| Updated on November 07, 2014 Published on November 07, 2014

GHCL Ltd has informed BSE that the Company has successfully won the case filed against the order dated August 06, 2013 passed by Adjudicating Officer of SEBI. Aggrieved by the said order, the Company went into an appeal before Hon’ble Securities Appellate Tribunal (SAT).

In this regard, the Company further update that Hon’ble SAT vide its order dated October 30, 2014 set aside the penalty of Rs. 1.25 crore imposed on the Company and accordingly appeal were allowed.

Source : BSE - www.bseindia.com

Published on November 07, 2014
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