PR No.

26/2015

Order in the matter of M/s Megasys Medi Life Limited

Shri S Raman, Whole Time Member, Securities and Exchange Board of India (SEBI), has passed an interim order
dated January 28, 2015 in the matter of Megasys Medi Life 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 not to dispose of any of the properties or alienate
or encumber any of the assets of the Company without prior permission of SEBI and not to divert any funds
raised from public at large through the offer of Secured Redeemable Debentures (SRDs), which are kept in
bank account(s) and/or in the custody of the company.

Also, Debenture Trustee viz. Shri Dinesh Chandra Ghosh is prohibited from continuing with his present
assignment as debenture trustee in respect of the issue of SRDs of the company and also from taking up
any new assignment or involvement in any new issue of debentures, etc. in a similar capacity, from the date
of this order till further directions.

The company was engaged in fund mobilizing activity through issue of SRDs to more than 49 persons without
complying with the relevant provisions of the Companies Act, 1956, read with SEBI (Issue and Listing of Debt
Securities) Regulations, 2008.
The full text of the order is available on the website: www.sebi.gov.in

Mumbai
February 03, 2015

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