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  Sebi Public Notices

PUBLIC NOTICESTATUS OFREFUND EFFECTED TO INVESTORSOF PACL LTD.The

September08, 2020

Justice (Retd.) R. M. LodhaCommittee (in the matter of PACL Ltd.) has, as on date, successfully effected refundwith respect to 12,48,344 eligible applications (with claims upto Rs. 10,000/-) aggregating to Rs. 429.13crore.

The Committee had, after effecting refundwithrespect to9,72,481eligible applications having claim amount upto Rs. 8,000/-, initiated the process of refundto investors with claim amount between Rs. 8,001/Rs. 10,000/-and has effected paymentwith respect to 2,75,863 eligible applications.

08 Sep, 2020

September 08, 2020 PUBLIC NOTICE STATUS OF REFUND EFFECTED TO INVESTORS OF PACL LTD. The Justice (Retd.) R. M. Lodha Committee (in the matter of PACL Ltd.) has, as on date, successfully effected refund with respect to 12,48,344 eligible applications (with claims upto Rs. 10,000/-) aggregating to Rs. 429.13 crore.

The Committee had, after effecting refund with respect to 9,72,481 eligible

Sebi page

Aug 10, 2018
PR No.: 35/2018

Issuance of SMSes by the Committee to the Investors of PACL Seeking Their Original Certificates / Receipts

The Justice (Retd.) R.M. Lodha Committee (in the matter of PACL Ltd.) (the ‘Committee’) in pursuance of its mandate has started the process of refund, at the first instance, with respect to investors having claims of not more than Rs. 2,500. In accordance thereof verification is being carried out of the applications received.

Consequent to such verification, SMSes have been sent to investors asking them to send their original PACL certificates/receipts to the Committee at the address: SEBI Committee in the matter of PACL, Regus Grandeur Offices Pvt. Ltd., 8th Floor Samson Towers, Pantheon Road, Block No.31, Egmore, Chennai-600008.

In this regard, investors are hereby informed that ONLY if you have received an SMS asking you to send the original PACL certificates/receipts to the above address, then you may by speed post/courier/registered post send your original PACL certificates/receipts in respect of the PACL Registration number for which application was made to the above address. 

It is further informed that refunds upon verification of genuineness of the original PACL certificates/receipts submitted would be credited directly to your bank account provided in the application. 

Sebi Public Notices