PRESS RELEASE - SEBI |
August 25, 2015
Order in the matter of M/s Aditya Global Industries Limited (earlier known as Angels Agro Industries Limited) Shri Prashant Saran, Whole Time Member, SEBI has passed an order on August 19, 2015, wherein M/s. Aditya
Global Industries Limited (earlier known as Angels Agro Industries Limited) and its directors inter-alia have been
directed to refund the money collected by the company through issuance of 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 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 ADITYA GLOBAL INDUSTRIES LIMITED, SHRI ARUNAVA BOSE MUNSHI, SHRI ANUP KUMAR MUNSI AND SHRI AMITAVA BOSE MUNSHI click here. |
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