PRESS RELEASE - SEBI

 December 04, 2009
PR No. 378/2009

Consent Order on the application submitted by Pramod Kumar Jain Securities Pvt. Ltd. in the matter of M/s. Axel Polymer Ltd.

A Panel consisting of Whole Time Members, SEBI, Shri M. S. Sahoo and Dr. K. M. Abraham, has passed consent order dated December 02, 2009, on an application submitted by Pramod Kumar Jain Securities Pvt. Ltd., in the case of M/s. Axel Polymers Ltd., in accordance with SEBI Circular dated April 20, 2007 for consent orders. The applicant has remitted a sum of Rs.5,00,000/- (Rupees five lakh only) towards the terms of consent in the matter.


Mumbai

December 04, 2009

 


For full copy of order against PRAMODKUMAR JAIN SECURITIES PVT.LTD., click here.