PR No. 5/2014

Order in the matter of dealing in the shares of Polytex India Ltd., KGN Enterprises Ltd. and Gemstone Investment Ltd.


Shri Rajeev Kumar Agarwal, Whole Time Member, SEBI, has passed an order dated January 07, 2014, confirming the ad interim directions issued vide order dated May 10, 2013, in respect of Mr. Jigar Praful Ghoghari, Mr. Kiran Bhiku Bhanaes, Mr. Jinal Apurval Rawal, Mr. Janak Chimanlal Dave, Mr. Dilipkumar Pukhraj Jain, Mr. Bhupesh Harischandra Rathod, Mr. Kishan Balaram Shigvan, Mr. Kiran Madhusudan Sheth  and M/S. Shree Shagun Financial Services, M/S. Oliwonders Financial Services, M/S Neevan Capital Markets Private Limited in the matter of dealing in the scrips of Polytex India Ltd, KGN Enterprises Ltd and Gemstone Investments Ltd 

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



Mumbai

January 08, 2014