Notice No20190201-38Notice Date01 Feb 2019
SubjectOrder in the matter of Grandma Trading and Agencies Ltd




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 Grandma Trading and Agencies Ltd


SEBI vide its Order no. WTM/MPB/EFD1-DRA4/12/2019 dated January 31, 2019 has inter-alia restrained the following entities from accessing the securities market for a period of four years from the date of this order 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, whatsoever, for a period of four years, from the date of this order. Needless to say, in view of prohibition on sale of securities, it is clarified that during the period of restraint, the existing holding, including units of mutual funds, of the Noticees shall remain frozen.


Noticees /Name of the entities


Mr. Jayeshkumar Narottamdas Gandhi




Ms. Bharati Jayesh Gandhi


Mr. Deval Jayesh Gandhi



This Order shall come into force w.e.f. January 31, 2019.


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


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




Rajesh Kumar Dubey                                                               Avijit Sarkar             

Associate Manager                                                              Assistant Manager

 Surveillance                                                                          Surveillance       


Date:  February 01, 2019

Order In the matter of Grandma Trading and Agencie