PRESS RELEASE - SEBI

 February 19, 2009
PR No. 091/2009

Consent order in the matter of DSQ Software Limited & DSQ Biotech Limited - M/s. Prabhudas Lilladher Pvt. Ltd.

A Panel consisting of Whole Time Members, SEBI, Shri M.S.Sahoo and Dr. K. M. Abraham has passed consent order dated February 16, 2009, on an application submitted by M/s. Prabhudas Lilladher Pvt. Ltd. for the alleged irregular trading in the matter of DSQ Software Limited & DSQ Biotech Limited for the period October 1999 - March 2001 and December 1999 - January 2001 respectively in accordance with SEBI guidelines dated 20th April, 2007 for consent orders.
 
The applicant has remitted a total sum of Rs.2,05,00,000 (Rupees Two crore and five lakh only) towards settlement charges.
  

Mumbai

February 19, 2009

 


For full copy of order against PRABHUDAS LILLADHER PVT.LTD., click here.