sebi:QJA/MN/CFID/CFID-SEC6/32159/2025-26
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Adjudicating authority found violations and imposed penalties on Noticees 1-4
Provisions invoked
- s. 11
- s. 15A
- s. 19
- s. 11B
- s. 12A
- s. 11(2)
- s. 15H
- s. 27
- s. 15J
- s. 11C(3)
- s. 11C
- s. 15F
- s. 11C(2)
- s. 21
- s. 23H
- s. 11C(5)
- s. 2(51)
- s. 465
- s. 2(54)
- s. 207
Regulations
- Reg. 3
- Reg. 4
- Reg. 4(1)
- Reg. 3(b)
- Reg. 18
- Reg. 15H
- Reg. 4(1)(a)
- Reg. 33
- Reg. 48
- Reg. 18(3)
- Reg. 33(1)
- Reg. 17(8)
Parties
- M/s. Mediaone Global Entertainment Ltd. (PAN: AAACR0405M)
- Mr. Suryaraj Kumar (PAN: AAFPK9296D)
- Mr. J Murali Manohar (PAN: ATTPM0621R)
- Mr. K Sai Prasad (PAN: AAJPS6517M)
- Mr. M. Srinivas Kumar (CFO)
- Ms. Saraswathy Gopalan
- Mr. Jayabalan Muralimanohar
Holding
MGEL and its key managerial personnel were found to have diverted company funds, manipulated books of accounts through fictitious revenue and purchases, made misleading disclosures, failed to pay declared dividends, and obstructed SEBI's investigation, in violation of Section 12A of the SEBI Act and PFUTP Regulations. Penalties totaling ₹79,00,000 were imposed on Noticees 1-4, and Noticee 1 was directed to transfer ₹6,17,73,168 to the IEPF.
Full text
______________________________________________________________________________________ Order in the matter of Mediaone Global Entertainment Ltd. Page 2 of 131
______________________________________________________________________________________ Order in the matter of Mediaone Global Entertainment Ltd. Page 3 of 131
______________________________________________________________________________________ Order in the matter of Mediaone Global Entertainment Ltd. Page 4 of 131
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:QJA/MN/CFID/CFID-SEC6/32159/2025-26. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.