0181-2011 M-s. Alka Securities Ltd. vs Securities and Exchange Board of India
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The figures mentioned in the aforesaid chart have not been disputed by the learned counsel appearing for the appellant. A mere look at the chart would make it clear that as on March 31, 2009, the actual promoter holding in the company was 13.93 per cent and what was disclosed to BSE was 54.12 per cent. There is huge variance in the two figures. The fact that the promoters hold a substantial part of the share capital in a company has its own impact on the investors and the public and if the figures are inaccurate or inflated, it is obvious that the investors and the public are being def
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI Appeal No. 181 of 2011 Date of decision : 22.12.2011 M/s. Alka Securities Ltd.
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Source: SecMarx — 0181-2011 M-s. Alka Securities Ltd. vs Securities and Exchange Board of India. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.