PR No.

274/2015

Order against the past directors of M/s Sunplant Constructions Limited

Shri S Raman, Whole Time Member, Securities and Exchange Board of India (SEBI), has passed an order dated
November 20, 2015 against the past directors of Sunplant Constructions Limited (SCL), viz. Shri Yoganand Prasad,
Shri Ameet Singh and Shri Girija Shankar Kumar inter-alia directing that the above mentioned 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 abovementioned past Directors of SCL are 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;
Further, the abovementioned past Directors of SCL shall provide a full inventory of all his assets and properties.
The company was engaged in fund mobilizing activity through issue of Redeemable Preference Shares (RPS) to
more than 49 persons without complying with relevant provisions of the Companies Act, 1956 and the SEBI
Act,1992.
The above mentioned persons were earlier Directors of SCL during the offer of RPS by SCL.
The full text of the order is available on the website: www.sebi.gov.in

Mumbai
November 30, 2015

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