May 08, 2007
PR No. 160/2007
Order in the matter of M/s. Natural Expo Agro Industries Limited
Dr. T.C.Nair, Whole Time Member, SEBI has passed an order dated April 26, 2007 against M/s. Kuku Motor Finance Limited and its Managing Director Shri S. K. Chadha in the matter of M/s. Natural Expo Agro Industries Limited, debarring both the company and its Managing Director from acting as intermediary in the capital market and have been prohibited from accessing the capital market and dealing in securities directly or indirectly for a period of six months.
M/s. Kuku Motor Finance Limited and its Managing Director Shri S. K. Chadha have been found guilty of violating the provisions of the Code of Conduct for Merchant Bankers and the SEBI Circular No. PMD/CIR.217891/92 dated 24.12.1992.
Mumbai
May 08, 2007
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