March
06, 2009
PR No. 099/2009
Consent Order in the matter of Shri Naresh Thakker and M/s. Vinayak Investments in the matter of M/s. Hitech Drilling Services India Limited
A Panel consisting of Whole Time Members, SEBI, Shri M. S. Sahoo and Dr. K.M. Abraham, has passed consent order dated March 03, 2009, on an application submitted by Shri Naresh Thakker and M/s. Vinayak Investments in the matter of M/s. Hitech Drilling Services India Limited, in accordance with SEBI Circular dated April 20, 2007 for consent orders. The applicants have remitted a sum of Rs.2,00,000/- (Rupees Two Lakh only) towards the terms of consent in the matter and have also undertaken not to buy, sell or deal in securities in any manner whatsoever, directly or indirectly, for a period of two years.
The order shall come into force from March 10, 2009.
Mumbai
March 06, 2009
|