April 28, 2010
PR No. 107/2010

Consent Order on the application submitted by Shri Mridu Hari Dalmia in respect of M/s. Marathwada Refractories Limited

A Panel consisting of Whole Time Members, SEBI, Dr. K.M. Abraham and Shri Prashant Saran, has passed a consent order dated April 26, 2010 on the consent application submitted by Shri Mridu Hari Dalmia on his behalf and on behalf of Mridu Hari Dalmia Parivar Trust, Smt. Padma Dalmia and Shri R. H. Dalmia, Himalayan Natural Products Ltd. Kabirdas Investments Ltd. and Raghu Hari Dalmia Parivar Trust (hereinafter referred to as the �applicants�) for their failure to file the report under 3(3) of the SEBI (Substantial Acquisition of Shares and Takeovers), Regulations, 1997 { hereafter referred to as �Takeover Regulation�} with the stock exchange and delay in filing of report under 3(4) of the Takeover Regulations with SEBI in respect of acquisition of shares of M/s. Marathwada Refractories Limited, in accordance with SEBI Circular dated April 20,2007 for consent orders.
 
The applicants without admitting or denying guilt has remitted a sum of Rs.3,40,000/- (Rupees three lakh and fourty thousand only) towards settlement charges in the matter.

Mumbai

April 28, 2010

For full copy of order against HIMALAYAN NATURAL PRODUCTS LTD., click here.

For full copy of order against KABIRDAS INVESTMENTS LTD., click here.

For full copy of order against MRIDU HARI DALMIA, click here.

For full copy of order against MRIDU HARI DALMIA PARIVAR TRUST, click here.

For full copy of order against PADMA DALMIA, click here.

For full copy of order against R.H.DALMIA, click here.

For full copy of order against RAGHU HARI DALMIA PARIVAR TRUST, click here.