It has levied a fine of Rs 5 lakh on Omkar Overseas, besides, a collective fine of Rs 5 lakh on its then CMD Champalal Gopiram Agarwal.
Sebi agreed to settle proposed adjudication proceedings in the case, for alleged delay in compliance of of SAST as well as PIT.
According to the exchange, shares of these companies would cease to be listed and therefore not be available for trading on the platform of the exchange.
A senior official confirmed to Moneycontrol that the Mumbai Registrar of Companies (RoC) will inspect Jet’s books of accounts.
The greenback was flat on Monday after slipping about 0.6 percent on Friday, as investors exited the safe-haven currency.
Brent crude futures, which act as a benchmark for international oil prices, were at $71.59 per barrel at 0413 GMT, down 24 cents, or 0.3 percent, from their last close.
Trading window for dealing in the securities of the company will be closed for staff from August 20, 2018
The Indian currency collapsed to a historic intra-day trading low of 70.40 before closing at fresh life-time low of 70.15 per dollar on Thursday
The companies are Winsome Diamonds and Jewellery, KGN Industries, HealthFore Technologies, KGN Enterprises, Shri Krishna Prasadam and Layla Textile and Traders.
An emerging-market selloff has picked up pace over the last week as concerns about Turkey and others have compounded longer-term worries about a global trade war, a strong dollar and rising borrowing and energy costs.
In an order, Sebi said it has imposed a fine of Rs 6 lakh Obul Reddy Puppala who was director and promoter of the Covidh Technologies, previously known as Aptus Industries Ltd at the time of investigation.
Besides, the Securities and Exchange Board of India (Sebi) has made ASBA (Application Supported by Blocked Amount) mandatory for all the investors.
The rupee has fallen more than 9 percent year-to-date and around 2 percent in August
A sharp drop in pledged promoter holdings was seen in NCL Industries, which fell 40 percent
The rupee's fall is technical in nature and should be viewed in accordance with happenings across the globe.
A decisive trade above 11,500 may induce rally towards 11,600. Whereas, consecutive failure in moving above 11,500 may push the index lower towards 11,300.
Tightening of the disclosure norms is aimed at helping banks to recognise their stressed assets as non-performing.
The exchange shall be launching the liquidity enhancement scheme on monthly single stock options and index options of equity derivative segment with effect from September 1, 2018.
Volatility has thus become the flavor in recent months as oil markets reacted to increased supply from the OPEC, Russia and the US.
Apart from the traditions investment options, experts are of the view that equities alone can get you the financial independence.
As a result, there will be no trading in the equity market. Along with it, all wholesale commodity markets, including those of metals and bullion, are closed.
Sebi imposed a fine of Rs 12 lakh on Acclaim Industries, its director and CEO which they have to pay 'severally and jointly'. Additionally, a penalty of Rs 5 lakh was imposed on the company, according to a Sebi order.
The ruling follows an investigation by the Securities and Exchange Board of India (Sebi) in the share trading of Omkar Overseas for the period from October 2009 to April 2010.
Through an interim order passed in March 2016, Sebi had directed the clients of Sharepro to conduct a thorough audit of the records and systems of the RTA.
Besides, Primrose in an off-market transaction transferred shares to Vaid and he created a misleading appearance of increased trading in the shares of KTIL.Vaid also manipulated the price by trading in the shares of the firm in a manner leading to new high price daily, Sebi said.