SEBI issues list of 91 Companies in which investors are advised to not to invest

PR No. 194/2015- SEBI cautions investors not to invest in schemes offered by entities barred by SEBI from raising money or entities not registered with SEBI Certain Collective Investment Scheme(s) (CIS) have come to the notice of SEBI, which are offered by entities which are not registered with SEBI nor offer document of such schemes have been filed with SEBI. Appropriate actions have been taken against such entities and its Directors and since January 01, 2011, SEBI has passed orders against 91 entities and its Directors, carrying on unregistered CIS. As part of interim directions, SEBI inter-alia 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. As part of final directions, SEBI directs winding up of unregistered schemes of the entities, repayments to investors and inter-alia also debars the entity and its Directors from accessing the Capital markets. A list of the Companies against whom orders have been passed by SEBI since 2011 till June 2015 is given below with this press release. The orders are available on the 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. Further, investors are advised to bear the following cautionary checks before investing in a collective investment scheme Whether the entity is registered with SEBI Whether the scheme (CIS) has filed an offer document with SEBI Subscription to CIS units is permitted only though a banking channel, no cash transactions are permitted No guaranteed or assured returns are permitted (at most, an indicative return may be stated in offer document) If any of the following unregistered entity/ies are found to be collecting / mobilizing money, investors are advised not to subscribe to such schemes and to report the same to SEBI and State authorities including Police authorities immediately, along with appropriate details / documents. S.No. Case Name Date of SEBI Order 1 Sun-plant Agro Limited 03/05/2011 2 NGHI Developers India Limited 06/11/2012 3 MPS Greenery Developers Limited 06/12/2012 4 Nicer Green Forest Limited 12/03/2013 5 Maitreya Services Private Limited 25/03/2013 6 Osian’s Connoissurers of Art Limited 15/04/2013 7 Saradha Realty India Limited 23/04/2013 8 Alchemist Infra Realty Limited 21/06/2013 9 Sumangal Industries Limited 09/07/2013 10 Rose Valley Hotels and Entertainment Limited 10/07/2013 11 HBN Dairies and Allied Limited 12/07/2013 12 Maitreya Plotters and Structures Private Limited 30/08/2013 13 Samruddha Jeevan Foods India Limited 31/10/2013 14 Servehit Housing and Infrastructure India Limited 31/10/2013 15 Orient Resorts (India) Private Limited 26/11/2013 16 Green Ray International Limited 03/02/2014 17 Royal Twinkle Star Club Limited 07/03/2014 18 Peers Allied Corportaion Limited 23/04/2014 19 Green Buds Agro Farm I Limited 16/05/2014 20 KBCL India Limited 26/05/2014 21 Adel Landmarks Limited (Era Landmarks Limited 05/06/2014 22 JSR Dairies Limited 05/06/2014 23 Nikhara Bharath Construction Company Limited 12/06/2014 24 Haldhar Realty and Enterprises Limited 17/06/2014 25 Rose Valley Real Estate and Constructions Limited 18/06/2014 26 Beetal Livestocks and Farms (Private Limited 25/06/2014 27 Ramel Industries Limited 11/07/2014 28 Remac Realty India Limited 15/07/2014 29 Sunshine Agro Global Limited (Sunshine Forestry Private Limited 15/07/2014 30 Ally Multi-Trade India Private Limited 22/07/2014 31 Sai Prasad Corporation Limited 22/07/2014 32 Nicer Green Housing and Infrastructure Developers Limited 28/07/2014 33 Dhanolty Developers Limited 30/07/2014 34 JSV Developers India Limited 31/07/2014 35 HNC Infrastructures and Shares India Limited 05/08/2014 36 Shubham Kroti Foods Private Limited 08/08/2014 37 IHI Developers India Limited 11/08/2014 38 PACL 22/08/2014 39 Step Up Marketing Private Limited 22/08/2014 40 SPNJ Land Projects and Developers India Limited 17/09/2014 41 G N Dairies Limited 31/10/2014 42 Sheen Agro and Plantation Limited 14/11/2014 43 Garima Real Estate and Allied Limited 24/11/2014 44 Raghav Capital and Infrastructure Limited 24/11/2014 45 Shree Sai Space Creation Limited 24/11/2014 46 Arise Bhoomi Developers Limited 02/12/2014 47 Vee Realties India Limited 02/12/2014 48 Sai Multi Services 02/12/2014 49 Kim Infrastructure and Developers Limited 08/12/2014 50 KMJ Land Developers India Limited 12/09/2014 51 Wisdom Agro Tech India Limited 12/10/2014 52 Kalbut Real Estate Limited 10/12/2014 53 Skylark Land Develpers Limited 15/12/2014 54 Blessing Agro Farm India Limited 15/12/2014 55 Ken Infratech Limited 17/12/2014 56 MVL Limited 19/12/2014 57 Ecogreen Realestate (India) Limited 26/12/2014 58 Sai Prakash Properties Development Limited 26/12/2014 59 GCA Marketing Private Limited 30/12/2014 60 Karmabhumi Real Estate Limited 30/12/2014 61 Sai Prakash Organic Foods Limited 06/01/2015 62 Sai Prasad Foods Limited 14/01/2015 63 Sai Prasad Properties Limited 14/01/2015 64 NICL India Limited 14/01/2015 65 Utkarsh Plotters and Multi Agro Solutions India lTd 14/01/2015 66 Arohan Trustee Company Private Limited 21/04/2015 67 Garima Homes and Farm Houses Limited 03/02/2015 68 Agri Gold Farms and Estates Limited 05/02/2015 69 Suvidha Farming and Allied Limited 12/02/2015 70 RBN Infrastructure India Limited 25/02/2015 71 Anmol India Agro Herbal Farming and Dairies Care Company Limited 09/03/2015 72 Future Gold Infrabuild India Limited 13/03/2015 73 Shri Ram Real Estate and Business Solution Limited 17/03/2015 74 Mark Builders and Land Developers Limited 17/03/2015 75 Networth Marketing Limited 19/03/2015 76 Parivar Dairies and Allied Limited 30/03/2015 77 Swar Agrotech India Limited 30/03/2015 78 Swar Agroteak and Housing India Private Limited (SAHIPL) 30/03/2015 79 Prosperity Agro India Limited 31/03/2015 80 Rich Infra Developers India Limited 31/03/2015 81 BNP India Developers and Infrastructure Limited 31/03/2015 82 Viswas Real Estates and Infrastructure India Limited 27/04/2015 83 USK India Limited 07/05/2015 84 Insure Life Infrastructure India Limited 08/05/2015 85 Susk India Limited 29/05/2015 86 Citrus Check inns 03/06/2015 87 Capacious Farming Limited 16/06/2015 88 IPN Land Developers and Allied Limited and its Directors 22/06/2015 89 V3 Infrastructure and Estates Private Limited and its Directors/Promoters 23/06/2015 90 Emerging India Infra Limited 26/06/2015 91 Bhoomi Devcon and Agritech Limited 29/06/2015 Mumbai July 29, 2015 (Source- SEBI)