Notice No20190823-24Notice Date23 Aug 2019
SubjectOrder in respect of Gujarat Nitrates Ltd



All Trading Members of the Exchange


Sub:     Order under Sections 11 and 11B of the Securities and Exchange Board of India Act, 1992 in respect of M/s. Gujarat Nitrates Ltd.


SEBI vide its Order no. WTM/SKM/EFD1-DRAII/ 17 /2019-20 dated August 23, 2019 has inter-alia  restrained and prohibited Gujarat Nitrates Ltd (PAN : Not Available), from accessing the Securities market and further prohibit it from buying, selling or otherwise dealing in securities, directly or indirectly in any manner, till the Noticee Company resolves the investor grievances pending against it. During the period of restraint, the existing holding of the Noticee Company including units of mutual funds, 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


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





Shaila Valsan                                                                                                 Avijit Sarkar                  

Sr. Manager                                                                                                    Assistant Manager 

Surveillance                                                                                                    Surveillance


Date:  August 23, 2019


Gujarat Nitrates Ltd.pdf