| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
B.RAMA RAJU
(PAN:ACEPB2813Q)
|
|
|
|
SATYAM COMPUTER SERVICES LTD.
|
|
PROVIDED UNTRUE STATEMENT OF ACCOUNTS IN MATTER OF SATYAM COMPUTER SERVICES LTD.
|
INITIATED ENQUIRY PROCEEDINGS
07-JAN-2009
|
DIRECTED THAT 1) SEBI SHALL PROVIDE INSPECTION OF DOCUMENTS RELIED UPON IN SHOW CAUSE NOTICES (SCNS) TO REPRESENTATIVES OF NOTICEES AT 11 A.M. IN SEBI OFFICE AT MUMBAI. 2) NOTICEES SHALL SUBMIT REPLIES ON MERITS TO SCNS BY 31/10/2009. 3) PERSONAL HEARING WITH REGARD TO SCNS SHALL BE HELD ON 7/11/2009 IN SEBI OFFICE AT MUMBAI VIDE ORDER DATED 10/10/2009
|
| 2 |
|
|
B.RAMALINGA RAJU
(PAN:ACVPB8311J)
|
|
|
|
SATYAM COMPUTER SERVICES LTD.
|
|
PROVIDED UNTRUE STATEMENT OF ACCOUNTS IN MATTER OF SATYAM COMPUTER SERVICES LTD.
|
INITIATED ENQUIRY PROCEEDINGS
07-JAN-2009
|
|
| 3 |
|
|
G.RAMAKRISHNA
(PAN:ACAPG1654L)
|
|
|
|
SATYAM COMPUTER SERVICES LTD.
|
|
PROVIDED UNTRUE STATEMENT OF ACCOUNTS IN MATTER OF SATYAM COMPUTER SERVICES LTD.
|
INITIATED ENQUIRY PROCEEDINGS
07-JAN-2009
|
DIRECTED THAT 1) SEBI SHALL PROVIDE INSPECTION OF DOCUMENTS RELIED UPON IN SHOW CAUSE NOTICES (SCNS) TO REPRESENTATIVES OF NOTICEES AT 11 A.M. IN SEBI OFFICE AT MUMBAI. 2) NOTICEES SHALL SUBMIT REPLIES ON MERITS TO SCNS BY 31/10/2009. 3) PERSONAL HEARING WITH REGARD TO SCNS SHALL BE HELD ON 7/11/2009 IN SEBI OFFICE AT MUMBAI VIDE ORDER DATED 10/10/2009
|
| 4 |
|
|
HARISH KIRITBHAI SHETH
(PAN:AAJPS0670D)
|
|
|
|
SETCO AUTO SYSTEMS PVT.LTD.
PAN:AADCT6512A
|
|
|
SETCO AUTOMOTIVE LTD.
PAN:AAACG7777K
|
|
INDULGED IN DIVERSION OF FUNDS/ASSETS TO PROMOTER ENTITIES THROUGH A SCHEME OF MARKETING/ LIAISONING SERVICE COMMISSION VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 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 SETCO AUTOMOTIVE LTD.
MISREPRESENTED FINANCIAL STATEMENTS VIOLATING 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(6), 4(2)(F)(II)(7), 4(2)(F)(III)(1), 4(2)(F)(III)(3), 4(2)(F)(III)(5), 4(2)(F)(III)(6), 4(2)(F)(III)(7), 17(8) AND REGULATIONS 4(1), 4(2)(E), 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 SETCO AUTOMOTIVE LTD.
|
DIRECTED TO ACT IN BONA FIDE MANNER WITHOUT HARMING INTERESTS OF INVESTORS
DIRECTED TO PAY JOINTLY AND SEVERALLY TO SETCO AUTOMOTIVE LTD. RS.81.96 CRORE INVESTED IN SETCO ENGINEERING PVT.LTD. ALONG WITH INTEREST@ 12% P.A. FROM DATE OF INVESTMENT
DIRECTED TO PAY JOINTLY AND SEVERALLY TO SETCO AUTO SYSTEMS PVT.LTD. RS.107.76 CRORE RECEIVED AS MARKETING COMMISSION BY SETCO ENGINEERING PVT.LTD. ALONG WITH INTEREST@ 23% P.A. FROM DATE OF PAYMENT OF COMMISSION
DIRECTED TO PAY JOINTLY AND SEVERALLY TO SETCO AUTO SYSTEMS PVT.LTD. RS.13.07 CRORE INVESTED IN NCCRPS OF SETCO ENGINEERING PVT.LTD. ALONG WITH INTEREST@ 23% P.A. FROM DATE OF INVESTMENT
DIRECTED TO PAY JOINTLY AND SEVERALLY PAY TO SETCO AUTO SYSTEMS PVT.LTD. RS.5.98 CRORE INVESTED IN NCCRPS OF TRANSSTADIA TECHNOLOGIES PVT.LTD. ALONG WITH INTEREST@ 23% P.A. FROM DATE OF INVESTMENT
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 05-FEB-2026 TO 04-FEB-2028
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 05-FEB-2026 TO 04-FEB-2028
IMPOSED PENALTY RS.11,00,000
05-FEB-2026
|
|
| 5 |
|
|
UDIT HARISHKUMAR SHETH
(PAN:ADQPS5292M)
|
|
|
|
SETCO AUTO SYSTEMS PVT.LTD.
PAN:AADCT6512A
|
|
|
SETCO AUTOMOTIVE LTD.
PAN:AAACG7777K
|
|
INDULGED IN DIVERSION OF FUNDS/ASSETS TO PROMOTER ENTITIES THROUGH A SCHEME OF MARKETING/ LIAISONING SERVICE COMMISSION VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 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 SETCO AUTOMOTIVE LTD.
MISREPRESENTED FINANCIAL STATEMENTS VIOLATING 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(6), 4(2)(F)(II)(7), 4(2)(F)(III)(1), 4(2)(F)(III)(3), 4(2)(F)(III)(5), 4(2)(F)(III)(6), 4(2)(F)(III)(7), 17(8) AND REGULATIONS 4(1), 4(2)(E), 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 SETCO AUTOMOTIVE LTD.
|
DIRECTED TO ACT IN BONA FIDE MANNER WITHOUT HARMING INTERESTS OF INVESTORS
DIRECTED TO PAY JOINTLY AND SEVERALLY TO SETCO AUTOMOTIVE LTD. RS.81.96 CRORE INVESTED IN SETCO ENGINEERING PVT.LTD. ALONG WITH INTEREST@ 12% P.A. FROM DATE OF INVESTMENT
DIRECTED TO PAY JOINTLY AND SEVERALLY TO SETCO AUTO SYSTEMS PVT.LTD. RS.107.76 CRORE RECEIVED AS MARKETING COMMISSION BY SETCO ENGINEERING PVT.LTD. ALONG WITH INTEREST@ 23% P.A. FROM DATE OF PAYMENT OF COMMISSION
DIRECTED TO PAY JOINTLY AND SEVERALLY TO SETCO AUTO SYSTEMS PVT.LTD. RS.13.07 CRORE INVESTED IN NCCRPS OF SETCO ENGINEERING PVT.LTD. ALONG WITH INTEREST@ 23% P.A. FROM DATE OF INVESTMENT
DIRECTED TO PAY JOINTLY AND SEVERALLY PAY TO SETCO AUTO SYSTEMS PVT.LTD. RS.5.98 CRORE INVESTED IN NCCRPS OF TRANSSTADIA TECHNOLOGIES PVT.LTD. ALONG WITH INTEREST@ 23% P.A. FROM DATE OF INVESTMENT
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 05-FEB-2026 TO 04-FEB-2028
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 05-FEB-2026 TO 04-FEB-2028
IMPOSED PENALTY RS.6,00,000
05-FEB-2026
|
|
| 6 |
|
|
VADLAMANI SRINIVASU
(PAN:ABEPV4019P)
|
|
|
|
SATYAM COMPUTER SERVICES LTD.
|
|
PROVIDED UNTRUE STATEMENT OF ACCOUNTS IN MATTER OF SATYAM COMPUTER SERVICES LTD.
|
INITIATED ENQUIRY PROCEEDINGS
07-JAN-2009
|
DIRECTED THAT 1) SEBI SHALL PROVIDE INSPECTION OF DOCUMENTS RELIED UPON IN SHOW CAUSE NOTICES (SCNS) TO REPRESENTATIVES OF NOTICEES AT 11 A.M. IN SEBI OFFICE AT MUMBAI. 2) NOTICEES SHALL SUBMIT REPLIES ON MERITS TO SCNS BY 31/10/2009. 3) PERSONAL HEARING WITH REGARD TO SCNS SHALL BE HELD ON 7/11/2009 IN SEBI OFFICE AT MUMBAI VIDE ORDER DATED 10/10/2009
|
| 7 |
|
|
VANTIMITTA SURYANARAYANA PRABHAKARA GUPTA
(PAN:AEAPP2815G)
|
|
|
|
SATYAM COMPUTER SERVICES LTD.
|
|
PROVIDED UNTRUE STATEMENT OF ACCOUNTS IN MATTER OF SATYAM COMPUTER SERVICES LTD.
|
INITIATED ENQUIRY PROCEEDINGS
07-JAN-2009
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
