PRESS RELEASE - SEBI

November 07, 2012
PR No. 094/2012


A consent order in respect of M/s " Small is beautiful" Fund – a Venture Capital Fund (VCF)

A Panel consisting of Whole Time Members, SEBI, Shri Rajeev Kumar Agarwal and Shri Prashant Saran has passed a consent order dated November 01, 2012 on the application submitted by M/s "Small is beautiful" Fund for violation of Regulation 12(c) and 12(d) of the SEBI (Venture Capital funds) Regulations, 1996.The applicant has remitted a sum of Rs. 37,50,000/-( Rupees Thirty Seven Lakh and Fifty Thousand only) towards settlement charges.
 
  
Mumbai
 
November 07, 2012


For full copy of order against SMALL IS BEAUTIFUL, click here.