June 23, 2009
PR No. 199/2009
Order against Karuna Cables Ltd., Mr. Mahendra C. Shah, Ceetee Trading and Leasing Private Ltd., Mr. Sanjay B. Shah in the matter of Karuna Cables Ltd.
Dr. K.M. Abraham, Whole Time Member, SEBI, has passed an order dated June 15, 2009, in the matter of Karuna Cables Ltd. restraining Karuna Cables Ltd. and its Managing Director Mr. Mahendra C. Shah, Ceetee Trading and Leasing Private Ltd. and its director Mr. Sanjay B. Shah from accessing the securities market, directly or indirectly, for a period of six months.
The order has come into force with immediate effect.
Mumbai
June 23, 2009
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