PR No.203/2010
Order in the matter of illegal trading - Dealings by Shri Bhadresh Sanghvi, Sub-Broker of M/s. Anand Rathi Share and Stock Brokers Limited
Shri M.S.Sahoo, Whole Time Member, SEBI, vide order dated August 30, 2010 has confirmed the direction issued in the ad interim ex-parte order dated December 21, 2009, restraining Shri Bhadresh Sanghvi (Trade Name: Arihant Investment), sub-broker, affiliated to M/s. Anand Rathi Share and Stock Brokers Limited, broker of National Stock Exchange of India Limited (NSE), from buying, selling or dealing in the securities market in any manner whatsoever or accessing the securities market, directly or indirectly, either for himself or for his clients.
The above direction shall be in force till the outcome of the inspection being carried out by SEBI.
The full text of the order is available on the website: www.sebi.gov.in
Mumbai
September 01, 2010