December
31, 2008
PR No. 333/2008
Order in the matter of Nissan Copper Limited
Shri M.S.Sahoo, Whole Time Member, SEBI has passed an order dated December 31, 2008 restraining Yogesh Mafatlal Bhansali and others from buying, selling or otherwise dealing in securities in whatsoever manner, directly or indirectly, either on their own account or on account of any other person, for a period of three years from the date of the Order. The order also directed impounding of profits/gains of Rs.41,61,159.08 made by Yogesh Mafatlal Bhansali and others.
It may be mentioned that SEBI vide Order dated January 17, 2007, had directed BSE to withhold the profits made by Yogesh Bhansali and others from their alleged irregular trades executed in the shares of Nissan Copper Limited on December 29, 2006 and January 2, 2007 in a separate escrow account.
Mumbai
December 31, 2008
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