SEBI seeks info on IPO probe, warns penalty against DLF

Sebi has summoned realty developer DLF and sought information on the initial public offer (IPO) probe. The market regulator has warned penal action against DLF and may even initiate adjudication proceedings, reports CNBC-TV18 quoting sources. Penal action may be taken under section 11(C) (6) of Sebi Act.

According to sources, Sebi has asked DLF to provide list of promoters, directors, associates, subsidiaries, group or related/ connected companies. It has also asked details of shareholdings in different companies and its relations with DLF Home Developers, DLF Estate Developers and Sudipti.

DLF to issue about 4.5% fresh equity, promoters won't sell

Furthermore, Sebi has directed DLF to provide transfer date and details of Sudipti shareholding and provide clarity if the realty developer has any relation with new Sudipti shareholders. Sebi is also looking for copy of annual accounts and I-T returns for 2006-07, 2007-08.

DLF had filed first Draft Red Herring Prospectus (DRHP) on May 11, 2006 and a subsequent one on January 2, 2007.

Meanwhile, DLF has said that it has received summons from SEBI and that the case was sub-judice as High Court had passed an order on November 20, 2012. "We have adhered strictly to regulatory compliance requirements and will continue to do so," the company added.

Anda sedang membaca artikel tentang

SEBI seeks info on IPO probe, warns penalty against DLF

Dengan url

https://kesehatanda.blogspot.com/2012/11/sebi-seeks-info-on-ipo-probe-warns.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

SEBI seeks info on IPO probe, warns penalty against DLF

namun jangan lupa untuk meletakkan link

SEBI seeks info on IPO probe, warns penalty against DLF

sebagai sumbernya