Order against M/s. Virendra Singh Bhandari Jr., Sub Broker afiliated to m /s. S S Kantilal Ishwarlal Shah Securiities Pvt. Ltd. in the matter of M/s. Ojas Technochem Products Limited

Press Release
Securities and Exchange Board of India
Jan 20, 2009
PR No.: 43/2009

PR No.43/2009

Order against M/s. Virendra Singh Bhandari Jr., Sub Broker

afiliated to M/s. S S Kantilal Ishwarlal Shah Securiities Pvt. Ltd.

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

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 censuring M/s. Virendra Singh Bhandari Jr., SEBI Registration No. INS 010529019, sub broker of M/s. S S Kantilal Ishwarlal Shah Securities Pvt. Ltd., to the effect that the sub broker should be careful in future and exercise due skill, care and diligence in the conduct of its affairs as a capital market intermediary. M/s Virendra Singh Bhandari Jr. has also been directed to note that any instances of violation or non-compliance of the SEBI Act and Rules and Regulations in future shall be dealt with stringently.

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

 

 

Mumbai

January 20, 2009