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PRESS RELEASE - SEBI

 August 04, 2009
PR No. 243/2009

 SEBI passes Consent Order on the application submitted by M/s. Purshottam Investofin Limited

A Panel consisting of Whole Time Members, SEBI, Shri M.S. Sahoo and Dr. K.M. Abraham has passed a consent order dated July 28, 2009 on the consent application submitted by M/s. Purshottam Investofin Limited for its failure to make the requisite disclosures under Regulation 8(3) of the SEBI (Substantial Acquisition of Shares and Takeovers), Regulations, 1997 for the years 2004-05, 2005-06, 2006-07, 2007-08. The applicant without admitting or denying guilt has remitted a sum of Rs. 1,00,000/- (Rupees one lakh only) towards settlement charges in the matter.



Mumbai

August 04, 2009

For full copy of order against PURSHOTTAM INVESTOFIN LTD., click here.

 
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