DEPUTY GENERAL MANAGER
INTEGRATED SURVEILLANCE DEPARTMENT
ISD/SR/AM/HTL/ 114487 /2008
January 18, 2008
Hoogly Trading Ltd.
R 64/ 65 Garden Beach Road
Calcutta - 700 024
Dear Sir,
Sub: Show cause notice for alleged violation of Regulation 11(2) read with Regulation 14(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 in the matter of acquisition of shares of Home Trade Ltd.
Please note that a show cause notice was sent to you through Speed Post on July 08, 2004 which was returned undelivered to our office. In view of the same, the said show cause notice is now being posted on the SEBI website herewith.
SHOW CAUSE NOTICE
Your reply to the above show cause notice, together with documents, if any, should reach SEBI within 15 days from the date of this letter.
If you do not reply to the show cause notice as stated above, it will be presumed that you have nothing further to state and SEBI may proceed further in this matter and pass order as it deems fit based on the material available on record.
Further, vide circular no. EFD/ED/Cir-1/2007 dated April 20, 2007 (available at www.sebi.gov.in), SEBI has come out with guidelines for passing of consent orders. If you wish to avail the consent process, you may apply in the prescribed form given in the said Circular. Your application should be forwarded to the address mentioned in the said Circular under intimation to the undersigned.
Yours faithfully
A S Mithwani