To
All Trading Members of the Exchanges
Sub: Interim Order cum Show Cause Notice in the matter of Add-Shop E-Retail Limited and White Organics Agro Limited.
SEBI vide its order no. WTM/ASB/CFID/CFID-SEC6/30323/2024-25 dated May 06, 2024, has inter-alia issued following directions:
· Noticees 1 to 6 and 11 to 16, viz. Add-Shop E-Retail Limited, Mr. Dineshbhai Pandya, Mr. Dev Pandya, Mrs. Jayshree Pandya, Ms. Deviben Pandya, Mr. Jigar Pandya, Dada Organics Limited, White Organic Agro Limited, Mr. Prashantt Rupani, Mr. Darshak Rupani, Mr. Jitendra Mehta and Mr. Ronak Desai, are restrained from buying, selling or dealing in the securities market or associating themselves with the securities market, either directly or indirectly, in any manner whatsoever until further orders. If the entities have any open position in any exchange traded derivative contracts, as on the date of the order, they can close out /square off such open positions within 7 days from the date of this order. The entities are permitted to settle the pay-in and pay-out obligations in respect of transactions, if any, which have taken place before the close of trading on the date of this Order.
This Order is effective from the date of the order.
A copy of the said Order is attached herewith and available on the SEBI website www.sebi.gov.in.
Trading members are advised to take note of the same and ensure compliance.
Jeevan Noronha Shubham Benere
Regulatory Correspondence Regulatory Correspondence
Date: May 06, 2024 |