| Order in the matter of Radford Global Limited (RGL) |
To
All Trading Members of the Exchange
Sub: Final Order under Sections 11(1), 11(4) and 11B of the Securities and Exchange Board of India Act, 1992 In Re: Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003 in the matter of Radford Global Limited (RGL).
In continuation to the Exchange Notice Nos. 20141220-1 dated December 20, 2014, 20141222-21 dated December 22,2014, 20151013-20 dated October 13, 2015, 20151109-37 dated November 09, 2015, 20151111-1 dated November 11, 2015, 20160826-39 dated August 26, 2016, 20160318-39 dated March 18, 2016 and 20170921-7 dated September 21, 2017 on the captioned matter.
SEBI, now vide its Order no. WTM/MPB/EFD1-DRA 3/ 62 /2019 dated August 29, 2019 has revoked the directions against Amrusha Mercantile Pvt. Ltd, Devakantha Trading Pvt. Ltd, Udbal Mercantile Pvt. Ltd., Shelter Sales Agency Pvt. Ltd., Runicha Merchants Pvt Ltd, Spice Merchants Pvt. Ltd., Apex Commotrade Pvt. Ltd., Winall Vinimay Pvt. Ltd., Signet Vinimay Pvt. Ltd. Sanklap Vincom Pvt. Ltd., Pyramid Trading & Finance Ltd., SKM Travels Pvt. Ltd., Vibgyor Financial Service Pvt. Ltd., Bazigar Trading Pvt. Ltd., Avlokan Dealcom Pvt. Ltd. Nishit Agarwal Beneficiary Trust, Praveen Kumar Agarwal HUF, Pinky Agarwal, Praveen Kumar Agarwal, Pratik Agarwal Beneficiary Trust, Dhanleela Investments & Trading Company Ltd. and Pine Animation Ltd. issued vide the interim order dated December 19, 2014 which were confirmed vide order dated August 26, 2016.
Revoked the directions issued against Artiben S. Kansara and Manisha Jayesh Shah vide the interim order dated November 5, 2015 and have remained in force till date..
Restrained the Noticees i.e. Sangita Pramod Harlalka (AAAPH8161P) and Shailesh Lalman Ojha (AAJPO0625L) from accessing the securities market and buying, selling or dealing in securities, either directly or indirectly, in any manner for a period of six months from the date of this order.
This Order shall come 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.
Shaila Valsan Roshani More
Sr. Manager Assistant Manager
Surveillance Surveillance
Date: August 30, 2019
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