February
28, 2012
PR
No. 024/2012
Consent Order on the application submitted by M/s. RNR Trading Pvt. Ltd. and M/s. Ruia Industries
Pvt. Ltd.
A Panel consisting of Whole Time Members, SEBI, Shri Prashant Saran and Shri Rajeev Kumar Agarwal has
passed a consent order dated February 14, 2012 on the application submitted by M/s. RNR Trading Pvt Ltd. and
M/s. Ruia Industries Pvt. Ltd. for delayed compliance of Regulations 7(1) and 7(1A) of SEBI (Substantial Acquisition
of Shares and Takeovers) Regulations, 1997 and failure to make open offer under Regulation 11(2) of SEBI
(Substantial Acquisition of Shares and Takeovers) Regulations, 1997 in the matter of Vinaditya Trading Company
Ltd. The applicants without admitting or denying guilt have remitted a sum of ` 5,00,000/- (Rupees Five Lakh only)
towards settlement charges, in the matter.
Mumbai
February 28, 2012
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