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词条 Sai Prasad Corporation
释义

  1. Investigations

  2. References

{{About| Sai Prasad Corporation Ltd ||Prasad Studios|Prasad Studios|And (disambiguation){{!}}And|Prasad_(disambiguation)}}{{Orphan|date=September 2018}}{{more citations needed|date=July 2013}}{{Infobox company
| name = Sai Prasad Corporation Ltd
| logo =
| type = Public
| industry = Real estate development, Construction, Food, Energy, Media
| location_city = Pune, India
| key_people = Balasaheb Bhapkar (Chairman)
Shashank Bhapkar (MD)
| homepage = {{URL|http://www.saiprasadgroup.com/}}
}}

Sai Prasad Corporation Ltd . (SPCL), is an Indian real estate developer headquartered in Pune.[1] It is engaged in the business of construction, energy, food, media, townships, housing projects, commercial premises and other related activities. The company is also engaged in processed foods, agro-products and farms, finance, media, infrastructure, energy and property projects. It is primarily focused on residential and contractual projects.

Sai Prasad Group has 180 branches in 150 cities and over 2000 employees. In 2013, SPCL MD, Shashank Bhapkar was presented with the Young Entrepreneur of the Year Award, by the Indo-British Business Forum, in London. Ram Oberoie the Marketing expert of the company was also presented the same award as being part of Sai Prasad.[2]

Investigations

In 2011, the Ministry of Corporate Affairs began investigating Sai Prasad Group for "alleged financial irregularities", according to Business Standard.[3] In 2013, the investigation extended to the Securities and Exchange Board of India (SEBI), the Reserve Bank of India, and the economic offenses department of the police department in Goa. The company is alleged to have raised money for various businesses in an unauthorized manner.[3] In July 2013, the SEBI ordered Sai Prasad Group to stop collecting money from the public, start any new business projects, or get rid of any assets. The company also charged Ram Oberoie and family with pocketing public funds worth 3550 crores.[4] Sebi orders attachment of bank, demat a/cs of Sai Prasad Corp. 

References

1. ^{{cite news |url= http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapid=114824250 |title=Company Overview of SAI Prasad Group |publisher=businessweek |deadurl=no |accessdate=2013-07-24}}
2. ^{{cite news |url= http://www.dnaindia.com/pressreleases/1847963/press-release-ibbf-presents-young-entrepreneur-award-to-md-of-sai-prasad-group |title= Sai Prasad Corporation Ltd |publisher=dnaindia.com|deadurl=no |accessdate=2013-07-24}}
3. ^{{cite news|last=Subramanian|first=M Sundaresha|title=Sai Prasad Group's activities under multi-agency probe|url=http://www.business-standard.com/article/markets/sai-prasad-group-s-activities-under-multi-agency-probe-113012500058_1.html|accessdate=26 August 2013|newspaper=Business Standard|date=25 January 2013}}
4. ^{{cite news|title=SEBI bars Sai Prasad Group cos, promoters from collecting money|url=http://www.thehindubusinessline.com/markets/stock-markets/sebi-bars-sai-prasad-group-cos-promoters-from-collecting-money/article4928484.ece|accessdate=26 August 2013|newspaper=Business Line|date=18 July 2013}}

1 : Real estate companies of India

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