| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
AMIT KHERA
(PAN:ADIPK2718E)
|
|
|
|
ONE 97 COMMUNICATIONS LTD.
PAN:AAACO4007A
|
|
ALLEGED SIGN OFFER DOCUMENTS CONTAINING INCORRECT STATEMENT AND INCOMPLETE DISCLOSURES W.R.T. COMPANY BEING PROFESSIONALLY MANAGED COMPANY HAVING NO IDENTIFIABLE PROMOTER WHEREAS COMPANY HAVING PROMOTER I.E. MR.VIJAY SHEKHAR SHARMA VIOLATING REGULATIONS 245(1) AND 245(2) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF ONE97 COMMUNICATIONS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.11,05,000 VIDE CONSENT ORDER)
17-JAN-2025
|
|
| 2 |
|
|
CHHABI LAL PRASAD
(PAN:AKQPP7001C)
|
|
|
ALLEGED BREACH OF LOCK-IN REQUIREMENT OF EQUITY SHARES VIOLATING REGULATION 78(6) OF SEBI (ICDR) REGULATIONS, 2009 READ WITH REGULATION 301(2)(A) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF JHS SVENDGAARD LABORATORIES LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.7,80,000 VIDE CONSENT ORDER)
02-AUG-2019
|
|
| 3 |
|
|
DOUGLAS FEAGIN
|
|
|
|
ONE 97 COMMUNICATIONS LTD.
PAN:AAACO4007A
|
|
ALLEGED SIGN OFFER DOCUMENTS CONTAINING INCORRECT STATEMENT AND INCOMPLETE DISCLOSURES W.R.T. COMPANY BEING PROFESSIONALLY MANAGED COMPANY HAVING NO IDENTIFIABLE PROMOTER WHEREAS COMPANY HAVING PROMOTER I.E. MR.VIJAY SHEKHAR SHARMA VIOLATING REGULATIONS 245(1) AND 245(2) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF ONE97 COMMUNICATIONS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.42,90,000 VIDE CONSENT ORDER)
17-JAN-2025
|
|
| 4 |
|
|
MARK SCHWARTZ
|
|
|
|
ONE 97 COMMUNICATIONS LTD.
PAN:AAACO4007A
|
|
ALLEGED SIGN OFFER DOCUMENTS CONTAINING INCORRECT STATEMENT AND INCOMPLETE DISCLOSURES W.R.T. COMPANY BEING PROFESSIONALLY MANAGED COMPANY HAVING NO IDENTIFIABLE PROMOTER WHEREAS COMPANY HAVING PROMOTER I.E. MR.VIJAY SHEKHAR SHARMA VIOLATING REGULATIONS 245(1) AND 245(2) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF ONE97 COMMUNICATIONS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.42,90,000 VIDE CONSENT ORDER)
17-JAN-2025
|
|
| 5 |
|
|
MOHAN KRISHNAN ABROL
(PAN:AAKPA3143N)
|
|
|
|
QUADRANT FUTURE TEK LTD.
CIN:U74999PB2015PLC039758
PAN:AAACQ3957B
|
|
ALLEGED DELAY IN MAKING DISCLOSURE OF TRANSFER OF SHARES TO STOCK EXCHANGES AS REQUIRED UNDER REGULATION 54 OF SEBI (ICDR) REGULATIONS, 2018
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.3,00,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
01-APR-2025
|
|
| 6 |
|
|
MUNISH VARMA
(PAN:AAGPV7557F)
|
|
|
|
ONE 97 COMMUNICATIONS LTD.
PAN:AAACO4007A
|
|
ALLEGED SIGN OFFER DOCUMENTS CONTAINING INCORRECT STATEMENT AND INCOMPLETE DISCLOSURES W.R.T. COMPANY BEING PROFESSIONALLY MANAGED COMPANY HAVING NO IDENTIFIABLE PROMOTER WHEREAS COMPANY HAVING PROMOTER I.E. MR.VIJAY SHEKHAR SHARMA VIOLATING REGULATIONS 245(1) AND 245(2) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF ONE97 COMMUNICATIONS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.42,90,000 VIDE CONSENT ORDER)
17-JAN-2025
|
|
| 7 |
|
|
NEERAJ ARORA
(PAN:AJNPA3852A)
|
|
|
|
ONE 97 COMMUNICATIONS LTD.
PAN:AAACO4007A
|
|
ALLEGED FAILURE IN DISCHARGING DUTIES WITH UNBIASED AND INDEPENDENT APPROACH WHILE DECISION-MAKING W.R.T. MATTERS INVOLVING BENEFITS TO MR.VIJAY SHEKHAR SHARMA (MD & CEO, PAYTM) AND HIS RELATIVES VIOLATING REGULATION 4(2) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ONE97 COMMUNICATIONS LTD.
ALLEGED INDULGENCE IN APPROVAL AND SIGNING OFFER DOCUMENTS BY DIRECTORS CONTAINING INCORRECT STATEMENTS AND INCOMPLETE DISCLOSURES VIOLATING REGULATIONS 245(1) AND 245(2) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF ONE97 COMMUNICATIONS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.53,62,500 VIDE CONSENT ORDER)
17-JAN-2025
|
|
| 8 |
|
|
PALLAVI SHARDUL SHROFF
(PAN:AQPPS7388Q)
|
|
|
|
ONE 97 COMMUNICATIONS LTD.
PAN:AAACO4007A
|
|
ALLEGED SIGN OFFER DOCUMENTS CONTAINING INCORRECT STATEMENT AND INCOMPLETE DISCLOSURES W.R.T. COMPANY BEING PROFESSIONALLY MANAGED COMPANY HAVING NO IDENTIFIABLE PROMOTER WHEREAS COMPANY HAVING PROMOTER I.E. MR.VIJAY SHEKHAR SHARMA VIOLATING REGULATIONS 245(1) AND 245(2) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF ONE97 COMMUNICATIONS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.42,90,000 VIDE CONSENT ORDER)
17-JAN-2025
|
|
| 9 |
|
|
RAJINDER MITTAL
(PAN:AARPM9226F)
|
|
|
|
BCL INDUSTRIES LTD.
CIN:AAACB5510B
PAN:AAACB5510B
|
|
ALLEGED FAILURE TO DISCLOSE MANOJ FINVEST PVT.LTD. AS PART OF PROMOTER GROUP VIOLATING REGULATION 31(4) OF SEBI (LODR) REGULATIONS, 2015 READ WITH REGULATIONS 2(1)(PP)(IV)(B) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF BCL INDUSTRIES LTD.
ALLEGED FAILURE TO COVER MANOJ FINVEST PVT.LTD. UNDER CODE OF CONDUCT OF BCL INDUSTRIES LTD. TO REGULATE, MONITOR AND REPORT TRADING BY DESIGNATED PERSONS AND IMMEDIATE RELATIVES OF DESIGNATED PERSONS VIOLATING REGULATION 9(4) OF SEBI (PIT) REGULATIONS, 2015 IN MATTER OF BCL INDUSTRIES LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.28,60,000 VIDE CONSENT ORDER)
06-MAR-2025
|
|
| 10 |
|
|
RAVI CHANDRA ADUSUMALLI
(PAN:AIHPA6082D)
|
|
|
|
ONE 97 COMMUNICATIONS LTD.
PAN:AAACO4007A
|
|
ALLEGED FAILURE IN DISCHARGING DUTIES WITH UNBIASED AND INDEPENDENT APPROACH WHILE DECISION-MAKING W.R.T. MATTERS INVOLVING BENEFITS TO MR.VIJAY SHEKHAR SHARMA (MD & CEO, PAYTM) AND HIS RELATIVES VIOLATING REGULATION 4(2) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ONE97 COMMUNICATIONS LTD.
ALLEGED INDULGENCE IN APPROVAL AND SIGNING OFFER DOCUMENTS BY DIRECTORS CONTAINING INCORRECT STATEMENTS AND INCOMPLETE DISCLOSURES VIOLATING REGULATIONS 245(1) AND 245(2) OF SEBI (ICDR) REGULATIONS, 2018 IN MATTER OF ONE97 COMMUNICATIONS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.42,90,000 VIDE CONSENT ORDER)
17-JAN-2025
|
|
| 11 |
|
|
VIJAY SHEKHAR SHARMA
(PAN:AOAPS4075F)
|
|
|
|
ONE 97 COMMUNICATIONS LTD.
PAN:AAACO4007A
|
|
ALLEGED VIOLATION OF REGULATION REGULATION 2(1)(I)(III) OF SEBI (SBEB) REGULATIONS, 2021 IN MATTER OF EMPLOYEES STOCK OPTIONS (ESOPS) OF ONE97 COMMUNICATIONS LTD.
ALLEGED VIOLATION OF REGULATIONS 245(1) AND 245(2) OF SEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018 IN MATTER OF GRANTING OF EMPLOYEES STOCK OPTIONS (ESOPS) OF ONE97 COMMUNICATIONS LTD.
ALLEGED VIOLATION OF REGULATION 2(1)(OO) OF SEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018 IN MATTER OF GRANTING OF EMPLOYEES STOCK OPTIONS (ESOPS) OF ONE97 COMMUNICATIONS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,11,15,000 VIDE CONSENT ORDER)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED TO CANCEL 2,10,00,000 ESOPS GRANTED/VESTED AND NON-EXERCISED)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY TO BE PROHIBITED FROM ACCEPTING ANY FRESH ESOPS FROM ANY LISTED COMPANY) FROM 08-MAY-2025 TO 07-MAY-2028
08-MAY-2025
|
|
| 12 |
|
|
VIVEK ABROL
(DIN:01381395
PAN:AAKPA3146K)
|
|
|
|
QUADRANT FUTURE TEK LTD.
CIN:U74999PB2015PLC039758
PAN:AAACQ3957B
|
|
ALLEGED DELAY IN MAKING DISCLOSURE OF TRANSFER OF SHARES TO STOCK EXCHANGES AS REQUIRED UNDER REGULATION 54 OF SEBI (ICDR) REGULATIONS, 2018
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.3,00,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
01-APR-2025
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
