To
All Trading Members of the Exchange
Sub: Order under Sections 11 and 11B of the Securities and Exchange Board of India Act, 1992 read with regulation 65 of the SEBI (Collective Investment Schemes) Regulations, 1999 in respect of Interim Order cum Show Cause Notice dated March 31, 2015 in the matter of Rich Infra Developers India Limited(RIDIL).
SEBI, vide its Order no. WTM/GM/EFD/58/2018-19 dated September 27, 2018 has inter-alia restrained the following entities from accessing the securities market and prohibited from buying, selling or otherwise dealing in securities market, directly or indirectly, till the directions for refund/repayment to investors are complied with, as directed in the said Order to the satisfaction of SEBI and Winding up and Repayment Report (WRR) is submitted to SEBI and for a further period of four years from the date of completion of the refund, as directed in the Order.
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S. No.
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Entity’s name
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PAN
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CIN/DIN
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1
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Rich Infra Developers India Limited(RIDIL)
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AAFCR3888R
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U70100RJ2011PLC035842
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2
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Harvinder Pal Singh
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ABPPS4178P
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03307241
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3
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Gurpreet Singh Sidhu
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ATAPS7417G
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03307249
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4
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Parampreet Singh Sidhu
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BCWPS1318C
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NA
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5
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Baljinder Preet Singh
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BBJPS5825E
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NA
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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 Shaila Valsan
Sr. Manager Manager
Surveillance Surveillance
Date: September 27, 2018
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