Zeebiz.com
Mumbai, Aug 03: Market regulator Sebi on Friday barred 19 entities from the securities market after an initial probe into the recent share price plunge in some mid-cap stocks, including Parsvnath, Tulip Telecom and Pipavav Defence.
Passing an interim order against these entities, which includes individuals and companies having dealt in these stocks, Sebi said it would expeditiously complete its investigations into the matter.
The entities restrained from accessing the securities market and prohibited from buying, selling or dealing in securities in any manner whatsoever include 4a Financials Securities, A To Z Steels, Ajit Kumar Jain, Cheminare Trade Comm, G N Credits, Gajria Jayna Precision Industries, Kuvam Plast Pvt Ltd, Littlestar Vanijya Pvt Ltd, Manish Agarwal and Milestone Shares & Stock Broking Pvt Ltd.