M/s Kalpena Plastiks Limited

SAT-appeal

• BSE alleged violation of Clause 24(a) for allotting 32,60,035 shares without prior in-principle approval and demanded undertaking to recompute price after 6 months as scrip was suspended with no trading data.
  Appeal allowed · BSE letter dated November 10, 2010 set aside
• BSE allegedly failed to pass any order on appellant's request for listing of shares.
  Appeal disposed as infructuous after listing order was passed and communicated · Appellant granted liberty to challenge newly communicated order in accordance with law
  Appeal: Appeal No. 130 of 2010 disposed as infructuous on 15.11.2010