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January 27, 2016
PR No. 017/2016
Order in respect of Kareena Infotech and Ors.
It has been brought to SEBI's notice that a website www.kareenainfotech.in has been using the following text for
advertisement of its investment scheme:
“Kareena Infotech is a licensed brokerage house and is regulated by the Foreign Exchange Management Act
(FEMA) under the guidelines of Securities and Exchange Board of India (SEBI).”
It is bought to the notice of the investors, that no such entity by the name Ms. Kareena Infotech (Director-Mr
Manohar Pillai) is registered with SEBI as a stock broker.
Accordingly, vide order no. WTM/RKA/MIRSD/13/2016 dated January 12th , 2016, SEBI has restrained
Kareena Infotech and its director Mr. Manohar Pillai from accessing the securities market.
The general public are hereby cautioned against dealing with the aforementioned entity and are also
advised not to get attracted or lured by any advertisements which is issued by above entity soliciting any investments etc.
Mumbai
January 27, 2016 |