Order in respect of the alleged acquisition of shares of M/s. PAL - Peugeot Limited by M/s. Premier Limited

Press Release
Securities and Exchange Board of India
Oct 14, 2010
PR No.: 229/2010

PR No.229/2010

Order in respect of the alleged acquisition of shares of

M/s. PAL - Peugeot Limited by M/s. Premier Limited

Dr. K.M. Abraham, Whole Time Member, SEBI, has passed an order dated October 12, 2010, disposing of the Show Cause Notice dated February 05, 2010 issued to M/s. Premier Limited for the alleged violations of Regulations 11(1) and 12 of Takeover Regulations in respect of alleged acquisition of shares of  M/s. PAL - Peugeot Limited, without any directions.

 

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

Mumbai

October 14, 2010