To
All Trading Members of the Exchange
Sub: Order under Sections 11, 11(4), 11A and 11B of the Securities and Exchange Board of India Act, 1992 in the matter of Merlin Agri Projects India Limited in respect of Mr. Touhid Alam
Attention of the trading members is invited to the Exchange Notice No. 20170623-27 dated June 23, 2017, to be read with Exchange Notice No. 20180718-32 dated July 18, 2018 where in SEBI vide its Order no. WTM/MPB/EFD-1-DRA-IV/ 20 /2018 dated July 18, 2018 had directed Touhid Alam not to, directly or indirectly, access the securities market, by issuing prospectus, offer document or advertisement soliciting money from the public and are further restrained and prohibited from buying, selling or otherwise dealing in the securities market, directly or indirectly in whatsoever manner for a period of 4 years from the date of this Order..
SEBI, now vide its Order no. WTM/MPB/EFD-1-DRA-IV/70/2018 dated December 28, 2018 has inter-alia stated that it may be noted from paragraph 88 of the final order dated July 18, 2018 that directions contained in paragraph 87 (l) qua Mr. Touhid Alam (PAN: AGMPA8959J) shall take effect after determination of his objections. In view of the finding arrived at paragraph 11 of the aforesaid order, the directions contained in paragraph 87 (l) of order dated July 18, 2018 shall come into force with immediate effect with respect to Mr. Touhid Alam.
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 Avijit Sarkar
Manager Assistant Manager
Surveillance Surveillance
Date: December 31, 2018
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