March 30, 2009
PR No. 114/2009
Consent order on the application submitted by Hira Industries Limited
in the matter of Hira Ferro Alloys Limited
A Panel consisting of Whole Time Members, SEBI, Shri M.S. Sahoo and Dr. K.M. Abraham, has passed a consent order dated March 24, 2009 on the consent application submitted by Hira Industries Limited in the matter of Hira Ferro Alloys Limited for delay in filing a report under Regulation 3(4) read with 3(5) of the SEBI (Substantial Acquisition of Shares and Takeovers), Regulations, 1997. The applicant without admitting or denying guilt has remitted a sum of Rs.50,000/- (Rupees fifty thousand only) towards settlement charges in the matter.
Mumbai
March 30, 2009
|
