December
04, 2009 PR No. 374/2009
Consent order on the application submitted by Mr. Y. K Dalmia in the matter of M/s. Suraj Product Limited
In accordance with SEBI Circular dated April 20, 2007 for consent orders, a panel consisting of Whole Time Members, SEBI, Shri M. S. Sahoo and Dr. K. M. Abraham, has passed a consent order dated November 26, 2009, on the application submitted by Mr. Y. K Dalmia in the matter of M/s. Suraj Product Limited, in regard to the alleged violation of regulation 11(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. The applicant has remitted a sum of Rs.6,00,000/- (Rupees six lakh only) towards settlement charges and Rs.25,000/- (Rupees twenty five thousand only) as administrative expenses in the matter.
The order shall come into force with immediate effect.
Mumbai
December 04, 2009
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