PRESS RELEASE - SEBI

 December 31, 2009
PR No. 418/2009

Consent Order in the matter of M/s Brand Realty Services Limited

A Panel consisting of Whole Time Members, SEBI, Shri M. S. Sahoo and Dr. K. M. Abraham has passed a consent order dated December 23, 2009 on the application submitted by M/s Brand Realty Services Limited for non compliance of Regulations 6(2) and 6(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 for the year 1997 and Regulation 8(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 for the years 1998 to 2007. The applicant without admitting or denying guilt has remitted a sum of Rs.3,00,000/- (Rupees three lakhs only) towards settlement charges. 
 

Mumbai

December 31, 2009

 


For full copy of order against BRAND REALTY SERVICES LTD., click here.