PR No. 009/2010
Clarificatory Order against Mr. Pawan Kumar Goyal and others
Dr. K. M. Abraham, Whole Time Member, SEBI, has passed an order dated December 31, 2009 in the matter of M/s. Peacock Industries Ltd.
In continuation to the aforesaid order, Dr. K.M. Abraham, Whole Time Member, SEBI, vide order dated January 6, 2010 modified the operative portion of the order dated December 31, 2009 to permit the concerned stock exchanges to allow Mr. Pawan Kumar Goyal, M/s. Goyal Investments, M/s. Goyal Brothers and M/s. Goyal Securities to square off their existing open positions in the Futures and Options Segment, if any, immediately. The said persons/entities would not be allowed to take fresh positions or increase their open positions or execute trades. Further, the concerned stock exchanges should also ensure that no fresh positions are created for the said persons. The remaining part of the order dated December 31, 2009 remains unchanged.
January 12, 2010
For full copy of order against
MR.PAWAN KUMAR GOYAL,
M/S. GOYAL INVESTMENTS,
M/S. GOYAL BROTHERS (Proprietor, Mr. Arun Goyal)
AND M/S. GOYAL SECURITIES (Proprietor, Mr. Vinod Goyal) click here.