November 19, 2008
PR No. 264/2008

Consent Order in the matter of M/s. Devine Impex Limited

A Panel consisting of Whole Time Members, SEBI, Dr. T. C. Nair and Shri M.S. Sahoo, has passed a consent order dated November 14, 2008, on the consent application submitted by M/s. Devine Impex Limited for non compliance of Regulation 7(3) of the SEBI (Substantial Acquisition of Shares and Takeovers), Regulations, 1997 for the years 2002-2007, Regulation 8(3) for the years 2003-2007 and Regulation 3(4) in the year 2007. The applicant has remitted a sum of Rs.4,00,000/- (Rupees Four Lakh only) towards the settlement charges in the matter.


November 19, 2008


For full copy of order against DEVINE IMPEX LTD., click here.