August 18, 2010
PR No. 195/2010
Consent Order on the application submitted by M/s Chamak Holdings Limited in the matter of M/s Chamak Holdings Limited
A Panel consisting of Whole Time Members, SEBI, Dr. K. M. Abraham and Shri Prashant Saran has passed a consent order dated August 13, 2010 on the application submitted by M/s Chamak Holdings Limited for non compliance of Regulation 6(2) and 6(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 for the year 1997 and Regulation 8(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, for the years 1998-2009 in accordance with SEBI Circular dated April 20, 2007 for consent orders. The applicant has remitted a sum of Rs. 10,05,000/- (Rupees ten lakh five thousand only) towards the settlement charges, in the matter.
The order has come into force with immediate effect.
Mumbai
August 18, 2010
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