PRESS RELEASE - SEBI

  June 09, 2008
PR No. 121/2008

Order in the matter of Shree Rama Multi-Tech Ltd.

Dr. T.C.Nair, Whole Time Member, SEBI has passed an order dated June 06, 2008 in the matter of Shree Rama Multi-Tech Ltd., directing :

(i) Shree Rama Multi-Tech Ltd. to restrain from accessing the securities market and prohibited from buying, selling or dealing in securities, directly or indirectly, for a period of 5 (five) years. The period of debarment already undergone by the company shall be set-off from the period of debarment as directed herein above and

(ii) The show cause notice dated October 14, 2003 issued to M/s. Rambhai Patel, Hansraj Kanji and Dr. Prakash Trivedi stands disposed of without any directions.

Mumbai

June 09, 2008

 

For full copy of order against SHREE RAMA MULTI-TECH LTD. click here.