To
All Trading Members of the Exchange
Sub: Order under Sections 11(4), 11B and 11D of the Securities and Exchange Board of India Act, 1992 read with Regulation 35 of Securities and Exchange Board of India (Intermediaries) regulations 2008 in the matter of Raghukul Shares India Pvt. Ltd. (RSIPL)
SEBI vide its Ex-parte Ad-interim Order no. WTM/ AB /SEBI/MIRSD/WRO/12/2019-20 dated June 28, 2019 has inter-alia restrained the following entities from accessing the securities market and are further prohibited from buying, selling or otherwise dealing in securities, either directly or indirectly, or being associated with the securities market in any manner, whatsoever till further directions.
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Sr. No.
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Name of the Noticee
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CIN/DIN
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PAN
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1
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Raghukul Shares India Private Limited
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U67120RJ2009PTC029155
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AAECR3716R
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2
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Gangaram Khandelwal
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01731730
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ADRPK5114D
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3
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Amit Sharma
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02505457
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AFGPS8573K
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Further as stated in the aforesaid Order, in the event of the Noticee nos. 1 to 3 failing to file replies within 21 days of receipt of this order or failing to appear before SEBI on the aforesaid date and time, the preliminary findings at paras 5 to 11 of this Order and directions at para 14 (a) to (f) of the said SEBI Order, shall be deemed to be confirmed against the Noticees nos. 1 to 3 automatically, without any further orders.
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 Fahad Kapadia
Manager Assistant Manager
Surveillance Surveillance
Date: June 28, 2019
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