Order by SEBI in the matter of Shree Rama Multi-Tech

Mumbai, Jun 9 (UNI) Securities and Exchange Board of India (SEBI) has passed an order, dated June 6, restraining Shree Rama Multi-tech limited from accessing the securities market and prohibiting from buying, selling or dealing in securities, directly or indirectly for a period of five years.

The period of debarment, already undergone by the Company, shall be set-off from the period of debarment, as per the show cause notice dated October 14, 2003 issued to M/S Rambhai Patel, Hansraj Kanji and Prakash Trivedi stands disposed off without any directions, a release said today.

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