Consent Order on the application of M/s Shakti Met-Dor Limited in the matter of M/s Shakti Met-Dor Limited

Press Release
Securities and Exchange Board of India
Jun 08, 2010
PR No.: 130/2010

PR No.130/2010

Consent Order on the application of M/s Shakti Met-Dor Limited

in the matter of M/s Shakti Met-Dor Limited

 

A Panel consisting of Whole Time Members, SEBI, Dr. K. M. Abraham and Shri Prashant Saran, has passed consent order dated June 02, 2010 on the consent application submitted by M/s Shakti Met-Dor Limited for settlement of non-compliance of the provisions of Regulations 6(2), 6(4) in the year 1997 and of the provisions of the Regulation 8(3) for the years 1998, 2000-2004 , 2006-2008,  relating to the disclosures to be made to the Stock Exchanges  under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997.

The applicant without admitting or denying guilt has remitted a sum of   Rs.5,55,000/- (Rupees Five Lakh Fifty Five Thousand only) towards settlement charges in the matter.

The full text of the order is available on the website: www.sebi.gov.in. 

Mumbai

June 08, 2010