All Trading Members of the Exchange
Sub: ORDER UNDER SECTIONS 11(1) AND 11B OF THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992, REGULATION 65 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (COLLECTIVE INVESTMENT SCHEME) REGULATIONS, 1999 AND REGULATION 11 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (PROHIBITION OF FRAUDULENT AND UNFAIR TRADE PRACTICES RELATING TO SECURITIES MARKET), 2003. IN THE MATTER OF YALSCO REAL ESTATE AND AGRO FARMING LIMITED.
SEBI vide its order no. WTM/GM/WRO/WRO/10271/2020–21 dated February 02, 2021 has inter-alia restrained Noticee nos. 1 (Yalsco Real Estate and Agro Farming Limited), 2 (Prem Lal Dewangan), 3 (Mamta Dewangan) and 4 (Nisha Dewangan) from accessing the securities market and also prohibited 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 or till the completion of proceedings under Chhattisgarh PID Act, whichever is later. During the period of restraint, the existing holding, including units of mutual funds, shall remain frozen.
This Order is effective from the date of the order.
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.
Jeevan Noronha Fahad Kapadia
Sr. Manager Assistant Manager
Date: February 02, 2021