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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Vivid Mercantile Ltd

Vivid Mercantile receives SEBI order with Rs. 40.84 lakh disgorgement and 5-yr market ban

REGULATORY ▼ Concern Flagged HIGH RISK
📅 Filed on BSE: 05 Jun 2026, 06:38 PM IST  ·  BSE ID: 9a4eb81e-4ebb-483e-b93a-ec3b87f79257
View Original BSE Filing (PDF)
💡
In Simple Terms
The company and its director are penalized by SEBI and banned from trading for five years due to alleged rule violations.
🤖 AI Summary
  • SEBI ordered Vivid Mercantile and director to disgorge Rs. 40,84,556 and pay Rs. 10 lakh penalty.
  • Company and director banned from securities market for five years.
  • Allegations involve violations of SEBI Act Sections 12A(a), (b), (c) and PFUTP Regulations.
  • Order received on 4th June, 2026 via email from SEBI.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Monetary Penalty on Director
Rs. 10 lakhs
Disgorgement Amount for Company
Rs. 40,84,556/-
Market Ban Period
five (5) years
🏢 How This Affects the Company
📈
Business Impact
The five-year ban on dealing in securities directly impacts the company's and its director's ability to operate in the capital markets.
💰
Financial Impact
The company is required to disgorge Rs. 40,84,556, impacting its cash reserves. A Rs. 10 lakh penalty is levied on the director.
⚙️
Operational Impact
The prohibition from market access will significantly alter the company's and director's operational activities related to securities.
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Risk Impact
This SEBI order introduces significant regulatory and compliance risk for the company and its management.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders. The company is assessing the impact.
👤
Who Is Affected
All shareholders are indirectly affected due to the regulatory action and market ban impacting company operations.
🔍
Management Signal
The filing signals management's adherence to disclosure norms by promptly reporting the SEBI order.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Company's detailed analysis of SEBI order impact.
Any subsequent communication or clarification from SEBI.
Management's strategic decisions post-market ban.
HIGH RISK SEBI order imposes market ban and financial penalties, creating significant regulatory risk.
💡 Investor Takeaway
Vivid Mercantile and its director are subject to a Rs. 40,84,556 disgorgement and a five-year ban from securities trading due to SEBI findings.
⚖️ Strengths & Concerns

⚠️ Concerns

  • Company and director face a five-year ban from securities market access due to alleged violations.
  • A disgorgement of Rs. 40,84,556 is mandated for the company, impacting liquidity.
❓ Frequently Asked Questions
What penalty did SEBI impose on Vivid Mercantile's director?
SEBI imposed a monetary penalty of Rs. 10 lakhs on Mr. Satish Ramanlal Gajjar under Section 15HA of the SEBI Act.
What amount must Vivid Mercantile disgorge as per the SEBI order?
Vivid Mercantile is liable to disgorge an amount of Rs. 40,84,556/- as per the SEBI order.
How long are Vivid Mercantile and its director banned from the securities market?
Both the Company and Mr. Satish Ramanlal Gajjar are restrained from accessing the securities market for a period of five (5) years.
What are the alleged violations by Vivid Mercantile?
The company is alleged to have violated Sections 12A(a), 12A(b), and 12A(c) of the SEBI Act and PFUTP Regulations.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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