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

161

DHIRENDRA HANSRAJ SINGH

(PAN:ABTPS3636E)

Click here to view complete history of this specific entity/person

MANPASAND BEVERAGES LTD.

CIN:L15549GJ2010PLC063283
PAN:AAHCM1210E

MISREPRESENTED/MISSTATED/MANIPULATED FINANCIALS STATEMENTS AND MISUSED OF BOOKS OF ACCOUNTS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATION 3(B) 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 MANPASAND BEVERAGES LTD.

MISREPRESENTED/MISSTATED/MANIPULATED FINANCIALS STATEMENTS AND MISUSED OF BOOKS OF ACCOUNTS VIOLATING REGULATION 4(1)(C) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF MANPASAND BEVERAGES LTD.

ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF MANPASAND BEVERAGES LTD.

MISREPRESENTED/MISSTATED/MANIPULATED FINANCIALS STATEMENTS AND MISUSED OF BOOKS VIOLATING REGULATION 33 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF MANPASAND BEVERAGES LTD.

MISREPRESENTED/MISSTATED/MANIPULATED FINANCIALS STATEMENTS AND MISUSED OF BOOKS OF ACCOUNTS VIOLATING REGULATION 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(7) AND 4(2)(F)(III)(7) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF MANPASAND BEVERAGES LTD.

DID NOT EXERCISE DUE DILIGENCE AS MEMBER OF AUDIT COMMITTEE VIOLATING REGULATION 18(3) READ WITH CLAUSES A(1), A(4), A(5), A(7) AND A(11) TO A(13) OF PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF MANPASAND BEVERAGES LTD.

DID NOT FURNISH INFORMATION AND DID NOT COOPERATE WITH FORENSIC AUDITOR IN MATTER OF MANPASAND BEVERAGES LTD.

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 30-APR-2024 TO 29-APR-2029

30-APR-2024

SAT: SAT VIDE ITS ORDER DATED 21/05/2024 STAYED INTERIM DIRECTION AT PARAGRAPH NO.69(B) OF IMPUGNED ORDER SUBJECT TO APPELLANTS BEING PERMITTED TO KEY MANAGEMENT PERSONNEL (KMP). PARAGRAPH NOS.69(D) OF IMPUGNED ORDER REMAIN STAYED SUBJECT TO DEPOSIT 50% OF PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER

162

DHIRENDRA HANSRAJ SINGH

(PAN:ABTPS3636E)

MANPASAND BEVERAGES LTD.

CIN:L15549GJ2010PLC063283
PAN:AAHCM1210E

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 30-APR-2024 TO 29-APR-2027

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-APR-2024 TO 29-APR-2027

IMPOSED PENALTY RS.17,00,000

30-APR-2024

163

DHIRENDRA HANSRAJ SINGH

(PAN:ABTPS3636E)

MANPASAND BEVERAGES LTD.

CIN:L15549GJ2010PLC063283
PAN:AAHCM1210E

DID NOT MONITOR UTILIZATION OF ISSUE PROCEEDS OF VIOLATING REGULATION 18(3) READ WITH PARA (A)(6) OF PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF MANPASAND BEVERAGES LTD.

IMPOSED PENALTY RS.2,00,000

02-MAR-2023

SAT: SAT VIDE ITS ORDER DATED 01/05/2023 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY AND DIRECTED APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER

SEBI VIDE ITS NOTICE DATED 27/07/2023 DIRECTED TO PAY RS.7,36,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

164

DHRUV AGRAWAL

(PAN:ACKPA1653M)

(Along with : DHIRENDRA HANSRAJ SINGH,

ABHISHEK DHIRENDRA SINGH)

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

SAT: SAT VIDE ITS ORDER DATED 01/05/2023 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER

SEBI VIDE ITS NOTICE DATED 20/07/2023 DIRECTED TO PAY RS.5,26,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SAT: SAT VIDE ITS ORDER DATED 05/07/2023 CONDONED THE DELAY IN FILING OF APPEAL

SAT: SAT VIDE ITS ORDER DATED 10/10/2023 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 30/01/2024 ALLOWED FURTHER THREE WEEKS TO FILE REJOINDER

165

DHRUVI KOTHARI

(PAN:ITQPK8962N)

BHARAT GLOBAL DEVELOPERS LTD.

PAN:AAACP9354K

MADE FALSE AND MISLEADING STATEMENTS TO STOCK EXCHANGES REGARDING ANNOUNCEMENTS OF ORDER/ CONTRACTS VIOLATING REGULATION 30 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BHARAT GLOBAL DEVELOPERS LTD.

RESTRAINED FROM ASSOCIATED WITH ANY LISTED COMPANY AND ANY PUBLIC COMPANY AS DIRECTORS/PROMOTERS WHICH INTENDS TO RAISE MONEY FROM THE PUBLIC AND/OR ANY INTERMEDIARY WITH SEBI FROM 23-DEC-2024 UNTIL FURTHER ORDERS

DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS

DIRECTED NOT TO DEAL IN SHARES OF BHARAT GLOBAL DEVELOPERS LTD. IN ANY MANNER WHATSOEVER FROM 23-DEC-2024 UNTIL FURTHER ORDERS

DIRECTED TO CO-OPERATE WITH SEBI�S INVESTIGATION BY FURNISHING ALL RELEVANT INFORMATION REGARDING THE COMPANY�S COMMERCIAL TRANSACTION, ITRS , MINUTES OF MEETINGS OF COMPANY�S BOARD OF DIRECTORS, EMPLOYEES, EPFO, GST REGISTRATION AND PAYMENTS, COMMUNICATIONS WITH TATA AGRO & CONSUMER PRODUCTS, RELIANCE INDUSTRIES LTD., UPL AGRO PVT.LTD., MC CAIN INDIA AGRO PVT.LTD. REGARDING THE BUSINESS CONTRACTS DISCLOSED TO INVESTORS

23-DEC-2024

SEBI VIDE ITS ORDER DATED 26/03/2025 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 23/12/2024

SEBI VIDE ITS ORDER DATED 27/08/2026 REVOKED ALL THE DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 23/12/2024 AND CONFIRMATORY ORDER DATED 26/03/2025

166

DIBYENDU SARKAR

(PAN:DHFPS9442K)

(Along with : FALGUNI MAJUMDAR,

DINESH MAJUMDAR,

PUSHPA MAJUMDAR,

LIPIKA RAY)

DID NOT MAKE DISCLOSURE OF ADVANCE OF RS.0.17 CRORES TAKEN FROM MANTRA PANAGARH DEVELOPERS PVT.LTD. VIOLATING REGULATION 4(2)(F)(II) (6) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RITMAN INFRA LTD.

IMPOSED PENALTY RS.2,00,000 ALONG WITH OTHER ENTITIES/PERSONS

24-DEC-2019

SAT: SAT VIDE ITS ORDER DATED 06/03/2020 SET ASIDED PENALTY AMOUNT OF RS.5 LACS AND DISPOSED OFF THE APPEAL WITH WARNING TO APPELLANT

167

DILIP BHATIA

(PAN:ABEPB7695P)

IL&FS TRANSPORTATION NETWORKS LTD.

PAN:AABCC5460A

DID NOT PROVIDE CORRECT COMPLIANCE CERTIFICATES WITH RESPECT TO RELATED PARTY TRANSACTIONS IN ANNUAL FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) READ WITH PARA A(2) OF PART B OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF IL&FS TRANSPORTATION NETWORKS LTD.

IMPOSED PENALTY RS.25,00,000

15-SEP-2022

SAT: SAT VIDE ITS ORDER DATED 02/11/2022 RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER. STAYED THE EFFECT AND OPERATION OF THE IMPUGNED ORDER AGAINST ALL THE APPELLANTS TILL FURTHER ORDERS

SAT: SAT VIDE ITS ORDER DATED 05/01/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 12/07/2024 CONDONED THE DELAY IN FILING OF APPEAL AND REJOINDER TO BE KEPT IN RECORD

168

DILIP G.PIRAMAL

(PAN:AEAPP7149H)

KEMP & CO.LTD.

PAN:AAACK2249L

FILED WRONG DISCLOSURE OF SHAREHOLDING PATTERN IN MATTER OF KEMP & CO.LTD.

DID NOT ADHERE TO MINIMUM PUBLIC SHAREHOLDING REQUIREMENT

IMPOSED PENALTY RS.20,00,000

26-JUN-2024

SAT: SAT VIDE ITS ORDER DATED 21/08/2024 ALLOWED RESPONDENT FOUR WEEKS TO FILE REPLY AND REJOINDER TO BE FILED WITHIN TWO WEEKS THEREAFTER. EFFECT AND OPERATION OF IMPUGNED ORDER TO REMAIN STAYED SUBJECT TO DEPOSIT OF RS.1 CRORE BY APPELLANT WITH RESPONDENT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER

169

DILIP KUMAR PIPALWA

(PAN:AFUPP1788H)

JALAN CEMENT WORKS LTD.

CIN:L65923WB1972PLC028322
PAN:AAACJ6788R

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JALAN CEMENT WORKS LTD. (NOW KNOWN AS AASHRIT CAPITAL LTD.)& SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II), (6), (7), 4(2)(F)(III)(2), (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF JALAN CEMENT WORKS LTD. (NOW KNOWN AS AASHRIT CAPITAL 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 11-MAY-2022 TO 10-MAY-2023

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

IMPOSED PENALTY RS.10,00,000

11-MAY-2022

SAT: SAT VIDE ITS ORDER DATED 13/06/2022 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND APPELLANT TO FILE REJOINDER WITHIN THREE WEEKS THEREAFTER. DIRECTED THAT THE DEBARMENT ORDER AGAINST APPELLANT TO REMAIN STAYED DURING PENDENCY OF THE APPEAL AND APPELLANT TO DEPOSIT 50% OF PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER AND IF DEPOSITED, THE BALANCE AMOUNT NOT BE RECOVERED DURING PENDENCY OF THE APPEAL

SAT: SAT VIDE ITS ORDER DATED 29/07/2022 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY

SEBI VIDE ITS NOTICE DATED 16/09/2022 DIRECTED TO PAY RS.10,51,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SAT: SAT VIDE ITS ORDER DATED 22/08/2022 GRANTED THREE WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 12/05/2023 CONDONED THE DELAY IN FILING OF APPEAL AND DISMISSED THE APPEAL

SAT: SAT VIDE ITS ORDER DATED 01/05/2023 CONDONED THE DELAY IN FILING OF APPEAL

170

DILIP SHANGHVI

(PAN:AMPPS4862F)

ALLEGED FAILURE IN TAKING PRIOR APPROVAL FROM AUDIT COMMITTEE FOR TRANSACTIONS WITH ADITYA MEDISALES LTD.VIOLATING REGULATION 23(2) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SUN PHARMACEUTICAL INDUSTRIES LTD.

ALLEGED FAILURE IN TAKING PRIOR APPROVAL FROM SHAREHOLDERS FOR RELATED PARTY TRANSACTIONS WITH ADITYA MEDISALES LTD.VIOLATING REGULATION 23(4) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SUN PHARMACEUTICAL INDUSTRIES LTD.

ALLEGED FAILURE IN MAKING DISCLOSURE OF RELATED PARTY TRANSACTIONS WITH ADITYA MEDISALES LTD. IN ANNUAL REPORTS VIOLATING REGULATION 34(3) READ WITH SCHEDULE V OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SUN PHARMACEUTICAL INDUSTRIES LTD.

ALLEGED OMISSION OF RELATED PARTY TRANSACTIONS IN FINANCIAL STATEMENTS, THE COMPLIANCE CERTIFIED PROVIDED WAS UNTRUE VIOLATING REGULATIONS 33(2)(A) AND 17(8) READ WITH PART B OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SUN PHARMACEUTICAL INDUSTRIES LTD.

REACHED SETTLEMENT (SETTLEMENT CHARGES RS.62,35,000 VIDE CONSENT ORDER)

11-FEB-2021

171

DINESH GANGARAM AGRAWAL

(PAN:ABLPA5717E)

PRABHU STEEL INDUSTRIES LTD.

PAN:AABCP0025E

MISPRESENTED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(A) TO 4(1)(C), 4(1)(G), 4(1)(H), 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(7), 4(2)(F)(II)(8), 4(2)(F)(III)(1), 4(2)(F)(III)(3), 4(2)(F)(III)(6), 4(2)(F)(III)(12) AND 33(1)(A)(C) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTIONS 21 AND 24 OF SCRA, 1956 AND SECTION 27 OF SEBI ACT, 1992 IN MATTER OF PRABHU STEEL INDUSTRIES LTD.

DID NOT ADHERE TO ACCOUNTING STANDARD VIOLATING REGULATION 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF PRABHU STEEL INDUSTRIES LTD.

DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONS VIOLATING REGULATION 34(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF PRABHU STEEL INDUSTRIES LTD.

ISSUED 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 READ WITH SECTIONS 21 AND 24 OF SEBI SCRA, 1956 IN MATTER OF PRABHU STEEL INDUSTRIES LTD.

IMPOSED PENALTY RS.3,00,000

10-APR-2024

SEBI VIDE ITS NOTICE DATED 22/08/2021 DIRECTED TO PAY RS.3,16,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SAT: SAT VIDE ITS ORDER DATED 13/08/2024 GRANTED RESPONDENT FOUR WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER TWO WEEKS THEREAFTER

SEBI VIDE ITS ORDER DATED 09/09/2024 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 13/09/2024 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 09/09/2024

SEBI VIDE ITS ORDER DATED 13/09/2024 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.7943 OF 2024 DATED 22/08/2024

172

DINESH MAJUMDAR

(PAN:ADUPM4085C)

(Along with : FALGUNI MAJUMDAR,

PUSHPA MAJUMDAR,

LIPIKA RAY,

DIBYENDU SARKAR)

IMPOSED PENALTY RS.2,00,000 ALONG WITH OTHER ENTITIES/PERSONS

24-DEC-2019

SAT: SAT VIDE ITS ORDER DATED 06/03/2020 SET ASIDED PENALTY AMOUNT OF RS.5 LACS AND DISPOSED OFF THE APPEAL WITH WARNING TO APPELLANT

173

DINESH MOHAN NAIK

(PAN:ACAPN2393M)

G.V.FILMS LTD.

CIN:L92490MH1989PLC238780
PAN:AAACG2118C

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

SAT: SAT VIDE ITS ORDER DATED 06/01/2023 CONDONED THE DELAY IN FILING OF APPEAL AND REDUCED DEBARMENT PERIOD FROM ONE YEAR TO PERIOD UNDERGONE AND SET ASIDE PENALTIES IMPOSED

174

DINESH RAJA PUNNIAMURTHY

(PAN:ALIPD6880G)

DID NOT CARRY OUT ADEQUATE DUE DILIGENCE, ACTED LIKE AN AGENT OF THE COMPANY AND DID NOT EXERCISE INDEPENDENT JUDGEMENT AS MEMBERS OF AUDIT COMMITTEE OF A LISTED COMPANY VIOLATING REGULATION 18(3) READ WITH PART C OF SCHEDULE II AND REGULATION 25(5) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SECUREKLOUD TECHNOLOGIES LTD. (FORMERLY KNOWN AS 8K MILES SOFTWARE SERVICES LTD.)

MADE FALSE DISCLOSURE IN QUARTERLY FINANCIAL STATEMENTS VIOLATING REGULATION 4(1)(C) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SECUREKLOUD TECHNOLOGIES LTD. (FORMERLY KNOWN AS 8K MILES SOFTWARE SERVICES LTD.)

PROVIDED FALSE/INCORRECT/INCOMPLETE INFORMATION IN RESPONSE TO SUMMONS IN MATTER OF SECUREKLOUD TECHNOLOGIES LTD. (FORMERLY KNOWN AS 8K MILES SOFTWARE SERVICES LTD.)

IMPOSED PENALTY RS.20,00,000

20-JAN-2023

SAT: SAT VIDE ITS ORDER DATED 31/03/2023 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND REJOINDER TO BE FILED ON OR BEFORE NEXT DATE

SAT: SAT VIDE ITS ORDER DATED 03/05/2023 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER

SEBI VIDE ITS NOTICE DATED 26/06/2023 DIRECTED TO PAY RS.21,21,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SAT: SAT VIDE ITS ORDER DATED 14/07/2023 DIRECTED APPELLANT TO DEPOSIT 50% OF PENALTY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND IF AMOUNT DEPOSITED, BALANCE AMOUNT NOT TO BE RECOVERED DURING PENDENCY OF THE APPEAL

SAT: SAT VIDE ITS ORDER DATED 04/08/2023 CONDONED THE DELAY IN FILING OF APPEAL

SAT: SAT VIDE ITS ORDER DATED 29/04/2025 STAYED RECOVERY PROCEEDINGS SUBJECT TO DEPOSIT 50% PENALTY AMOUNT WITHIN SIX WEEKS FROM DATE OF THIS ORDER

SAT: SAT VIDE ITS ORDER DATED 06/03/2026 DISMISSED THE APPEAL. NO COSTS

SEBI VIDE ITS ORDER DATED 10/03/2026 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS, MUTUAL FUNDS FOLIOS AND/OR POST OFFICE ACCOUNT 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 25/03/2026 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 10/03/2026

SEBI VIDE ITS ORDER DATED 25/03/2026 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.6712 OF 2023 DATED 26/06/2023

175

DINESH S.KANODIA

(PAN:AEHPK9440F)

SHIRPUR GOLD REFINERY LTD.

PAN:AAACA4896K

MISREPRESENTED FINANCIAL STATEMENTS/RESULTS AND DID NOT GIVE A TRUE AND FAIR VIEW OF FINANCIAL PERFORMANCE AND POSITION VIOLATING SETIONS 12A(B) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(C) TO 3(D), 4(1), 4(2)(F) AND (K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SHIRPUR GOLD REFINERY LTD.

MISPRESENTED FINANCIAL STATEMENTS/RESULTS AND DID NOT GIVE A TRUE AND FAIR VIEW OF FINANCIAL PERFORMANCE AND POSITION VIOLATING REGULATIONS 4(1)(C) TO 4(1)(D) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SHIRPUR GOLD REFINERY LTD.

DID NOT MAKE DISCLOSURE OF MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES VIOLATING SECTIONS 27(1) AND/OR 27(2) READ WITH REGULATIONS 30(2) AND 30(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SHIRPUR GOLD REFINERY LTD.

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

DIRECTED TO FILE PUBLIC DISCLOSURE TO THE STOCK EXCHANGES AS WELL AS PUBLISH ON COMPANY�S WEBSITE THE CONTENTS OF THIS ORDER-CUM-SHOW CAUSE NOTICE WITHIN THREE DAYS FROM DATE OF RECEIPT THIS ORDER

DIRECTED TO DISCLOSE UPDATED STATUS OF ALL UNDISCLOSED MATERIAL EVENTS/INFORMATION TO STOCK EXCHANGES WITHIN FIFTEEN DAYS FROM DATE OF RECEIPT OF THIS ORDER

DIRECTED NOT TO SELL/DISPOSE OF/DILUTE SHAREHOLDING IN COMPANY, HELD DIRECTLY OR INDIRECTLY THROUGH FAMILY MEMBERS OR THROUGH COMPANIES IN WHICH THEY OR THEIR FAMILY MEMBERS DIRECTORS

25-APR-2023

176

DINESHBHAI BHANUSHANKAR PANDYA

(PAN:AMKPP2718A)

ADD-SHOP E-RETAIL LTD.

PAN:AAMCA0240P

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.

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

177

DIPAK KUMAR SINGH

(PAN:AMAPS1805K)

(Along with : LAXMI SINGH,

YASH SINGH)

EMKAY CONSULTANTS LTD.

DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATION 31A(5) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF EMKAY CONSULTANTS LTD.

DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATIONS 3(1), 3(2) AND 4 OF SAST REGULATIONS, 2011 IN MATTER OF EMKAY CONSULTANTS LTD.

IMPOSED PENALTY RS.20,00,000 ALONG WITH OTHER ENTITIES/PERSONS

25-NOV-2025

SAT: SAT VIDE ITS ORDER DATED 12/01/2026 GRANTED RESPONDENTS SIX WEEKS TO FILE REPLY AND REJOINDER, IF ANY, BE FILED WITHIN THREE WEEKS THEREAFTER

178

DIPAN BABULAL PATWA

(PAN:ADSPP9952D)

(Along with : MANISH JAYSUKHLAL JANANI,

JEEYAN DIPAN PATWA,

SONAL DEEPAN PATWA)

PUBLISHED MISREPRESENTED/MANIPULATED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(2)(F), 4(2)(K), 4(2)(R) READ WITH 2(1)(B) AND 2(1)(C) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF LYPSA GEMS JEWELLERY LTD.

PUBLISHED MISREPRESENTED/MANIPULATED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(C), 4(1)(D), 4(1)(E) AND 4(1)(G) TO 4(1)(J) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF LYPSA GEMS JEWELLERY LTD.

INDULGED IN MISREPRESENTATION AND MISSTATEMENT OF FINANCIAL STATEMENTS IN ANNUAL RESULT AND ANNUAL REPORTS VIOLATING OF REGULATIONS 4(1)(A), 4(1)(B), 4(2)(E)(I), 33(3)(D), 34(2)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF LYPSA GEMS JEWELLERY LTD.

DID NOT INCLUDE STATUTORY AUDITOR�S REPORT AND DID NOT MAKE DISCLOSURE OF AOC-1 IN FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(A), 4(1)(C) TO 4(1)(E), 4(1)(G) TO 4(1)(J), 4(2)(E)(I) AND 34(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF LYPSA GEMS JEWELLERY LTD.

DID NOT PROVIDE CERTIFICATE OF NON-DISQUALIFICATION OF DIRECTORS IN FINANCIAL STATEMENTS AND ANNUAL REPORTS VIOLATING REGULATIONS 4(1)(A), 4(1)(C) TO 4(1)(E), 4(1)(G) TO 4(1)(J), 4(2)(E)(I) AND 34(3) READ WITH SCHEDULE V PARA C CLAUSE 10(I) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF LYPSA GEMS JEWELLERY LTD.

IMPOSED PENALTY RS.6,00,000 ALONG WITH OTHER ENTITIES/PERSONS

16-APR-2026

179

DIPIKA AMAR VAKIL

(PAN:AAFPV5603F)

ALLEGED VIOLATION OF REGULATION 10(4)(C) OF SEBI (DELISTING) REGULATIONS, 2021 IN THE MATTER OF ELCID INVESTMENTS LTD.

ALLEGED VIOLATION OF REGULATION 4(1)(G) OF SEBI (LODR) REGULATIONS, 2015 IN THE MATTER OF ELCID INVESTMENTS LTD.

ALLEGED VIOLATION OF REGULATIONS 4(2)(F)(III)(3) AND (6) OF SEBI (LODR) REGULATIONS, 2015 IN THE MATTER OF ELCID INVESTMENTS LTD.

ALLEGED VIOLATION OF SECTION 166(2) AND 166(3) OF COMPANIES ACT, 2013 IN THE MATTER OF ELCID INVESTMENTS LTD.

REACHED SETTLEMENT (SETTLEMENT CHARGES RS.8,12,500 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)

21-MAY-2024

180

E.SUBBARAYAN

(PAN:BEBPS0342K)

TATIA GLOBAL VENNTURE LTD.

CIN:L18101TN1994PLC026546
PAN:AAACT1724B

INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF TGVL AND CONSOLIDATING SUBSIDIARIES VIOLATING REGULATIONS 4(1)(A) 4(1)(C), (E) & (G), 4(2)(F)(II)(6) & (7), 4(2)(F)(III)(3),(6) & (12), 16(1)(B)(IV), 17(1)(B), 18(1)(B), 19(1), 23(3), 24(3), 25(3), 33, CLAUSE B(2) OF SCHEDULE III READ WITH REGULATIONS 30 AND 48 OF SEBI (LODR) REGULATION, 2015 IN MATTER OF TATIA GLOBAL VENNTURE 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-MAY-2021 TO 27-MAY-2022

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

28-MAY-2021

SAT: SAT VIDE ITS ORDER DATED 18/11/2021 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER

SAT: SAT VIDE ITS ORDER DATED 28/02/2022 CONDONED THE DELAY IN FILING OF REJOINDER AFFIDAVIT

SAT: SAT VIDE ITS ORDER DATED 24/08/2022 PARTLY ALLOWED THE APPEAL AND SET ASIDE IMPUGNED ORDER DATED 28/05/2021

The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.