PRESS RELEASE
Charges against Union Bank of India
in the case of M/s. Vikas WSP Ltd., disposed off
Securities and Exchange Board of India (SEBI) has passed an order on November 01, 2004, under regulation 13(2) of the SEBI ( Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002, against Union Bank of India, the Merchant Banker to the Issue, in the case of M/s. Vikas WSP Ltd. disposing off the matter as the facts and circumstances of the case do not merit imposition of any penalty.
The full text of the order is available on our website: www.sebi.gov.in
Mumbai
November 04, 2004