PR No. 105/2010
Consent order in respect of Fledgeling Nominees International Ltd.
A Panel consisting of Whole Time Members, SEBI, Dr. K.M. Abraham and Shri Prashant Saran, has passed consent order dated April 26, 2010, in accordance with SEBI guidelines dated April 20, 2007 for consent orders, on the application submitted by Fledgeling Nominees International Ltd. in the matter of fall in the Indian stock market on May 17, 2004. The applicant has remitted Rs.60,00,000/- (Rupees sixty lakh only) towards the settlement charges, in the matter.
April 28, 2010