PRESS RELEASE - SEBI

September 26, 2011
PR No. 131/2011


Consent Order in the matter of M/s. Ekam Leasing and Finance Co. Limited

A Panel consisting of Chairman, SEBI, Shri U.K.Sinha and Whole Time Member, SEBI, Shri Prashant Saran, has passed consent order dated September 22, 2011 on the consent application submitted by M/s. Ekam Leasing and Finance Co. Limited for alleged delay in compliance with the provisions of Regulation 8(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 for the years 1998 to 2009, relating to disclosures to be
made to the Stock Exchanges.
 
The applicant has remitted a sum of Rs.5,60,000/- (Rupees Five Lakh Sixty Thousand only) towards the settlement charges in the matter.
 
  
Mumbai

September 26, 2011


For full copy of order against EKAM LEASING & FINANCE CO.LTD., click here.