July 01, 2008
PR No. 130/2008
Consent Order in the matter of Kausar India Limited
A Panel consisting of Shri C.B.Bhave, Chairman and Dr. T. C. Nair, Whole Time Member has passed consent order dated June 16, 2008, in the matter of Kausar India Limited on the application of consent for non compliance of Regulation 7 (1A) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 1997 submitted by Mr. Sadeev Sandhu, Ms. Kashni Sandhu and Ms. Shilpi Sandhu (Persons Acting in Concert)., in accordance with SEBI Guidelines dated April 20, 2007 for consent orders. The applicant has remitted a sum of Rs.50,000/- (Rupees Fifty Thousand only) towards the terms of consent in the matter.
Mumbai
July 01, 2008
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