We are clear... SEBI's Letter Forged...

Pyramid Saimira alleged that competitors and big business interests are behind the constant hammering of its share price and also creating panic among the investors with an ulterior motive.    Pyramid Saimira calls for investigation by the concerned investigative agencies including Central Bureau of Investigation since there has been evidence in light that a Government’s letter head has been forged by concerned parties.

Diary of Events:
Sunday, Dec 21
Newspaper reports quote the Pyramid Saimira Company secretary as admitting he had received SEBI's letter on Saturday. Company secretary denies reports

Monday, Dec 22
In response to reports, firm tells BSE/NSE that no order had been received from SEBI until Monday morning. 'Note' delivered thereafter.

Tuesday, Dec 23
SEBI confirms that it has not issued any such letter, CMD claims manipulation of stock and selective leaks of forged note.

Press Release:

Pyramid Saimira's Clarification on SEBI's letter

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