PR No.

17/2015

Order in the matter of M/s Dynamic Asset Management Limited

Shri S Raman, Whole Time Member, Securities and Exchange Board of India (SEBI), has passed an interim order
dated January 09, 2015 in the matter of M/s Dynamic Asset Management Limited, inter-alia directing that the
company shall not mobilize funds from investors. Further, the company and its directors are prohibited from issuing
prospectus or any offer document or issue advertisement for soliciting money from the public for the issue of
securities, in any manner whatsoever, either directly or indirectly, till further orders. The company and its directors
are also restrained from accessing the securities market and further prohibited from buying, selling or otherwise
dealing in the securities market, either directly or indirectly, till further directions.
The Company and its directors have further been directed to provide a full inventory of all their assets and
properties and not to dispose off any of the properties or alienate or encumber any of the assets of the Company
without prior permission from SEBI and not to divert any funds raised from public at large through the offer of
Redeemable Preference shares, which are kept in bank account(s) and/or in the custody of the company. The
company and its directors have also been directed to provide with all relevant and necessary information as
required by SEBI.
The company was engaged in fund mobilizing activity through issue of Redeemable Preference shares to more than
49 person without complying with the relevant provisions of the Companies Act, 1956.
The full text of the order is available on the website: www.sebi.gov.in

Mumbai
January 19, 2015

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