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Yash Birla barred from securities market for 2nd time in a month

This is the second time in a month that SEBI has come up with an order prohibiting Yash Birla from accessing the securities market

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Yash Birla

Yash Birla

Yashovardhan Birla, Chairman of Yash Birla Group has been barred from the securities market by SEBI twice in just a month's time.

In a recent order the capital markets regulator said that it has found violation of securities law in the scrip of Birla Pacific Medspa Ltd (BPML) during July 7-15, 2011 and consequently, Yash Birla along with nine other individuals have been barred from accessing or transacting in the securities market for a period of two years.

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