Order against M/s. Pivotal Stoxare Limited in the matter of M/s.Ojas Technochem Products Ltd

Press Release
Securities and Exchange Board of India
Jan 20, 2009
PR No.: 46/2009

PR No.46/2009

Order against M/s. Pivotal Stoxare Limited

in the matter of M/s. Ojas Technochem Products Ltd.

Dr. T. C. Nair, Whole Time Member, SEBI, has passed an order dated January 09, 2009, in the matter of M/s. Ojas Technochem Products Limited restraining M/s. Pivotal Stoxare Ltd. from accessing the securities market and also prohibiting them from buying, selling or otherwise dealing or associating with the securities market in any manner whatsoever for a period of six months. 

The order shall come into force with immediate effect.

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

 

Mumbai                             

January 20, 2009