sebi:AK/AO-212-219/2014
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Facts / Headnote
Violations established; monetary penalty imposed under Section 15A(b) of SEBI Act, 1992
Provisions invoked
- s. 15A
- s. 15
- s. 15J
Regulations
- Reg. 199
- Reg. 8
- Reg. 8(3)
- Reg. 30
- Reg. 30(2)
- Reg. 8(1)
Parties
- M/s. Mapro Industries Limited
- Shri Gopal Krishan Somani
- GopalKrishan Somani (HUF)
- Shri Sanjay Somani
- Sanjay Somani (HUF)
- Ms. Shruti Somani
- M/s. Alok Wires Pvt. Limited
- M/s. Mebags Investment Services Pvt. Limited
Holding
The erstwhile promoters violated Regulation 30(2) read with 30(3) of the Takeover Regulations, 2011 for the financial year ended March 31, 2012 with 20 days delay, and the Company violated Regulation 8(3) of the Takeover Regulations, 1997 for the years 2005, 2007, 2009 and 2011. Monetary penalty under Section 15A(b) of the SEBI Act, 1992 was imposed: Rs.4,00,000 on the Company and Rs.2,00,000 each on the seven promoter noticees.
Full text
____________________________________________________________________________________ Adjudication order in the matter of M/s. Mapro Industries Limited Page 2 of 11
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Source: SecMarx — sebi:AK/AO-212-219/2014. 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.