PRESS RELEASE - SEBI
October 06, 2000
PR No. 197/2000

Action in respect of companies not complying with the listing agreement and not physically traceable at the registered office address mentioned in the offer document.

PRIMARY MARKET DEPARTMENT

On October 4, 2000, SEBI issued 11B orders in respect of 9 companies(Annexure A) and 51 directors 
(Annexure B) prohibiting them from entering into the capital market for a period of 5 years. 
 
With these orders, SEBI has so far issued 11B against 70 companies and 302 directors prohibiting them from associating in every respect from the capital market activities. The order would mean that the companies and promoters/directors are prohibited from associating in every respect from the capital market activities and not to deal in securities and to access the capital market, more specifically not be allowed to raise funds from capital market and shall not be or be associated with any of the intermediaries in the capital market for a period of 5 years. 
 
In addition to these, the cases would also be referred to the State governments for their action where cheating or fraud is suspected.

Annexure A
 
No.
Name of the Company 
Address
    
1
 AASHI INDS LTD 337, Kerala Nalsarovar Road Kerala, Taluka Dholka Ahmedabad.
2
 NISU FINCAP LTD (formerly Medha Fin & Sec Ltd) 301, Samudra Complex C.G. Road, Sardar Patel Nagar, Ellisbridge Ahmedabad 380006.
3
 SUPER DOMESTIC MACHINES LTD Kaypee House,  11/A Nathalal Colony, Stadium Road, Navrangpura Ahmedabad 380009.
4
 CITIZEN YARNS LTD Liberty Complex Nr. Swastik Char Rasta, Navrangpura Ahmedabad 380009.
5
 MAHA CHEMICALS LTD A/101, Fairdeal House Nr. Swastik Char Rasta, Navrangpura Ahmedabad 380009.
6
 MRUG PHARMACEUTICALS LTD Sf/6, Ben Kesha Complex Opp. Navrangpura Bus Stand Ahmedabad 380009.
7
 SUSHIL PACKAGINGS (INDIA) LTD 150, New Cloth Market 1st Floor Ahmedabad 380002.
8
 MARINE CARGO CO LTD 609, Hari Krupa Towers Ellisbridge Ahmedabad - 380007
9
 LYONS INDUSTRIAL ENTERPRISES LTD S-9, Vishal Commercial Centre Nr. Dinesh Hall, Navrangpura Ahmedabad 380009.
 
ANNEXURE B
 
SR. NO. NAME OF DIRECTOR NAME OF COMPANY DIRECTORS ADDRESS      
1 SMT. SEEMA D. JHAVERI AASHI INDS LTD 1, MULCHAND BHAVAN 4, WALKESHWAR ROAD MUMBAI 400006  
2 SHRI. JAYESH R. MOR AASHI INDS LTD 9, VALKESHWAR SOCIETY AMBAWADI AHMEDABAD 380015  
3 SHRI EUGENE HEIM ADITHYA ALKALOIDS LTD 8, Ruedes Foumeaux 41000-Blois FRANCE  
4 SHRI BALAKRISHNA G BHANDARI ADVANCE BIO COAL(INDIA) LTD Ahilyapura INDORE    
5 SHRI SHAILESH I DAVE ADVANCE BIO COAL(INDIA) LTD M.G. Road, Halol    
6 SHRI M. KANDASAMY AVR SECURITIESL LIMITED No. 15, Manickam Pillai Street UDAMAPET - 642 126    
7 SHRI AJAY SUREKA CALDYN AIRCON LIMITED A - 501, Manavasthal II Gokuldham Film City Road Goregoan (East) MUMBAI - 400 063
8 SHRI R. RAMETRA CARWELL HYGINE 12/ Stern Court Huntington Street NEW YORK 11746  
9 SHRI. HARIPRASAD KHETAN CITIZEN YARNS LTD 21, PRERNA KUTIR B/H, SARATHI HOTEL VASTRAPUR ROAD AHMEDABAD
10 SHRI ANKUR KHETAN HI-TECH WINDING SYSTEMS LIMITED D-1, Dada Saheb Flats University Road AHMEDABAD  
11 SMT. PRITHI H. RAVAL HITESH TEXTILE MILLS LIMITED 8- Kiran Building Opp. Usha Hospital Mandpshwar Road Borivali MUMBAI - 400 092
12 SHRI DEVRAJ GANDHI LYMPHA LABORATORIES LTD JALORI BARI, JODHPUR    
13 SHRI SUNIL CHAUDHARI LYMPHA LABORATORIES LTD 5A, GROUND FLOOR, 98,MANSOOR BUILDING, SHAMALDAS GANDHI MARG, MUMBAI - 400002.
14 DR. K.S. RANGANATHAN LYONS INDUSTRIES ENTERPRISES LTD L.B.S. MARG GHATKOPAR (WEST) MUMBAI 400086  
15 SHRI. MAHENDRA K. PATEL MAHA CHEMICALS LTD 22, BIJAL PARK CO-OP SOC MEMNAGAR AHMEDABAD 380052  
16 SHRI. JYOTINDRA N. PATEL MAHA CHEMICALS LTD NEELAMANI TENAMENTS OPP. SARTHI RAW HOUSE GURUKUL  AHMEDABAD 380052
17 SHRI. K.P.S. PERUMAL MAHA CHEMICALS LTD 266, POONAMALLE HIGH ROAD MADRAS  
18 SHRI VADIBHAI M. PATEL MARINE CARGO COMPANY LIMITED AMIN BHAVAN MANI NAGAR AHMEDABAD  
19 KANILAL N. PATEL MARINE CARGO COMPANY LIMTED MANI NAGAR   AHMEDABAD  
20 SMT. KAPILABEN M. PATEL MARINE CARGO COMPANY LIMITED AMIN BHAVAN MANI NAGAR AHMEDABAD  
21 SHRI C.R.PATEL MARINE CARGO COMPANY LIMITED BIPIN NIWAS SHAHPUR AHMEDABAD  
22 SHRI SHAILESH SHAH MARINE CARGO COMPANY LIMITED MANISH NAGAR MANISH NAGAR RLY STATION AHMEDABAD  
23 SHRI PRAKASHCHANDRA P. AGARWAL MARINE CARGO COMPANY LIMITED 9, VASUPUJYA RAW HOUSES SATELLITE AHMEDABAD  
24 SHRI CHHABILDAS S. SHAH MRUG PHARMACEUTICALS LIMITED 3, INDRANIL SOCIETY JIVRAJ PARK AHMEDABAD - 380051  
25 DR. AMRITLA C. SHAH MRUG PHARMACEUTICALS LIMITED MAFATLAL HOUSE,  BACKBAY RECLAMATION MUMBAI - 400020  
26 SHRI MRUGESH C. SHAH MRUG PHARMACEUTICALS LIMITED 3, INDRANIL SOCIETY JIVRAJ PARK AHMEDABAD - 380051  
27 SHRI N. DURAISWAMY NAVAKKARAI SPINNERS LTD. SOORACHIRAPALAYAM, PUDDUSSERY(PO) PALAKKAD.  
28 SHRI MOHAN GUPTA PAPPILON EXPORTS LTD D/901, NEW FRIENDS COLONY,   NEW DELHI  
29 SMT DHANIBEN PATEL SHIVAM APPERALS EXPORT LTD. 25, ATESH SOCEITY VEJALPUR ROAD, AHMEDABAD  
30 SHRI DHANESH SHAH SHIVAM APPERALS EXPORT LTD. OPP. PATEL BLDG NEAR JOTANAS CHAWL RAMNAGAR, SABARMATI, AHMEDABAD
31 SHRI BHADRESH DESAI SHIVAM APPERALS EXPORT LTD. A-3/5, GODAVARI NAGAR 1, VASNA AHMEDABAD.  
32 SHRI DAYALJIBHAI PATEL SHREEJI DYE-CHEM LTD. 3, VIMAL COMPLEX, OPP. SHARDA SCHOOL AHMEDABAD.  
33 VISHNU KABRA SHUBHAM GRANITES LTD. SITARAM COMPLEX, SUBHANPURA ROAD BARODA.  
34 SHRI R. SRIRAM SHYAM PRINTS & PUBLISHERS LTD. 35-A, KONGUNAGAR, RAMANATHAPURAM, COIMBATORE - 641045.  
35 SMT. MANGA SRIRAM SHYAM PRINTS & PUBLISHERS LTD. 35-A, KONGUNAGAR, RAMANATHAPURAM, COIMBATORE - 641045.  
36 SMT NISHA BHAVESH JHAVERI SPARKLE FOODS LTD. 9-D, SHANAZ, 90, NAPEANSEA ROAD, MUMBAI - 400006.  
37 SHRI NARENDRAKUMAR MEHTA SPIL FINANCE LTD B 104, LAVKUSH APARTMENT NEAR GOSHA SOCIETY THALTEJ TEKRA AHMEDABAD 380 054.
38 SMT. VIJAY MALA ARORA STAR EXIM LTD 1B LAKE VIEW APARTMENTS 45/18, EAST PATEL NAGAR, NEW DELHI 110 008.  
39 SMT SAROJ JAISWAL STAR EXIM LTD P-30/A-5, DILSHAD GARDEN   DELHI 110 095.  
40 SHREE GIRISH M. MODI SUPER DOMESTIC MACHINES LTD. D/2, MAHAVIR APARTMENT MIRAMBICA RAOD, NARANPURA AHMEDABAD - 380013
41 SHRI SUDHAMA C. BATRA SUPER DOMESTIC MACHINES LTD. 1/103, SAMRAJAYA APARTMENT NEAR MANAV MANDIR AHMEDABAD - 380051  
42 SHRI PRAFUL M. MODY SUPER DOMESTIC MACHINES LTD. 1/12, VIRAT COMPLEX BHUYANGDEV - SOLA RAOD AHMEDABAD - 380061  
43 SHREE SANDEEP A. MISTRY SUPER DOMESTIC MACHINES LTD. 1276, SAMETSHIKHAR'S POLE MANDVI POLE MANEK CHAWK AHMEDABAD - 380001
44 SHRI. BIPINCHANDRA P. MEHTA SUSHIL PACKAGINGS (INDIA) LTD B/2/32, GOYAL INTERCITY B/H, DRIVE IN CINEMA THALTEJ AHMEDABAD 380054
45 SHRI. GIRISHBHAI MODI SUSHIL PACKAGINGS (INDIA) LTD D/2, MAHAVIR APARTMENT NR. MIRAMBICA SCHOOL NARANPURA AHMEDABAD 380013
46 SHRI. BIPINCHANDRA P. MEHTA SUSHIL PACKAGINGS (INDIA) LTD B/2/32, GOYAL INTERCITY B/H, DRIVE IN CINEMA THALTEJ AHMEDABAD 380054
47 MRS. BUPINDER K. SINGH TACTFULL INVESTMENTS LTD. 538, M.T. KAILASH NEW DELHI - 49    
48 SOHINDER KAUR BEDI TACTFULL INVESTMENTS LTD. W-57, GRETER KAILASH, NEW DELHI -48.    
49 DR. RAM MURTHY UNICORN PHARMACEUTICALS (I) LIMITED 2301, Elmspring Way Lexington KY - 40515 USA  
50 MRS. Elfriede Elizabeth  UNICORN PHARMACEUTICALS (I) LIMITED FR. V .D. Schulemberg Street 19 Street 19, D 4040 NEUSS -1 GERMANY  
51 DR. VARADARAJ RAMNATH PRABHU UNICORN PHARMACEUTICALS (I) LIMITED 6, Mission Square Brentford Middlesex TW 8 SOD, U.K.