PRESS RELEASE - SEBI

  March 04, 2008
PR No. 082/2008

Order in the matter of Mega Corporation Limited

Dr. T. C. Nair, Whole Time Member, SEBI has passed an order on February 28, 2008 in the matter of Mega Corporation Limited without any directions against Non-Executive Directors of Mega Corporation Limited, Shri H. M. Lalani, Shri N. K. Nayak, Shri K. S. Venkataraman, Shri S. L. Golchha, Shri Sachin Mehra and promoters of Mega Corporation Limited, Crayons Global Finance Ltd., Ms. Beena Mehta, Vimi Investments and Finance Ltd., Shri R. N. Mehta, Shri Hiten Mehta, Odyssey Corporation Ltd., and Pooja Equisearch Pvt. Ltd. and disposing of directions passed against these entities in interim order dated July 24, 2006.

The order shall come into force with immediate effect.


Mumbai

March 04, 2008


 

For full copy of order against NON EXECUTIVE DIRECTORS VIZ. SHRI H. M. LALANI, SHRI N. K. NAYAK, SHRI K. S. VENKATARAMAN, SHRI S. L. GOLCHHA, SHRI SACHIN MEHRA AND PROMOTERS VIZ. CRAYONS GLOBAL FINANCE LTD., MS. BEENA MEHTA, VIMI INVESTMENTS AND FINANCE LTD., SHRI R. N. MEHTA, ODYSSEY CORPORATION LTD., POOJA EQUISEARCH PVT. LTD. click here.