Business - Briefly   

CRB Mutual Fund repays

CHENNAI, SEPT. 14. The redemption warrants on Arihant Mangal, a close ended growth scheme have been despatched to 6,178 unitholders of CRB Mutual Fund as on September 1, 2004, according to a release from the Securities and Exchange Board of India. The scheme was floated by the erstwhile CRB Mutual Fund in 1994. After getting reports of financial irregularities SEBI took some initiatives and the High Court of Bombay approved repayment upto 300 units at a net asset value of Rs. 4.95 to each unitholder holding upto 10,000 units.

Printer friendly page  
Send this article to Friends by E-Mail

Business

News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts: Classifieds | Employment | Updates: Breaking News |

Stories in this Section

• Return to stock market, says Chidambaram
• Tata Indigo Marina launch today
• Suzuki's new initiatives raise many eyebrows
• Select shares rally
• Rupee spurts
• Price cut likely for levying duty on edible oils
• Centre's measures sweeten prospects for sugar units
• Bank mergers to be supported
• Bullion rates
• Exchange rates
• Companies on Forbes list
• CRB Mutual Fund repays
• IBA working group on tourism
• Tiruppur dyers' appeal
• Admissions to MBA, MCA programmes
• ICWAI Coimbatore chapter office bearers
• Online interactive map portal
• 24/7 Customer expands operations
• Net4India calling offer to U.S.
• No immediate rate hike due to stiffer CRR
• PNB's customer relations meet
• Cygnus partners SURE group
• Sybase's Pune centre
• Hutch launches mobile shops
• Metropolis Health buys stake in Sudharma
• Seagate sets up Tech Forum
• Online interactive map portal
• IBS executes project for Emirates
• i-flex in pact with U.K. bank

Copyright © 2004, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu