|Ad Interim Ex Parte Order in the matter of CNBC Awaaz "Stock 20-20" Show co-hosted by Mr. Hemant Ghai
All Trading Members of the Exchange
Sub: Ad Interim Ex Parte Order under Sections 11 (1), 11 (4), 11B (1) and IID 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 respect of Hemant Ghai and Others in the matter of CNBC Awaaz "Stock 20-20" Show co-hosted by Mr. Hemant Ghai
SEBI vide its order no. WTM/MPB/ISD/ 166 /2021 dated January 13, 2021 has inter-alia directed Mr. Hemant Ghai, Ms. Jaya Hemant Ghai and Ms. Shyam Mohini Ghai following directions:
- The aforesaid entities are restrained from buying, selling or dealing in securities, either directly or indirectly, in any manner whatsoever till further directions.
- If the aforesaid entities have any open positions in any exchange traded derivative contracts, as on the date of the order, they can close out/ square off such open positions within 3 months from the date of order or at the expiry of such contracts, whichever is earlier. The aforesaid entities are permitted to settle the pay-in and pay-out obligations in respect of transactions, if any, which have taken place before the close of trading on 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 Avijit Sarkar
Senior Manager Deputy Manager
Date: January 13, 2021