PRESS RELEASE - SEBI

December 06, 2013
PR No. 121/2013

Order in respect of Motorol Enterprises Limited and its former directors

Shri. Rajeev Kumar Agarwal, Whole Time Member, SEBI, has vide order dated December 17, 2013 revoked the directions issued vide order dated December 15, 2010, restraining and prohibiting Motorol Enterprises Limited and
its former directors Mr. Rinki S. Gandhi and Mr. Thakar S. Mahesh from accessing the securities market and buying, selling or dealing in securities, directly or indirectly, in manner whatsoever. It is also noted in the order that, other directors Mr. Gandhi K. Chandrakant and Mr. Gandhi K. Shashikant have expired and the directions against them have already become infructuous.

Mumbai

December 06, 2013


 

For full copy of order against MOTOROL ENTERPRISES LTD. and its Directors, MR.RINKI S.GANDHI and MR.THAKAR S.MAHESH, click here.