PRESS RELEASE - SEBI |
September 15, 2004 PR No.
227/2004
Various entities and their Directors restrained from accessing the securitiesmarket and prohibited from buying, selling or dealing in securities, directly or indirectly, in the matter of investigations in the scrip of M/s. Shree Rama Multi Tech Ltd.
Consequent to the investigations in the matters of dealing in the scrip of M/s. Shree Rama Multi Tech Ltd., orders have been passed against the following entities restraining them from accessing the securities market and prohibited from buying, selling or dealing in securities, directly or indirectly with immediate effect. The period of restraint is as mentioned against their names:-
Name of Entity
|
Period of Restraint ordered
|
Shree Rama Multi-tech Limited and its Directors Mr. Vikram Patel, Mr.
Sharad Patel, Mr. Prakash Patel, Mr. Rambhai Patel, Mr. Hansraj Kanji and
Dr. Prakash Trivedi
|
Five Years
|
Global Finance
|
Five Years
|
M/s. East West Polyart Limited and its Directors Mr. Mahesh Patel and
Mr. Chandrakant Patel
|
Three years
|
M/s. Shree Rama Polysynth Private Limited and its Directors Mr. Manish
Patel and Mr. Asit Patel
|
Three years
|
Satellite Management Services Private Limited and its Directors Mr.
Mahesh Patel and Mr. Chandrakant Patel
|
Three years
|
Shree Developers Private Limited and its Directors
Mr. Nathubhai Patel and Mr. Asit Patel
|
Three years
|
M/s. Ideal Petro Products Limited and its Directors Mr. Mahesh Patel,
Mr. Chandrakant Patel and Mr. Praful Shah
|
Three years
|
Ms. Asha Patel
|
Three years
|
These orders have been passed by Shri T.M.Nagarajan, Whole Time Member on September 6, 2004.
Mumbai
September 15, 2004
|
For full copy of order against ASHA PATEL, click here.
For full copy of order against ASIT NATUBHAI PATEL, click here.
For full copy of order against ASIT NATUBHAI PATEL, click here.
For full copy of order against CHANDRAKANT C.PATEL, click here.
For full copy of order against CHANDRAKANT C.PATEL, click here.
For full copy of order against CHANDRAKANT C.PATEL, click here.
For full copy of order against EAST WEST POLYART LTD., click here.
For full copy of order against GLOBAL FINANCE, click here.
For full copy of order against HANSRAJ KANJI, click here.
For full copy of order against IDEAL PETRO PRODUCTS LTD., click here.
For full copy of order against MAHESH PATEL, click here.
For full copy of order against MAHESH PATEL, click here.
For full copy of order against MAHESH PATEL, click here.
For full copy of order against MANISH N.PATEL, click here.
For full copy of order against NATUBHAI UMEDBHAI PATEL, click here.
For full copy of order against PRAFUL SHAH, click here.
For full copy of order against PRAKASH R.PATEL, click here.
For full copy of order against PRAKASH TRIVEDI, click here.
For full copy of order against RAMBHAI PATEL, click here.
For full copy of order against SATELLITE MANAGEMENT SERVICES PVT.LTD., click here.
For full copy of order against SHARAD CHHOTABHAI PATEL, click here.
For full copy of order against SHREE DEVELOPERS PVT.LTD., click here.
For full copy of order against SHREE RAMA MULTI-TECH LTD., click here.
For full copy of order against SHREE RAMA POLYSYNTH PVT.LTD., click here.
For full copy of order against VIKRAM R.PATEL, click here.