Notice No20201128-4Notice Date28 Nov 2020
CategoryComplianceSegmentGeneral
SubjectOrder in the matter of New Delhi Television Limited – 5 Entities
Content

To 

  

All Trading Members of the Exchange 

 

Sub: Order Under Sections 11(1), 11(4) and 11B of the Securities and Exchange Board of India Act, 1992 In the matter of New Delhi Television Limited – 5 Entities.

 

 

SEBI vide its order no. WTM/SM/IVD/ID2/9712/2020-21 dated November 27, 2020 has inter-alia issued following directions:

 

·         The Noticees herein, i.e., shall be restrained from accessing the securities market and further prohibited them from buying, selling or otherwise dealing in securities, directly or indirectly, or being associated with the securities market in any manner, whatsoever, for a period of 2 years.

 

·         It is clarified that during the period of restrain the existing holding of securities, including the units of mutual funds shall remain under freeze in respect of the aforesaid Noticees.

 

·         The obligation of the aforesaid Noticees, in respect of settlement of securities, if any, purchased or sold in the cash segment of the recognized stock exchange(s), as existing on the date of this Order, can take place irrespective of the restraint/prohibition imposed by this Order only, in respect of pending unsettled transactions, if any. Further, all open positions, if any, of the Noticees debarred in the present Order, in the F&O segment of the stock exchanges, are permitted to be squared off, irrespective of the restraint/prohibition imposed by this Order.

 

This Order is effective from the date of the order. 

 

A copy of the said Order is attached herewith and also available on the SEBI website www.sebi.gov.in

 

Trading members are advised to take note of the same and ensure compliance. 

 

 

 

Rajesh Dubey                                                                                                     Roshani More                               

Associate Manager                                                                                          Assistant Manager 

Surveillance                                                                                                       Surveillance

 

Date: November 28, 2020

 

 

Attachments
Order in the matter of NDTV 5 Entities.pdf