SEBI cautions investors not to invest in schemes offered by entities barred by SEBI from raising money

It has been observed that certain entities collect / mobilize money under existing / new schemes even after SEBI has directed such entities not to collect any further money, not to launch any new schemes, etc. These companies / entities without obtaining registration are illegally collecting / mobilising moneyfrom investors by making false promises, assuring unrealistic return, etc.

Wherever SEBI has found schemes offered by these entities, to be in the nature of Collective Investment Schemes (CIS), appropriate actions have been taken against the entity/ies and its Directors. In this regard, since January 01, 2011, SEBI has passed orders against 51 entities and its Directors, carrying on unregistered CIS. As part of interim directions, SEBI directs the entities and its Directors to stop collecting further money under existing / new schemes, not to launch any new scheme or float any new companies/firm to raise fresh money, not to divert or alienate any assets or money collected etc., and through final directions SEBI debars the company and its Directors from accessing the Capital markets, etc. List of the Companies against whom orders have been passed by SEBI is given below with this press release. The orders are also available on SEBI website at www.sebi.gov.in

Investors and general public are hereby cautioned that other than “GIFT Collective Investment Management Company Limited” no other entity is registered with SEBI under the CIS Regulations. If any of the following entities are found to be collecting / mobilising money, investors are advised not to subscribe to such schemes and to report the same to SEBI, State authorities including Police authorities immediately, along with appropriate details / documents.

S.N.

Case Name

Date of SEBI Order

1

Sun-plant Agro Ltd

03-05-2011

2

NGHI Developers India Limited

06-11-2012

3

MPS Greenery Developers Limited

06-12-2012

4

Nicer Green Forest Ltd

12-03-2013

5

Maitreya Services Pvt. Ltd

25-03-2013

6

Osian’s Connoissurers of Art Ltd

15-04-2013

7

Saradha Realty India Ltd

23-04-2013

8

Ken Infratech Ltd

18-06-2013

9

Alchemist Infra Realty Ltd

21-06-2013

10

Sumangal Industries Ltd

09-07-2013

11

HBN Dairies & Allied Ltd

12-07-2013

12

Sai Prasad Foods Ltd.

17-07-2013

13

Sai Prasad Properties Ltd

17-07-2013

14

Maitreya Plotters & Structures Pvt. Ltd

30-08-2013

15

MVL Limited

26-09-2013

16

Samruddha Jeevan Foods India Ltd

31-10-2013

17

Servehit Housing & Infrastructure  India Ltd

31-10-2013

18

Orient Resorts (India) Pvt. Ltd

26-11-2013

19

Kim Infrastructure & Developers  Ltd

05-12-2013

20

Green  Ray International Limited

03-02-2014

21

Royal Twinkle Star Club Ltd.

07-03-2014

22

Ecogreen Realestate (India) Limited

26-03-2014

23

Peers Allied Corportaion Ltd

23-04-2014

24

Green Buds Agro Farm I Ltd

16-05-2014

25

M/s. KBCL India Ltd

26-05-2014

26

Adel Landmarks Ltd (Era Landmarks Ltd)

05-06-2014

27

JSR Dairies Ltd

05-06-2014

28

Nikhara Bharath Construction Company Ltd.

12-06-2014

29

Haldhar Realty and Enterprises Ltd

17-06-2014

30

Rose Valley Real Estate & Constructions Ltd.

18-06-2014

31

Beetal Livestocks & Farms (Pvt) Ltd

25-06-2014

32

Ramel Industries Ltd

11-07-2014

33

Remac Realty India Ltd

15-07-2014

34

Sunshine Agro Global Ltd (Sunshine Forestry Pvt. Ltd)

15-07-2014

35

Ally Multi-Trade India Pvt. Ltd.

22-07-2014

36

Sai Prasad Corporation Ltd

22-07-2014

37

Nicer Green Housing and Infrastructure Developers Limited

28-07-2014

38

Dhanolty Developers Ltd

30-07-2014

39

JSV Developers India Ltd.

31-07-2014

40

HNC Infrastructures and Shares India Ltd

05-08-2014

41

Shubham Kroti Foods Pvt. Ltd

08-08-2014

42

Viswas Real Estates and Infrastructure India Ltd

08-08-2014

43

IHI Developers India Ltd

11-08-2014

44

PACL

22-08-2014

45

Step Up Marketing Pvt. Ltd.

22-08-2014

46

SPNJ Land Projects and Developers India Ltd

17-09-2014

47

G N Dairies Limited

31-10-2014

48

Sheen Agro and Plantation Ltd

14-11-2014

49

Garima Real Estate and Allied Ltd.

24-11-2014

50

Raghav Capital & Infrastructure Ltd.

24-11-2014

51

Shree Sai Space Creation Ltd

24-11-2014

 PR No. 174/2014 , Mumbai, December 17, 2014

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