PRESS RELEASE - SEBI

 July 26, 2010
PR No. 170/2010

Directions for initiating adjudication proceedings against the promoters of M/s. Surana Industries Limited

Dr. K. M. Abraham, Whole Time Member, SEBI, has passed an order dated July 22, 2010, directing the initiation of adjudication proceedings against Mr. G. R. Surana, Mr. Shantilal Surana, Mr. Vijayraj Surana, Mr. Dineshchand Surana, Mrs. Chandanbala Surana, Mrs. Saraladevi Surana, Mrs. Alka Surana and Mrs. Vasantha Surana, for not making the public announcement within the time specified under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, in respect of their acquisition of 70,00,000 shares of M/s. Surana Industries Limited.

Mumbai

July 26, 2010

 

For full copy of order against ALKA SURANA, click here.

For full copy of order against CHANDANBALA SURANA, click here.

For full copy of order against DINESHCHAND SURANA, click here.

For full copy of order against G.R.SURANA, click here.

For full copy of order against SARALA DEVI SURANA, click here.

For full copy of order against SHANTILAL SURANA, click here.

For full copy of order against VASANTHA SURANA, click here.

For full copy of order against VIJAYRAJ SURANA, click here.