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Caution to investors of PACL Ltd.
Jan 16, 2020
PR No.:
3/2020
Caution to investors of PACL Ltd.
The Justice (Retd.) R.M. Lodha Committee (the “
Committee
”)
is in receipt of complaints from investors of PACL Ltd. that they are receiving emails from
sebi.pacl@sebirefunds.org
requesting them to file claim application forms for claiming refund. Further, the said emails include authority letter, purportedly issued by SEBI, in favour of one Shri Ravi Shankar, IAS designating him for the refund related matters
.
This is to inform that the Committee/SEBI has neither authorized/designated such person for refund related matters nor issued such authority letter. It is further stated that said email/domain name does not pertain to Committee/SEBI. The i
nvestors are advised to be cautious and not to act on such communications, if any, received by them. Investors are also requested not to be misguided or fall in trap of any such inducements and false promises.
The information/update about refund to investors of PACL Ltd. is being made available on SEBI website (
www.sebi.gov.in
) on regular basis.