PRESS RELEASE - SEBI

  October 13, 2008
PR No. 214/2008

Consent Orders on the applications submitted by M/s.Top Media Entertainment Ltd. in the matter of
M/s. Top Telemedia Ltd. and M/s.Top Media Entertainment Ltd.

A Panel consisting of Whole Time Members, Dr. T. C. Nair and Shri M. S. Sahoo, has passed two consent orders dated October 8, 2008, on applications submitted by M/s. Top Media Entertainment Ltd., in the matter of M/s. Top Telemedia Ltd. and M/s. Top Media Entertainment Ltd., in accordance with SEBI Circular dated April 20, 2007 for consent orders. The applicant without admitting or denying the charges, has filed an undertaking not to buy, sell or deal in securities or access securities market directly or indirectly for a period of three years towards the terms of consent in the matters.

The orders come into force with immediate effect.

Mumbai

October 13, 2008

 


For full copy of order against TOP MEDIA ENTERTAINMENT LTD., click here.

For full copy of order against TOP MEDIA ENTERTAINMENT LTD., click here.