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Tribunal Orders Fresh Sebi Probe In Acc Case

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Our Markets Bureau BUSINESS STANDARD

The Securities Appellate Tribunal has reopened the Gujarat Ambuja-ACC case.

It had directed the Securities and Exchange Board of India (Sebi) to ascertain again whether Gujarat Ambuja Cements gained management control of ACC after it acquired a stake of 14.45 per cent in it from the Tatas.

The tribunal said today Sebi should conduct an investigation to find out whether the watchdog

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First Published: Oct 26 2002 | 12:00 AM IST

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