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SOURCE OF INFORMATION : SECURITIES AND EXCHANGE BOARD OF INDIA WEBSITE – PRESS RELEASES/ CHAIRMAN’S AND MEMBER’S ORDERS / AO ORDERS/ SAT ORDERS/ NEWSPAPER ADS
UPDATED TILL : 21-NOV-2024

NAMES IN BROWN COLOUR
Names of entities/persons in brown colour denote that the regulatory order is not against them but their names have been mentioned only for association purposes.

COMPANIES: DIRECTED TO REVISE OFFER PRICE AFTER INCLUDING THE PAYMENT OF NON-COMPETE FEE OF RS.14.50 PER SHARE SO AS TO MAKE IT TOTAL RS.72.50 PER SHARE ALONGWITH INTEREST

S.No. ENTITY PERSONS REGULATORY CHARGES REGULATORY ACTION(S) / DATE OF ORDER FURTHER DEVELOPMENTS
1 
History of entity/person CEMENTRUM I.B.V.  
  NON-COMPETE FEE TO SELLING PROMOTERS NOT JUSTIFIED IN MATTER OF OPEN OFFER OF MYSORE CEMENTS LTD. BY CEMENTRUM I.B.V.  DIRECTED TO REVISE OFFER PRICE AFTER INCLUDING THE PAYMENT OF NON-COMPETE FEE OF RS.14.50 PER SHARE SO AS TO MAKE IT TOTAL RS.72.50 PER SHARE ALONGWITH INTEREST

14-JAN-2008 		SAT: SET ASIDE DIRECTION OF THE BOARD AND DIRECTED SEBI TO PASS FRESH ORDER GIVING REASONS OF ADDING NON-COMPETE FEE IN NOGOTIATED PRICE PER SHARE

SAT: APPEAL ALLOWED WITH NO ORDER AS TO COSTS
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.

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