Consent Order in the matter of M/s Uniflex Cables Ltd.
A Panel consisting of Dr. T.C. Nair, Whole Time Member, SEBI and Shri M.S. Sahoo, Whole Time Member, SEBI has passed a consent order dated October 08, 2008, on the application of consent by M/s. Uniflex Cables Ltd., for making requisite disclosures, under Regulation 6(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (hereinafter referred to as “Takeover Regulations”) for the year 1997 and Regulation 8(3) of the said Regulations for the years 1998-2002, with considerable delay, in the matter of M/s. Uniflex Cables Ltd., in accordance with SEBI Circular on consent orders dated April 20, 2007. The applicant has remitted a sum of Rs.2,50,000/- (Rupees Two Lakh Fifty Thousand only) towards the terms of consent in the matter.
The full text of the order is available on the website: www.sebi.gov.in
Mumbai
October 14, 2008