Order against M/s. First Custodian Fund (I) Ltd. in the matter of M/s. Ranbaxy Laboratories Ltd.

Press Release
Securities and Exchange Board of India
Mar 30, 2007
PR No.: 119/2007

PRESS RELEASE


PR No.119/2007

 

Order against M/s. First Custodian Fund (I) Ltd. in the matter of

M/s. Ranbaxy Laboratories Ltd.

 

 

Shri V.K.Chopra, Whole Time Member, SEBI, has passed an order dated  March 29, 2007, suspending the certificate of registration of M/s. First Custodian Fund (I) Ltd., member of National Stock Exchange of India Ltd., in the matter of M/s. Ranbaxy Laboratories Ltd., for a period of fifteen days.

 

The order shall come into force on the expiry of 21 days from the date of the order.

 

The full text of the above order is available on the website:  www.sebi.gov.in

 

 

Mumbai

March 30, 2007