PRESS RELEASE - SEBI

  February 20, 2008
PR No. 059/2008

Consent Order on the application submitted by M/s. Phulchand Sons Investments Pvt. Ltd. in the matter of M/s. Granules India Ltd.

A Panel consisting of Whole Time Members, Shri G. Anantharaman and Dr. T. C. Nair has passed consent order dated February 15, 2008, on an application submitted by M/s. Phulchand Sons Investments Pvt. Ltd., in the matter of Granules India Ltd., in accordance with SEBI Guidelines dated April 20, 2007 for consent orders. The applicant has remitted a sum of Rs.50,000/- (Rupees fifty thousand only) and has also consented not buy, sell or deal directly or indirectly in securities for a period of six months from the date of the order towards the terms of consent in the matter.

 
Mumbai

February 20, 2008

 


For full copy of order against PHULCHAND SONS INVESTMENTS PVT. LTD., click here.