sebi:DSR/AO-27/2008
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Facts / Headnote
Penalty of Rs. 2,00,000 imposed on the company for delayed compliance with Regulations 6(2), 6(4) and 8(3) of SAST Regulations
Provisions invoked
- s. 15A
- s. 15
Regulations
- Reg. 8(3)
- Reg. 6(2)
- Reg. 6(4)
Parties
- Company (name not specified in extract)
Holding
The company was found to have delayed compliance with Regulations 6(2), 6(4) and 8(3) of SAST Regulations, and a monetary penalty of Rs. 2,00,000 was imposed under Section 15A(b) of the SEBI Act, 1992.
Full text
Page 2 of 7 to as “BSE”) and Ahmedabad Stock Exchange (hereinafter referred to as “ASE”) to provide the extent of compliance with regard to the disclosure provisions contained under chapter II of SAST done by the company.
Page 3 of 7 Continual disclosures Regulation 8(3): Every company whose shares are listed on a stock exchange, shall within 30 days from the financial year ending March 31, as well as the record date of the company for the purposes of declaration of dividend, make yearly disclosures to all the stock exchanges on which the shares of the company are listed, the changes, if any, in respect of the holdings of the persons referred to under sub-regulation (1) and also holdings of promoters or person(s) having control over the company as on 31st March. APPOINTMENT OF AO
Page 4 of 7 the authorised representative submitted that she would be filing the reply to the SCN dated October 15, 2007 on or before September 1, 2008.
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Source: SecMarx — sebi:DSR/AO-27/2008. 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.