Securities and Exchange Board of India

17.08.2015

Capital Market

SEBI order in the matter of M/s Magnox Infraprojects Limited

MANU/SPRL/0211/2015

The Securities and Exchange Board of India passed an order restraining M/s Magnox Infraprojects Limited and its directors from dealing in the securities market. Magnox and its directors have been directed to refund the money collected through issuance of Redeemable Preference Shares, with interest, and to not access the capital market in any manner. The restraining order will remain in effect till four years after the completion of refunds.

Tags : Sebi order restraint refund

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