sebi:WTM/GM/EFD/97/2017-18
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Facts / Headnote
SCN dated January 19, 2017 disposed of; allegations of violation of Regulations 10 and 11(1) dropped
Regulations
- Reg. 199
- Reg. 10
- Reg. 11(1)
- Reg. 2(e)(2)(i)
- Reg. 2(e)(2)
- Reg. 0
Parties
- Srinivasa Rao Marupudi
- Ravindra Deshpande
- Srinivas Yadav Sher
- Shaik Ameer Basha
Holding
The SCN dated January 19, 2017 against Srinivasa Rao Marupudi, Ravindra Deshpande, Srinivas Yadav Sher and Shaik Ameer Basha was disposed of and the allegations that they violated Regulations 10 and 11(1) of SEBI (SAST) Regulations, 1997 were dropped.
Full text
_______________________________________________________________________________________ Order in the matter of Exelon Infrastructure Limited Page 2 of 7
_______________________________________________________________________________________ Order in the matter of Exelon Infrastructure Limited Page 3 of 7 2(e)(2)(iii) of SEBI (SAST) Regulations 1997, crossed 15% on 19/09/2011. However, the 3 directors have failed to make a public announcement to acquire shares in accordance with Regulation 10 of SEBI (SAST) Regulations, 1997.
_______________________________________________________________________________________ Order in the matter of Exelon Infrastructure Limited Page 4 of 7 Therefore, the 4 directors named above failed to make a public announcement to acquire shares in accordance with Regulation 10 of SEBI (SAST) Regulations, 1997.
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Source: SecMarx — sebi:WTM/GM/EFD/97/2017-18. 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.