD.
(Member : NSE)
|
|
|
|
PRAMOD JAIN
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME IN SCRIP OF SRG INFOTECH LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 23-SEP-2008 TO 22-MAR-2009
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 23-SEP-2008 TO 22-MAR-2009
23-SEP-2008
|
|
| 1171 |
|
|
UTTAM FINANCIAL SERVICES LTD.
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF KARUNA CABLES LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
|
IMPOSED PENALTY RS.5,00,000
22-MAY-2009
|
|
| 1172 |
|
|
UTTAM FINANCIAL SERVICES LTD.
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR TRANSACTIONS/REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF GRAVITY INDIA LTD.
FAILED IN MAINTAINING INTEGRITY, INDULGED IN MANIPULATIVE ACTIVITIES AND NOT COMPLIED WITH 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 GRAVITY INDIA LTD.
|
IMPOSED PENALTY RS.7,00,000
18-AUG-2009
|
INCLUDED IN SEBI LIST DATED 31/12/2009, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 1173 |
|
|
V.G.CAPITAL MARKET PVT.LTD.
(PAN:AAACV9904D)
(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
|
|
| 1174 |
|
|
V.G.CAPITAL MARKET PVT.LTD.
(PAN:AAACV9904D)
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS AND REVERSAL OF TRADE TRANSACTIONS IN SCRIPS OF HITECH GEARS LTD. AND MUNJAL SHOWA LTD.
|
IMPOSED PENALTY RS.50,000
29-APR-2009
|
SAT: APPEAL FAILED AND DISMISSED WITH NO ORDER AS TO COSTS
|
| 1175 |
|
|
V.R.M.SHARE BROKING PVT.LTD.
(Member : NSE)
|
|
|
|
R.K.PANDEY
|
|
INDULGED IN PRICE MANIPULATION BY CIRCULAR AND STRUCTURED TRANSACTIONS 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. IMPUGNED ORDER SET ASIDE AND CASE REMANDED TO SEBI FOR FRESH DECISION. NO ORDER AS TO COSTS
|
| 1176 |
|
|
VAIBHAV STOCK & DERIVATIVES BROKING PVT.LTD.
(PAN:AABCV8124A)
(Member : NSE/BSE)
|
|
|
|
PANKAJ DOLATRAI SHAH
PAN:AAFPS1913H
|
|
|
RAJENDRA DOLATRAI SHAH
PAN:AAFPS1910E
|
|
COLLUDED WITH CLIENTS TO EXECUTE PREDETERMINED TRADES TO SQUARED OFF THE TRADES AND BOOK PROFITS/LOSSES IN MATTER OF INDEX OPTIONS CONTRACTS OF NIFTY
DID NOT CARRY OUT NECESSARY DUE DILIGENCE AND COMPLIANCE WITH STATUTORY REQUIREMENTS WHILE DEALING WITH CLIENTS IN MATTER OF INDEX OPTIONS CONTRACTS OF NIFTY
|
IMPOSED PENALTY RS.6,00,000
30-AUG-2024
|
|
| 1177 |
|
|
VALFIN FINANCIAL SERVICES PVT.LTD.
(Member : NSE)
|
|
|
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 04-NOV-1998
30-OCT-1998
|
|
| 1178 |
|
|
VALFIN FINANCIAL SERVICES PVT.LTD.
(Member : NSE)
|
|
|
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
DID NOT REPORT SPOT TRANSACTIONS TO THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 17-JUN-1998 TO 16-DEC-1999
28-OCT-1999
|
|
| 1179 |
|
|
VARREN FINANCIAL SERVICES LTD.
(Member : NSE)
|
|
|
INDULGED IN MARKET MANIPULATION IN SCRIP OF KAMAL OVERSEAS LTD.
SURRENDERED MEMBERSHIP CARD TO EXCHANGE
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 22-AUG-2002
22-AUG-2002
|
|
| 1180 |
|
|
VARUN TRADECOM PVT.LTD.
(PAN:AADCV5205A)
(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 59 of 62
|
