06:33 PM, 4th May 2023
This is with reference to our earlier announcements dated April 01 2023 and April 05 2023 intimating the penalty imposed by adjudication order passed by SEBI against the Company and its officers pertaining to SEBI (Prohibition of Insider Trading) Regulations 2015 vide SEBI Adjudication Order No. Order/VV/PSS/NK/2022-23/25473-254 dated March 31 2023. In this regard we have received a Corrigendum dated May 03 2023 to the said Order informing us that there was an inadvertent typographical error with respect to penalty mentioned in words imposed on Mr. Markand Adhikari. In the said Order SEBI has erroneously mentioned the amount of penalty in words Rupees Ten Lakhs instead of Rupees Twenty Lakhs.By this Corrigendum SEBI has rectified the amount of penalty imposed in words on Mr. Markand Adhikari to Rs. 2000000/- (Rupees Twenty Lakhs Only).