PRESS RELEASE - SEBI

February 24, 2014
PR No. 018/2014

Order in the matter of Madhusudan Securities Limited

Shri. Rajeev Kumar Agarwal, Whole Time Member, SEBI, has passed an order dated February 20, 2014, issuing directions to IndusAge Advisors Limited, Growsafe Securities Private Limited, Mr. Salim Govani and Foresight Enterprises to complete the open offer announced vide the public announcement dated February 10, 2011 at the price determined in accordance with regulation 20 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997.
 

Mumbai
 
February 24, 2014

 

For full copy of order against FORESIGHT ENTERPRISES, click here.

For full copy of order against GROWSAFE SECURITIES PVT.LTD., click here.

For full copy of order against INDUSAGE ADVISORS LTD., click here.

For full copy of order against SALIM GOVANI, click here.