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| Exchange Received Time 16/11/2018 17:34:30 Exchange Disseminated Time 16/11/2018 17:34:38 Time Taken 00:00:08 | At the outset, we would like to clarify that the reference made in the News Article so far as it relates to receipt of a SEBI notice by our Company is incorrect. We would like to clarify that the Company has, in the past, exchanged correspondence with SEBI in respect of the share transfers referred to in the News Article and we feel that the same may have been construed to be a notice in the News Article.
In any case, we are in the process of examining our prior correspondence with SEBI and shall be in a position to provide additional clarification on the News Article after perusing our records by 23rd November 2018.
In the meanwhile, we clarify that:
(a) in view of the aforesaid the Company does not consider the News Article to have any impact on the Company; and
(b) the Company is not aware of any information required to be announced under Regulation 30 of the SEBI (LODR) Regulations 2015 which has remained to be disclosed to the exchanges.
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