For full copy of order against AJAY SANTOSHRAO KADHAO, click here.

For full copy of order against ALOK CHAND JAIN, click here.

For full copy of order against ALPINE INDUSTRIES LTD., click here.

For full copy of order against AMARNATH RAI, click here.

For full copy of order against ARVIND J.SHAH, click here.

For full copy of order against ARVIND KUMAR RAI, click here.

For full copy of order against ARYAN FINEFAB LTD., click here.

For full copy of order against ASHOK C.SHAH, click here.

For full copy of order against ATULKRISHNA B.GOYAL, click here.

For full copy of order against BHUPENDRA BABULAL GANDHI, click here.

For full copy of order against BHUPENDRA BABULAL GANDHI, click here.

For full copy of order against CHAITANYA D.MEHTA, click here.

For full copy of order against DHARMENDRA BABULAL GANDHI, click here.

For full copy of order against DHARNENDRA INDUSTRIES LTD., click here.

For full copy of order against DHARNENDRA OVERSEAS LTD., click here.

For full copy of order against DHIREN K.THAKKAR, click here.

For full copy of order against DILIP SHANTARAM DAHANUKAR, click here.

For full copy of order against DILIP SHANTARAM DAHANUKAR, click here.

For full copy of order against DILIP UDESHI, click here.

For full copy of order against EARNEST HEALTHCARE LTD., click here.

For full copy of order against ENKAY TEXOFOOD INDUSTRIES LTD., click here.

For full copy of order against FRANKLIN JOHN, click here.

For full copy of order against G.C.BAPNA, click here.

For full copy of order against GAURISHANKAR C.DAVE, click here.

For full copy of order against GOOD VALUE MARKETING CO.LTD., click here.

For full copy of order against GUJARAT SUSPENSION LTD., click here.

For full copy of order against HARISH H.JAVA, click here.

For full copy of order against HARKRISHNA J.TRIVEDI, click here.

For full copy of order against HITESH K.THAKKAR, click here.

For full copy of order against IGNATIUS MARTIN JOHN, click here.

For full copy of order against INDO BIOTECH FOODS LTD., click here.

For full copy of order against INDO BIOTECH HERBAL REMEDIES LTD., click here.

For full copy of order against J.S.VARSHNAY, click here.

For full copy of order against JAIVEER SINGH BHAKER, click here.

For full copy of order against JAMBOO KUMAR BHANDARI, click here.

For full copy of order against JASVANT RAY P.SHAH, click here.

For full copy of order against KAMAL KISHORE KABRA, click here.

For full copy of order against KANAIYALAL J.THAKKAR, click here.

For full copy of order against KANEL OIL & EXPORT INDUSTRIES LTD., click here.

For full copy of order against LESHA STEELS LTD., click here.

For full copy of order against M.A.MENON, click here.

For full copy of order against MAHESH PARIKH, click here.

For full copy of order against MUKUND J.TRIVEDI, click here.

For full copy of order against MURALIMANOHAR B.GOYAL, click here.

For full copy of order against NAVINCHANDRA BABULAL GANDHI, click here.

For full copy of order against NAVINCHANDRA BABULAL GANDHI, click here.

For full copy of order against P.N.DEVARAJAN, click here.

For full copy of order against PREM KUMAR RAI, click here.

For full copy of order against RAM KISHORE SINGHAL, click here.

For full copy of order against RAMESH KUMAR GUPTA, click here.

For full copy of order against RAMESH P.SAVE, click here.

For full copy of order against RANJIT VITHALDAS, click here.

For full copy of order against RENU JOHN, click here.

For full copy of order against SATISH KUMAR BHANDARI, click here.

For full copy of order against SHALIN ASHOK SHAH, click here.

For full copy of order against SHIVANI ASHOK SHAH, click here.

For full copy of order against SUCHIL M.KOTHARI, click here.

For full copy of order against SUNIL BAMBHARKAR, click here.

For full copy of order against SUNIL SHANKAR RAO, click here.

For full copy of order against SURESH BHAGWAT PRASAD GUPTA, click here.

For full copy of order against SURESH P.MADHAV, click here.

For full copy of order against SWAMINATH S.HANCHATE, click here.

For full copy of order against TULSIDAS B.GOYAL, click here.

For full copy of order against VISHWAJIT B.DAHANUKAR, click here.

For full copy of order against YESHWANT M.DESAI, click here.

PRESS RELEASE - SEBI
October 17, 2003
PR No. 254/2003

Directions under Section 11(1) and 11(4) (b) read with section 11B of the SEBI Act, 1992 against the following companies.

Vide an Order dated October 10, 2003, Chairman, SEBI has directed that the following companies and its directors shall dissociate themselves from the securities market for a period of 5 years and that the aforesaid persons shall not deal in securities in any manner whatsoever for a period of 5 years. The directions were issued pursuant to the companies failure to redress investors grievances despite being called upon to do so vide order dated 14.10.2002 and subsequent hearing before Chairman.


    1. Alpine Industries Ltd.

    2. Aryan Finefab Ltd

    3. Dharnendra Industries Ltd.

    4. Dharnendra Overseas Ltd

    5. Earnest Healthcare Ltd.

    6. Enkay Texofoods Ltd.

    7. Gujarat suspensions Ltd.

    8. Indo American Optics Ltd.

    9. Indo Biotech Foods Ltd.

   10. Indo Biotech Herbal Remedies Ltd.

   11. Kanel Oil & Export Ind. Ltd.

   12. Lesha Steels Ltd.


Further, in a similar matter M/s Goodvalue Marketing Co. ltd. is advised to be more careful in the future and to redress grievances of investors without delay.