Notice No20230328-63Notice Date28 Mar 2023
CategoryComplianceSegmentGeneral
SubjectFinal Order in the matter of PNB Finance and Industries Limited
Content

To

All Trading Members of the Exchanges

Sub: Final Order in the matter of PNB Finance and Industries Limited.

SEBI vide its order no. WTM/SM/IVD/ID1/25069/2022-23 dated March 28,2023, has inter-alia issued following directions:

  • Till such time PNBFIL complies with MPS Requirements, the promoters of the Company viz. Noticees no. 2, 3 and 6 to 9 are restrained from accessing the securities market and further prohibited from buying, selling or otherwise dealing in securities (including units of mutual funds), directly or indirectly, or being associated with the securities market in any manner whatsoever, except for the purpose of complying with MPS requirement by the Company.

 

 

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                                                                                          Shubham Benere

Regulatory Correspondence                                                                     Regulatory Correspondence                                                        

Date: March 28, 2023

Attachments
Final Order in the matter of PNB Finance and Industries Limited.pdf