Notice No20210108-43Notice Date08 Jan 2021
CategoryComplianceSegmentGeneral
SubjectOrder in the matter of Anukaran Commercial Enterprises Limited
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 Anukaran Commercial Enterprises Limited.

 

SEBI vide its order no. M/SM/IVD/ID2/10082/2020-21 dated January 08, 2021 has inter-alia directed following directions:

 

  • Restrain all the Noticees from accessing the securities market and further prohibit them from buying, selling or otherwise dealing in securities, directly or indirectly, or being associated with the securities market in any manner, for a period of six (06) months from the date of this order.

 

  • It is further clarified that during the period of restraint, the existing holding of securities including the holding of units of mutual funds of the Noticees shall remain frozen.

 

  • 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 aforesaid Noticees in the F&O segment of the stock exchange, 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 available on the SEBI website www.sebi.gov.in.

 

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

 

 

 

 

Rajesh Kumar Dubey                                                                                                   Roshani More                     

Associate Manager                                                                                                      Assistant Manager  

Surveillance                                                                                                                   Surveillance

 

 

Date: January 08, 2021

 

 

 

Attachments
Order in the matter of Anukaran Commercial Enterprises Limited.pdf