PRESS RELEASE - SEBI

August 18, 2010
PR No. 198/2010

Consent Order on the applications submitted by Naman Securities & Finance Pvt. Ltd. in the matters of Prudential Pharmaceuticals Ltd. and Mirc Electronics Ltd.

A Panel consisting of Whole Time Members, SEBI, Dr. K M Abraham and Shri Prashant Saran has passed consent order dated August 12, 2010, on the applications submitted by Naman Securities & Finance Pvt. Ltd. in the matters of Prudential Pharmaceuticals Ltd. and Mirc Electronics Ltd. in accordance with SEBI Circular dated April 20, 2007 for consent orders. The applicant has remitted a sum of Rs. 30,00,000/- (Rupees thirty lakh only) towards the terms of consent in the matter of Prudential Pharmaceuticals Ltd. and Rs. 3,00,000/- (Rupees three lakh only) towards the terms of consent in the matter of Mirc Electronics Ltd.

The order has come into force with immediate effect.
 

Mumbai

August 18, 2010

 


For full copy of order against NAMAN SECURITIES & FINANCE PVT.LTD., click here.

For full copy of order against NAMAN SECURITIES & FINANCE PVT.LTD., click here.

For full copy of order against NAMAN SECURITIES & FINANCE PVT.LTD., click here.

For full copy of order against NAMAN SECURITIES & FINANCE PVT.LTD., click here.