PRESS RELEASE - SEBI |
August 20, 2015
Order in the matter of M/s Alchemist Holdings Limited Shri Prashant Saran, Whole Time Member, SEBI has passed an order on August 14, 2015, wherein M/s Alchemist
Holdings Limited, its promoters and its directors inter-alia have been directed to refund the money collected by the
company through issuance of Redeemable Preference Shares, with interest at the rate of 15% per annum
compounded at half yearly intervals and also not to access the capital market in any manner. The company, its
promoters and its directors have also been restrained and prohibited from buying, selling or otherwise dealing in the
securities market, from the date of this order till the expiry of four years from the date of completion of refunds to
investors.
Mumbai |
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For full copy of order against ALCHEMIST HOLDINGS LTD, MR.BRIJ MOHAN MAHAJAN, MR.VIKRAMADITYA SINGH AND MR.CHANDRA SHEKHAR CHAUHAN click here. |
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