|
| Exchange Disseminated Time 23/11/2016 13:25:15 | PVR Ltd has informed BSE that the Company and its Chairman and Managing Director, Mr. Ajay Bijli have received a show cause notice dated November 22, 2016 from the Securities and Exchange Board of India in relation to (i) alleged violations committed by Mr. Ajay Bijli of Clause 49D of the erstwhile Listing Agreement and corresponding Regulation 17(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR”); and (ii) alleged violations committed by the Company of Clause 36 of the erstwhile Listing Agreement and corresponding Regulation 30 of LODR.
The Company is reviewing the show cause notice and is in the process of seeking legal advice to take appropriate action in the said matter. |
|
|