Latest news with #DilipDoshi
&w=3840&q=100)
Business Standard
30-07-2025
- Business
- Business Standard
Sebi fines nearly ₹4 cr on 11 entities for share price manipulation
Markets regulator Sebi on Wednesday imposed a penalty totalling ₹3.87 crore on 11 individuals for manipulating the share price of Darshan Orna Ltd (DOL) using social media channels. The fines need to be paid within 45 days, the Securities and Exchange Board of India (Sebi) said in its order. In its order, Sebi noted that a multi-layered market manipulation scheme was orchestrated in the scrip of DOL during September 2021 to June 2022, involving these entities across three distinct operational tiers, whereby in tier 1, Noticee 1 (Aakash Doshi) accumulating the company's shares through his own account and those of his father Dilip Doshi, while Kevin Kapadia traded in his wife's account Kruti Kevin Kapadia and provided crucial funding support to other participants. In tier 2, the funding infrastructure was bolstered by Satyen Dalal, who provided ₹46 lakh in tranches to the Doshi family during the share accumulation phase and received back 90 per cent of these funds during the selling phase, demonstrating the scheme's temporary nature. In tier 3, the message circulation network was meticulously coordinated through Dhanpal Gandhi, who served as the crucial link between the other entities and the Telegram platform, working in conjunction with Amesh Jaiswal and Jalaj Agarwal, who posted the recommendations on the Telegram platform TBO. "The trading activities in the scrip coupled with messages on Telegram app created an impression of increased price and volume in the market, which had allegedly influenced the gullible investors to purchase the shares of DOL, and the same was evident from the fact that during the same time, the number of public shareholders witnessed a huge jump from 1,732 to 7,536 i.e. an increase by 335 per cent during the quarter of January 2022 to March 2022," Sebi said in its 81-page order. Besides, the share price escalated from ₹77 to ₹146.7 during the period and a few individuals collectively profited ₹2.51 crore while systematically exiting their positions. By indulging in such trades, these individuals violated the provisions of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) norms and accordingly, Sebi levied a fine totalling ₹3.87 crore on them. The penalty ranges from ₹10 lakh to 1.2 crore. The order came after Sebi conducted an investigation into the matter of trading activities of certain entities in the scrip of Darshan Orna based on recommendations that were circulated on the Telegram channel to ascertain possible violation of PFUTP norms. The period of investigation was from September 2021 till June 2022.
Economic Times
30-07-2025
- Business
- Economic Times
Sebi fines 11 entities Rs 4 cr for share price manipulation
Markets regulator Sebi on Wednesday imposed a penalty totalling Rs 3.87 crore on 11 individuals for manipulating the share price of Darshan Orna Ltd (DOL) using social media channels. ADVERTISEMENT The fines need to be paid within 45 days, the Securities and Exchange Board of India (Sebi) said in its order. In its order, Sebi noted that a multi-layered market manipulation scheme was orchestrated in the scrip of DOL during September 2021 to June 2022, involving these entities across three distinct operational tiers, whereby in tier 1, Noticee 1 (Aakash Doshi) accumulating the company's shares through his own account and those of his father Dilip Doshi, while Kevin Kapadia traded in his wife's account Kruti Kevin Kapadia and provided crucial funding support to other participants. In tier 2, the funding infrastructure was bolstered by Satyen Dalal, who provided Rs 46 lakh in tranches to the Doshi family during the share accumulation phase and received back 90 per cent of these funds during the selling phase, demonstrating the scheme's temporary nature. In tier 3, the message circulation network was meticulously coordinated through Dhanpal Gandhi, who served as the crucial link between the other entities and the Telegram platform, working in conjunction with Amesh Jaiswal and Jalaj Agarwal, who posted the recommendations on the Telegram platform TBO. "The trading activities in the scrip coupled with messages on Telegram app created an impression of increased price and volume in the market, which had allegedly influenced the gullible investors to purchase the shares of DOL, and the same was evident from the fact that during the same time, the number of public shareholders witnessed a huge jump from 1,732 to 7,536 i.e. an increase by 335 per cent during the quarter of January 2022 to March 2022," Sebi said in its 81-page order. ADVERTISEMENT Besides, the share price escalated from Rs 77 to Rs 146.7 during the period and a few individuals collectively profited Rs 2.51 crore while systematically exiting their positions. By indulging in such trades, these individuals violated the provisions of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) norms and accordingly, Sebi levied a fine totalling Rs 3.87 crore on them. The penalty ranges from Rs 10 lakh to 1.2 crore. The order came after Sebi conducted an investigation into the matter of trading activities of certain entities in the scrip of Darshan Orna based on recommendations that were circulated on the Telegram channel to ascertain possible violation of PFUTP norms. The period of investigation was from September 2021 till June 2022. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
30-07-2025
- Business
- Time of India
Sebi fines 11 entities Rs 4 cr for share price manipulation
Markets regulator Sebi on Wednesday imposed a penalty totalling Rs 3.87 crore on 11 individuals for manipulating the share price of Darshan Orna Ltd (DOL) using social media channels. The fines need to be paid within 45 days, the Securities and Exchange Board of India (Sebi) said in its order. Explore courses from Top Institutes in Please select course: Select a Course Category Data Science Data Science Finance Degree Project Management others Data Analytics Public Policy Artificial Intelligence Technology Operations Management healthcare Others MCA Product Management Leadership PGDM MBA Digital Marketing Healthcare Design Thinking CXO Management Cybersecurity Skills you'll gain: Duration: 11 Months E&ICT Academy, Indian Institute of Technology Guwahati CERT-IITG Postgraduate Cert in AI and ML India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIT Madras CERT-IITM Advanced Cert Prog in AI and ML India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months E&ICT Academy, Indian Institute of Technology Guwahati CERT-IITG Prof Cert in DS & BA with GenAI India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK DABS India Starts on undefined Get Details Skills you'll gain: Duration: 30 Weeks IIM Kozhikode SEPO - IIMK-AI for Senior Executives India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Most Beautiful Female Athletes Right Now Undo In its order, Sebi noted that a multi-layered market manipulation scheme was orchestrated in the scrip of DOL during September 2021 to June 2022, involving these entities across three distinct operational tiers, whereby in tier 1, Noticee 1 (Aakash Doshi) accumulating the company's shares through his own account and those of his father Dilip Doshi, while Kevin Kapadia traded in his wife's account Kruti Kevin Kapadia and provided crucial funding support to other participants. In tier 2, the funding infrastructure was bolstered by Satyen Dalal, who provided Rs 46 lakh in tranches to the Doshi family during the share accumulation phase and received back 90 per cent of these funds during the selling phase, demonstrating the scheme's temporary nature. In tier 3, the message circulation network was meticulously coordinated through Dhanpal Gandhi, who served as the crucial link between the other entities and the Telegram platform, working in conjunction with Amesh Jaiswal and Jalaj Agarwal, who posted the recommendations on the Telegram platform TBO. Live Events "The trading activities in the scrip coupled with messages on Telegram app created an impression of increased price and volume in the market, which had allegedly influenced the gullible investors to purchase the shares of DOL, and the same was evident from the fact that during the same time, the number of public shareholders witnessed a huge jump from 1,732 to 7,536 i.e. an increase by 335 per cent during the quarter of January 2022 to March 2022," Sebi said in its 81-page order. Besides, the share price escalated from Rs 77 to Rs 146.7 during the period and a few individuals collectively profited Rs 2.51 crore while systematically exiting their positions. By indulging in such trades, these individuals violated the provisions of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) norms and accordingly, Sebi levied a fine totalling Rs 3.87 crore on them. The penalty ranges from Rs 10 lakh to 1.2 crore. The order came after Sebi conducted an investigation into the matter of trading activities of certain entities in the scrip of Darshan Orna based on recommendations that were circulated on the Telegram channel to ascertain possible violation of PFUTP norms. The period of investigation was from September 2021 till June 2022.
News18
30-07-2025
- Business
- News18
Sebi fines nearly Rs 4 cr on 11 entities for share price manipulation
New Delhi, Jul 30 (PTI) Markets regulator Sebi on Wednesday imposed a penalty totalling Rs 3.87 crore on 11 individuals for manipulating the share price of Darshan Orna Ltd (DOL) using social media channels. The fines need to be paid within 45 days, the Securities and Exchange Board of India (Sebi) said in its order. In its order, Sebi noted that a multi-layered market manipulation scheme was orchestrated in the scrip of DOL during September 2021 to June 2022, involving these entities across three distinct operational tiers, whereby in tier 1, Noticee 1 (Aakash Doshi) accumulating the company's shares through his own account and those of his father Dilip Doshi, while Kevin Kapadia traded in his wife's account Kruti Kevin Kapadia and provided crucial funding support to other participants. In tier 2, the funding infrastructure was bolstered by Satyen Dalal, who provided Rs 46 lakh in tranches to the Doshi family during the share accumulation phase and received back 90 per cent of these funds during the selling phase, demonstrating the scheme's temporary nature. In tier 3, the message circulation network was meticulously coordinated through Dhanpal Gandhi, who served as the crucial link between the other entities and the Telegram platform, working in conjunction with Amesh Jaiswal and Jalaj Agarwal, who posted the recommendations on the Telegram platform TBO. 'The trading activities in the scrip coupled with messages on Telegram app created an impression of increased price and volume in the market, which had allegedly influenced the gullible investors to purchase the shares of DOL, and the same was evident from the fact that during the same time, the number of public shareholders witnessed a huge jump from 1,732 to 7,536 i.e. an increase by 335 per cent during the quarter of January 2022 to March 2022," Sebi said in its 81-page order. Besides, the share price escalated from Rs 77 to Rs 146.7 during the period and a few individuals collectively profited Rs 2.51 crore while systematically exiting their positions. By indulging in such trades, these individuals violated the provisions of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) norms and accordingly, Sebi levied a fine totalling Rs 3.87 crore on them. The penalty ranges from Rs 10 lakh to 1.2 crore. The order came after Sebi conducted an investigation into the matter of trading activities of certain entities in the scrip of Darshan Orna based on recommendations that were circulated on the Telegram channel to ascertain possible violation of PFUTP norms. The period of investigation was from September 2021 till June 2022. PTI SP SP SHW (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: July 30, 2025, 17:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Indian Express
23-07-2025
- Entertainment
- Indian Express
‘Aye, tera room number kaunsa hai': When Pakistan's Javed Miandad sledged India's Dilip Doshi
The late Dilip Doshi and Pakistan's Javed Miandad had a famous on-field confrontation during a India vs Pakistan Test in Bengaluru in 1983. In the match, Miandad was constantly stepping out and only defending the ball when Doshi was bowling. And after each ball, he would poke the Indian bwoler and asked 'Tera room number kya hai? (what is your room number?)'. When Doshi asked why he was asking the question over and over again, the Pakistani great said, 'Tell me your room number. I wanna hit you for a 6 there.' This tale is as old as time, with a lot of Indian greats narrating the incident, including Doshi back in 2020. 'Basically you got to understand that Javed has this street fighting attitude, a truly great batsman, one of the best I've bowled to, I really respect him as an opponent. He's a good friend as well, I love him off the field but once he got on the field, it was like a change of character,' Doshi had said in a conversation with Murali Karthik in 2020. 'When you restrict him from playing his shots, he would try to get you off your concentration was to create some sense of irritability and he was good at that, he has done with Kiran More, he did it with Dennis Lillee and he has done it many more times with me. So he would tell the close-in fielders something to pass on the message to me or walk across after the ball is bowled and he would say something,' Doshi added. 'That day what he was trying to do in Bangalore on my recall Test was trying to tell me 'What's your room number? I wanna hit the ball there.' It became a legendary thing, many people have repeated that, with some added spices but it's fine, it was all in good banter,' he had said. 'He struggled. He couldn't hit me. He made 98 and got out,' Doshi had added.
