PRESS RELEASE - SEBI

 April 28, 2010
PR No. 105/2010

Consent order in respect of Fledgeling Nominees International Ltd.

A Panel consisting of Whole Time Members, SEBI, Dr. K.M. Abraham and Shri Prashant Saran, has passed consent order dated April 26, 2010, in accordance with SEBI guidelines dated April 20, 2007 for consent orders, on the application submitted by Fledgeling Nominees International Ltd. in the matter of fall in the Indian stock market on May 17, 2004. The applicant has remitted Rs.60,00,000/- (Rupees sixty lakh only) towards the settlement charges, in the matter.

Mumbai

April 28, 2010

 


For full copy of order against FLEDGLING NOMINEES INTERNATIONAL LTD., click here.