November 09, 2012
PR No. 096/2012
Consent Order in the matter of IPO Irregularities – Mr. Bahubali Shantilal Shah, Lok Prakashan
Limited, Mr. Shreyans S. Shah and Mrs. Smruti S. Shah
A panel consisting of Whole Time members, Shri. Rajeev Kumar Agarwal and Shri. Prashant Saran has
passed a consent order on November 01, 2012 in the matter of “Irregularities in IPOs “. The application was
submitted by Mr. Bahubali Shantilal Shah, Lok Prakashan Limited, Mr. Shreyans S. Shah and Mrs. Smruti S.Shah.
The aforesaid entities collectively remitted a sum of Rs. 1,34,62,282/- (Rs. one crore thirty four lakh sixty
two thousand two hundred and eighty two only) towards settlement charges and Rs. 1,92,31,831/- (one crore
ninety two lakh thirty one thousand eight hundred and thirty one only) towards disgorgement of the ill-gotten
gains.
Mumbai
November 09, 2012
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