To

All Trading Members of the Exchange

Sub:    Order Under Sections 11 and 11B of the Securities and Exchange Board of India Act, 1992

            In the matter of Acropetal Technologies Ltd.

SEBI vide its order no. WTM/GM/EFD/DRA2/10286/2020-21 dated February 04, 2021 has inter-alia issued following directions:

·         Noticee Nos. 1 and 2 shall be restrained from accessing the securities market, and further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly, and associating with the securities market in any manner for a period of two years from the date of this Order.

·         Noticee No. 2 shall also be restrained from holding any position of Director or key managerial personnel in any listed company or any intermediary registered with SEBI, or associating himself with any listed public company or a public company which intends to raise money from the public or any intermediary registered with SEBI for a period of two years.

·         The SCN dated October 20, 2016 stands disposed of in respect of Noticee Nos. 3, 4, 5 and 6 without any directions.

·         The directions contained in 6.1.1 and 6.1.2 above shall run concurrently with other debarment/restraints that Noticee Nos. 1 and 2 may be undergoing, in terms of other SEBI orders.

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.

Jeevan Noronha                                                                                          Roshani More           

Senior Manager                                                                                           Assistant Manager 

Surveillance                                                                                                  Surveillance

Date: February 04, 2021