PR No. 010/2010
Consent Order in the matter of M/s. Ingersoll-Rand Company
A Panel consisting of Whole Time Members, SEBI, Shri M. S. Sahoo and Dr. K. M. Abraham, has passed consent order dated January 08, 2010 on the consent application submitted by M/s. Ingersoll-Rand Company (IR USA) (hereinafter referred to as the applicant) for non-compliance with the provisions of Regulation 6(1), 6(3) and Regulation 8 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, in accordance with SEBI Circular dated April 20, 2007 for consent orders.
The applicant without admitting or denying guilt has remitted a sum of Rs.7,20,000/- (Rupees Seven Lakh Twenty Thousand only) towards the settlement charges in the matter.
January 13, 2010