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PRESS RELEASE - SEBI

 April 20, 2009
PR No. 133/2009

Order in the matter of M/s. GHCL Ltd.

SEBI has found that GHCL Ltd. have been reporting false shareholding details of the promoters in their quarterly filing with the Stock Exchanges. 
 
In view of the above, Dr. K.M. Abraham, Whole Time Member, SEBI has passed an ad-interim order dated April 20, 2009 directing GHCL Ltd., its promoter entities, Chairman, Managing Director and the Company Secretary of GHCL Ltd. not to buy, sell or deal in the securities market until further orders. Further, SEBI has directed GHCL Ltd. to reconcile and file the correct shareholding details with the Stock Exchanges.

 
Mumbai

April 20, 2009


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