Notice No | 20150902-28 | Notice Date | 02 Sep 2015 | ||||||||||||||||||||||||
Category | Compliance | Segment | General | ||||||||||||||||||||||||
Subject | SEBI Order in respect of Samruddha Jeevan Foods India Limited and its Directors | ||||||||||||||||||||||||||
Content | |||||||||||||||||||||||||||
To
All Trading Members of the Exchange
Sub: Order under Sections 11(1), 11(4) and 11B of the Securities and Exchange Board of India Act, 1992 and regulation 65 of the SEBI (Collective Investment Schemes) Regulations, 1999 in respect of Samruddha Jeevan Foods India Limited and its Directors.
SEBI vide its order no. WTM/PS/48/IMD-CIS/SEPT/2015 dated September 2, 2015 has, inter-alia, restrained the following entities from accessing the securities market, and are prohibited from buying, selling or otherwise dealing in securities market for a period of 4 years.
In the event of failure to comply with the directions mentioned in the aforesaid SEBI Order, Samruddha Jeevan Foods India Ltd., and its directors namely Mr.Mahesh Kisan Motewar, Mrs.Vaishali Mahesh Motewar, Mr.Ghanshyam Jashbhai Patel and Mr.Rajendra Pandurang Bhandare shall remain restrained from accessing the securities market and prohibited from buying, selling or otherwise dealing in securities market, even after the completion of period of four (4) years of restraint imposed, till all the Collective Investment Schemes of Samruddha Jeevan Foods India Limited are wound up and all the monies mobilized through such schemes are refunded to its investors with returns which are due to them.
This Order shall come into force with immediate effect.
A copy of the said order is attached herewith and also available on the SEBI website www.sebi.gov.in.
Trading members are advised to take note of the same and ensure compliance
Ena Janvalekar Shaila Valsan
Sr. Manager Associate Manager
Surveillance & Supervision Surveillance & Supervision
Date: September 2, 2015
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