Financial Daily from THE HINDU group of publications
Friday, Nov 29, 2002
Financial Daily from THE HINDU group of publications Friday, Nov 29, 2002 |
|
|
|
|
|
Home Page
-
Open Offers Corporate - Open Offers Grasim still confident Our Bureau
MUMBAI, Nov. 28 GRASIM has said it is considering its future course after detailed consideration of the today's SAT order by its legal advisors. "The main appeal on merits is still to be heard by SAT," said Grasim in a statement today. "As per the legal advice received, Grasim is confident that the result of the investigation should be in favour of Grasim," said the statement. Today's SAT order is on Grasim's application of November 20 seeking urgent interim relief for proceeding with its open offer. Grasim's earlier appeal to SAT made on November 18, seeks, among other things, quashing or setting aside of SEBI's decision to order an investigation.
Send this article to Friends by
E-Mail
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |
Copyright © 2002, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|