INVESTIGATION DEPARTMENT

 

CIRCULAR

 

 

Circular No: NSE/INVG/2010/469                                                                          March 10, 2010

Download No: NSE/INVG/2010/14283                               

 

 

Dear Members,

 

Sub: SEBI order in respect of Mr. Ashok Kumar Jain in the matter of alleged manipulative trading.

Further to SEBI ad interim ex-parte order no. WTM/KMA/78/ISD/06/2009 dated June 04, 2009, SEBI now vide its order no. WTM/KMA/IVD/237/03/2010 dated March 10, 2010 has confirmed the directions against Mr. Ashok Kumar Jain, issued under the ad-interim ex-parte order dated June 4, 2009, in the matter of alleged manipulative trading by certain connected entities in the shares of Cals Refineries Limited, Confidence Petroleum India Limited, Bang Overseas Limited, Shree Precoated Steels Limited (now known as Ajmera Realty & Infra India Limited) and Temptation Foods Limited.

The detailed order is available on SEBI website (http://www.sebi.gov.in). Further, the consolidated list of such entities is available on the Exchange website http://www.nseindia.com home page under “Communiqué – Regulatory Actions”.

Members are advised to take note of the above and ensure compliance.

 

In case of any further queries, members are requested to contact the following officials:

Ms. Manisha Khalasi (Extn : 5085), Mr. Avishkar Naik (Extn : 5086)

Direct No: 022-26598193

Fax: 022-26598195

 

For National Stock Exchange of India Limited

 

 

Nisha Subhash

Asst. Vice President

Investigation