To

All Trading Members of the Exchange

Sub:  FINAL ORDER UNDER SECTIONS 11(4) AND 11B OF THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992 READ WITH REGULATION 11 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (PROHIBITION OF FRAUDULENT AND UNFAIR TRADE PRACTICE RELATING TO SECURITIES MARKET) REGULATIONS, 2003 IN THE MATTER OF BEEJAY INVESTMENTS AND FINANCIAL CONSULTANTS PRIVATE LIMITED AND ORS.

SEBI vide its order no. WTM/GM/IVD/ID7/11304/2021–22 dated April 09, 2021 has inter-alia issued following directions:

·         Noticees Nos. 1, 2 and 8 having been restrained from accessing the securities market and further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly, or being associated with the securities market in any manner, vide SEBI orders dated June 16, 2016 and March 27, 2017, shall continue to be so restrained for a further period of two (2) years, from the date of this order.

·         Restrain directions imposed on Noticee Nos. 3 to 6, Noticee Nos. 9 to 17 and Noticee Nos. 19 and 20 from accessing the securities market and further prohibiting from them buying, selling or otherwise dealing in securities, directly or indirectly, or being associated with the securities market in any manner vide SEBI orders dated June 16, 2016 and March 27, 2017, hereby stand revoked.

·         Noticee Nos. 7 and 18, not being part of the SEBI orders dated June 16, 2016 and March 27, 2017, are hereby restrained from accessing the securities market and further prohibited 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 four (4) years, from the date of 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.

Jeevan Noronha                                                                                          Fahad Kapadia

Senior Manager                                                                                           Assistant Manager 

Surveillance                                                                                                  Surveillance

Date: April 09, 2021