PRESS RELEASE - SEBI

 July 20, 2010
PR No. 168/2010

Order in the matter of Eltrol Limited

Shri Prashant Saran, Whole Time Member, SEBI, vide order dated July 15, 2010, has restrained the following entities from buying, selling or dealing in securities and from associating in securities market in any manner whatsoever from the date of the order :-
  1. Eltrol Limited for a period of five years. However, the period of prohibition already undergone by Eltrol Limited pursuant to the interim order dated October 5, 2005 shall be set off and the restraint will be applicable only to the extent of remaining period.
  2. Mr. Sanjay Tripathi, Mr. Niraj Sanghvi and Mr. Deepak Rathod for a period of six months.

The order has come into force with immediate effect.

Mumbai

July 20, 2010


 

For full copy of order against ELTROL LTD., MR. SANJAY TRIPATHI, MR. NIRAJ SANGHVI AND MR. DEEPAK RATHOD click here.