| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
ARYAMAN FINANCIAL SERVICES LTD.
(PAN:AABCA1376P)
|
|
|
DID NOT CONDUCT INDEPENDENT DUE DILIGENCE WITH RESPECT TO DISCLOSURES MADE IN LETTER OF OFFER REGARDING EDUCATIONAL QUALIFICATIONS OF ACQUIRERS
DID NOT UPDATE CODE OF CONDUCT ADOPTED UNDER SCHEDULE B AND SCHEDULE C OF SEBI (PIT) REGULATIONS, 2015
|
IMPOSED PENALTY RS.2,00,000
31-MAY-2024
|
|
| 2 |
|
|
BOFA SECURITIES INDIA LTD.
(PAN:AAACD0535G)
|
|
|
ALLEGED FAILURE IN MAINTAINING STRUCTURED DIGITAL DATABASE (SDD) VIOLATING REGULATIONS 2(1)(N), 3(5) AND 9A OF SEBI (PIT) REGULATIONS, 2015
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.58,50,000 VIDE CONSENT ORDER)
11-MAY-2026
|
|
| 3 |
|
|
EXPERT GLOBAL CONSULTANTS PVT.LTD.
(PAN:AABCF5715E)
|
|
|
DID NOT EXERCISE PROPER DUE DILIGENCE WHILE SUBMITTING CAPITAL BUILD-UP OF PROMOTER AND PROMOTER GROUP
MADE MISLEADING DISCLOSURES/STATEMENT ON WEBSITE
DID NOT DISPLAY INVESTOR CHARTER ON ITS WEBSITE
DID NOT HAVE VALID NCFM/NISM CERTIFICATE
DID NOT INTIMATE CHANGES IN DIRECTORS AND KEY MANAGERIAL PERSONNEL TO SEBI
DELAY IN FILING OF PERIODIC REPORTS TO SEBI
DID NOT ADOPT CODE OF CONDUCT, MAINTENANCE OF STRUCTURAL DIGITAL DATABASE (SDD) AND DESIGNATING ANY COMPLIANCE OFFICER TO MONITOR COMPLIANCES AS REQUIRED UNDER SEBI (PIT) REGULATIONS, 2015
|
PROHIBITED FROM TAKING ANY NEW ASSIGNMENT I.E.NEW CLIENTS AS A MERCHANT BANKER FROM 25-APR-2025 TO 24-OCT-2025
25-APR-2025
|
|
| 4 |
|
|
FINSHORE MANAGEMENT SERVICES LTD.
(PAN:AABCF8557F)
|
|
|
DID NOT ADHERE TO SEBI OBSERVATION LETTER DATED 11/01/2022 WITH RESPECT TO OPEN OFFER OF MEHAI TECHNOLOGY LTD. VIOLATING REGULATIONS 16(4) AND 27(5) OF SAST REGULATIONS, 2011
DID NOT ADHERE TO SEBI OBSERVATION LETTER DATED 11/01/2022 WITH RESPECT TO OPEN OFFER OF MEHAI TECHNOLOGY LTD. VIOLATING CLAUSES 6 AND 7 OF CODE OF CONDUCT UNDER SCHEDULE III READ WITH REGULATION 13 OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
DID NOT CLASSIFY TWO ENTITIES UNDER PROMOTER GROUP OF THE ISSUER, INDONG TEA CO.LTD. VIOLATING CLAUSES 4 AND 6 OF SCHEDULE III CODE OF CONDUCT READ WITH REGULATION 13 OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
DID NOT CLASSIFY TWO ENTITIES UNDER PROMOTER GROUP OF THE ISSUER, INDONG TEA CO.LTD. VIOLATING REGULATION 245(3) READ WITH SCHEDULE VI OF SEBI (ICDR) REGULATIONS, 2018
DID NOT UPLOAD INVESTOR CHARTER ON ITS WEBSITE
DID NOT CREATE AND UTILISE DEDICATED EMAIL ID FOR INVESTOR GRIEVANCES
USED PERSON-CENTRIC EMAIL IDS INSTEAD OF GENERAL EMAIL IDS FOR REGULATORY COMMUNICATIONS
DID NOT MAINTAIN LIST OF DESIGNATED PERSONS, STRUCTURED DIGITAL DATABASE AND DEFICIENCIES IN THE INTERNAL CONTROLS PUT IN PLACE BY MERCHANT BANKER VIOLATING REGULATIONS 3, 9, 9A AND SCHEDULE C OF SEBI (PIT) REGULATIONS, 2015
DID NOT MAKE DISCLOSURE OF INFORMATION IN REPLY TO PIQ WITH RESPECT TO ADMINISTRATIVE WARNINGS AND DEFICIENCY LETTERS PREVIOUSLY ISSUED BY SEBI
|
IMPOSED PENALTY RS.5,00,000
30-MAY-2024
|
|
| 5 |
|
|
ONEVIEW CORPORATE ADVISORS PVT.LTD.
(PAN:AAHCS5232N)
|
|
|
DID NOT MAINTAIN STRUCTURED DIGITAL DATABASE (SDD) CONTAINING NATURE OF UPSI AND NAMES OF SUCH PERSONS OR ENTITIES WITH WHOM UPSI WAS SHARED VIOLATING REGULATIONS 3(5) AND 9 READ WITH SCHEDULE C OF SEBI (PIT) REGULATIONS, 2015
DID NOT UPLOAD DISCLOSURE FOR INVESTOR COMPLAINTS ON ITS WEBSITE
DELAY IN UPLOADING DISCLOSURE OF INVESTOR COMPLAINTS ON ITS WEBSITE
AUTHORISED PERSONS DID NOT HAVE NISM CERTIFICATION
|
IMPOSED PENALTY RS.5,00,000
07-OCT-2025
|
|
| 6 |
|
|
SWARAJ SHARES & SECURITIES PVT.LTD.
(PAN:AAGCS8286D)
|
|
|
DID NOT MAKE DISCLOSURE TO SEBI AND/OR INVESTORS ABOUT SUBSISTING BSE RESTRAINT ORDER AGAINST G.D.TRADING & AGENCIES LTD. IN RELATION TO FIRST OPEN OFFER BY MS.IRA RAMESH MISHRA VIOLATING REGULATIONS 27(2), 27(3) AND 27(5) OF SAST REGULATIONS, 2011
MADE WRONG STATEMENT AND SUPPRESSED MATERIAL FACT IN DOCUMENTS FURNISHED TO SEBI VIOLATING REGULATION 13 READ WITH CLAUSES1, 3, 4, 6, 7 AND 20 OF SCHEDULE III OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
DID NOT ASSESS LEGAL VALIDITY AND REGULATORY PERMISSIBILITY OF TRIGGERING TRANSACTION VIOLATING REGULATION 13 READ WITH CLAUSES 1, 3, 4, 6, 7 AND 20 OF SCHEDULE III OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
DID NOT EXERCISE DUE DILIGENCE, ENSURE PROPER CARE, EXERCISE INDEPENDENT PROFESSIONAL JUDGMENT IN RESPECT OF DISCREPANCIES IN ADDENDUM TO RTA AGREEMENT VIOLATING REGULATION 13 READ WITH CLAUSE 4 OF SCHEDULE III OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
DID NOT ENSURE THAT OFFER DOCUMENT IN IPO OF SHOORA DESIGNS LTD. NOT CONTAIN FORWARD-LOOKING STATEMENTS INCAPABLE OF SUBSTANTIATION VIOLATING REGULATION 13 READ WITH CLAUSE 4 OF SCHEDULE III OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
DID NOT VERIFY CORRECTNESS AND ADEQUACY OF DISCLOSURES IN PROSPECTUS OF SHOORA DESIGNS LTD. RELATING TO BASIS OF ISSUE PRICE AND APPLICABLE KEY INDUSTRY REGULATIONS & POLICIES VIOLATING REGULATION 13 READ WITH CLAUSE 4 OF SCHEDULE III OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
DID NOT EXERCISE DUE DILIGENCE, ENSURE PROPER CARE, EXERCISE INDEPENDENT PROFESSIONAL JUDGMENT, SATISFY ITSELF AS TO GENUINENESS OF WORKING CAPITAL OBJECT & DISCREPANCIES IN UNDERWRITING AGREEMENT AND VERACITY & ADEQUACY OF DISCLOSURES MADE IN OFFER DOCUMENTS VIOLATING REGULATION 245(3) OF SEBI (ICDR) REGULATIONS, 2018
DID NOT ENSURE THAT OFFER DOCUMENT IN IPO OF SHOORA DESIGNS LTD. NOT CONTAIN FORWARD-LOOKING STATEMENTS INCAPABLE OF SUBSTANTIATION VIOLATING REGULATIONS 245(2)(B) AND 245(3) OF SEBI (ICDR) REGULATIONS, 2018
DID NOT VERIFY CORRECTNESS AND ADEQUACY OF DISCLOSURES IN PROSPECTUS OF SHOORA DESIGNS LTD. RELATING TO BASIS OF ISSUE PRICE AND APPLICABLE KEY INDUSTRY REGULATIONS & POLICIES VIOLATING REGULATION 245(3) OF SEBI (ICDR) REGULATIONS, 2018
DID NOT IMPLEMENT AND MAINTAIN STRUCTURED DIGITAL DATABASE, SEPARATE RESTRICTED LIST AND DOCUMENTS EVIDENCING PERIODIC REVIEW OF INTERNAL CONTROLS AND CHECKS VIOLATING REGULATIONS 3(4) AND 3(5) READ WITH SCHEDULE C AND REGULATION 9A OF SEBI (PIT) REGULATIONS, 2015
|
IMPOSED PENALTY RS.10,00,000
28-OCT-2026
|
|
| 7 |
|
|
SYSTEMATIX CORPORATE SERVICES LTD.
(PAN:AAGCS3420D)
|
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE IN MATTER OF IPO OF XYZ LTD. VIOLATING REGULATION 24(3) OF SEBI (ICDR) REGULATIONS, 2018
DID NOT EXERCISE DUE CARE AND DILIGENCE IN MATTER OF IPO OF XYZ LTD. VIOLATING REGULATION 13 READ WITH CLAUSE 4 OF SCHEDULE III OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
DELAY IN MAKING REQUISITE STATUS UPDATES IN SEBI INTERMEDIARY PORTAL VIOLATING REGULATION 9A(1)(F) OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992 AND SEBI CIRCULAR DATED 02/05/2017
DID NOT MAINTAIN STRUCTURED DIGITAL DATABASE FOR MERCHANT BANKING RELATED ACTIVITIES DURING INVESTIGATION PERIOD VIOLATING REGULATION 3(5) OF SEBI (PIT) REGULATIONS, 2015
|
IMPOSED PENALTY RS.7,00,000
28-JUN-2024
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
