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Notices
Notice No20181005-39Notice Date05 Oct 2018
CategoryComplianceSegmentGeneral
SubjectOrder in the matter of M/s V B Industries Limited
Content

To

 

All Trading Members of the Exchange

 

sub:   Confirmatory order under Sections 11, 11(4), 11A AND 11B of the Securities and Exchange Board of India Act, 1992 in the matter of M/s V B Industries Limited.

 

Attention of the trading members is invited to the Exchange Notice No. 20171110-1 dated November 10, 2017 where in SEBI vide its Order no. WTM/MPB/ISD/ 84 /2017 dated November 9, 2017 has inter-alia directed that the promoters and directors in VBIL are permitted only to buy the securities of VBIL and the shares held by the promoters and directors in VBIL shall not be allowed to be transferred for sale, by depositories.

 

SEBI, now vide its Order no. WTM/MPB/ISD/ 47 /2018  dated October 05, 2018 hereby confirm the directions contained in the Interim Order dated November 09, 2017 and forensic audit of VBIL as directed vide Interim Order shall continue.

 

This Order shall come into force with immediate effect.

 

A copy of the said Order is attached herewith and also available on the SEBI website www.sebi.gov.in.

 

Trading members are advised to take note of the same and ensure compliance.

 

 

 

 

 

 

Ena Janvalekar                                                                       Shaila Valsan                            

Sr. Manager                                                                             Manager 

Surveillance                                                                            Surveillance

 

Date:  October 05, 2018

 

Attachments
Confirmatory Order in the matter of V B Industries