PR No.

55/2015

SEBI Cautious investors against investing in Sai Prasad Marketing Pvt. Ltd.

General public is hereby informed that SEBI has passed order dated January 14, 2015 in the matter of Sai Prasad
Foods Limited (hereinafter referred as SPFL) wherein, the company and its promoters and directors have been
inter-alia directed to wind up the existing Collective Investment Schemes (CIS) and refund the monies collected
under the said schemes with returns which are due to investors as per the terms of offer/ agreement within a period
of three months from the date of the Order.
In this regard, it has come to the notice of SEBI that this company had been incorporated as "Sai Prasad Marketing
Pvt. Ltd." (hereinafter referred as SPMPL) and the company later on changed its name to SPFL.
The general public is, therefore, cautioned against any possible investment in the collective investment schemes in
the name of SPMPL. Further, existing CIS investors with the companies may approach SPFL for refunds as already
directed by SEBI vide the said order.
The full text of the order against SPFL is available on the website: www.sebi.gov.in

Mumbai
March 10, 2015

Brought to you by http://StockViz.biz

page: 1

[ www.sebi.gov.in ]