PRESS RELEASE - SEBI

 January 19, 2009
PR No. 033/2009

Orders against Y.G.Rajaram, Subecha Securities Pvt. Ltd. , M/s. Latin Manharlal Securities Pvt. Ltd., Vijay Growth Financial Services Ltd., Shri Narendra C Shah , Kakani Securities Ltd. and Padmavathi Consultancy

Dr. T. C. Nair, Whole Time Member, SEBI, has passed orders dated January 09, 2009, in the matter of Fortune Informatics Ltd. censuring,

1) Subecha Securities Pvt. Ltd. Sub Broker, BSE and NSE (SEBI Regn. No. INS 010480536 and INS 231331336 respectively), 

2) M/s. Latin Manharlal Securities Pvt. Ltd., Member, BSE, (SEBI Regn No. INB 011072056) 

3) Vijay Growth Financial Services Ltd. Member, Hyderabad Stock Exchange, (SEBI Regn No. 061059037)

4) Shri Narendra C Shah, Member, Calcutta Stock Exchange (SEBI Regn. No. INB 030556410) 

5) Kakani Securities Ltd. Member, Hyderabad Stock Exchange (SEBI Regn No. INB 061007537)

The proceedings against Y G Rajaram , Member, Hyderabad Stock Exchange (SEBI Regn No. INB 060715511) has been disposed off without any penalty. 

Padmavathi Consultancy has been issued warning. 

The orders come into force with immediate effect. 
 

Mumbai

January 19, 2009

 


For full copy of order against KAKANI SECURITIES LTD., click here.

For full copy of order against LATIN MANHARLAL SECURITIES PVT.LTD., click here.

For full copy of order against NARENDRA C.SHAH, click here.

For full copy of order against NARENDRA C.SHAH,M/S, click here.

For full copy of order against PADMAVATHI CONSULTANCY, click here.

For full copy of order against SUBECHA SECURITIES PVT.LTD., click here.

For full copy of order against SUBECHA SECURITIES PVT.LTD., click here.

For full copy of order against VIJAY GROWTH FINANCIAL SERVICES LTD., click here.