To
All Trading Members of the Exchange
Sub: Addendum to the order having reference no. WTM/AB/EFD-1/DRA-1/11/2019-20 dated June 28, 2019 in the matter of Aksh Optifibre Ltd.
Attention of the trading members is invited to the Exchange Notice No. 20190628-53 dated June 28, 2019 wherein SEBI vide its Order no. WTM/AB/EFD-1/DRA-1/11/2019-20 dated June 28, 2019 had, inter-alia, prohibited Aksh Optifibre Ltd. and various entities, 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, for a period as specified in the aforesaid order.
SEBI, now vide its Order no. WTM/ AB /EFD-1/DRA-1/11A/2019-20 dated July 02, 2019 has clarified that that the directions issued vide aforesaid Order shall stand relaxed for the limited purpose of allowing Mr. Arun Sood (PAN - AAJPS3837J) to close/square off the open positions in the Futures and Options segment, held as on the date of the Final Order, on or before the expiry date of the respective contracts or within a period of two months from June 28, 2019, whichever is earlier, without any further rollover.
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.
Jeevan Noronha Fahad Kapadia
Sr. Manager Assistant Manager
Surveillance Surveillance
Date: July 02, 2019
|