Market Operations - Investigation Department

Circular No. MCX-SX/ID/465/2010

October 28, 2010

SEBI order in the matter of Advik Laboratories Ltd.

SEBI vide its order no: WTM/PS/50/IVD/ID-1/OCT/2010 dated October 27, 2010 has, inter-alia, restrained Advik Laboratories Ltd. [PAN - AAACA8545R], Mr.V.K. Jain [PAN - AAGPJ4259E], Mr. Aditya Jain [PAN - AAGPJ4260R], Ms. Divya Jain [PAN - AGCPM0147L], Ms. Kumud Jain [PAN - AAIPJ5196J], Mr. Rajkumar Jain, Mr. Vivek Jain [PAN - AFBPJ9301D], Ms. Shivani Jain [PAN - ASOPB7742E] and Advik Finance and Properties Pvt. Ltd. [PAN - AAACA7209C] from buying, selling and dealing or accessing the securities market directly or indirectly in any manner whatsoever for a period of one year from the date of this order.

The order shall come into force with immediate effect.

The full text of the order is available on SEBI’s website [ www.sebi.gov.in ]. Members of the Exchange are advised to take note of the above and ensure compliance.

 

For and on behalf of
MCX Stock Exchange Ltd.

 

Ruchi Shukla
Senior Manager

 
 
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