| Order in the matter of Turbotech Engineering Limited |
To
All Trading Members of the Exchange
Sub: Final Order Under Sections 11(1), 11(4) and 11B of the Securities and Exchange Board of India Act, 1992 In Re: Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003 in the matter of Turbotech Engineering Limited
SEBI, vide its Order no. WTM/MPB/EFD1-DRA4/46/2019 dated May 14, 2019 has inter-alia restrained Radison Properties Private Limited (PAN: AAFCR2818B), Natural Housing Private Limited (PAN: AADCN6251G), Topwell Properties Private Limited (PAN: AADCT8403C), South Asia Portfolios Private Limited (PAN: AABCS5265M), Kingfisher Properties Private Limited (PAN: AAECK3394G), Janvi Tanvi Share Traders Private Limited (PAN: AACCJ0062C), Safed Sales Private Limited (PAN: AALCS7721G), Shivkhori Construction Private Limited (PAN: AAPCS7850L) and Spice Merchants Private Limited (PAN: AAPCS7492G) from accessing the securities market for a period of seven 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 seven years, from the date of this order. In view of prohibition on sale of securities, it is clarified that during the period of restraint, the existing securities holding, including units of mutual funds, of the aforesaid entities shall remain frozen.
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: May 14, 2019
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