The promoters of BSL (formerly Bhilwara Synthetics) have moved the Securities and Exchange Board of India (Sebi), alleging violation of the takeover code by the Sardas, who have mounted a hostile takeover attempt.
A top BSL official said,

The promoters of BSL (formerly Bhilwara Synthetics) have moved the Securities and Exchange Board of India (Sebi), alleging violation of the takeover code by the Sardas, who have mounted a hostile takeover attempt.
A top BSL official said,
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First Published: Sep 14 2002 | 12:00 AM IST