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PRESS RELEASE - SEBI

 July 28, 2009
PR No. 226/2009

Consent Order in the matter of M/s. BOC India Limited

A Panel consisting of Whole Time Members, SEBI, Shri M.S. Sahoo and Dr. K.M. Abraham has passed a consent order dated July 23, 2009 on the consent application submitted by M/s. BOC Holdings (hereinafter referred to as applicant) for considerable delay in filing a report under Regulation 3(4) read with Regulation 3(5) of the SEBI (Substantial Acquisition of Shares and Takeovers), Regulations, 1997 in connection with acquisition of the beneficial ownership of 12,991, 132 equity shares of M/s. BOC India Limited by virtue of declaration of a trust dated September 30, 1997 issued by M/s. BOC Group Limited in favor of the applicant. The applicant without admitting or denying guilt has remitted a sum of Rs.2,00,000/- (Rupees two lakh only) towards settlement charges in the matter. 


Mumbai

July 28, 2009

For full copy of order against BOC HOLDINGS, click here.

 
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