PRESS RELEASE - SEBI

 October 27, 2009 
PR No. 321/2009

Consent Order on the application submitted by Deepmala Dealer Ltd. in the matter of ATN International Ltd.


A Panel consisting of Whole Time Members, SEBI Shri M. S. Sahoo and Dr. K. M. Abraham has passed consent order dated October 14, 2009 on an application submitted by Deepmala Dealer Ltd. in the matter of ATN International Ltd. in accordance with SEBI Circular dated April 20, 2007 for consent orders. The applicant has remitted a sum of Rs. 2,00,000/- (Rupees two lakh only) towards the terms of consent in the matter. The applicant has also undertaken to undergo voluntary debarment for a period of six months. Accordingly, the entity shall not buy, sell or deal in securities market in any manner whether directly or indirectly for a period of six months from October 19, 2009.


Mumbai

October 27, 2009

 


For full copy of order against DEEPMALA DEALER LTD., click here.