All Trading Members of the Exchange
Sub: Order under Sections 11(1), 11(2)(j), 11(4) and 11B of the SEBI act read with Section 12A of the Securities Contracts (Regulation) Act, 1956. in the matter of Non–Compliance with the requirement of Minimum Public Shareholding by listed Companies in respect of TAPARIA TOOLS LIMITED.
Attention of the trading members is invited to the Exchange Notice No. 20150520-35 dated May 20, 2015, wherein SEBI vide its order no. WTM/PS/09/CFD/MAY/2015 dated May 20, 2015 had inter-alia prohibited the promoters/promoter group including persons allegedly shown as public shareholders as mentioned in the order and Ms. Devki Devi Jhawar (who had earlier held shares in the Company) and the directors of the Company from buying, selling or otherwise dealing in securities of Company, either directly or indirectly, in any manner whatsoever, except for the purpose of complying with minimum public shareholding requirement till such time the Company complies with the minimum public shareholding requirement.
SEBI, now vide its Order no. WTM/GM/CFD/17/2019–20 dated June 26, 2019 has hereby confirmed the directions issued vide the Interim Order dated May 20, 2015, against Taparia Tools and its Directors, Promoters and Promoter Group.
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.
Ena Janvalekar Fahad Kapadia
Sr. Manager Assistant Manager
Date June 26, 2019