Vatsa Corporation Limited
Buyers Beware
Serious Fraud Investigation Office (SFIO), ministry of company affairs, has detected a wide range of irregularities while investigating the affairs of Vatsa Corporation, a Mumbai-based company which once claimed to be worth Rs 7,000 crore.
SEBI had earlier conducted investigations into the alleged irregularities in the public issue and buying, selling and dealing in the scrip of M/S Hitek Industries (Bihar) Ltd. Pursuant to investigations, SEBI after considering the facts found Vatsa Corporation Ltd., Merchant Banker in the Public Issue of Hitek Industries (Bihar) Ltd. guilty of violating the provisions of SEBI regulations. Chairman, SEBI vide order dated August 12, 2003 has directed Vatsa Corporation Ltd. to disassociate itself in every respect from the capital markets related activities for a period of five years.
Satyakam Mishra
1 comment:
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deals in dead delisted junk shares phy demat of indian companies aganist spot payment we also deals in bad deliveries like signature differ death case market delievries(UTI {MASTER GAIN & MASTER SHARES ALSO}) etc wish to sell pls call mohit gupta manish kumar 9313433625 /93106268139999788876 or mail me manuu99 at the rate yahoo com manish.kumar048@gmail com
deals in dead delisted junk shares phy demat of indian companies aganist spot payment we also deals in bad deliveries like signature differ death case market delievries(UTI {MASTER GAIN & MASTER SHARES ALSO}) etc wish to sell pls call mohit gupta manish kumar 9313433625 /93106268139999788876 or mail me manuu99 at the rate yahoo com manish.kumar048@gmail com
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