PRESS RELEASE - SEBI
December 12, 2003
PR No. 300/2003

Investigations Department

Order u/s 11 B against Sh. Rajesh Kasat

Pursuant to investigations in the matter of Snowcem India Ltd.

SEBI vide order dated December 04, 2003 restrained Sh. Rajesh Kasat, from buying, selling or dealing in securities in any manner, directly or indirectly for a period of one year for their role in the price manipulation of the scrip Snowcem India Ltd.