PR No.188/2009
Consent Orders for Shri Ashok Bharadia and Shri Yash Golecha in the matter of Mazda Fabrics and Processors Limited
A Panel consisting of Whole Time Members, SEBI, Shri M.S. Sahoo and Dr. K. M. Abraham, has passed consent orders dated June 15, 2009, on the applications submitted by Shri Ashok Bharadia and Shri Yash Golecha in the matter of Mazda Fabrics and Processors Limited, in accordance with SEBI circular dated April 20,2007 for consent orders. The applicants have, remitted a sum of Rs.3,25,000/- (Rupees Three Lakh Twenty Five Thousand only) each towards the terms of consent in the matter and, also undertaken that they shall not buy, sell or deal in securities in any manner whatsoever, directly or indirectly, for a period of two years.
The orders shall come into force from June 18, 2009.
The full text of the orders is available on website www.sebi.gov.in
Mumbai
June 17, 2009