SEBI imposes fine on Suprajit Engineering

Suprajit Engineering Ltd. | Auto Ancillary | Automobiles | BSE: 532509 | NSE: SUPRAJIT

27 Aug 2020 Evaluate

Markets regulator Securities and Exchange Board of India (SEBI) has imposed a total fine of Rs 7 lakh on Suprajit Engineering and three individuals for violating insider trading norms. A fine of Rs 2 lakh has been slapped on Suprajit Engineering (SEL), Rs 3 lakh on Jayarama Shetty Mundaje, and Rs 1 lakh each on Mohan Srinivasan Nagamangala and Meddapa Gowda J, respectively.

Suprajit Engineering is India’s most preferred manufacturer of cables and instruments and meets the demand of virtually every major OEM in the automotive sector.

Peers

Company Name	CMP
SamvardhanaMotherson	164.40
Tube Investments	2605.00
Bosch	47800.00
UNO Minda	1240.00
Bombay Burmah Trdg.	1510.30
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.