October 17, 2008
PR No. 228/2008

Order in the matter of Suraj Products Limited

Dr. K.M. Abraham, Whole Time Member, SEBI, has passed an order dated October 10, 2008, disposing off the Show Cause Notice dated July 20, 2007 of Securities and Exchange Board of India and directing that adjudication proceedings be initiated against Mr Y.K. Dalmia and persons acting in concert with him namely, Mrs. Gayatri Dalmia, Mr.Ghanshyam Dalmia, Mr. K.P. Dalmia, Mrs. Kumudini Dalmia, Miss Nandita Dalmia, Miss Nivedita Dalmia, Mr.R.K. Dalmia, Mrs. Sunita Dalmia and M/s. Narbada Innovative Products Pvt. Ltd., for prima facie violating the provisions of Regulation 11(1) (as it stood as on the date of acquisition) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 in respect of their acquisition of 15,00,000 equity shares (on preferential basis) of the target company, namely, Suraj Products Limited, on January 8, 2002.

Mumbai

October 17, 2008

For full copy of order against GAYATRI DALMIA, click here.

For full copy of order against GHANSHYAM DALMIA, click here.

For full copy of order against K.P.DALMIA, click here.

For full copy of order against KUMUDINI DALMIA, click here.

For full copy of order against NANDITA DALMIA, click here.

For full copy of order against NARBADA INNOVATIVE PRODUCTS PVT.LTD., click here.

For full copy of order against NIVEDITA DALMIA, click here.

For full copy of order against R.K.DALMIA, click here.

For full copy of order against SUNITA DALMIA, click here.

For full copy of order against Y.K.DALMIA, click here.