PRESS RELEASE - SEBI

June 13, 2011
PR No. 089/2011


Consent Order on the application submitted by M/s. Kredence Multi Trading Ltd. in the matter of M/s. Uttam Galva Steels Limited

A Panel consisting of Whole Time Members, SEBI, Dr. K. M Abraham and Shri Prashant Saran, has passed a consent order dated June 08, 2011 on the application submitted by M/s. Kredence Multi Trading Ltd. for delay in compliance of Regulation 8(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 for the years 1999-00 and 2000-01. The applicant has remitted a sum of ` 2,00, 000/- (Rupees Two Lakh only) towards settlement charges, in the matter.
 
  
Mumbai
June 13, 2011

For full copy of order against KREDENCE MULTI TRADING LTD., click here.