38 entities register with SEBI with same phone no and address

By SiliconIndia   |   Tuesday, 29 December 2009, 06:26 Hrs
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New Delhi: You might not believe, but it is true. 38 foreign venture capital investors (FVCIs) incorporated in Mauritius registered with Securities and Exchange Board of India (Sebi) with the same address, phone and fax numbers, reports Business Standard.

According to SEBI data, 97 percent of FVCIs are incorporated in Mauritius. Out of 135 such entities, 131 are registered in the island nation. The address - IFS Court, 28, Cybercity, Ebene, Mauritius, phone number (230) 467 3000 and fax number (230) 467 4000 are common to 38 different funds.

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