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 the matter of Kashyap Technologies Limited (KTL).
SEBI vide its Order no. WTM/AB/EFD-1/DRA-1/02/2019-20 dated April 12, 2019 has inter-alia issued the following directions:
Restrained Kashyap Technologies Limited (PAN : AAACK4451A) from accessing the securities market and further prohibited 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, starting from the date of this Order which will continue till the expiry of five years from the date of bringing the money back into KTL’s bank account in India, as directed in the order. During the period of restraint, the existing holding of securities (including units of mutual funds) of above mentioned Noticee shall remain frozen.
Restrained the following Noticees from accessing the securities market and further prohibited 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 of five years from the date of this Order. During the period of restraint, the existing holding of securities (including units of mutual funds) of the following Noticees shall remain frozen.
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No.
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Name of the Assessee
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PANs
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1
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Clifford Capital Partners A.G.S.A
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Not Available
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2
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Mr. A. Venkatramani
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AABPV3960F
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3
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Mr. A. Ganesan
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AACPG8259M
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4
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Mr. R. Dakshinamurthy
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AAGPD2888M
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5
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Mr. A Sivakumaran
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AIYPS4944H
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6
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Mr. R. Gopalan
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Not Available
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This Order shall come into force with immediate effect.
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.
Ena Janvalekar Avijit Sarkar
Sr. Manager Assistant Manager
Surveillance Surveillance
Date: April 15, 2019
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