|
UPDATE ON IPO OF SVPCL LIMITED:
SEBI vide its letter dated 23/10/2008 permitted SVPCL to refund the application money immediately and to pay interest amount by 31/10/2008, failing which, the Company
shall be liable to pay interest @ 15% p.a. on the interest liability as on the date of refund of the application money.
The refund of the application money, through RTGS/ Direct Credit/ ECS and Refund Orders as the case may be, was processed on 27/10/2008, without interest.
The interest on the application money was calculated upto 27/10/2008, the date of refund. As soon as the interest amount is arranged by the Company, the interest warrants will be dispatched to the applicants.
UPDATE AS ON 21/07/2009:
On taking up the matter with SVPCL Ltd.,regarding the payment of interest, we have been informed that all efforts are being made by them to arrange the interest amount. However, no specific date has been informed to us.
As soon as the interest amount is arranged by SVPCL Ltd., we shall dispatch the interest warrants to the investors.
If you require any further information, please contact the Company at the following address:
SVPCL Limited,
206A, Concourse, 2nd Floor,
Greenlands, Ameerpet,
HYDERABAD - 500016.
Tel: 040-66369058/ 59 / 23730839
Mail id:ipo@svpcl.com, info@svpcl.com
|
