Order in respect of Shri Prabhat Kumar Jhunjhunwala, Shri Tara Chand Jalan, Shri Amod Kumar Khandelwal, M/s. S.K. Jhunjhunwala and Lexus Shares and Stock Brokers Pvt. Ltd., in the matter of Prudential Pharmaceuticals Limited

Dec 20, 2010
Press Releases

PR No.277/2010

Order in respect of Shri Prabhat Kumar Jhunjhunwala, Shri Tara Chand Jalan, Shri Amod Kumar Khandelwal, M/s. S.K. Jhunjhunwala and Lexus Shares & Stock Brokers Pvt. Ltd., in the matter of Prudential Pharmaceuticals Limited

Shri Prashant Saran, Whole Time Member, SEBI, has passed an Order dated December 15, 2010 in the matter of Prudential Pharmaceuticals Limited warning Shri Prabhat Kumar Jhunjhunwala, Shri Tara Chand Jalan and M/s. S.K. Jhunjhunwala to be cautious in their future dealings and exercise due care and diligence in the conduct of their affairs as securities market participants.  Further, the Order disposed of the Show Cause Notice dated July 31, 2009 as against Lexus Shares & Stock Brokers Pvt. Ltd. and Shri Amod Kumar Khandelwal without any further directions.  

The full text of the order is available on the website: www.sebi.gov.in 

Mumbai

December 20, 2010

 

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