PR No.261/2008
Consent Order on the applications submitted by Apollo Tyres Ltd., Amazer Investment and Finance Ltd., Delicious Tradelinks Pvt. Ltd. and Wonderful Trading Pvt. Ltd. in the matter of Apollo Tyres Ltd. A Panel consisting of Whole Time Members, SEBI, Dr. T. C. Nair and Shri M. S. Sahoo, has passed a consent order dated November 14, 2008, on the applications submitted by Apollo Tyres Ltd., Amazer Investment and Finance Ltd., Delicious Tradelinks Pvt. Ltd. and Wonderful Trading Pvt. Ltd. in the matter of Apollo Tyres Ltd., in accordance with SEBI Circular dated April 20, 2007 for consent orders. The applicants have remitted a sum of Rs.1,00,00,000/- (Rupees one crore only) towards the terms of consent in the matter. The full text of the order is available on the website: www.sebi.gov.in Mumbai November 18, 2008
Source: SEBI Date: 2008-11-18
PR No.260/2008
India-Malaysia Capital Market Forum to be held at Mumbai A one-day India-Malaysia Capital Market Forum, jointly organized by Securities and Exchange Board of India (SEBI) and Securities Commission, Malaysia, will be held on November 20, 2008 at Mumbai. Shri C.B. Bhave, Chairman, SEBI and Mdm. Zarinah Anwar, Chairman, Securities Commission, Malaysia will deliver the keynote addresses. The objective of the Forum is to raise awareness of the regulatory structures and market development and investment opportunities in both capital markets. Speakers and participants from both countries, namely, regulators and exchanges, government officials, investment banks, fund and asset managers and other market players (or participants) will share their experiences in the various market segments. The Forum will provide an overview of potential opportunities in stock exchanges, mutual fund and investment management, corporate finance and Islamic finance. The Forum will deliberate on the following issues: Regulatory and Capital Market Landscape, Economic and Market Outlook for India and Malaysia and Mutual Funds and Fund Management. The Forum will also focus on issues like Malaysia�s Islamic Finance Proposition and India�s Financial Sector Integration with Rest of the World and Way Forward. The meeting is expected to enhance awareness and interaction between Malaysia and India. Mumbai November 18, 2008
Source: SEBI Date: 2008-11-18
PR No.259/2008
Certificate of registration of Mr. Sanjiv K.Shah, sub broker, suspended Dr. K. M. Abraham, Whole Time Member, SEBI has passed an order dated November 10, 2008, suspending the certificate of registration (No. INS230489812 and INS231334819) of the sub broker namely, Mr. Sanjiv K. Shah (Trade Name: Aakash Investment Consultancy), sub-broker affiliated through M/s. Growth Avenue Ltd., member of the National Stock Exchange of India Ltd. for a period of three months. The order will come into force immediately on the expiry of twenty one days from the date of the order. The full text of the above order is available on the website: www.sebi.gov.in Mumbai November 12, 2008
Source: SEBI Date: 2008-11-14
PR No.258/2008
Order against Mr. Atin Das, sub-broker Dr. K.M.Abraham, Whole Time Member, SEBI, has passed an order dated November 04, 2008, disposing of the enquiry proceedings against Mr. Atin Das, sub broker. As the said sub broker has already been prohibited from buying, selling or dealing in securities from February 20, 2007 till date, in accordance with interim order passed by SEBI, no further penalty has been imposed. The full text of the above order is available on the website: www.sebi.gov.in Mumbai November 12, 2008
Source: SEBI Date: 2008-11-14
PR No.257/2008
Order against M/s. Apoorva Securities Pvt. Ltd., Member, UPSE and Sub Broker affiliated to UPSE Securities Ltd. Dr. K.M.Abraham, Whole Time Member, SEBI, has passed an order dated November 07, 2008, suspending t |