To
All Trading Members of the Exchange
Sub: In continuation of Common Final Order dated September 21, 2017 passed in the matter of Synthetics and Chemicals Limited and in consideration of the representation submitted by Ajay Suresh Kilachand (PAN- ABAPK6943R).
Attention of the trading members is invited to the Exchange Notice No. 20170921-24 dated September 21, 2017 wherein SEBI vide its Order no. WTM/GM/EFD/ 54/2017-18 dated September 21, 2017 had, inter-alia, restrained and prohibited various companies and its directors from accessing the securities market and from buying, selling or dealing in securities, directly or indirectly, in whatsoever manner, till the companies / directors on behalf of the company resolve all the investor grievances pending against them.
SEBI, now vide its Order no. WTM/GM/EFD/11/2019-20 dated June 04, 2019 has partially modified the earlier order dated September 9, 2017 and has inter-alia restrained and prohibited the applicant i.e. Ajay Suresh Kilachand (PAN- ABAPK6943R) from accessing the securities market and from buying, selling or dealing in securities, directly or indirectly, for a period of two years from September 9, 2017.
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.
Shaila Valsan Roshani More
Manager Assistant Manager
Surveillance Surveillance
Date: June 04, 2019
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