PRESS RELEASE - SEBI

 February 19, 2009
PR No. 089/2009

Consent Order in the matter of The Rubber Products Limited

A Panel consisting of Whole Time Members, SEBI, Shri M.S.Sahoo and Dr. K.M.Abraham has passed Consent Order dated February 16, 2009 in accordance with SEBI Circular on consent orders dated April 20, 2007 on an application submitted by The Rubber Products Limited, in the matter of non disclosure of Regulation 8(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 1997.
 
They have remitted a consolidated amount of Rs.1,00,000/- towards settlement charges in the matter without admitting or denying guilt.
  

Mumbai

February 19, 2009

 


For full copy of order against RUBBER PRODUCTS LTD.,THE, click here.