SOURCE OF INFORMATION : SECURITIES AND EXCHANGE BOARD OF INDIA WEBSITE � PRESS RELEASES/ CHAIRMAN�S AND MEMBER�S ORDERS / AO ORDERS/ SAT ORDERS/ NEWSPAPER ADS
UPDATED TILL : 04-NOV-2026

NAMES IN BROWN COLOUR
Names of entities/persons in brown colour denote that the regulatory order is not against them but their names have been mentioned only for association purposes.

PERSONS: DID NOT ADHERE TO SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

S.No.

PERSON

ENTITY

REGULATORY CHARGES

REGULATORY ACTION(S) / DATE OF ORDER

FURTHER DEVELOPMENTS

141

DADHANIA VIVEK GOPALBHAI

(PAN:CCBPD5521J)

ALLEGED MISREPRESENTATION/MISSTATEMENT OF FINANCIAL STATEMENTS THROUGH FICTITIOUS TRANSACTIONS IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANIC AGRO LTD.

ALLEGED FALSIFIED DETAILS OF ATTENDANCE OF INDEPENDENT DIRECTORS IN AUDIT COMMITTEE MEETING AND BOARD MEETINGS IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANIC AGRO LTD.

REACHED SETTLEMENT (SETTLEMENT CHARGES RS.13,65,000 VIDE CONSENT ORDER)

05-MAR-2025

142

DARSHAK MAHESH RUPANI

(PAN:AGTPR6549L)

PUBLISHED FALSE AND MISLEADING FINANCIAL STATEMENTS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(E), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANICS AGRO LTD.

PUBLISHED FALSE AND MISLEADING FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1), 4(2)(E), 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(6) 4(2)(F)(II)(7), 4(2)(F)(II)(8), 4(2)(F)(III)(7), 18(2), 23(2), 33(1)(A), 33(1)(C), 34(3) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27 OF SEBI ACT, 1992 IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANICS AGRO LTD.

ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANICS AGRO LTD.

MADE FALSE CORPORATE ANNOUNCEMENTS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(K) AND 4(2)(R) READ WITH REGULATIONS 2(1)(B) AND 2(1)(C) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANICS AGRO LTD.

MADE FALSE CORPORATE ANNOUNCEMENTS VIOLATING REGULATIONS 4(1), (C), (D) (E), (G), (H) AND 4(2)(F)(II)(8) OF SEBI (LODR) REGULATIONS, 2015 READ WITH REGULATION 30(1) AND 30(3) READ WITH 30(4) AND SCHEDULE III PART A PARA B (1),(2),(4) OF SEBI (LODR) REGULATIONS, 2015 SCHEDULE III PART A PARA C OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANICS AGRO LTD.

MADE FALSE CORPORATE ANNOUNCEMENTS VIOLATING CIRCULAR 09/09/2015 AND REGULATION 30(7), (8) AND (10) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27 OF SEBI ACT, 1992 IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANICS AGRO 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-2024 TILL FURTHER ORDERS

RESTRAINED FROM ACTING AS DIRECTORS OR KEY MANAGERIAL PERSONNEL OF ANY PUBLIC COMPANY, WHICH INTENDS TO RAISE MONEY FROM PUBLIC, INCLUDING DADA ORGANICS LTD. FROM 06-MAY-2024 TILL FURTHER ORDERS

06-MAY-2024

143

DEBJIT BANERJEE

(PAN:AKJPB5444L)

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NEWEVER TRADE WINGS LTD.

CIN:L74999WB2012PLC181106
PAN:AADCN9668B

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF NEWEVER TRADE WINGS LTD. VIOLATING REGULATIONS 4(2)(F)(II)(1), (6), (7), 4(2)(F)(III)(2), (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 NEWEVER TRADE WINGS LTD.

DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF NEWEVER TRADE WINGS 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 13-SEP-2022 TO 12-DEC-2022

DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS

13-SEP-2022

SAT: SAT VIDE ITS ORDER DATED 19/12/2022 PARTLY ALLOWED THE APPEAL AND SET ASIDE IMPUGNED ORDER DATED 13/09/2022

144

DEEPAK BHARGAVA

(PAN:ACAPB5130C)

(Along with : GAUTAMBHAI SHANTILAL ADANI,

RAJESHBHAI SHANTILAL ADANI,

LAXMI NARAYANA MISHRA,

ANIL KUMAR SARDANA)

ADANI TRANSMISSION LTD.

CIN:L40300GJ2013PLC077803

ALLEGED FAILURE IN ADHERING TO MINIMUM PUBLIC SHAREHOLDING REQUIREMENT VIOLATING RULE 19A OF SECURITIES CONTRACTS (REGULATIONS) RULES, 1957 AND CLAUSES 35 AND 40A OF LISTING AGREEMENT IN MATTER OF ADANI GROUP COMPANIES

ALLEGED FAILURE IN ADHERING TO MINIMUM PUBLIC SHAREHOLDING REQUIREMENT VIOLATING REGULATIONS 31 AND 38 OF SEBI (LODR) REGULATIONS, 2015 AND SECTION 24(1) OF SCRA, 1956 IN MATTER OF ADANI GROUP COMPANIES

REACHED SETTLEMENT (SETTLEMENT CHARGES RS.37,05,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)

28-SEP-2026

145

DEEPAK GUPTA

(PAN:AEUPG4707N)

REAL GROWTH COMMERCIAL ENTERPRISES LTD.

CIN:L70109DL1995PLC064254
PAN:AABCR8653C

DID NOT OVERSEE PROCESS OF DISCLOSURE AND COMMUNICATION BY BOARD OF DIRECTORS VIOLATING REGULATION 4(2)(F)(II)(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF REAL GROWTH COMMERCIAL ENTERPRISES LTD.

IMPOSED PENALTY RS.3,00,000

11-FEB-2021

SEBI VIDE ITS NOTICE DATED 24/05/2021 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL AND/OR MUTUAL FUNDS TO 1.ATTACH ALL THE ACCOUNTS (INCLUDING MUTUAL FUNDS) 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 16/08/2021 DIRECTED ALL THE BANKS TO REMIT ENTIRE AMOUNT TO THE EXTENT LYING IN THE BANK AND TERM DEPOSIT ACCOUNT OF MR.DEEPAK GUPTA TO SEBI BY WAY OF EFT/NEFT/RTGS

SEBI VIDE ITS ORDER DATED 31/08/2021 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 24/08/2021

146

DEEPAK RAJENDRA KUMAR NANGALIA

(PAN:ACMPN3605J)

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF LANDMARC LEISURE CORP.LTD.

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF LANDMARC LEISURE CORP.LTD. VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF LANDMARC LEISURE CORP.LTD.

DID NOT ADHERE TO REGULATION 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF LANDMARC LEISURE CORP.LTD.

ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF LANDMARC LEISURE CORP.LTD.

147

DEEPESH JAIN

(PAN:AGQPJ9415L)

RAJASTHAN TUBE MANUFACTURING CO.LTD.

PAN:AABCR1642P

DID NOT EXERCISE DUTY AS MEMBER OF AUDIT COMMITTEE VIOLATING REGULATION 18(3) READ WITH PARA A(1), A(4)(E), A(5), A(11) AND A(12) OF PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RAJASTHAN TUBE MANUFACTURING CO.LTD.

DID NOT DISCHARGE RESPONSIBILITIES AS MEMBERS OF BOARD OF DIRECTORS VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(1)(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 IN MATTER OF RAJASTHAN TUBE MANUFACTURING CO.LTD.

IMPOSED PENALTY RS.2,00,000

04-SEP-2025

SEBI VIDE ITS NOTICE DATED 21/11/2025 DIRECTED TO PAY RS.2,07,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SAT: SAT VIDE ITS ORDER DATED 05/12/2025 CONDONED THE DELAY OF 29 DAYS IN FILING OF APPEAL. GRANTED RESPONDENT SIX WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER. NO COERCIVE ACTION TO RECOVER PENALTY AMOUNT SUBJECT TO DEPOSIT 50% PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER

148

DEEPTI R.PURANIK

(PAN:ABQPP0917J)

KALYANI STEELS LTD.

PAN:AAACK7315D

ALLEGED FAILURE IN OBTAINING PRIOR APPROVAL FROM AUDIT COMMITTEE FOR RELATED PARTY TRANSACTIONS ENTERED BETWEEN KALYANI STEELS LTD. AND LORD GANESHA MINERALS PVT.LTD. VIOLATING REGULATIONS 6(2)(A) TO 6(2)(C) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 21 OF SCRA, 1956

ALLEGED FAILURE IN OBTAINING PRIOR APPROVAL FROM AUDIT COMMITTEE FOR RELATED PARTY TRANSACTIONS ENTERED BETWEEN KALYANI STEELS LTD. AND LORD GANESHA MINERALS PVT.LTD. WITH RESPECT TO GRANT OF TRADE ADVANCES TO LORD GANESHA MINERALS PVT.LTD. VIOLATING REGULATIONS 6(2)(A) TO 6(2)(C) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 21 OF SCRA, 1956

ALLEGED FAILURE IN OBTAINING PRIOR APPROVAL FROM AUDIT COMMITTEE FOR RELATED PARTY TRANSACTIONS ENTERED BETWEEN KALYANI STEELS LTD. AND KALYANI MINING VENTURES PVT.LTD. WITH RESPECT TO INVESTMENT IN 8% NON-CONVERTIBLE REDEEMABLE PREFERENCE SHARES OF KALYANI MINING VENTURES PVT.LTD. VIOLATING REGULATIONS 6(2)(A) TO 6(2)(C) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 21 OF SCRA, 1956

REACHED SETTLEMENT (SETTLEMENT CHARGES RS.95,55,000 VIDE CONSENT ORDER)

23-FEB-2026

149

DEVANG DINESHBHAI PANDYA

(PAN:CALPP1419F)

ADD-SHOP E-RETAIL LTD.

PAN:AAMCA0240P

150

DEVANG S.DESAI

(PAN:AACPD8157D)

(Along with : GAUTAMBHAI SHANTILAL ADANI,

RAJESHBHAI SHANTILAL ADANI,

VASANT S.ADANI,

AMEET H.DESAI,

PRANAV VINOD ADANI,

VINAY PRAKASH)

ADANI ENTERPRISES LTD.

CIN:L51100GJ1993PLC019067

REACHED SETTLEMENT (SETTLEMENT CHARGES RS.37,05,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)

28-SEP-2026

151

DEVENDRAKUMAR SHANTILAL SHAH

(PAN:AMKPS2912D)

MISUSED NAMES OF CHARTERED ACCOUNTANTS AS STATUTORY AUDITORS IN FINANCIAL STATEMENTS AND FILED FRAUDULENT AUDIT REPORTS AND DID NOT SUBMIT TRUE AND FAIR AUDITED FINANCIAL STATEMENTS TO STOCK EXCHANGES VIOLATING SECTION 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(D), 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ACIL COTTON INDUSTRIES LTD., UNIVERSAL CREDIT & SECURITIES LTD., MINDVISION CAPITAL LTD. AND RFL INTERNATIONAL LTD.

MISUSED NAMES OF CHARTERED ACCOUNTANTS AS STATUTORY AUDITORS IN FINANCIAL STATEMENTS AND FILED FRAUDULENT AUDIT REPORTS AND DID NOT SUBMIT TRUE AND FAIR AUDITED FINANCIAL STATEMENTS TO STOCK EXCHANGES VIOLATING REGULATION 4(1)(B), (C), (G), (J), 33(1)(D), 33(3)(D), (E), 34(2)(A) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ACIL COTTON INDUSTRIES LTD., UNIVERSAL CREDIT & SECURITIES LTD., MINDVISION CAPITAL LTD. AND RFL INTERNATIONAL LTD.

MISUSED NAMES OF CHARTERED ACCOUNTANTS AS STATUTORY AUDITORS IN FINANCIAL STATEMENTS AND FILED FRAUDULENT AUDIT REPORTS AND DID NOT SUBMIT TRUE AND FAIR AUDITED FINANCIAL STATEMENTS TO STOCK EXCHANGES VIOLATING CLAUSE 41(I)(D)(IV), AND (V) OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF ACIL COTTON INDUSTRIES LTD., UNIVERSAL CREDIT & SECURITIES LTD., MINDVISION CAPITAL LTD. AND RFL INTERNATIONAL LTD.

DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION / DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF ACIL COTTON INDUSTRIES LTD., UNIVERSAL CREDIT & SECURITIES LTD., MINDVISION CAPITAL LTD. AND RFL INTERNATIONAL LTD.

IMPOSED PENALTY RS.8,00,000

21-OCT-2022

SEBI VIDE ITS NOTICE DATED 26/10/2023 DIRECTED TO PAY RS.9,05,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

152

DEVI DINESHBHAI PANDYA

(PAN:CALPP1418E)

ADD-SHOP E-RETAIL LTD.

PAN:AAMCA0240P

153

DEVIDAS K.KAMBALE

(PAN:AAPPK3187P)

OMAXE LTD.

PAN:AAACO0171H

DID NOT EXERCISE DUE DILIGENCE AS A MEMBER OF AUDIT COMMITTEE VIOLATING REGULATION 18(3) READ WITH PART A OF PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF OMAXE LTD.

IMPOSED PENALTY RS.1,00,000

30-JUL-2024

SAT: SAT VIDE ITS ORDER DATED 01/10/2024 ALLOWED RESPONDENT FOUR WEEKS TO FILE REPLY AND REJOINDER TO BE FILED WITHIN FOUR WEEKS THEREAFTER. STAYED THE DIRECTIONS IN PARAS NO.41(1) AND 41(2) SUBJECT TO DEPOSIT OF PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER

SAT: SAT VIDE ITS ORDER DATED 16/12/2024 GRANTED APPELLANTS FOUR WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 08/05/2025 GRANTED APPELLANTS THREE WEEKS TO FILE REJOINDER

154

DHANANJAY CHANDRAKANT PARIKH

(PAN:ACTPP2402L)

ONELIFE CAPITAL ADVISORS LTD.

PAN:AAACO9540L

DID NOT EXERCISE DUE DILIGENCE AS A MEMBER OF AUDIT COMMITTEE VIOLATING REGULATION 18(3) READ WITH CLAUSES A(1) AND A(4) UNDER PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ONELIFE CAPITAL ADVISORS LTD.

IMPOSED PENALTY RS.3,00,000

28-MAR-2025

SAT: SAT VIDE ITS ORDER DATED 13/06/2025 ALLOWED RESPONDENT SIX WEEKS TO FILE REPLY AND REJOINDER IF ANY, TO BE FILED WITHIN THREE WEEKS THEREAFTER

SAT: SAT VIDE ITS ORDER DATED 13/06/2025 ALLOWED RESPONDENT SIX WEEKS TO FILE REPLY AND REJOINDER IF ANY, TO BE FILED WITHIN THREE WEEKS THEREAFTER. STAYED THE RECOVERY PROCEEDINGS SUBJECT TO DEPOSIT OF RS.1 LAC

155

DHANANJAY CHANDRAKANT PARIKH

(PAN:ACTPP2402L)

FAMILY CARE HOSPITALS LTD.

PAN:AAACP2883M

DID NOT EXERCISE DUE DILIGENCE AS A MEMBER OF AUDIT COMMITTEE IN APPROVING FINANCIAL STATEMENTS VIOLATING REGULATION 18(3) READ WITH CLAUSE A(1) AND A(4) UNDER PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27 OF SEBI ACT, 1992 IN MATTER OF FAMILY CARE HOSPITALS LTD.

IMPOSED PENALTY RS.2,00,000

03-JUN-2025

SEBI VIDE ITS NOTICE DATED 07/08/2025 DIRECTED TO PAY RS.2,07,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SEBI VIDE ITS ORDER DATED 20/08/2025 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.8855 OF 2025 DATED 07/08/2025

SAT: SAT VIDE ITS ORDER DATED 14/10/2025 CONDONED THE DELAY OF 39 DAYS IN FILING OF APPEAL. ALLOWED RESPONDENT SIX WEEKS TO FILE REPLY AND REJOINDER, IF ANY TO BE FILED WITHIN THREE WEEKS THEREAFTER

156

DHANESH VRAJLAL SHETH

(PAN:AAEPS3776M)

GITANJALI GEMS LTD.

PAN:AAACG1642F

DID NOT EXERCISE DUE DILIGENCE & CARE AND DID NOT FULFIL RESPONSIBILITY OF MAINTAINING ETHICAL STANDARDS IN COMPANY VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(8), 4(2)(F)(III)(3) AND 4(2)(F)(III)(6) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF GITANJALI GEMS LTD.

IMPOSED PENALTY RS.5,00,00,000 ALONG WITH OTHER ENTITIES/PERSONS

27-FEB-2020

SEBI VIDE ITS NOTICE DATED 04/09/2020 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 ORDER DATED 17/03/2022 DIRECTED ALL THE BANKS TO REMIT RS.6,23,13,329.00 TO THE EXTENT LYING IN THE ACCOUNT OF GITANJALI GEMS LTD., MR.MEHUL CHINUBHAI CHOKSI & MR.DHANESH VRAJLAL SHETH TO SEBI BY WAY OF EFT/NEFT/RTGS

157

DHARMESH BHANUSHALI

(PAN:ACCPB6794J)

REACHED SETTLEMENT (SETTLEMENT CHARGES RS.13,65,000 VIDE CONSENT ORDER)

05-MAR-2025

158

DHEERAJ RAJESHKUMAR WADHAWAN

(PAN:AAOPW4517G)

DID NOT MAKE COMPLETE DISCLOSURE AND ADEQUATE INFORMATION TO SHAREHOLDERS OF COMPANY ABOUT CCD AND PUT OPTIONS IN POSTAL BALLOT NOTICE AT THE TIME OF TAKING APPROVAL FROM THE SHAREHOLDERS FOR THE SUBJECT RELATED PARTY TRANSACTION VIOLATING REGULATION 4(1)(E) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF DHFL PRAMERICA LIFE INSURANCE CO.LTD.

IMPOSED PENALTY RS.10,00,000

31-JUL-2023

SEBI VIDE ITS NOTICE DATED 18/01/2024 DIRECTED TO PAY RS.10,61,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SEBI VIDE ITS ORDER DATED 20/02/2024 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

SAT: SAT VIDE ITS ORDER DATED 15/04/2025 GRANTED APPELLANT FOUR WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 14/07/2026 VACATED STAY GRANTED ON 09/09/2024

159

DHEERAJ SISODIA

(PAN:BCTPS9910B)

URJA GLOBAL LTD.

PAN:AAACC0367M

DISCLOSED FALSE INFORMATION VIOLATING REGULATIONS 3(D), 4(1), 4(2)(K) AND 4(2)(R) READ WITH REGULATIONS 2(1)(B) AND 2(1)(C) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF URJA GLOBAL LTD.

DID NOT PLACE MINIMUM INFORMATION BEFORE BOARD OF DIRECTORS VIOLATING REGULATION 17(7) READ WITH SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF URJA GLOBAL LTD.

DID NOT MAINTAIN HIGH ETHICAL STANDARDS AND TO TAKE INTO ACCOUNT INTEREST OF STAKEHOLDERS VIOLATING REGULATIONS 4(2)(F)III(3), 4(2)(F) III(6), 4(2)(F) III(7), 4(2)(F) III(12) AND 4(2)(F)III(13) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF URJA GLOBAL LTD.

DID NOT EFFECTIVELY DISCHARGE THEIR OBLIGATIONS BY PLACING INCOMPLETE INFORMATION TO BOARD OF DIRECTORS VIOLATING REGULATIONS 4(2)(F)I(2), 4(2)(F)II(8), 4(2)(F)III(3), 4(2)(F)III(6), 4(2)(F)III(12) AND 4(2)(F)III(13) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF URJA GLOBAL LTD.

DID NOT MAINTAIN OPERATIONAL TRANSPARENCY AND ETHICAL STANDARDS WITHIN THE COMPANY VIOLATING REGULATION 26(3) OF SEBI (LODR) REGULATIONS, 2015 READ WITH CLAUSES A, C & H AND CLAUSES 1 TO 4 OF DUTIES OF DIRECTORS SECTION IN COMPANY�S CODE OF CONDUCT IN MATTER OF URJA GLOBAL LTD.

IMPOSED PENALTY RS.6,00,000

29-JAN-2025

SEBI VIDE ITS NOTICE DATED 01/05/2025 DIRECTED TO PAY RS.6,31,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SAT: SAT VIDE ITS ORDER DATED 05/05/2025 GRANTED RESPONDENT SIX WEEKS TO FILE REPLY AND REJOINDER, IF ANY, BE FILED WITHIN TWO WEEKS THEREAFTER. STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% OF PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER

160

DHIRENDRA HANSRAJ SINGH

(PAN:ABTPS3636E)

(Along with : ABHISHEK DHIRENDRA SINGH,

DHRUV AGRAWAL)

DID NOT MAKE DISCLOSURES REGARDING DEVIATIONS IN UTILIZATION OF QIP PROCEEDS VIOLATING REGULATIONS 4(1)(C), 32(1) AND 32(4) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF MANPASAND BEVERAGES LTD.

IMPOSED PENALTY RS.5,00,000 ALONG WITH OTHER ENTITIES/PERSONS

02-MAR-2023