PRESS RELEASE - SEBI

 February 16, 2009
PR No. 086/2009

Consent Order in the matter of M/s. SAV Stock Management Pvt. Ltd.

(Formerly AMS Stock Management Private Limited)

in the case of M/s. Soundcraft Industries Limited

A Panel consisting of Whole Time Members, SEBI, Shri M.S.Sahoo and Dr. K.M.Abraham has passed consent order dated January 23, 2009 on an application submitted by M/s. SAV Stock Management Pvt. Ltd., a Member of Bombay Stock Exchange Limited, in the matter of M/s. Soundcraft Industries Limited in accordance with SEBI Circular dated April 20, 2007 for consent orders. The applicant has remitted a sum of Rs.50,000/-(Rupees fifty thousand only) towards the terms of consent in the matter. The applicant has also undertaken to keep its certificate of registration suspended for a period of one month from the date of the order.
  

Mumbai

February 16, 2009

 


For full copy of order against SAV STOCK MANAGEMENT PVT.LTD., click here.