sebi:WTM/AN/MIRSD/MIRSD-SEC-4/31596/2025-26
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Facts / Headnote
Certificate of registration suspended for a period of 3 months from the date of the order
Provisions invoked
- s. 19
- s. 12
Regulations
- Reg. 13
- Reg. 29
- Reg. 3
- Reg. 29(2)
- Reg. 30
- Reg. 30(2)
- Reg. 9
- Reg. 8
- Reg. 25
- Reg. 27
- Reg. 26
- Reg. 6
- Reg. 3(5)
- Reg. 9A
- Reg. 9A(1)
- Reg. 9A(1)(e)
- Reg. 28(2)
- Reg. 28A
- Reg. 28C(1)
- Reg. 28C
Parties
- Swaraj Shares and Securities Private Limited (SEBI Registration No. INM000012980)
Holding
The certificate of registration of Swaraj Shares and Securities Private Limited (INM000012980) is suspended for 3 months for failure to exercise due diligence in takeover transactions, investor-grievance, periodic-reporting, email-ID, PIT-SDD and SI-portal violations, and for creating false records.
Full text
Order in respect of Swaraj Shares and Securities Pvt. Ltd. Page 2 of 35 Regulation”) and applicable SEBI Circulars. The inspection was conducted for the period beginning March 28, 2023 to January 31, 2024 (hereinafter referred to as “inspection period”). These findings/ observations of the inspection were communicated to the Noticee by SEBI vide letter dated March 18, 2024 and the Noticee submitted its response to the observations vide email dated March 23, 2024.
Order in respect of Swaraj Shares and Securities Pvt. Ltd. Page 3 of 35 Report”) dated November 11, 2024 in terms of regulation 26 of the Intermediaries Regulations.
Order in respect of Swaraj Shares and Securities Pvt. Ltd. Page 4 of 35 directions as deemed fit should not be issued/imposed on it in terms of Intermediaries’ Regulations. The issued SCN enclosed therewith the Enquiry Report of the DA dated November 11, 2024 made with respect to the Noticee. Therefore, any reference in this Order to the allegations made in the SCN, must also be read to include the conclusions arrived at in the Enquiry Report.
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Source: SecMarx — sebi:WTM/AN/MIRSD/MIRSD-SEC-4/31596/2025-26. 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.