Notice No20190322-28Notice Date22 Mar 2019
SubjectOrder in the matter of Bhoruka Aluminum Limited



All Trading Members of the Exchange


Sub:   Order under Sections 11(1), 11(4) and 11B of the Securities and Exchange Board of India Act, 1992 in the matter of Bhoruka Aluminum Limited.


SEBI, vide its Order no. WTM/ AB / EFD-1/ DRA-1/27/2018-19 dated March 22, 2019 has inter-alia issued the following directions:


  • Restrained M/s Bhoruka Aluminium Ltd. (PAN : AAACB8073D), Mr. Ajay Kumar Dalmia (PAN : AAIPD2539D), Mr. Panduranga Setty (PAN : ACIPP7049J), Mr. Rajkumar Aggarwal (PAN : AAPPA8159F) and Mr. Rajat Aggarwal (PAN : AEYPA0496E) from accessing the securities market and further prohibit them from buying, selling or otherwise dealing in securities, directly or indirectly, or being associated with the securities market in any manner, either directly or indirectly, for a period of five years from the date of this order. It is, further, clarified that the existing holding of securities of the Noticees, including the units of mutual funds, shall remain frozen during the period of restraint.
  • Proceedings initiated against Mr. Amla Bansi Lal (PAN: ABXPA7328R) and Mr. Prabir Chakravarti (PAN: ACIPC5246N) shall abated.


This Order shall come into force with immediate effect.


A copy of the said Order is attached herewith and available on the SEBI website


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





Shaila Valsan                                                                               Avijit Sarkar                      

Manager                                                                                        Assistant Manager 

Surveillance                                                                                  Surveillance


Date:  March 22, 2019


Bhoruka Aluminium Ltd.pdf