PRESS RELEASE - SEBI

  May 28, 2007
PR No. 175/2007

Order against promoters of M/s. Adani Exports Ltd.

Dr. T.C. Nair, Whole Time Member, SEBI, has passed an order dated May 25, 2007 restraining the promoters of M/s. Adani Exports Ltd. (presently known as Adani Enterprises Ltd.) viz. Adani Agro Pvt. Ltd., Adani Impex Pvt. Ltd., Crown International, Shahi Property Developers Pvt. Ltd., Adani Properties Pvt. Ltd., Advance Exports and Intercontinental India from accessing the securities market either directly or indirectly and also prohibiting them from buying, selling or otherwise dealing in securities, in any manner whatsoever, for a period of two years. 
 
The above order shall come into force with immediate effect.
 

Mumbai

May 28, 2007

 


For full copy of order against ADANI AGRO PVT.LTD., click here.

For full copy of order against ADANI IMPEX PVT.LTD., click here.

For full copy of order against ADANI PROPERTIES PVT.LTD., click here.

For full copy of order against ADVANCE EXPORTS LTD., click here.

For full copy of order against CROWN INTERNATIONAL, click here.

For full copy of order against INTERCONTINENTAL (I) LTD., click here.

For full copy of order against SHAHI PROPERTY DEVELOPERS PVT.LTD., click here.