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PRESS RELEASE - SEBI

 July 30, 2009
PR No. 232/2009

Consent Order in the matter of M/s. Restile Ceramics Limited 

A Panel consisting of Whole Time Members, SEBI, Shri M.S. Sahoo and Dr. K.M. Abraham has passed a consent order dated July 29, 2009 on the consent application submitted by M/s. Restile Ceramics Limited for non-compliance with Regulation 8(3) of the SEBI (Substantial Acquisition of Shares and Takeovers), Regulations, 1997 for the years 2000 to 2003.
 
The applicant without admitting or denying guilt has remitted a sum of Rs.1,25,000/-(Rupees One Lakh Twenty Five Thousand only) towards settlement charges, in the matter.  


Mumbai

July 30, 2009

For full copy of order against RESTILE CERAMICS LTD., click here.

 
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