PRESS RELEASE - SEBI

August 17, 2010
PR No. 193/2010

Consent Order on the application submitted by M/s. Wallfort Share & Stock Brokers Pvt. Ltd. in the matter of Mazda Fabrics & Processors Limited

A Panel consisting of Whole Time Members, SEBI, Dr. K. M. Abraham and Shri Prashant Saran, has passed a consent order dated August 12, 2010, on an application submitted by M/s. Wallfort Share & Stock Brokers Pvt. Ltd. in the matter of Mazda Fabrics & Processors Ltd. in accordance with SEBI Circular dated April 20, 2007 for consent orders. The applicant has remitted a sum of Rs.10,00,000/- (Rupees ten lakh only) towards the terms of consent in the matter and has also agreed to undergo a voluntary moratorium on their proprietary trading for a period of one year.

The order has come into force with immediate effect.
 

Mumbai

August 17, 2010

 


For full copy of order against WALLFORT SHARE & STOCK BROKERS PVT.LTD., click here.