PRESS RELEASE - SEBI

 July 12, 2010
PR No. 157/2010

Consent Order on the application submitted by Ruchi Soya Industries Limited

A Panel consisting of Whole Time Members, SEBI, Dr.K.M.Abraham and Shri Prashant Saran, has passed consent order dated June 24, 2010, in accordance with SEBI Circular dated April 20, 2007 for consent orders, on the application submitted by Ruchi Soya Industries Limited in the matter of Param Industries Limited (since amalgamated with Ruchi Soya Industries Limited). The applicant has remitted Rs.1,00,00,000/- (Rs. One Crore Only) towards the settlement charges, in the matter.

Mumbai

July 12, 2010

 


For full copy of order against RUCHI SOYA INDUSTRIES LTD., click here.