Monday, November 29, 1999

SEBI order not related to its chairman: FT India

News posted by www.newsinfoline.com

Financial Technologies (India) today said marketregulator SEBI's order against one Jignesh Shah has nothing do with thecompany and its Chairman."Jignesh Shah referred to in one order passed by SEBI on May 17 is not theChairman and promoter of Financial Technologies (India) Ltd," the companysaid in a regulatory filing to the Bombay Stock Exchange.Financial Technology is the parent company of the country's leadingcommodity bourse MCX."Jignesh Shah, Chairman and Promoter of Financial Technologies (India) Ltd,has nothing to do with the said order and the investigations mentioned therein," it added.Yesterday, market watchdog SEBI had imposed a Rs 2.5 lakh fine on oneJignesh Shah for manipulating in share trading in the script of basmati riceexporter KRBL Ltd.The company also said that it is taking the issue with the authoritiesconcerned.

News posted by www.newsinfoline.com

Click here to read more news from www.newsinfoline.com
Please follow our blogs

newsinfolinephotogallery
prabugallery
newsinfolinephotogallery1

photogallery1

No comments:

Post a Comment