PRESS RELEASE - SEBI

September 03, 2012
PR No. 082/2012


Order in the matter of Aastha Broadcasting Network Ltd.

Shri Rajeev Kumar Agarwal, Whole Time Member, SEBI, has passed an order dated August 29, 2012 in the matter of Aastha Broadcasting Network Ltd. with the direction that:
 
"the preferentially allotted shares of Aastha Broadcasting Network Ltd. lying in the demat accounts of M/s. Chneena Impex Pvt ltd., M/s. CEEAN Impex Pvt Ltd., M/s. Smitasha Impex Pvt Ltd. M/s. Prarekha Exim Pvt Ltd and M/s.
Bicharshil Traders Ltd. shall remain frozen permanently"
 
The aforesaid directions shall be without prejudice to any other action that may be taken by SEBI against the aforesaid entities.
 
The order shall come into force with immediate effect.
 
  
Mumbai
 
September 03, 2012


 

For full copy of order against M/s. CHNEENA IMPEX PVT.LTD., M/s. CEEAN IMPEX PVT.LTD., M/s. SMITASHA IMPEX PVT.LTD., M/s. PRAREKHA EXIM PVT.LTD. and M/s. BICHARSHIL TRADERS LTD.  click here.