sebi:MC/ST/2021-22/12360
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Facts / Headnote
Proceedings disposed of; allegation not established
Provisions invoked
- s. 21
- s. 23H
- s. 21H
- s. 21J
- s. 3B
Regulations
- Reg. 9
Parties
- M/s. P.M. Telelinks Ltd.
Holding
The allegation against the Noticee of filing incorrect disclosures in respect of promoters' shareholding of PMTL for the quarter ended September 2010 in violation of Clause 35 of the Listing Agreement with BSE read with Section 21 of SC(R)A is not established, and the adjudication proceedings are disposed of.
Full text
Adjudication Order in respect of M/s. P.M. Telelinks Ltd. Page 2 of 17 violations against the Noticee. The appointment of the AO was communicated vide
Adjudication Order in respect of M/s. P.M. Telelinks Ltd. Page 3 of 17 Quarter Ended Promoter Non- Promoter Total Shares No. of Shares % No. Of Shareholders No. of Shares % No. Of Shareholders Mar-10 72,99,700 72.45% 14 27,75,300 27.55% 1,692 1,00,75,000 Jun-10 72,99,700 72.45% 14 27,75,300 27.55% 1,769 1,00,75,000 Sep-10 57,23,359 56.81% 15 43,51,641 43.19% 4,614 1,00,75,000 Dec-10 56,73,359 56.31% 16 44,01,641 43.69% 4,528 1,00,75,000 Mar-11 56,73,359 56.31% 16 44,01,641 43.69% 4,412 1,00,75,000
Adjudication Order in respect of M/s. P.M. Telelinks Ltd. Page 4 of 17 9. Noticee was, therefore, alleged to have violated Clause 35 of the Listing Agreement with BSE read with Section 21 of SC(R)A. The relevant clause of Listing Agreement and provision of SC(R)A are reproduced as under:
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Source: SecMarx — sebi:MC/ST/2021-22/12360. 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.