June 23, 2009
PR No. 200/2009

Order in the matter of Karuna Cables Ltd.

Dr. K.M. Abraham, Whole Time Member, SEBI, has passed an order dated June 15, 2009, in the matter of Karuna Cables Ltd. revoking the directions issued by Securities and Exchange Board of India vide orders dated November 29, 2005 and July 25, 2006 of prohibition on buying, selling or dealing in the securities of Karuna Cables Ltd. against Mrs. Hasu M. Shah, Mr. Mit Shah, Mr. Akshat Shah, Mr. Kirti C. Shah, Mr. Jaswant C. Shah, Mr. C.V.V. Prasad, Mr. N.S. Ranganath, Mr. Pavankumar Sanwarmal, N.G. Builders & Developers, Mr. Narendrapal Gupta and Mrs. Manju Gupta. The proceedings against Mr. Vijay Bhagwandas Shah became infructuous owing to his demise. 
 
The order has come into force with immediate effect.

Mumbai

June 23, 2009

For full copy of order against Mrs. Hasu M. Shah,
Mr. Mit Shah,
Mr. Akshat Shah,
Mr. Kirti C. Shah,
Mr. Jaswant C. Shah,
Mr. C.V.V. Prasad,
Mr. N.S. Ranganath,
Mr. Pavankumar Sanwarmal,
N. G. Builders & Developers,
Mr. Narendrapal Gupta,
Mrs. Manju Gupta and Mr. Vijay Bhagwandas Shah click here.