PR No. 243/2007
Order against M/s.Tactfull Investment Ltd.
Dr. T.C.Nair, Whole Time Member, SEBI, has passed an order dated August 21, 2007 directing M/s. Tactfull Investments Ltd. not to buy, sell or deal in securities, in any manner, directly or indirectly for a period of six months. It was observed that the company has allotted shares in a preferential issue, by violating SEBI order dated December 17, 1999 debarring the company from accessing the capital market was in force.
The order shall come into force with immediate effect.
August 27, 2007