SEBI (Securities and Exchange Board of India) is warning traders in trading in these 91 company may not. SEBI these companies Collective Investment Scheme (CIS) is detected. The scheme offers firms are not registered with SEBI. Also some of the companies is not information of the offer in the regulator.
Sebi in January 2011 a total of 91 companies that made the list. The scheme of capital market regulator to restrict the directors had ordered.
What is a Collective Investment Scheme (CIS)
Unregistered Collective Investment Scheme (CIS) is a kind of fund rising scheme, in which people are asked to find the money. The companies raise funds and investors are guaranteed certain returns.
These company include
Sun plant Agro
NJHI developer India
mps greenery developers ltd
saradha realty india ltd
alchemist infra realty limited
Rose valley hotevic ls and Intermaint
sai prasad properties limited
Sai parsad food limited
NICL India limited
garima homes and farm houses limited
RBN infrastructure India limited
Shree ram real estates and Business solution limited
Rich infra developers india ltd
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