PRESS RELEASE - SEBI

 January 12, 2009
PR No. 016/2009

Consent Order against M/s. GSB Capital Markets Ltd., Member, BSE

A Panel consisting of Whole Time Members, SEBI, Shri M. S. Sahoo and Dr. K. M. Abraham has passed a consent order dated December 31, 2008 on the application submitted by M/s. GSB Capital Markets Ltd., in the matter of enquiry proceedings pending before SEBI against it for the violations observed during inspection of its books of accounts and other records, in accordance with SEBI Circular dated April 20, 2007 for consent order. The applicant has remitted a sum of Rs.1,00,000/- (Rupees one lakh only) towards the settlement charges, in the matter.
 
The order shall come into force with immediate effect. 

Mumbai

January 12, 2009

 


For full copy of order against GSB CAPITAL MARKETS LTD., click here.