POST DETAILS

Post No: 113092 March 20, 2008, 07:47AM
Guest wrote:

Breaking News

The ENFORCEMENT DIRECTORATE Chennai office conducted raids on 12 March 2008 with a large team of officials at the Registered office and Corporate Headquarters of Helios & Matheson Information Technology Ltd – Chennai at the following location:
Corporate & group headquarters

Helios & Matheson Information Technology Ltd
Ganga griha, No 9, (old #6-d),
Nungambakkam High Road
Chennai 600 034 Tamilnadu India

Registered office
Helios & Matheson Information Technology Ltd
Adwave towers
No 9 South Boag road ,T.Nagar,
Chennai 600017 Tamilnadu India

The raid's started at around 10:30 A.M on March 12, 2008 on instructions / report received from The Reserve Bank of India – Mumbai that the company Helios & Matheson InformationTechnology Ltd – Chennai were involved in Money Laundering, forgery, fabrication of document for availing loan in Foreign Currency and providing personal guarantees in view of which committing 'FEMA' Violation.

One of the officials informed me that the raid's continued the whole day and they confiscated numerous amount of documents, Data etc from the office premises of Helios & Matheson Information Technology Ltd – Chennai and a thorough interrogation is in progress of Chairman V.Ramachandrian as well as G.K Muralikrishna the Managing Director on whom the ENFORCEMENT DIRECTORATE had warrants against.

The following offices of the Enforcement Directorate Chennai conducted raids on Helios & Matheson on 12th March 2008 and are still further thoroughly interrogating Mr.V Ramachandrian Chairman and G.K Muralikrishna - Managing Director of H&M at the following locations / offices of the Enforcement Directorate in Chennai.

Mr. Mohan Doss
Deputy Director
Enforcement Directorate
IV Block, 'Shastri Bhavan'
Chennai – 600006
Ph 28278266

To
Mr. N.M Chidamambaram
Asst Director
Directorate of Enforcement
IV Block, 'Shastri Bhavan'
Haddows Road
Chennai – 600006
Ph - 28271446

Mr.P.V.Balasubramani
Enforcement Officer,
Directorate of Enforcement
IV Block, 'Shastri Bhavan'
Chennai – 600006
Ph 9841149251
28278266 Ext 218

T. Saravanan
Enforcement Officer,
Directorate of Enforcement
IV Block, 'Shastri Bhavan'
Chennai – 600006
Ph 9445112133

The Managing Director of Helios & Matheson Mr. G.K Muralikrishna who has also been summoned by the Enforcement Directorate is trying his level best to obstruct the findings of ED Department by getting influence put on them through his brother in law who is in the
Police / CBI.

Any one can call the Enforcement Directorate offices and confirm the same from them. The share price has collapsed to Rs 57 only.

Helios & Matheson Information Technology Ltd – Chennai Listed on BSE/ NSE 'HELMAT '532347'

The following is on the Money Control website:


You are here : Moneycontrol MMB Stocks Helios and Mat




View Archive



View by > Latest Thread | Messages 3 queries on Helios and Mat



Penny Stock (4)
Tracked by (1)
Posted by : Guest at 19-Mar-08 12:41

Price : BSE: Rs 58.75 ( 1.64 % ), NSE: Rs. 58.55 ( 1.47 % ) when posted
Dear friends, sell this share as soon as possible. Many negative cues are coming for helios. Within 4 months this will trade in the range of 4 to 10 rs. Anyone trying to invest feeling that the...




legal action (30)
Tracked by (0)
Posted by : Guest at 13-Mar-08 18:09

Price : BSE: Rs 68.20 ( -5.47 % ), NSE: Rs. 68.45 ( -5.33 % ) when posted
My dear friend you are right this is definately a Helios representative who wants to push your message down and cover up the facts from all investors. So i am putting your message back here.......




Findings (6)
Tracked by (0)
Posted by : Guest at 12-Mar-08 10:02

Price : BSE: Rs 75.85 ( 4.19 % ), NSE: Rs. 77.50 ( 2.92 % ) when posted
Congratulations to all, we have caught the Helios rep red handed. Now he is reading a clause from the report, which means there is a Rbi report.We have caught him which means there is a Court or...








H&M north america -net loss- 8000 (9)
Tracked by (0)
Posted by : Guest at 04-Mar-08 13:50

Price : BSE: Rs 79.00 ( -8.14 % ), NSE: Rs. 80.50 ( -6.23 % ) when posted
And here my dear friends, its started to sink again. My first target of 60 is on the way. we can see it in a short period. Happy investing!...




Very good stock to buy on current level (3)
Tracked by (0)
Posted by : Guest at 28-Feb-08 09:14

Price : BSE: Rs 91.70 ( -0.65 % ), NSE: Rs. 91.50 ( -1.35 % ) when posted
I think this company is a fake one. SEBI should take charge and act to safe guard the investors....




Good Fundamental (4)
Tracked by (0)
Posted by : Guest at 26-Feb-08 12:04

Price : BSE: Rs 92.80 ( 1.70 % ), NSE: Rs. 92.50 ( 1.37 % ) when posted
This Is a Court Order where Honorable Magistrate Confirms that he finds sufficient grounds for proceeding against H&M & others for cheating, fabricating & forging of documents etc. In the co...




What is PE of this stock (14)
Tracked by (0)
Posted by : Guest at 22-Feb-08 11:31

Price : BSE: Rs 93.65 ( 0.27 % ), NSE: Rs. 93.65 ( -0.48 % ) when posted
This Is a Copy Of The Report Sent By The Reserve Bank Of India - Mumbai Which Has Been Forwarded To The Enforcement Directorate For Violations Under Fema Act As Well As For Forgery / Fabrication ...




Mental Lost (8)
Tracked by (0)
Posted by : Guest at 21-Feb-08 13:02

Price : BSE: Rs 94.00 ( 2.34 % ), NSE: Rs. 93.65 ( 1.52 % ) when posted
I do not understand if the truth has come out why are you trying to support the company....Who is VMoksha?? why do you talk about it always..This is a report from a Regulatory Authority RBI and i...




Helious - very good buy (2)
Tracked by (0)
Posted by : Guest at 21-Feb-08 11:15

Price : BSE: Rs 93.85 ( 2.18 % ), NSE: Rs. 93.30 ( 1.14 % ) when posted
I think this is really very very bad news, We have been misguided by Leo and Shoa all these months. I dont know what other proof we need after seeing the court order and The Reserve Bank Report. ...


The stock has collapsed to Rs 56 as per below today







Helios and Mat
click here for options
• 19, 15:55 Last Price Change Volume

• BSE

• Rs.56.40

• -1.40 -2.42%

• 93460

• NSE

• Rs.56.55

• -1.15 -1.99% 94377
•

Type the characters that you see in the box (5 characters).