August 26, 2005
PR No. 107/2005

Order against M/s. Pragya Enterprises in the scrip of 

Bhoruka Financial Services Limited (BFSL)

Securities and Exchange Board of India (SEBI) has passed an order under Section 11B read with Section 11(4) of SEBI Act, 1992 against M/s. Pragya Enterprises and its partners directing them to deposit the proceeds of the transactions in the scrip of BFSL in an escrow account with a nationalized bank opened exclusively for this purpose and they are further directed to take prior approval of SEBI for dealing in this account. 
 
The order dated August 24, 2005 was passed in the transactions in the scrip of BFSL on Magadh Stock Exchange Association.
 
The order was passed by SEBI�s Whole Time Member, Shri G. Anantharaman. 
 
The directions in this order will come into force with immediate effect. 
 
 
Mumbai 

August 26, 2005

For full copy of order against PRAGYA ENTERPRISES, click here.

For full copy of order against SATYANARAYAN AGARWAL, click here.

For full copy of order against UMAH AGARWAL, click here.

For full copy of order against VIVEEK AGARWAL, click here.