PRESS RELEASE - SEBI

February 01, 2012
PR No. 017/2012


Order in the matter of Datasoft Application Software (India) Limited

Shri Prashant Saran, Whole Time Member, SEBI, has passed an order dated January 25, 2012, in the matter of Datasoft Application Software (India) Limited with following directions:-

  1. disposing of the show cause notice dated December 21, 2009 against Newfin Financial Services Private Limited and its directors Mr. G.S. Sridhar and Mr. P.V. Murlikrishna without any directions and;
  2. restraining Vivenasri Financial Services Limited and its directors Mr. A. Rajendra Prasad, Mr. P.V. Murlikrishna and Mr. K. Satyajit Ray from buying, selling or dealing in securities market whatsoever or accessing the securities market, directly or indirectly, for a period of six months from the date of the order.

The order shall come into force with immediate effect.
 
  
Mumbai
 
February 01, 2012


For full copy of order against K.SATYAJIT RAY, click here.

For full copy of order against P.V.MURALIKRISHNA, click here.

For full copy of order against RAJENDRA PRASAD ADIRAJU, click here.

For full copy of order against VIVENASRI FINANCIAL SERVICES LTD., click here.