Order in the matter of M/s. India Bulls Securities Ltd. in the case of IPOs
Shri G.Anantharaman, Whole Time Member, SEBI vide order dated November 28, 2006 directed that the interim order dated April 27, 2006 passed against M/s. India Bulls Securities Ltd. in the case of Initial Public Offerings (IPOs) would stand finally disposed off without any further directions after having regard to the findings of the inspection reports of depositories, Stock Exchanges and SEBI that none of the multiple accounts pertaining to the said entity have been identified as afferent accounts.
The order shall come into force with immediate effect.
The full text of the above order is available on the website: www.sebi.gov.in
Mumbai
November 28, 2006