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US$125mn Vanishes into Thin Air; SEBI Bans Directors of Geodesic, Former Owners of Chandamama from Market forr a Year

Securities and Exchange Board of India (SEBI) has banned the directors of Geodesic Ltd and former owners of the Chandamama magazine from the securities market for a year for siphoning off $125 million raised through foreign currency convertible bonds (FCCBs).

Dinesh jajodiaPrashant mulekarPankaj kumarKiran kulkarniChandamama india ltdGeodesic holdings limitedBombay high courtGeodesic technology solutions limitedBank ltdExchange board of indiaGeodesic ltdHigh courtExchange boardCompliance officerManaging directorGeodesic limited

US$125mn Vanishes Into Thin Air; SEBI Bans directors of Geodesic, Former Owners of Chandamama From Market For a Year

Securities and Exchange Board of India (SEBI) has banned the directors of Geodesic Ltd and former owners of the Chandamama magazine from the securities market for a year for siphoning off $125 million raised through foreign currency convertible bonds (FCCBs).

Dinesh jajodiaPrashant mulekarPankaj kumarKiran kulkarniChandamama india ltdGeodesic holdings limitedBombay high courtGeodesic technology solutions limitedBank ltdExchange board of indiaGeodesic ltdCompany registrar of the bombay high courtHigh courtExchange boardCompliance officerManaging director

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