March 30, 2009
PR No. 115/2009
Consent order on the application submitted by R. R. Ispat Ltd. and Hira Cement Ltd. in the matter of Hira Ferro Alloys Ltd.
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 R. R. Ispat Ltd. and Hira Cement Ltd. in the matter of Hira Ferro Alloys Ltd. 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 applicants without admitting or denying guilt have remitted a sum of Rs.50,000/-(Rupees fifty thousand only) towards settlement charges in the matter.
Mumbai
March 30, 2009
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