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<a href="http://www.accessmylibrary.com/article-1G1-100234602/clariant-pay-interest-colour.html" title="Facts and information about CLARIANT TO PAY INTEREST TO COLOUR CHEM INVESTORS (as directed by Securities Apellate Tribunal).">CLARIANT TO PAY INTEREST TO COLOUR CHEM INVESTORS (as directed by Securities Apellate Tribunal).</a>
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CLARIANT TO PAY INTEREST TO COLOUR CHEM INVESTORS (as directed by Securities Apellate Tribunal).
(From India Business Insight)
The Securities Appellate Tribunal (SAT) has directed Clariant International (Clariant) to pay the investors of Colour Chem an interest of 15%/y for delaying the open offer. SAT has directed that the interest is payable to only those shareholders involved in the open offer and to those holding the shares as on 24 Feb 1998. Clariant had approached SAT for …
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