Movers and Shakers of SEBI Banned Shell Company List

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Mayur Joshi
Mayur Joshihttp://www.mayurjoshi.com
Mayur Joshi is a Contributing Editor at Regtechtimes, recognized for his authoritative reporting and analysis on financial crime, espionage, and global sanctions. His work combines investigative depth with geopolitical context, offering readers clear insights into the evolving landscape of compliance, risk, and international security. With a strong focus on sanctions imposed by OFAC and regulatory bodies across the US, UK, and Australia, Mayur is widely regarded as a subject-matter expert in the global sanctions ecosystem. He regularly contributes analysis on geopolitical developments—particularly China’s strategic influence, intelligence operations, and the shifting dynamics of global power. Mayur has authored seven books on financial crimes, money laundering, and corporate compliance, reinforcing his position as a leading voice in the regtech and financial intelligence community. He is also the architect of India’s first certification program in Anti-Money Laundering, a landmark initiative that helped shape professional AML training standards in the country. His recent work includes deep dives into sanctions regimes, illicit finance networks, state-sponsored espionage, and emerging threats across the global financial system, making him a trusted source for experts, journalists, and policymakers seeking clarity in a rapidly changing world.

Securities Exchange Board of India, the stock market regulator penalised 331 listed companies by imposing restrictions on trading. Some companies which SEBI named in this list were shockers

  • Prakash Industries
  • Parsvnath Developers
  • J Kumar Infra
  • SQS BFSI
  • JMD Ventures

Prakash Industries was one of the companies which gave handsome returns to its shareholders in the last one year and have gone up by 188 per cent to Rs 139 as of August 7, 2017 from Rs 48.25 on January 2, 2017.

Other stocks on the list such as Parsvnath Developers,Marg, J Kumar Infra, JMD Ventures and Inter Globe Finance have gained 74 per cent, 43 per cent, 34 per cent, 30 per cent and 18 per cent, respectively.

Some of the other penny stocks in this list have more than doubled investor wealth on a year-to-date basis.

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