PRESS RELEASE - SEBI

  June 20, 2007
PR No. 199/2007

Orders against M/s. Nokia Finance International Pvt. Ltd., and M/s. Paragon Investments Pvt. Ltd. in the matter of M/s. Sword and Shield Pharma Ltd.

Dr.T.C.Nair, Whole Time Member, SEBI has passed orders dated June 19, 2007 against following two entities in the matter of M/s. Sword and Shield Pharma Ltd. :

  1. M/s. Nokia Finance International Pvt. Ltd., Member, ASE
     

  2. M/s. Paragon Investments Pvt. Ltd., Member, SKSE

The certificate of registration of M/s. Nokia Finance International Pvt. Ltd., Member, Ahmedabad Stock Exchange Ltd. has suspended for a period of two months. This order shall come into effect on expiry of 21 days from the date of this order.
 
The certificate of registration of M/s. Paragon Investments Pvt. Ltd., Member, Saurashtra & Kutch Stock Exchange has suspended for a period of one month. This order shall come into effect on expiry of 21 days from the date of this order.

  
Mumbai

June 20, 2007

 


For full copy of order against NOKIA FINANCE INTERNATIONAL LTD., click here.

For full copy of order against PARAGON INVESTMENTS PVT.LTD., click here.