Full text: Sebi order barring DLF, six others from capital markets for three years

In a major blow to DLF, Sebi has barred the realty major as well as its six top executives, from the securities market for three years. Here's the full text of the order. In a major blow to DLF, Sebi has barred the realty major as well as its six top executives, including chairman and main promoter KP Singh, from the securities market for 3 years for "active and deliberate suppression" of material information at the time of its IPO. Besides KP Singh, those barred from the markets include his son Rajiv Singh (Vice Chairman), daughter Pia Singh (Whole Time Director), Managing Director T C Goyal, former CFO Ramesh Sanka and Kameshwar Swarup, who was ED-Legal at the time of the company's public offer in 2007. Here's the full text of the Sebi order SECURITIES and EXCHANGE BOARD OF INDIA