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| Exchange Received Time 07/05/2018 21:45:34 Exchange Disseminated Time 07/05/2018 21:45:36 Time Taken 00:00:02 | Dear Sirs,
This is in continuation to our earlier letter dated March 19, 2018 wherein we had informed that in the matter of Show Cause Notice dated August 20, 2015, SEBI vide order dated March 16, 2018 has imposed a fine of Rs. 10 lacs on the Company and WK 3 lacs each on certain executives ofmthe Company for certain delayed disclosures under the Listing Agreement and the Insider Trading
Regulations. In this regard, we wish to inform you that based on legal advice, the Company along with its executives (including ex-executives) today filed an appeal before the Securities Appellate Tribunal, Mumbai against the aforesaid order issued by SEBI,
You are requested to take the information on record |
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