Miss Lucy
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Revocation Order in respect of Eco Friendly Food Processing Park Limited and Others

Securities And Exchange Board Of India6 September 2017

Ratio decidendi

The rule this decision rests on

Where an interim restraint was imposed pending investigation on prima facie findings, and the completed investigation does not observe violation of the SEBI Act or the PFUTP Regulations as against particular entities, the continuation of those interim directions is not justified, and they are to be revoked as against those entities. The revocation extends only to entities in respect of whom the investigation found no violation. Interim directions against entities in respect of whom violations were observed remain in force, and proceedings against them continue.

Written by Miss Lucy from the judgment below, not taken from a headnote.

Judgment

As delivered

WTM/SR/SEBI/EFD-DRA2/70/09/2017BEFORE THE SECURITIES AND EXCHANGE BOARD OF INDIA, MUMBAIS RAMAN, WHOLE TIME MEMBERORDERDIRECTIONS UNDER SECTIONS11(1),11(4) AND 11B OF THE SECURITIESAND EXCHANGE BOARD OF INDIA ACT, 1992 AND SECTION 12A OF THESECURITIES CONTRACTS (REGULATION) ACT, 1956 IN THE MATTER OFDEALINGS IN THE SHARES OF: -1. ECO FRIENDLY FOOD PROCESSING PARK LIMITED;2. ESTEEM BIO ORGANIC FOOD PROCESSING LIMITED;3. CHANNEL NINE ENTERTAINMENT LIMITED; AND4. HPC BIOSCIENCES LIMITED.

1. Securities and Exchange Board of India (hereinafter referred to as “SEBI”), vide ad interim ex parte orders dated June 29, 2015 ("the Order") read with corrigendum order dated January 04, 2016 (hereinafter collectively referred to as “interim orders”), inter alia, restrained 238 and 16 entities respectively from accessing the securities market and buying, selling or dealing in securities, either directly or indirectly, in any manner, till further directions. The said interim directions were issued, pending investigation, in the matter of dealing in the shares of Eco Friendly Food Processing Park Limited (hereinafter referred to as "Eco"), Esteem Bio Organic Food Processing Limited (hereinafter referred to as "Esteem"), Channel Nine Entertainment Limited (hereinafter referred to as "CNE") and HPC Biosciences Limited (hereinafter referred to as "HPC") [collectively referred to as "the scrips/the companies"].

2. The name of the entities against whom the interim orders were passed are as follows: Interim Order dated June 29, 2015: S. No. PAN Name Remarks Eco Friendly Food Processing 1 AACCE0416B Park Limited Company

Esteem Bio Organic Food 2 AAACE1925D Processing Limited Company Channel Nine Entertainment 3 AABCC8801H Limited Company 4 AABCH6762Q HPC Biosciences Limited Company 5 BEKPS1235N Gajraj Singh Promoter and Director of CNE 6 BBAPK7304P Mrs. Kirti Promoter and Director of CNE 7 Not available Dinesh Kumar Jindal Director of CNE 8 AUGPS4373N Neena Sood Director of CNE 9 AAXPS6830P Brij Kishore Sabharwal Promoter and Director of Eco and Esteem 10 AKOPB4144J Amar Singh Bisht Promoter of Eco and Esteem, and Director of Eco 11 AAAPG4116B Vinod Kumar Garg Director of Eco and Esteem 12 Not available Neeraj Mittal Director of Eco and Esteem 13 Not available Jai Kumar Director of Esteem 14 AGXPC3049G Tarun Chauhan Promoter and Director of HPC 15 AXTPA8813F Madhu Anand Promoter and Director of HPC 16 BLRPS4522G Sakshi Saxena Director of HPC 17 AAKPG5996K Arun Kumar Gupta Director of HPC 18 AAACA5715D Avisha Credit Capital Limited Funding Group Goldline International Finvest 19 AACCG6377M Limited Funding Group 20 AAECA8718H Ams Powertronic Private Limited Funding Group 21 AIJPD7329J Madhuker Dubey Funding Group 22 AWWPK8525E Satendra Kumar Funding Group 23 ARUPK1589P Sumit Kumar Funding Group *24 AXFPR4439L Ram Prakash Funding Group 25 AAFCM3716M Mayfair Infosolutions Pvt Ltd Funding Group 26 ARVPG7849R Prakash Gupta Funding Group 27 AATPS8461N Anil Sharma The entity is Preferential Allottee in the scrip of CNE 28 ALRPS8216N Shreyans Sankhwal The entity is Preferential Allottee in the scrip of CNE 29 APZPV0747H Prithvi Sudhir Vora The entity is Preferential Allottee in the scrip of CNE 30 AAAHO4138H Prakash Agarwal Om The entity is Pre IPO Transferee in the scrip of Eco Abhilasha Agarwal & Om 31 AAEPA7336D Prakash Agarwal The entity is Pre IPO Transferee in the scrip of Eco 32 AAIHS3951G Sanjay Agarwal Huf The entity is Pre IPO Transferee in the scrip of Eco The entity is Pre IPO Transferee in the scrip of Eco and 33 AAOPA4656L Rama Aggarwal Preferential Allottee in HPC 34 ABOPB8988M Ashok Batra The entity is Pre IPO Transferee in the scrip of Eco The entity is Pre IPO Transferee in the scrip of Eco and 35 ABVPA5824E Sarika Aggarwal Preferential Allottee in HPC Anshu Agarwal And Sanju 36 ACMPA2650C Agarwal The entity is Pre IPO Transferee in the scrip of Eco The entity is Pre IPO Transferee in the scrip of Eco and 37 ADQPA4236R Manju Aggarwal Preferential Allottee in HPC 38 AKFPG3695N Saurabh Gupta The entity is Pre IPO Transferee in the scrip of Eco 39 AABPI1183M Seemeen Ikram The entity is Pre IPO Transferee in the scrip of Esteem 40 AADPM9208K Mohammad Anwar The entity is Pre IPO Transferee in the scrip of Esteem 41 AAFPA8944E Rajeev Agarwal The entity is Pre IPO Transferee in the scrip of Esteem 42 AANPJ1166B Sandeep Jain The entity is Pre IPO Transferee in the scrip of Esteem 43 ACBPJ3957A Arun Kumar Jain The entity is Pre IPO Transferee in the scrip of Esteem 44 ACQPA9417R Nikita Agarwal The entity is Pre IPO Transferee in the scrip of Esteem 45 AEHPT6622C Tarannum Aamer The entity is Pre IPO Transferee in the scrip of Esteem 46 AFCPS4314N Deepti Singhal The entity is Pre IPO Transferee in the scrip of Esteem 47 AHGPB1747A Munesh Bansal The entity is Pre IPO Transferee in the scrip of Esteem 48 BBWPS2176R Naz Shazia The entity is Pre IPO Transferee in the scrip of Esteem 49 AAEPK3805B Parveen Kumar The entity is Pre IPO Transferee in the scrip of HPC 50 AAHPG1456D Sanjeev Gupta The entity is Pre IPO Transferee in the scrip of HPC 51 AAHPG8607Q Vikas Gupta The entity is Pre IPO Transferee in the scrip of HPC

52 AAIPP1301R Neeraj Prakash The entity is Pre IPO Transferee in the scrip of HPC 53 AAJPK2929F Virender Kumar The entity is Pre IPO Transferee in the scrip of HPC 54 AALHA3711R Amit Goyal Huf The entity is Pre IPO Transferee in the scrip of HPC 55 AALHM9796E Manish Kataria The entity is Pre IPO Transferee in the scrip of HPC 56 AALPD0474G Satish Kumar Dhawan The entity is Pre IPO Transferee in the scrip of HPC 57 AAMPG5487F Namita Gupta The entity is Pre IPO Transferee in the scrip of HPC 58 AAQPJ4605G Jai Kishan Jakhodia The entity is Pre IPO Transferee in the scrip of HPC 59 AARPS2666K Ramesh Chandra Saraf The entity is Pre IPO Transferee in the scrip of HPC 60 AAUPS2341G Madhu Saraf The entity is Pre IPO Transferee in the scrip of HPC 61 AAXPB4882G Pardeep Bhatia The entity is Pre IPO Transferee in the scrip of HPC 62 ABBPD5416D Daropati Devi The entity is Pre IPO Transferee in the scrip of HPC 63 ABCPS0077L Jagat Singh The entity is Pre IPO Transferee in the scrip of HPC 64 ABCPS0078F Reena Kumari The entity is Pre IPO Transferee in the scrip of HPC 65 ABFPK4763L Ajay Kumar The entity is Pre IPO Transferee in the scrip of HPC 66 ABJPG7690J Rajesh Gaba The entity is Pre IPO Transferee in the scrip of HPC 67 ABWPF2577J Mohd Faiq The entity is Pre IPO Transferee in the scrip of HPC 68 ACBPA6440P Archana Agarwal The entity is Pre IPO Transferee in the scrip of HPC 69 ACBPA6443Q Deepak Agarwal The entity is Pre IPO Transferee in the scrip of HPC 70 ACEPK7596D Rshmi Kataria The entity is Pre IPO Transferee in the scrip of HPC 71 ACMPG5924D Dinesh Gaba The entity is Pre IPO Transferee in the scrip of HPC 72 acmpg5926b Anita Rani The entity is Pre IPO Transferee in the scrip of HPC 73 AFHPB4072M Nitin Kumar Bardia The entity is Pre IPO Transferee in the scrip of HPC 74 AGDPP7573L Nandini Pansari The entity is Pre IPO Transferee in the scrip of HPC 75 AGFPK0518G Anita Kukreja The entity is Pre IPO Transferee in the scrip of HPC 76 AGFPK0519H Renu Kukerja The entity is Pre IPO Transferee in the scrip of HPC 77 AGRPC3451C Gaurav Chandra The entity is Pre IPO Transferee in the scrip of HPC 78 AGYPG5066C Inder Jeet Gaba The entity is Pre IPO Transferee in the scrip of HPC 79 AGYPP5247Q Mridu Prakash The entity is Pre IPO Transferee in the scrip of HPC 80 AHWPK6613J Bhag Kataria The entity is Pre IPO Transferee in the scrip of HPC 81 AIHPC0099A Vipul Chandra The entity is Pre IPO Transferee in the scrip of HPC 82 AIMPB9015E Nikesh Bardia The entity is Pre IPO Transferee in the scrip of HPC 83 AIVPJ9518R Bhawna Aggarwal The entity is Pre IPO Transferee in the scrip of HPC 84 AKEPG4655R Yogesh Gaba The entity is Pre IPO Transferee in the scrip of HPC 85 AMGPM9259F Virender Pal Singh Mainee The entity is Pre IPO Transferee in the scrip of HPC 86 AMNPJ8901E Sagar Jain The entity is Pre IPO Transferee in the scrip of HPC 87 AMQPA5671D Ankit Agarwal The entity is Pre IPO Transferee in the scrip of HPC 88 AODPS9750A Deepa Sejwal The entity is Pre IPO Transferee in the scrip of HPC 89 AOEPK7545Q Vidushi Kothari The entity is Pre IPO Transferee in the scrip of HPC 90 AQXPS1846B Tejpal Singh Sejwal The entity is Pre IPO Transferee in the scrip of HPC 91 AUKPC5480A Ekas Chhabra The entity is Pre IPO Transferee in the scrip of HPC 92 AVBPS6306D Divjot Singh The entity is Pre IPO Transferee in the scrip of HPC 93 AYIPA9888Q Kritika Asseja The entity is Pre IPO Transferee in the scrip of HPC 94 AZKPC1170A Lokesh Chandna The entity is Pre IPO Transferee in the scrip of HPC 95 AAEPR5593F Rajeshwari The entity is Preferential Allottee in the scrip of CNE 96 AAFHA5045Q Ajay Kumar Huf The entity is Preferential Allottee in the scrip of CNE 97 AAGPA8954P Sudhir Agarwal The entity is Preferential Allottee in the scrip of CNE 98 AAGPB1427L V Balsubramaniam The entity is Preferential Allottee in the scrip of CNE 99 AAGPK0723L Sanjay Kariwala The entity is Preferential Allottee in the scrip of CNE 100 AAHPS9299N Manoj Singhal The entity is Preferential Allottee in the scrip of CNE 101 AAIPA4256C Manju Anup Agarwal The entity is Preferential Allottee in the scrip of CNE 102 AAKPG4084E Vinita Gupta' The entity is Preferential Allottee in the scrip of CNE 103 AAXPS1493G Kapil Sachdeva The entity is Preferential Allottee in the scrip of CNE 104 AAXPS1700Q Gauravsachdeva The entity is Preferential Allottee in the scrip of CNE 105 ABGPS0921H Rajan Sahni The entity is Preferential Allottee in the scrip of CNE 106 ABGPS0922E Navin Sahni The entity is Preferential Allottee in the scrip of CNE 107 ABIPS4714N Arun Sankhwal The entity is Preferential Allottee in the scrip of CNE 108 ABIPS4715P Madhu Sankhwal The entity is Preferential Allottee in the scrip of CNE 109 ABVPG2657B Ashokh Garg The entity is Preferential Allottee in the scrip of CNE

110 ABXPH1788A Sukhinder Singh Hooda The entity is Preferential Allottee in the scrip of CNE 111 ACDPA3515B Gaurav Arya The entity is Preferential Allottee in the scrip of CNE 112 ACNPT4287B Chetan Kunverjibhai Thakkar The entity is Preferential Allottee in the scrip of CNE 113 ADJPR7115B Vikas Raj The entity is Preferential Allottee in the scrip of CNE 114 ADNPA7732P Kailash Chandra Agarwal The entity is Preferential Allottee in the scrip of CNE 115 AHFPG7290J Vikas Goyal The entity is Preferential Allottee in the scrip of CNE 116 AHIPG6452D Neeru Ashish Garg The entity is Preferential Allottee in the scrip of CNE 117 AJZPM7650C Sushant Muttreja The entity is Preferential Allottee in the scrip of CNE 118 AOOPK2220E Bhupinder Kaur The entity is Preferential Allottee in the scrip of CNE 119 ARJPS5757N Sarika Sankhwal The entity is Preferential Allottee in the scrip of CNE 120 ARRPS5413M Harcharan Singh The entity is Preferential Allottee in the scrip of CNE 121 AAAPN2282K Sandeep Narang The entity is Preferential Allottee in the scrip of Eco 122 AABPA7646R Ahmad Sadat The entity is Preferential Allottee in the scrip of Eco 123 AADPG5893L Kaushalya Garg The entity is Preferential Allottee in the scrip of Eco 124 AAGPJ0443E Rajesh Jain The entity is Preferential Allottee in the scrip of Eco 125 AAIPG1121A Monika Goel The entity is Preferential Allottee in the scrip of Eco 126 AAMHS1255B Sanjeev Tandon (Huf) The entity is Preferential Allottee in the scrip of Eco 127 AAPPG3572L Rakesh Kumar Goel The entity is Preferential Allottee in the scrip of Eco 128 ABHPB1469L Munish Bajaj The entity is Preferential Allottee in the scrip of Eco 129 ACKPN0439N Anuj Nagpal The entity is Preferential Allottee in the scrip of Eco 130 ACQPD4748N Umesh Kumar Danwani The entity is Preferential Allottee in the scrip of Eco 131 ACTPN4363Q Anu Nagpal The entity is Preferential Allottee in the scrip of Eco 132 ADAPA8647A Mohammad Aamer The entity is Preferential Allottee in the scrip of Eco 133 AEOPB3108E Bharti Batra The entity is Preferential Allottee in the scrip of Eco 134 AETPG1792C Navel Kishore Gupta The entity is Preferential Allottee in the scrip of Eco 135 AGKPG9668A Jagdish Chand Gupta The entity is Preferential Allottee in the scrip of Eco 136 AIMPB4769K Sushma Bajaj The entity is Preferential Allottee in the scrip of Eco Mukul Gupta & Satish Kumar 137 ALAPG3350L Gupta The entity is Preferential Allottee in the scrip of Eco 138 AMQPN9019G Prateek Nagpal The entity is Preferential Allottee in the scrip of Eco 139 AMTPN9992M Abheek Nagpal The entity is Preferential Allottee in the scrip of Eco 140 AQBPN5620N Tanya Narang The entity is Preferential Allottee in the scrip of Eco 141 AACPC7067R Rajesh Chawla The entity is Preferential Allottee in the scrip of Esteem 142 AACPC7068A Mukesh Chawla The entity is Preferential Allottee in the scrip of Esteem 143 AADHP4727Q Pawan Kumar Singhal Huf The entity is Preferential Allottee in the scrip of Esteem 144 AADPV5705E Sanjeev Verma The entity is Preferential Allottee in the scrip of Esteem 145 AAHPG5906C Tarsem Chand Gupta The entity is Preferential Allottee in the scrip of Esteem 146 AAHPG5907D Neelam Gupta The entity is Preferential Allottee in the scrip of Esteem 147 AAMPG7571Q Ram Avtar Gupta The entity is Preferential Allottee in the scrip of Esteem 148 AAMPM2657F Riaz Munshi The entity is Preferential Allottee in the scrip of Esteem 149 AAPPG2434D Satinder Paul Gupta The entity is Preferential Allottee in the scrip of Esteem 150 ABAPS5155K Sudarshan Kumar Sachdeva The entity is Preferential Allottee in the scrip of Esteem 151 ABAPS5157M Vijay Laxmi Sachdeva The entity is Preferential Allottee in the scrip of Esteem 152 ABBPS5022Q Sanjay Sachdeva The entity is Preferential Allottee in the scrip of Esteem 153 ABKPH4283M Mohit Hissaria The entity is Preferential Allottee in the scrip of Esteem 154 ABTPS0061P Reeta Singhal The entity is Preferential Allottee in the scrip of Esteem 155 ACDPR7654N Atma Ram Khatri The entity is Preferential Allottee in the scrip of Esteem 156 ACXPK2323H Ajay Kumar Katta The entity is Preferential Allottee in the scrip of Esteem 157 ADMPK9802D Hira Lal Khatri The entity is Preferential Allottee in the scrip of Esteem 158 ADNPK1527C Pawankumar Singhal The entity is Preferential Allottee in the scrip of Esteem 159 ADUPG2221J Minakshi Gupta The entity is Preferential Allottee in the scrip of Esteem 160 AEEPG7895K Nitin Kumar Gupta The entity is Preferential Allottee in the scrip of Esteem 161 AEFPG8410F Savita Gupta The entity is Preferential Allottee in the scrip of Esteem 162 AETPG5835L Priya Gupta The entity is Preferential Allottee in the scrip of Esteem 163 AGMPG0589J Sahil Gupta The entity is Preferential Allottee in the scrip of Esteem 164 AHEPK0574C Pawan Kansal The entity is Preferential Allottee in the scrip of Esteem 165 AICPK7883R Poonam Kansal The entity is Preferential Allottee in the scrip of Esteem 166 AIEPG1462E Prateek Gupta The entity is Preferential Allottee in the scrip of Esteem

167 AIKPG3052G Nishil Gupta The entity is Preferential Allottee in the scrip of Esteem 168 AJUPS9413N Satya Narain Saria The entity is Preferential Allottee in the scrip of Esteem The entity is Preferential Allottee in the scrip of Esteem 169 AQOPS2031B Anil Sachdeva and CNE. 170 ATEPG0959P Vibhor Gupta The entity is Preferential Allottee in the scrip of Esteem 171 ATEPG8202F Vanshika Gupta The entity is Preferential Allottee in the scrip of Esteem 172 BKEPS8583H Ekta Sachdeva The entity is Preferential Allottee in the scrip of Esteem 173 CGPPS3517P Akansha Singhal The entity is Preferential Allottee in the scrip of Esteem 174 DNUPS8667F Urvashi Sachdeva The entity is Preferential Allottee in the scrip of Esteem 175 AAAPJ3918J Sangeeta Devi The entity is Preferential Allottee in the scrip of HPC 176 AACCM0442K Moran Plantation Pvt Ltd The entity is Preferential Allottee in the scrip of HPC 177 AACCP2436Q Parasramka Holdings (P) Limited The entity is Preferential Allottee in the scrip of HPC 178 AAFPJ7614L Ankur Jain The entity is Preferential Allottee in the scrip of HPC 179 AAGHD6153D Sanjay Goyal Huf The entity is Preferential Allottee in the scrip of HPC 180 AAHPR9561N Urmil Rathi The entity is Preferential Allottee in the scrip of HPC 181 AAKPB9944J Rajesh Bajaj The entity is Preferential Allottee in the scrip of HPC 182 AAKPB9945K Rajiv Bajaj The entity is Preferential Allottee in the scrip of HPC 183 AALPA1253A Sourabh Aggarwal The entity is Preferential Allottee in the scrip of HPC 184 AAOPA4653R Satya Aggarwal The entity is Preferential Allottee in the scrip of HPC 185 AAOPA4654J Rajan Aggarwal The entity is Preferential Allottee in the scrip of HPC 186 AAOPA4655K Kamla Aggarwal The entity is Preferential Allottee in the scrip of HPC 187 AATPG4540L Sanjeev Kishore Gupta The entity is Preferential Allottee in the scrip of HPC 188 ABCPM0456H Anuj Maheshwari The entity is Preferential Allottee in the scrip of HPC 189 ABHPM7083M Sangeeta Naresh Mittal The entity is Preferential Allottee in the scrip of HPC 190 ABHPT6904C Jayanaben Nayanbhai Thakkar The entity is Preferential Allottee in the scrip of HPC 191 ABRPG5287F Vijendra Goyal The entity is Preferential Allottee in the scrip of HPC 192 ABUPG0904C Geeta Gupta The entity is Preferential Allottee in the scrip of HPC 193 ACJPA8351R Mohd.

Arif The entity is Preferential Allottee in the scrip of HPC 194 ADDPJ5506C Abhishek Jain The entity is Preferential Allottee in the scrip of HPC 195 ADIPV6705E Vinita The entity is Preferential Allottee in the scrip of HPC 196 ADQPV7816E Bimla Vij The entity is Preferential Allottee in the scrip of HPC 197 ADVPJ1356J Suresh Chand Jain The entity is Preferential Allottee in the scrip of HPC 198 AEAPG2172B Pulkit Gupta The entity is Preferential Allottee in the scrip of HPC 199 AEQPM1717C Surekha Ashok Mittal The entity is Preferential Allottee in the scrip of HPC 200 AEWPA2450G Anchal Rathi The entity is Preferential Allottee in the scrip of HPC 201 AFBPA0663F Anjana Garg The entity is Preferential Allottee in the scrip of HPC 202 AFOPG8341M Gaurav Gupta The entity is Preferential Allottee in the scrip of HPC 203 AGPPK4328L Sunil Kumar The entity is Preferential Allottee in the scrip of HPC 204 AGYPG1226G Shalini Gupta The entity is Preferential Allottee in the scrip of HPC 205 AHPPA6148R Simpi Agarwal The entity is Preferential Allottee in the scrip of HPC 206 AHVPA2998M Urvashi Ahalawat The entity is Preferential Allottee in the scrip of HPC 207 AHWPM2448P Shweta Rathi The entity is Preferential Allottee in the scrip of HPC 208 ALCPA3324L Rishab The entity is Preferential Allottee in the scrip of HPC 209 ASPPS3078P Shaleen Kumar Singh The entity is Preferential Allottee in the scrip of HPC 210 BUFPK8522D Khushboo Kanodia The entity is Preferential Allottee in the scrip of HPC 211 CLFPK3259R Nischint Kanodia The entity is Preferential Allottee in the scrip of HPC 212 CWYPS1114B Rahul Solanki The entity is Preferential Allottee in the scrip of HPC 213 AAACC2840D Core Capital Services Limited Trading Group *214 AXFPR4439L Ram Prakash Trading Group 215 AAKCA4090M Aavia Buildtech Private Limited Trading Group 216 AKFPV6256L Ashvin Verma Trading Group 217 ASPPV7875F Sunila Rai Verma Trading Group 218 APJPK8855K Pawan Kumar Kaul Trading Group 219 AALCS3282L Surya Medi Tech Limited Trading Group Steady Capital Advisory Sercices 220 AATCS2130B Private Limited Trading Group 221 DWOPS8186Q Amit Kumar Saxena Trading Group

Accurate Buildwell Private 222 AAGCA4053L Limited Trading Group 223 AAICA0771D Ahuja Metalloys Private Limited Trading Group 224 AABCL3306N Lunar Builders Pvt. Ltd. Trading Group 225 AAFCM1482Q Master Piece Infocom Pvt. Ltd. Trading Group Sure Portfolio Services Private 226 AATCS2129L Limited Trading Group River High Right Share Brokers 227 AAGCR2643P Private Limited Trading Group 228 AAICM3230H Murlidhargiri Trading Pvt. Ltd. Trading Group Trucklink Vinmay Trading 229 AAECT4670L Private Limited Trading Group 230 AADCC2898Q Century Buildmart Pvt. Ltd. Trading Group 231 DRUPS8079D Stallion Trading Co. Prop. Sapna Trading Group 232 AJKPY8234D Vishal Yadav Trading Group 233 AADCB3034D Blue Star Impex Private Limited Trading Group Mahashiv Metal And Alloys 234 AAFCM3345L Private Limited Trading Group 235 APBPK8097B Jai Kishan Trading Group 236 AKEPG0828N Shankar Lal Gupta Trading Group 237 AABCU4900D Unite Buildcreate Private Limited Trading Group 238 AETPG3006K Baidya Nath Gupta Trading Group 239 AEKPK6751Q Santosh Kumar Trading Group *One entity namely Mr. Ram Prakash was common in funding group as well as trading group

Corrigendum order dated January 04, 2016 S. No. PAN Name Remarks 1 AFKPJ4680C Asifa Jamal The entity is Preferential Allottee in the scrip of HPC 2 AQNPG3627J Dhruv Gabba The entity is Pre IPO Transferee in the scrip of HPC Gaurav Garg & Family 3 AAEHG6995E Huf The entity is Preferential Allottee in the scrip of HPC Jitendra 4 ABXPP2739D Ranchhodbhai Patel The entity is Preferential Allottee in the scrip of HPC 5 ACCPG9426C Naveen Goel The entity is Preferential Allottee in the scrip of HPC Nidhi Goel And 6 AAJPG3068K Chetan Prakash Goel The entity is Preferential Allottee in the scrip of HPC 7 AAKPB9948E Rakesh Bajaj The entity is Preferential Allottee in the scrip of HPC 8 AGBPG6077E Seema Goel The entity is Preferential Allottee in the scrip of HPC 9 ACTPK8257G Sharwan Kumar The entity is Preferential Allottee in the scrip of HPC 10 AALPG0528Q Naveen Gupta The entity is Preferential Allottee in the scrip of CNE 11 AACHD5831J Dinesh Agarwal H U F The entity is Preferential Allottee in the scrip of CNE 12 AOOPK2217F Kuljeet Kaur The entity is Preferential Allottee in the scrip of CNE 13 ARRPS5403K Gurcharan Singh The entity is Preferential Allottee in the scrip of CNE 14 AAEPR5594C Uma B Ramesh The entity is Preferential Allottee in the scrip of CNE 15 ASRPG5473A Abhishek Gupta The entity is Preferential Allottee in the scrip of CNE 16 AAAPA2152R Manvi Goenka The entity is Preferential Allottee in the scrip of CNE

3. The directions issued vide the ad interim ex parte order dated June 29, 2015 read with Corrigendum Order dated January 04, 2016 were confirmed vide orders dated February 17, 2016, June 14, 2016, August 25, 2016, October 27, 2016 and June 15, 2017 except for certain specific reliefs provided to certain entities. 4. Subsequent to the interim orders, an Investigation was carried out to look into the role of debarred entities in price manipulation and IPO manipulation of the scrips. Upon completion of investigation, violation of provisions of SEBI Act, 1992 (SEBI Act) and SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003 (PFUTP Regulations) are not observed in respect of following 216 entities against whom directions were issued vide the interim orders. The details of the entities against whom the prima facie findings are not observed in the Investigation report are as under: S. No. PAN Name Status Scrip 1 AAAPJ3918J Sangeeta Devi Preferential Allottee HPC 2 AACCM0442K Moran Plantation Pvt Ltd Preferential Allottee HPC 3 AACCP2436Q Parasramka Holdings Pvt. Ltd. Preferential Allottee HPC 4 AAEPK3805B Parveen Kumar Pre-IPO Transferee HPC 5 AAFPJ7614L Ankur Jain Preferential Allottee HPC 6 AAGHD6153D Sanjay Goyal Huf Preferential Allottee HPC 7 AAHPG1456D Sanjeev Gupta Pre-IPO Transferee HPC 8 AAHPG8607Q Vikas Gupta Pre-IPO Transferee HPC 9 AAHPR9561N Urmil Rathi Preferential Allottee HPC 10 AAIPP1301R Neeraj Prakash Pre-IPO Transferee HPC 11 AAJPK2929F Virender Kumar Pre-IPO Transferee HPC 12 AAKPB9944J Rajesh Bajaj Preferential Allottee HPC 13 AAKPB9945K Rajiv Bajaj Preferential Allottee HPC 14 AALHA3711R Amit Goyal Huf Pre-IPO Transferee HPC 15 AALHM9796E Manish Kataria Pre-IPO Transferee HPC 16 AALPA1253A Sourabh Aggarwal Preferential Allottee HPC 17 AALPD0474G Satish Kumar Dhawan Pre-IPO Transferee HPC 18 AAMPG5487F Namita Gupta Pre-IPO Transferee HPC 19 AAOPA4653R Satya Aggarwal Preferential Allottee HPC 20 AAOPA4654J Rajan Aggarwal Preferential Allottee HPC 21 AAOPA4655K Kamla Aggarwal Preferential Allottee HPC 22 AAOPA4656L Rama Aggarwal Pre-IPO Transferee Eco Preferential Allottee HPC 23 AAQPJ4605G Jai Kishan Jakhodia Pre-IPO Transferee HPC 24 AARPS2666K Ramesh Chandra Saraf Pre-IPO Transferee HPC 25 AATPG4540L Sanjeev Kishore Gupta Preferential Allottee HPC 26 AAUPS2341G Madhu Saraf Pre-IPO Transferee HPC 27 AAXPB4882G Pardeep Bhatia Pre-IPO Transferee HPC 28 ABBPD5416D Daropati Devi Pre-IPO Transferee HPC 29 ABCPM0456H Anuj Maheshwari Preferential Allottee HPC 30 ABCPS0077L Jagat Singh Pre-IPO Transferee HPC 31 ABCPS0078F Reena Kumari Pre-IPO Transferee HPC 32 ABFPK4763L Ajay Kumar Pre-IPO Transferee HPC 33 ABHPM7083M Sangeeta Naresh Mittal Preferential Allottee HPC 34 ABHPT6904C Jayanaben Nayanbhai Thakkar Preferential Allottee HPC 35 ABJPG7690J Rajesh Gaba IPO Transferee HPC 36 ABRPG5287F Vijendra Goyal Preferential Allottee HPC 37 ABUPG0904C Geeta Gupta Preferential Allottee HPC 38 ABVPA5824E Sarika Aggarwal Pre-IPO Transferee Eco Preferential Allottee HPC 39 ABWPF2577J Mohd Faiq Pre-IPO Transferee HPC 40 ACBPA6440P Archana Agarwal Pre-IPO Transferee HPC 41 ACBPA6443Q Deepak Agarwal Pre-IPO Transferee HPC

42 ACEPK7596D Rshmi Kataria Pre-IPO Transferee HPC 43 ACJPA8351R Mohd. Arif Preferential Allottee HPC 44 ACMPG5924D Dinesh Gaba Pre-IPO Transferee HPC 45 acmpg5926b Anita Rani Pre-IPO Transferee HPC 46 ADDPJ5506C Abhishek Jain Preferential Allottee HPC 47 ADIPV6705E Vinita Preferential Allottee HPC 48 ADQPA4236R Manju Aggarwal Pre-IPO Transferee Eco Preferential Allottee HPC 49 ADQPV7816E BimlaVij Preferential Allottee HPC 50 ADVPJ1356J Suresh Chand Jain Preferential Allottee HPC 51 AEAPG2172B Pulkit Gupta Preferential Allottee HPC 52 AEQPM1717C Surekha Ashok Mittal Preferential Allottee HPC 53 AEWPA2450G Anchal Rathi Preferential Allottee HPC 54 AFBPA0663F Anjana Garg Preferential Allottee HPC 55 AFHPB4072M Nitin Kumar Bardia Pre-IPO Transferee HPC 56 AFOPG8341M Gaurav Gupta Preferential Allottee HPC 57 AGDPP7573L Nandini Pansari Pre-IPO Transferee HPC 58 AGFPK0518G Anita Kukreja Pre-IPO Transferee HPC 59 AGFPK0519H Renu Kukerja Pre-IPO Transferee HPC 60 AGPPK4328L Sunil Kumar Preferential Allottee HPC 61 AGRPC3451C Gaurav Chandra Pre-IPO Transferee HPC 62 AGYPG1226G Shalini Gupta Preferential Allottee HPC 63 AGYPG5066C InderJeet Gaba Pre-IPO Transferee HPC 64 AGYPP5247Q Mridu Prakash Pre-IPO Transferee HPC 65 AHPPA6148R Simpi Agarwal Preferential Allottee HPC 66 AHVPA2998M Urvashi Ahalawat Preferential Allottee HPC 67 AHWPK6613J Bhag Kataria Pre-IPO Transferee HPC 68 AHWPM2448P Shweta Rathi Preferential Allottee HPC 69 AIHPC0099A Vipul Chandra Pre-IPO Transferee HPC 70 AIMPB9015E Nikesh Bardia Pre-IPO Transferee HPC 71 AIVPJ9518R Bhawna Aggarwal Pre-IPO Transferee HPC 72 AKEPG4655R Yogesh Gaba Pre-IPO Transferee HPC 73 ALCPA3324L Rishab Preferential Allottee HPC 74 AMGPM9259F Virender Pal Singh Mainee Pre-IPO Transferee HPC 75 AMNPJ8901E Sagar Jain Pre-IPO Transferee HPC 76 AMQPA5671D Ankit Agarwal Pre-IPO Transferee HPC 77 AODPS9750A Deepa Sejwal Pre-IPO Transferee HPC 78 AOEPK7545Q Vidushi Kothari Pre-IPO Transferee HPC 79 AQXPS1846B Tejpal Singh Sejwal Pre-IPO Transferee HPC 80 ASPPS3078P Shaleen Kumar Singh Preferential Allottee HPC 81 AUKPC5480A Ekas Chhabra Pre-IPO Transferee HPC 82 AVBPS6306D Divjot Singh Pre-IPO Transferee HPC 83 AYIPA9888Q Kritika Asseja Pre-IPO Transferee HPC 84 AZKPC1170A Lokesh Chandna Pre-IPO Transferee HPC 85 BUFPK8522D Khushboo Kanodia Preferential Allottee HPC 86 CLFPK3259R Nischint Kanodia Preferential Allottee HPC 87 CWYPS1114B Rahul Solanki Preferential Allottee HPC 88 AFKPJ4680C Asifa Jamal Preferential Allottee HPC 89 AQNPG3627J Dhruv Gabba Pre-IPO Transferee HPC 90 AAEHG6995E Gaurav Garg& Family Huf Preferential Allottee HPC 91 ABXPP2739D Jitendra Ranchhodbhai Patel Preferential Allottee HPC 92 ACCPG9426C Naveen Goel Preferential Allottee HPC 93 AAJPG3068K NidhiGoel And Chetan Prakash Goel Preferential Allottee HPC 94 AAKPB9948E Rakesh Bajaj Preferential Allottee HPC 95 AGBPG6077E Seema Goel Preferential Allottee HPC 96 ACTPK8257G Sharwan Kumar Preferential Allottee HPC

97 AAEPR5593F Rajeshwari Preferential Allottee CNE 98 AAFHA5045Q Ajay Kumar Huf Preferential Allottee CNE 99 AAGPA8954P Sudhir Agarwal Preferential Allottee CNE 100 AAGPB1427L V Balsubramaniam Preferential Allottee CNE 101 AAGPK0723L Sanjay Kariwala Preferential Allottee CNE 102 AAHPS9299N Manoj Singhal Preferential Allottee CNE 103 AAIPA4256C Manju Anup Agarwal Preferential Allottee CNE 104 AAKPG4084E Vinita Gupta' Preferential Allottee CNE 105 AATPS8461N Anil sharma Preferential Allottee CNE 106 AAXPS1493G Kapil Sachdeva Preferential Allottee CNE 107 AAXPS1700Q Gaurav Sachdeva Preferential Allottee CNE 108 ABGPS0921H Rajan Sahni Preferential Allottee CNE 109 ABGPS0922E Navin Sahni Preferential Allottee CNE 110 ABIPS4714N Arun Sankhwal Preferential Allottee CNE 111 ABIPS4715P Madhu Sankhwal Preferential Allottee CNE 112 ABVPG2657B Ashokh Garg Preferential Allottee CNE 113 ABXPH1788A Sukhinder Singh Hooda Preferential Allottee CNE 114 ACDPA3515B Gaurav Arya Preferential Allottee CNE 115 ACNPT4287B Chetan Kunverjibhai Thakkar Preferential Allottee CNE 116 ADJPR7115B Vikas Raj Preferential Allottee CNE 117 ADNPA7732P Kailash Chandra Agarwal Preferential Allottee CNE 118 AHFPG7290J Vikas Goyal Preferential Allottee CNE 119 AHIPG6452D Neeru Ashish Garg Preferential Allottee CNE 120 AJZPM7650C Sushant Muttreja Preferential Allottee CNE 121 ALRPS8216N Shreyans Sankhwal Preferential Allottee CNE 122 AOOPK2220E Bhupinder Kaur Preferential Allottee CNE 123 APZPV0747H Prithvi Sudhir Vora Preferential Allottee CNE 124 ARJPS5757N Sarika Sankhwal Preferential Allottee CNE 125 ARRPS5413M Harcharan Singh Preferential Allottee CNE 126 AALPG0528Q Naveen Gupta Preferential Allottee CNE 127 AACHD5831J Dinesh Agarwal H U F Preferential Allottee CNE 128 AOOPK2217F Kuljeet Kaur Preferential Allottee CNE 129 ARRPS5403K Gurcharan Singh Preferential Allottee CNE 130 AAEPR5594C Uma B Ramesh Preferential Allottee CNE 131 ASRPG5473A Abhishek Gupta Preferential Allottee CNE 132 AAAPA2152R Manvi Goenka Preferential Allottee CNE 133 AABPI1183M Seemeen Ikram Pre-IPO Transferee Esteem 134 AACPC7067R Rajesh Chawla Preferential Allottee Esteem 135 AACPC7068A Mukesh Chawla Preferential Allottee Esteem 136 AADHP4727Q Pawan Kumar Singhal Huf Preferential Allottee Esteem 137 AADPM9208K Mohammad Anwar Pre-IPO Transferee Esteem 138 AADPV5705E Sanjeev Verma Preferential Allottee Esteem 139 AAFPA8944E Rajeev Agarwal Pre-IPO Transferee Esteem 140 AAHPG5906C Tarsem Chand Gupta Preferential Allottee Esteem 141 AAHPG5907D Neelam Gupta Preferential Allottee Esteem 142 AAMPG7571Q Ram Avtar Gupta Preferential Allottee Esteem 143 AAMPM2657F Riaz Munshi Preferential Allottee Esteem 144 AANPJ1166B Sandeep Jain Pre-IPO Transferee Esteem 145 AAPPG2434D Satinder Paul Gupta Preferential Allottee Esteem 146 ABAPS5155K Sudarshan Kumar Sachdeva Preferential Allottee Esteem 147 ABAPS5157M Vijay Laxmi Sachdeva Preferential Allottee Esteem 148 ABBPS5022Q Sanjay Sachdeva Preferential Allottee Esteem 149 ABKPH4283M Mohit Hissaria Preferential Allottee Esteem 150 ABTPS0061P Reeta Singhal Preferential Allottee Esteem 151 ACBPJ3957A Arun Kumar Jain Pre-IPO Transferee Esteem 152 ACDPR7654N Atma Ram Khatri Preferential Allottee Esteem 153 ACQPA9417R Nikita Agarwal Pre-IPO Transferee Esteem

154 ACXPK2323H Ajay Kumar Katta Preferential Allottee Esteem 155 ADMPK9802D Hira Lal Khatri Preferential Allottee Esteem 156 ADNPK1527C Pawankumar Singhal Preferential Allottee Esteem 157 ADUPG2221J Minakshi Gupta Preferential Allottee Esteem 158 AEEPG7895K Nitin Kumar Gupta Preferential Allottee Esteem 159 AEFPG8410F Savita Gupta Preferential Allottee Esteem 160 AEHPT6622C Tarannum Aamer Pre-IPO Transferee Esteem 161 AETPG5835L Priya Gupta Preferential Allottee Esteem 162 AFCPS4314N Deepti Singhal Pre-IPO Transferee Esteem 163 AGMPG0589J Sahil Gupta Preferential Allottee Esteem 164 AHEPK0574C Pawan Kansal Preferential Allottee Esteem 165 AHGPB1747A Munesh Bansal Pre-IPO Transferee Esteem 166 AICPK7883R Poonam Kansal Preferential Allottee Esteem 167 AIEPG1462E Prateek Gupta Preferential Allottee Esteem 168 AIKPG3052G Nishil Gupta Preferential Allottee Esteem 169 AJUPS9413N Satya Narain Saria Preferential Allottee Esteem 170 AQOPS2031B Anil Sachdeva Preferential Allottee Esteem/ CNE 171 ATEPG0959P Vibhor Gupta Preferential Allottee Esteem 172 ATEPG8202F Vanshika Gupta Preferential Allottee Esteem 173 BBWPS2176R Naz Shazia Pre-IPO Transferee Esteem 174 BKEPS8583H Ekta Sachdeva Preferential Allottee Esteem 175 CGPPS3517P Akansha Singhal Preferential Allottee Esteem 176 DNUPS8667F Urvashi Sachdeva Preferential Allottee Esteem 177 AAAHO4138H Prakash Agarwal Om Pre-IPO Transferee Eco 178 AAAPN2282K Sandeep Narang Preferential Allottee Eco 179 AABPA7646R Ahmad Sadat ** Preferential Allottee Eco 180 AADPG5893L Kaushalya Garg Preferential Allottee Eco 181 AAEPA7336D Abhilasha Agarwal & Om Prakash Pre-IPO Transferee Eco Agarwal 182 AAGPJ0443E Rajesh Jain Preferential Allottee Eco 183 AAIHS3951G Sanjay Agarwal Huf Pre-IPO Transferee Eco 184 AAIPG1121A Monika Goel Preferential Allottee Eco 185 AAMHS1255B Sanjeev Tandon (Huf) Preferential Allottee Eco 186 AAPPG3572L Rakesh Kumar Goel Preferential Allottee Eco 187 ABHPB1469L Munish Bajaj Preferential Allottee Eco 188 ABOPB8988M Ashok Batra Pre-IPO Transferee Eco 189 ACKPN0439N Anuj Nagpal Preferential Allottee Eco 190 ACMPA2650C Anshu Agarwal And Sanju Agarwal Pre-IPO Transferee Eco 191 ACQPD4748N Umesh Kumar Danwani Preferential Allottee Eco 192 ACTPN4363Q Anu Nagpal Preferential Allottee Eco 193 ADAPA8647A Mohammad Aamer Preferential Allottee Eco 194 AEOPB3108E Bharti Batra Preferential Allottee Eco 195 AETPG1792C Navel Kishore Gupta Preferential Allottee Eco 196 AGKPG9668A Jagdish Chand Gupta Preferential Allottee Eco 197 AIMPB4769K Sushma Bajaj Preferential Allottee Eco 198 AKFPG3695N Saurabh Gupta Pre-IPO Transferee Eco 199 ALAPG3350L Mukul Gupta & Satish Kumar Gupta Preferential Allottee Eco 200 AMQPN9019G Prateek Nagpal Preferential Allottee Eco 201 AMTPN9992M Abheek Nagpal Preferential Allottee Eco 202 AQBPN5620N Tanya Narang Preferential Allottee Eco 203 AAKCA4090M Aavia Buildtech Pvt. Ltd. Trading Group All 4 Scrips 204 AALCS3282L Surya Medi Tech Limited Trading Group All 4 Scrips 205 AATCS2130B Steady Capital Advisory Services Pvt. Trading Group All 4 Scrips Ltd. 206 AAICA0771D Ahuja Metalloys Pvt. Ltd. Trading Group All 4 Scrips 207 AABCL3306N Lunar Builders Pvt. Ltd. Trading Group All 4 Scrips

208 AAFCM1482Q Trading Group All 4 Scrips Master Piece Infocom Pvt. Ltd. 209 AAICM3230H Trading Group All 4 Scrips Murlidhargiri Trading Pvt. Ltd. 210 AAECT4670L Trading Group All 4 Scrips Trucklink Vinmay Trading Pvt. Ltd. 211 AADCB3034D Blue Star Impex Pvt. Ltd. Trading Group All 4 Scrips 212 AAFCM3345L Trading Group All 4 Scrips Mahashiv Metal And Alloys Pvt. Ltd. 213 APBPK8097B Jai Kishan Trading Group All 4 Scrips 214 AKEPG0828N Shankar Lal Gupta Trading Group All 4 Scrips 215 AABCU4900D Unite Buildcreate Pvt. Ltd. Trading Group All 4 Scrips 216 AETPG3006K BaidyaNath Gupta Trading Group All 4 Scrips

5. Since, the prima facie findings are not observed in the Investigation reports in respect to aforementioned 216 entities at paragraph 4 above, the directions issued earlier vide interim orders need not be continued and hence need to be revoked

6. I, therefore, in exercise of the powers conferred upon me under section 19 of the Securities and Exchange Board of India Act, 1992 read with sections 11, 11(4) and 11B thereof, hereby revoke the directions issued vide interim orders qua aforesaid 216 entities with immediate effect.

7. The revocation of the directions issued vide the interim orders is only in respect of the entities mentioned at paragraph 4 of this order. As regards remaining entities, violations under SEBI Act, PFUTP Regulations, SEBI (Issue of Capital and Disclosure Requirements) Regulations 2009 and Securities Contracts (Regulation) Act, 1956 were observed and SEBI shall continue its proceedings against them. 8. A copy of this Order shall be served on the Stock Exchanges and Depositories, for necessary action.

DATE: SEPTEMBER 06, 2017 S RAMAN PLACE: MUMBAI WHOLE TIME MEMBER SECURITIES AND EXCHANGE BOARD OF INDIA

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