For full copy of order against HITEK INDUSTRIES (BIHAR) LTD., click here.

For full copy of order against HITEK INDUSTRIES (BIHAR) LTD., click here.

For full copy of order against PREM PRAKASH VERMA, click here.

For full copy of order against SANJAY CHAKRABORTY, click here.

PRESS RELEASE - SEBI
June 13, 2003
PR No. 138/2003

Hitek INDUSTRIES (BIHAR) LTD.

SEBI had conducted investigations into the alleged irregularities in the public issue and buying, selling and dealing in the scrip of M/S Hitek Industries (Bihar) Ltd. Pursuant to investigations, SEBI after considering the facts found them guilty of violating the provisions of SEBI regulations and have directed that

  • Hitek Industries (Bihar) Limited

be prohibited from accessing the capital markets for a period of five years. 

SEBI has also directed that

  • Shri. Prem Prakash Verma, Managing Director of Hitek Industries (Bihar) Limited
  • Shri. Sanjay Chakraborty
be debarred from dealing in securities for a period of five years. These orders shall come into effect from May 30, 2003.