May 14, 2012
PR No. 054/2012

Order in respect M/s. Har Sai Investments Ltd., M/s. Alaknanda Capital Services Pvt. Ltd. and M/s. HB
Stockholdings Ltd. in the matter of M/s. Jagsonpal Pharmaceuticals Ltd.

Shri Prashant Saran, Whole Time Member, SEBI, has passed an Order dated May 09, 2012 in the matter of Jagsonpal Pharmaceuticals Limited, issuing the following directions:
 
a) M/s. Har Sai Investments Ltd., M/s. Alaknanda Capital Services Pvt. Ltd. and M/s. HB Stockholdings Ltd. are restrained from buying, selling or dealing in the securities market whatsoever or accessing the securities market,
directly or indirectly, for a period of two years.
 
b) The stock exchanges are directed to permit the respective members to square off their existing open positions, if any, at the earliest in Futures and Options segment.
 
c) The order is served on all recognized stock exchanges and depositories to ensure that M/s. Har Sai Investments Ltd., M/s. Alaknanda Capital Services Pvt. Ltd. and M/s. HB Stockholdings Ltd. are not allowed to undertake transactions as prohibited in para a) above.
 
The order has come into force with immediate effect.
 
  
Mumbai
 
May 14, 2012

For full copy of order against ALAKNANDA CAPITAL SERVICES PVT.LTD., click here.

For full copy of order against HAR SAI INVESTMENTS LTD., click here.

For full copy of order against HB STOCKHOLDINGS LTD., click here.