August 04, 2009
PR No. 244/2009

 SEBI passes Consent Order on the application submitted by M/s. Anand Lease and Finance 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 29, 2009 on the consent application submitted by M/s Anand Lease and Finance Limited for its failure to make the requisite disclosures under Regulation 6(2), Regulation 6(4) and Regulation 8(3) of the SEBI (Substantial Acquisition of Shares and Takeovers), Regulations, 1997. The applicant without admitting or denying guilt has remitted a sum of Rs. 3,00,000/- (Rupees three lakh only) towards settlement charges in the matter.


August 04, 2009

For full copy of order against ANAND LEASE & FINANCE LTD., click here.