PRESS RELEASE - SEBI

  October 14, 2008
PR No. 218/2008

Consent Order in the matter of M/s Uniflex Cables Ltd.

A Panel consisting of Dr. T.C. Nair, Whole Time Member, SEBI and Shri M.S. Sahoo, Whole Time Member, SEBI has passed a consent order dated October 08, 2008, on the application of consent by M/s. Uniflex Cables Ltd., for making requisite disclosures, under Regulation 6(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (hereinafter referred to as �Takeover Regulations�) for the year 1997 and Regulation 8(3) of the said Regulations for the years 1998-2002, with considerable delay, in the matter of M/s. Uniflex Cables Ltd., in accordance with SEBI Circular on consent orders dated April 20, 2007. The applicant has remitted a sum of Rs.2,50,000/- (Rupees Two Lakh Fifty Thousand only) towards the terms of consent in the matter.

Mumbai

October 14, 2008

 


For full copy of order against UNIFLEX CABLES LTD., click here.