PR No.

98/2015

Order in the matter of M/s Swar Agrotech India Ltd. and its Directors

Shri S Raman, Whole Time Member, SEBI, has passed an order on March 30, 2015 in the matter of Swar Agrotech
India Limited against the company and its directors under Sections 11(1), 11(4) and 11B of the Securities and
Exchange Board of India Act, 1992 read with Regulation 65 of the Securities and Exchange Board of India
(Collective Investment Schemes) Regulations, 1999 and Securities And Exchange Board Of India (Prohibition Of
Fraudulent And Unfair Trade Practices Relating To Securities Market) Regulations, 2003.
The Registered Office of the Company is situated at Shastri Chauraha, Near Hero Honda Showroom, Etawah 206001 (UP). The order directed the company and its Directors, Mr. Rajesh Awasthi, Mr. Pravesh Kumar Karowliya,
Mr. Rohit Gupta and Mr. Shiv Kumar not to collect any fresh money from the investors under its existing scheme or
not to launch any new schemes or plans or float any new companies to raise fresh moneys; not to dispose of or
alienate any of the properties/assets obtained directly or indirectly through money raised by the company; not to
divert any funds raised from public at large which are kept in bank account(s) and/or in the custody of Swar
Agrotech; to furnish all the information/details sought by SEBI within 15 days from the date of receipt of the order.
The Company was engaged in fund mobilizing activity from public by floating/sponsoring/ launching Collective
Investment Scheme (CIS) as defined in section 11AA of the SEBI Act, 1992.
The full text of the order is available on the website: www.sebi.gov.in

Mumbai
April 01, 2015

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