It has come to notice that Amrit Projects Ltd (APL) violated public issue norms. The company had raised Rs. 2.57 crore from around 2200 investors through the issuance of deep discount bonds such as infra bonds and power bonds between 2007-08 and 2012-13. The capital market regulator, SEBI found that APL failed to list on … Read more
Rose Valley Chit Fund Case: Investors can approach the asset disposal committee for a refund Rose Valley Hotels and Entertainment Ltd. and its former directors are accused of allegedly cheating the public through a Ponzi scheme. Set up in 1999, the company had collected a huge sum of money from the public by offering fictitious … Read more
Speak Asia, a multi-level marketing company, owes more than Rs. 2000 crore to about 1 lakhs of its investors. Registered in Singapore, Speak Asia only had operations in India. The company came under the scanner of investigating authorities after it became popular for promising easy money by merely filling out online surveys. In a crackdown … Read more
Sai Prasad Corporation Ltd (SPCL) has been found to raise money through collective investment schemes (CIS) without complying with the securities market norms. The company has illegally collected Rs. 137.12 crores during FY 2012-13 and Rs. 478.35 crores during 2013-14 through its subsidiary without obtaining a certificate of registration from the Securities and Exchange Board … Read more
केंद्रीय जांच ब्यूरो (सीबीआई) ने साराधा घोटाले की जांच के तहत सिक्योरिटीज एंड एक्सचेंज बोर्ड ऑफ इंडिया (सेबी) के तीन वरिष्ठ अधिकारियों से पूछताछ की है। जांच एजेंसी के सूत्रों ने कहा कि सेबी के पूर्व कार्यकारी निदेशक (ईडी) केएन वैद्यनाथन और ईडीएस एसवी मुरलीधर राव और एस रविंद्रन की सेवा एसआरआईएल (सारधा रियल्टी) के … Read more
कोलकाता वियर इंडस्ट्रीज लिमिटेड मई 2009 में निगमित एक गैर-सूचीबद्ध सार्वजनिक कंपनी है। परगना दक्षिण, पश्चिम बंगाल में स्थापित, कंपनी खाद्य उत्पादों की वस्तुओं का निर्माण करती है और देश के कई राज्यों में चालू है। कंपनी पर करीब सवा लाख रुपये जुटाने का आरोप था। 2009 से 2011 के बीच एक लाख से अधिक … Read more
अप्रैल 2007 में निगमित, Icore E Services Ltd. सार्वजनिक कंपनी की श्रेणी में सूचीबद्ध है और इसे गैर-सरकारी के रूप में वर्गीकृत किया गया है। कंपनी। कंपनी ने कम से कम रु. 2007-2008 और 2010-2011 के बीच प्रतिभूतियों को जारी करने के माध्यम से 45 करोड़। प्रतिभूतियों को 49 से अधिक लोगों को जारी किया … Read more
This public notice provides an update on the payment status to investors/applicants of PACL Ltd. The Justice (Retd.) R. M. Lodha Committee had previously requested eligible investors to submit their original PACL certificates to receive payments. However, considering the difficulties faced by investors in submitting the original certificates, the Committee has decided to make payments … Read more
SEBI has asked for information related to GCA Marketing properties for a refund GCA Marketing Private Limited is a chit-fund company that used to solicit money from investors in a form of single, monthly, and yearly plans and leased out plants with an assured buyback. As per the Punjab Agricultural Produce Markets Act, the company … Read more
Samruddha Jeevan Foods India Limited is an unlisted company that was involved in collecting deposits from the general public without obtaining requisite mandatory approvals. The company was running Collective Investment Scheme (CIS) without complying with the SEBI Regulation, 1999, and raised over Rs.300 crore. Samruddha Jeevan was raising money from the general public to carry … Read more
Sahara India Pariwar Overview Information Details Company Name Subrata Roy Sahara Conglomerate Founder Subrata Roy Sahara Headquarters Lucknow, Uttar Pradesh, India Business Model Sub-sectors include finance, entertainment, infrastructure, healthcare, insurance, retail, education (edunguru), electrical vehicles (Sahara evols), AI, etc. Sponsorship Owned and sponsored many sports teams, including Indian National Cricket Team and Indian National Hockey … Read more
रामेल इंडस्ट्रीज लिमिटेड ने वैकल्पिक रूप से पूरी तरह से परिवर्तनीय डिबेंचर (ओएफसीडी) जारी करके जनता से धन जुटाया था और भारतीय प्रतिभूति और विनिमय बोर्ड (सेबी) के साथ इसके संबंध में कोई प्रॉस्पेक्टस दाखिल नहीं किया था। कंपनी पर कथित तौर पर करीब रुपये की याचना करने का आरोप लगाया गया था। 2009 और … Read more
Citrus Check Inns Limited is actually a new face of Royal Twinkle Star Club, infamous for selling holiday packages on a monthly installment basis and promising huge returns on investments. SEBI had also received complaints against Citrus from several investors claiming that the directors of Royal Twinkle Star Club Ltd. were operating a Collective Investment … Read more
Weird Infrastructure Corporation limited is a real estate and renting company incorporated in June 2010. Based in Lucknow, the company had raised over Rs. 16 crores from investors via issuance of non-convertible debentures (NCDs) without complying with the public issue norms stipulated under the Companies Act 1956. In 2015, the Securities and Exchange Board of India … Read more
Micro Finance Limited, a company based in Odisha had raised over Rs. 88 crores through the issuance of cumulative convertible preference shares (CCPS) to more than 1.21 lakh investors from 2005-06 to 2012-13. Securities and Exchange Board of India directs Micro Finance’s former directors and promoters to refund investors’ money that the company had raised … Read more
The Justice (Retd.) R. M. Lodha Committee (in the matter of PACL Ltd.) (the “Committee”) vide public notices dated March 27, 2022 and April 12, 2022 had called for original PACL Registration Certificates from eligible investors with claims between Rs. 10,001/- and Rs. 15,000/- who receive SMS from the Committee requiring submission of the same. … Read more
Alchemist Township India Limited: An overview A non-govt company, incorporated with the Ministry of Corporate Affairs (MCA) on the 4th of July 2006, is a public unlisted company classified as a ‘company limited by shares’ [a company that issues shares to the public]. The maximum amount of share capital that Alchemist Township is allowed to … Read more
As per SEBI’s investigation, Weird Industries had mobilized Rs. 3.45 crore through the issuance of redeemable preference shares to around 2000 individuals in 2008-2009 and 2009-2010. Apart from this, the company had also mobilized Rs. 14 crores through issuing non-convertible debentures (NCDs) in 2010 and 2011. Since the shares were issued by the company to … Read more
पिनकॉन स्पिरिट चिट फंड मामला: समिति ने निवेशकों से धनवापसी प्रक्रिया शुरू करने के लिए आवश्यक दस्तावेज प्रस्तुत करने का अनुरोध किया है 1978 में स्थापित, पिनकॉन स्पिरिट लिमिटेड पश्चिम बंगाल की एक कंपनी है, जो शराब बनाती है। यह ध्यान में आया है कि अप्रैल 2012 से मार्च 2015 तक, पिनकॉन स्पिरिट ने 4,256 … Read more
Basil International Ltd. (BIL) – Current Status & Information regarding Refund Process Basil International Ltd (BIL) is a Kolkata-based company that was illegally involved in raising funds through the issuance of redeemable preference shares (RPS) to investors without complying with the regulatory norms of the Companies Act, 1956. The company is accused of cheating depositors … Read more
सेबी ने अल्केमिस्ट इंफ्रा रियल्टी लिमिटेड को ‘सामूहिक निवेश योजनाओं’ पर एक नई कार्रवाई के तहत, ऐसी सभी गतिविधियों को रोकने और सार्वजनिक निवेशकों से प्राप्त धन की प्रतिपूर्ति करने का आदेश दिया है, जो तीन महीने के भीतर 1,000 करोड़ रुपये से अधिक हो सकता है। राज्य के जिन लोगों ने विभिन्न योजनाओं के … Read more
SEBI directed Prayag Group of Companies to Return Investors’ Money Prayag Group of companies is one of the old companies that were involved in running the Ponzi scheme in the eastern region of the country. Prayag Infotech Hi-Rise (PIHL) had made an offer of redeemable preference shares (RPS) between 2007-2008 and 2011-2012 and mobilized at … Read more
In December 2015, the capital market regulator found that Greentouch Projects have illegally raised funds through the issuance of non-convertible redeemable debentures (NCDs) to about 20,549 individuals without complying with public issue norms stated under SEBI’s Issue and Listing of Debt Securities and the Companies Act 1956. Since the shares were issued by the company … Read more
Pancard Club Limited (PCL) is a Mumbai-based company that became operational in 1990. PCL owns and runs a big hotel chain and engages in activities such as the development and maintenance of clubs, hotels, and resorts. Despite delivering on its promises for more than a decade, Pancard Club was under the scanner for soliciting money … Read more
Scheme Kalyana Laxmi Scheme Assistance Rs 1,00,116/- on time Under State Government of Telangana Category Marriage assistance Status Kalyana laxmi pathakam status 2022 Official portal telanganaepass.cgg.gov.in Amount status TS Kalyana Lakshmi Amount Status 2022 Beneficiaries EWS families from SC/ST/BC/EBC category Kalyana Laxmi scheme is basically a welfare scheme by the Telangana government, mostly for poverty-ridden … Read more
Incorporated in April 2007, Icore E Services Ltd. is listed in the class of public company and is classified as Non-Govt. Company. The company had raised at least Rs. 45 crore through the issuance of securities between 2007-2008 and 2010-2011. The securities were issued to more than 49 people, which required compulsory listing on a … Read more