sebi:MO/21/IVD/11/03
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
No directions under Section 11B issued against the noticee; noticee advised to be cautious in future in his dealings in the securities market
Provisions invoked
- s. 11B
Parties
- Shri Kishan Gopal Somani
Holding
The proceedings against Shri Kishan Gopal Somani were dropped with no directions under Section 11B of the SEBI Act,1992, while advising him to be cautious in future in his dealings in the securities market.
Full text
Home » Enforcement » Orders » Orders of Chairman/Members Enforcement Enforcement▼ Order against Shri Kishan Gopal Somani in the matter of Saatal Kattha and Chemicals Limited SEBI | Order against Shri Kishan Gopal Somani in the matter of Saatal ... https://www.sebi.gov.in/enforcement/orders/nov-2003/order-against-shri... 1 of 3 17-10-2025, 10:29
1. M/s Saatal Kattha and Chemicals Ltd (hereinafter referred to as “SKCL”) having office at 42, Jaora Compound, M.Y Hospital Road, Indore – 452 001, came out with a public issue of 21,50,000 equity shares of Rs. 20/- each aggregating to Rs. 430,00,000. The public issue opened for public subscription on 30.1.95 and closed for subscription on 2.2.95. Central bank of India acted as a pre-issue lead manager and Rajashree Fiscal Services Ltd acted as the post issue Lead Manager.
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Source: SecMarx — sebi:MO/21/IVD/11/03. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.