| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1901 |
|
STAR LEASING LTD.
|
|
|
|
NILAM C.SHAH
|
|
|
UPENDRA C.SHAH
|
|
DID NOT ADHERE TO SEBI TAKEOVER REGULATIONS, 1997
|
IMPOSED PENALTY RS.50,000 ALONG WITH OTHER ENTITIES/PERSONS
11-NOV-2004
|
SAT: APPEAL DISMISSED
|
| 1902 |
|
|
STARCOM INFORMATION TECHNOLOGY LTD.
(CIN:L67120KA1995PLC078846
PAN:AAACJ1380R)
|
|
|
ALLEGED DELAY IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO STOCK EXCHANGES AS REQUIRED UNDER REGULATION 8(3) OF SEBI TAKEOVER CODE, 1997
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.1,50,000 VIDE CONSENT ORDER)
30-OCT-2012
|
|
| 1903 |
|
|
STARVIEW CONSTRUCTIONS PVT.LTD.
|
|
|
ACTED IN CONCERT WITH PROMOTERS OF THE BANK OF RAJASTHAN LTD.FOR THE PURPOSE OF ACQUISITION OF SHARES/VOTING RIGHTS INDIRECTLY FOR PROMOTERS FOR THE PURPOSE OF CONCEALMENT OF THEIR ACQUISITION OF SHARES VIOLATING SEBI TAKEOVER CODE, 1997
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 08-MAR-2010 TILL FURTHER ORDERS
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 08-MAR-2010 TILL FURTHER ORDERS
DIRECTED NSDL AND CDSL TO FREEZE BENEFICIAL OWNER ACCOUNTS OF PERSONS/ENTITIES
DIRECTED BSE AND NSE TO PERMIT MEMBERS TO SQUARE OFF THEIR EXISTING OPEN POSITIONS IF ANY, IN F&O SEGMENT AND ENSURE THAT NO FRESH POSITIONS ARE CREATED
08-MAR-2010
|
SEBI VIDE ITS ORDER DATED 26/03/2012 REVOKED THE DIRECTIONS ISSUED VIDE ITS ORDER DATED 08/03/2010
|
| 1904 |
|
|
STARVIEW MERCANTILE CO.PVT.LTD.
(PAN:AAJCS3372B)
|
|
|
ACTED IN CONCERT WITH PROMOTERS OF THE BANK OF RAJASTHAN LTD.FOR THE PURPOSE OF ACQUISITION OF SHARES/VOTING RIGHTS INDIRECTLY FOR PROMOTERS FOR THE PURPOSE OF CONCEALMENT OF THEIR ACQUISITION OF SHARES VIOLATING SEBI TAKEOVER CODE, 1997
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 08-MAR-2010 TILL FURTHER ORDERS
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 08-MAR-2010 TILL FURTHER ORDERS
DIRECTED NSDL AND CDSL TO FREEZE BENEFICIAL OWNER ACCOUNTS OF PERSONS/ENTITIES
DIRECTED BSE AND NSE TO PERMIT MEMBERS TO SQUARE OFF THEIR EXISTING OPEN POSITIONS IF ANY, IN F&O SEGMENT AND ENSURE THAT NO FRESH POSITIONS ARE CREATED
08-MAR-2010
|
SEBI VIDE ITS ORDER DATED 26/03/2012 REVOKED THE DIRECTIONS ISSUED VIDE ITS ORDER DATED 08/03/2010
|
| 1905 |
|
|
STARVIEW MERCANTILE CO.PVT.LTD.
(PAN:AAJCS3372B)
|
|
|
INDULGED IN OFF-MARKET TRANSACTIONS IN SCRIP OF BANK OF RAJASTHAN LTD.
DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATION 11(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF BANK OF RAJASTHAN LTD.
|
IMPOSED PENALTY RS.8,00,000
14-FEB-2013
|
SAT: SAT VIDE ITS ORDER DATED 11/02/2014 UPHELD PENALTY IMPOSED UNDER SECTIONS 15HA , 15A (A) AND 15H(II) OF SEBI ACT.
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SEBI VIDE ITS NOTICE DATED 23/03/2017 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 23/08/2018 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 23/03/2017
SEBI VIDE ITS NOTICE DATED 27/09/2023 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.18,09,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG
|
| 1906 |
|
|
STERLING CONSULTANCY SERVICES PVT.LTD.
|
|
|
|
AJIT R.SANGHVI
|
|
DID NOT MAKE DISCLOSURE OF ACQUISITION OF 350000 SHARES OF WASHINGTON SOFTWARE LTD. MAKING 5.07% HOLDING IN AGGREGATE
|
IMPOSED PENALTY RS.1,00,000
07-JUN-2007
|
SAT: APPEAL DISMISSED AS WITHDRAWN
|
| 1907 |
|
|
STERLING HOLIDAY RESORTS (INDIA) LTD.
(Along with : DOVE INVESTMENTS PVT.LTD.)
|
|
|
|
P.N.MOHAN
|
|
|
R.SUBRAMANIAN
|
|
|
S.DHANVANTHARY
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATION 7(1A) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF STERLING HOLIDAY RESORTS (INDIA) LTD.
|
IMPOSED PENALTY RS.1,05,000
27-MAY-2011
|
|
| 1908 |
|
|
STERLING HOLIDAY RESORTS (INDIA) LTD.
(Along with : DOVE INVESTMENTS PVT.LTD.)
|
|
|
|
P.N.MOHAN
|
|
|
R.SUBRAMANIAN
|
|
|
S.DHANVANTHARY
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATION 7(1A) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF STERLING HOLIDAY RESORTS (INDIA) LTD.
|
IMPOSED PENALTY RS.1,05,000
27-MAY-2011
|
|
| 1909 |
|
|
STERLING HOLIDAY RESORTS (INDIA) LTD.
(Along with : DOVE INVESTMENTS PVT.LTD.)
|
|
|
|
P.N.MOHAN
|
|
|
R.SUBRAMANIAN
|
|
|
S.DHANVANTHARY
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATION 7(1A) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF STERLING HOLIDAY RESORTS (INDIA) LTD.
|
IMPOSED PENALTY RS.1,05,000
27-MAY-2011
|
|
| 1910 |
|
|
STERLING INVESTMENT CORP.PVT.LTD.
|
|
|
DELAY IN MAKING PUBLIC ANNOUNCEMENT IN MATTER OF FAL INDUSTRIES LTD.
|
LAUNCHED ADJUDICATION PROCEEDINGS
31-AUG-2004
|
SAT: IMPUGNED ORDER SET ASIDE
|
| 1911 |
|
|
STERLING MARKETING SERVICES PVT.LTD.
(CIN:U90009TN1988PTC015284)
(Along with : STERLING HOLIDAY RESORTS (INDIA) LTD.)
|
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATION 7(1A) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF STERLING HOLIDAY RESORTS (INDIA) LTD.
|
IMPOSED PENALTY RS.25,000
27-MAY-2011
|
|
| 1912 |
|
|
STERLITE INDUSTRIES (INDIA) LTD.
(Along with : TWINSTAR HOLDINGS LTD.)
|
|
|
|
VINAY GAOKAR
|
|
DELAY IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO STOCK EXCHANGES AS REQUIRED UNDER REGULATION 8(3) OF SEBI TAKEOVER CODE, 1997
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO STOCK EXCHANGE AS REQUIRED UNDER REGULATIONS 6(2) AND 6(4) OF SEBI TAKEOVER CODE, 1997
|
IMPOSED PENALTY RS.1,00,000
06-APR-2005
|
|
| 1913 |
|
|
STERLITE INDUSTRIES (INDIA) LTD.
|
|
|
PAID CONSIDERATION AMOUNT TO 8 NRI/FII/OCB SHAREHOLDERS VIZ.THE INDIA FUND, INC., METDIST INDIA HOLDINGS LIMITED, KRISHNA KUMAR RAJAMANI, LAL TOLANI, NAZIR GHULAMHUSAIN, SUURIN J. SHAH, ANUJA ROHIT WARIAWALLA ALIAS ANUJA KAUSHIK SHETH AND MERLYN LEE ON SEPTEMBER 04, 2002 I.E. AFTER A DELAY OF 40 DAYS AND TO SOCIETE GENERALE ON OCTOBER 3,2002 I.E. AFTER A DELAY OF 69 DAYS WHICH IS NOT WITHIN THE STIPULATED TIME LIMIT OF 30 DAYS FROM THE DATE OF CLOSURE OF OFFER
|
DIRECTED ACQUIRER TO PAY INTEREST FOR LOSS CAUSED TO SHAREHOLDERS
12-JUN-2003
|
SAT: IMPUGNED ORDER SET ASIDE AND APPEAL ALLOWED
|
| 1914 |
|
|
STERLITE INDUSTRIES (INDIA) LTD.
|
|
|
DID NOT ADHERE TO SEBI TAKEOVER REGULATIONS, 1997
|
DIRECTED ACQUIRER TO MAKE PAYMENT IN CASH TO SHAREHOLDERS
DIRECTED ACQUIRER TO PAY INTEREST FOR LOSS CAUSED TO SHAREHOLDERS
29-OCT-1998
|
|
| 1915 |
|
|
STERLITE METAL ROLLING MILLS PVT.LTD.
(PAN:AAECS6358N)
|
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATION 7(1A) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF ARUN VARUN TRADE & INVESTMENT LTD.
|
IMPOSED PENALTY RS.5,00,000 ALONG WITH OTHER ENTITIES/PERSONS
27-DEC-2017
|
|
| 1916 |
|
|
STERLITE METAL ROLLING MILLS PVT.LTD.
(PAN:AAECS6358N)
|
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATION 7(1) READ WITH 7(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF PANKAJ PIYUSH TRADE & INVESTMENTS LTD.
DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATIONS 12 READ WITH 14 OF SEBI TAKEOVER CODE, 1997 IN MATTER OF PANKAJ PIYUSH TRADE & INVESTMENTS LTD.
|
IMPOSED PENALTY RS.54,50,000
31-JUL-2017
|
SEBI VIDE ITS NOTICE DATED 29/10/2018 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
SEBI VIDE ITS ORDER DATED 26/11/2018 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 13/08/2018
|
| 1917 |
|
|
STERLITE OPPORTUNITIES & VENTURES LTD.
|
|
|
PAID CONSIDERATION AMOUNT TO 8 NRI/FII/OCB SHAREHOLDERS VIZ.THE INDIA FUND, INC., METDIST INDIA HOLDINGS LIMITED, KRISHNA KUMAR RAJAMANI, LAL TOLANI, NAZIR GHULAMHUSAIN, SUURIN J. SHAH, ANUJA ROHIT WARIAWALLA ALIAS ANUJA KAUSHIK SHETH AND MERLYN LEE ON SEPTEMBER 04, 2002 I.E. AFTER A DELAY OF 40 DAYS AND TO SOCIETE GENERALE ON OCTOBER 3,2002 I.E. AFTER A DELAY OF 69 DAYS WHICH IS NOT WITHIN THE STIPULATED TIME LIMIT OF 30 DAYS FROM THE DATE OF CLOSURE OF OFFER
|
DIRECTED ACQUIRER TO PAY INTEREST FOR LOSS CAUSED TO SHAREHOLDERS
12-JUN-2003
|
SAT: IMPUGNED ORDER SET ASIDE AND APPEAL ALLOWED
|
| 1918 |
|
|
STERLITE OPTICAL TECHNOLOGIES LTD.
|
|
|
PAID CONSIDERATION AMOUNT TO 8 NRI/FII/OCB SHAREHOLDERS VIZ.THE INDIA FUND, INC., METDIST INDIA HOLDINGS LIMITED, KRISHNA KUMAR RAJAMANI, LAL TOLANI, NAZIR GHULAMHUSAIN, SUURIN J. SHAH, ANUJA ROHIT WARIAWALLA ALIAS ANUJA KAUSHIK SHETH AND MERLYN LEE ON SEPTEMBER 04, 2002 I.E. AFTER A DELAY OF 40 DAYS AND TO SOCIETE GENERALE ON OCTOBER 3,2002 I.E. AFTER A DELAY OF 69 DAYS WHICH IS NOT WITHIN THE STIPULATED TIME LIMIT OF 30 DAYS FROM THE DATE OF CLOSURE OF OFFER
|
DIRECTED ACQUIRER TO PAY INTEREST FOR LOSS CAUSED TO SHAREHOLDERS
12-JUN-2003
|
SAT: IMPUGNED ORDER SET ASIDE AND APPEAL ALLOWED
|
| 1919 |
|
|
STHITHI INSURANCE SERVICES PVT.LTD.
(CIN:U66030TN2003PTC051201
PAN:AAKCS6316E)
|
|
|
|
RAMANUJAM SHESHARATHNAM
PAN:AERPR6301N
|
|
|
SUDARSHAN VENKATRAMAN
PAN:AWJPS4793B
|
|
MADE FALSE, INCORRECT AND MISLEADING DISCLOSURES ABOUT PRICE SENSITIVE INFORMATION TO STOCK EXCHANGES AND MEDIA IN MATTER OF ZYLOG SYSTEMS LTD.
ACQUIRED SHARES OF ZYLOG SYSTEMS LTD. BEYOND THRESHOLD LIMIT AS STIPULATED UNDER REGULATION 3(2) OF SEBI TAKEOVER CODE, 1997 WITHOUT MAKING OPEN OFFER
PROVIDED FUNDS TO PROMOTER ENTITY AND OTHERS FOR DEALING IN SHARES OF ZYLOG SYSTEMS LTD. VIOLATING SECTION 77(2) OF COMPANIES ACT, 1956
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 14-JUN-2021 TO 13-JUN-2023
DIRECTED ACQUIRER TO MAKE PUBLIC OFFER
DIRECTED ACQUIRER TO PAY INTEREST FOR LOSS CAUSED TO SHAREHOLDERS
PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 14-JUN-2021 TO 13-JUN-2023
13-JUN-2013
|
SEBI VIDE ITS ORDER DATED 30/07/2015 CONFIRMED ITS DIRECTIONS ISSUED VIDE ITS AD-INTERIM EX-PARTE ORDER DATED 13/06/2013
WHOLE TIME MEMBER SEBI VIDE ITS ORDER DATED 07/06/2016 DIRECTED SEBI TO INVESTIGATE THE ALLEGATIONS PERTAINING TO TAKEOVER REGULATIONS LEVELLED AGAINST MR.RAMANUJAM SESHARATHNAM, MR.SUDARSHAN VENKATARAMAN, MR.PARTHASARATHY SRIKANTH, MS.SRIPRIYA SRIKANTH & STHITHI INSURANCE SERVICES PVT.LTD. AND ALSO ADVISED TO EXPEDITIOUSLY COMPLETE THE INVESTIGATION. NOTICEES ARE ALSO DIRECTED TO CO-OPERATE WITH SEBI IN ON-GOING INVESTIGATION AND PROVIDE ALL INFORMATION AND DOCUMENTS THAT MAY BE SOUGHT BY SEBI IN THIS REGARD
SEBI VIDE ITS ORDER DATED 14/06/2021 DIRECTED TO A) MAKE PUBLIC OFFER WITHIN 45 DAYS OF DATE OF THIS ORDER, THROUGH A MERCHANT BANKER TO ACQUIRE SHARES OF THE COMPANY FROM PUBLIC SHAREHOLDERS B) PAY INTEREST @ 10% P.A. ALONG WITH OFFER PRICE FOR THE PERIOD STARTING FROM THE DATE WHEN BECAME LIABLE TO MAKE OPEN OFFER FOR THE FIRST TIME I.E. FROM 10/07/2012 TILL THE DATE OF PAYMENT OF CONSIDERATION C) DIRECTED BSE TO FACILITATE VALUATION OF SHARES TO BE PURCHASED D) RESTRAINED FROM ACCESSING SECURITIES MARKET INCLUDING BY ISSUING PROSPECTUS, OFFER DOCUMENT OR ADVERTISEMENT SOLICITING MONEY FROM PUBLIC AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER, FROM DATE OF THIS ORDER TILL EXPIRY OF TWO YEARS FROM DATE OF COMPLETION OF OPEN OFFER
|
| 1920 |
|
|
STONE INDIA LTD.
(CIN:L35201WB1931PLC006996
PAN:AAECS4155K)
(Along with : BOYDELL MEDIA PVT.LTD.,
ISG TRADERS LTD.,
SEWAND INVESTMENTS PVT.LTD.,
KAVITA MARKETING PVT.LTD.,
ORCHARD HOLDINGS PVT.LTD.,
SKYLARK RUBBER PRODUCTS LTD.,
NRC LTD.,
PALLMALL EDUSYSTEMS & MEDICARE SERVICES PVT.LTD.)
|
|
|
|
SHRIVARDHAN GOENKA
PAN:AECPG9331C
|
|
DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATION 11(2) READ WITH 14(1) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF ANDHRA CEMENT LTD.
|
IMPOSED PENALTY RS.85,00,000 ALONG WITH OTHER ENTITIES/PERSONS
31-JUL-2015
|
SAT: SAT VIDE ITS ORDER DATED 28/07/2017 IN LIGHT OF THE JUDGEMENT OF APEX COURT SET OUT THE PENALTY OF RS.85 LACS QUASHED AND SET ASIDED. NO COSTS
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 96 of 114
|
