Vivid Mercantile Ltd — Important, 05-06-2026: Company Update
VIVID MERCANTILE LIMITED
(CIN: L74110GJ1994PLC021483)
Reg. office: Basement Medicare Centre, Behind M. J. Library, Opp. Stock Exchange Ellisbridge,
Ahmedabad-380006
Email: complianceviel@gmail.com Website: www.vividmercantile.com
Contact No. 079-48921375
Date: 05th June, 2026
To,
General Manager
Department of Corporate Services
BSE Limited
Listing Operations (Equity),
P. J. Towers, Dalal Street,
Mumbai – 400001
Dear Madam/Sir,
Sub: Disclosure under Reg 30 of the Securities and Exchange Board of India (Listing Obligation
and Disclosure Requirements) Regulations, 2015
Reference: Script Code- 542046
Pursuant to the provisions of Regulation 30 read with sub-para 20, Para A, Part A, Schedule III of the SEBI
(Listing Obligations and Disclosure Requirements), Regulations 2015 (Listing Regulations), we hereby
submit the disclosure regarding the Order passed by the Quasi-Judicial Authority, Securities and
Exchange Board of India.
The details of the above Orders as required under Regulation 30 of Listing Regulations are given below:
Name of the Authority Quasi-Judicial Authority, Securities and Exchange
Board of India (SEBI)
Nature and details of the action(s) The Company has received an order from SEBI
against itself and its Director, Mr. Satish Ramanlal
Gajjar, alleging violations of Sections 12A(a),
12A(b), and 12A(c) of the SEBI Act, along with
Regulations 3(a), 3(b), 3(c), 3(d), 4(1), 4(2)(f),
4(2)(k), and 4(2)(r) read with Regulation 2(1)(c)
of the PFUTP Regulations. Pursuant to the said
order, a monetary penalty of Rs. 10 lakhs have
been imposed on Mr. Satish Ramanlal Gajjar under
Section 15HA of the SEBI Act. Further, the
Company is liable to disgorge an amount of Rs.
40,84,556/-. Additionally, both the Company and
Mr. Satish Ramanlal Gajjar have been restrained
from accessing the securities market and are
prohibited from buying, selling, or otherwise
dealing in securities, either directly or indirectly,
for a period of five (5) years.
Date of receipt of communication from the
authority
On 4th June, 2026 through E-Mail from SEBI.
Details of the violation(s) / contravention(s)
committed or alleged to be committed;
Violation of Provision pertaining to Sections
12A(a), 12A(b), and 12A(c) of SEBI Act and
Regulations 3(a), 3(b), 3(c), 3(d), 4(1), 4(2)(f),
4(2)(k) and 4(2)(r) read with Regulation 2(1)(c)
of the PFUTP Regulations.
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VIVID MERCANTILE LIMITED
(CIN: L74110GJ1994PLC021483)
Reg. office: Basement Medicare Centre, Behind M. J. Library, Opp. Stock Exchange Ellisbridge,
Ahmedabad-380006
Email: complianceviel@gmail.com Website: www.vividmercantile.com
Contact No. 079-48921375
Impact on financial, operation or other
activities of the listed entity, quantifiable in
monetary terms to the extent possible.
The Company is examining the next steps to be
taken in this matter and is analysing the impact, if
any, of this Order on Company’s financial,
operation or any other activities at the moment.
This is for your Information and records.
Thanking you,
Yours faithfully
For, Vivid Mercantile Limited
Satishkumar Ramanlal Gajjar
Managing Director
DIN: 05254111
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