Corporate Announcement
Security Code : 500043    Company : BATAINDIA    
 
Announcement under Regulation 30 (LODR)-UpdatesDownload PDF Download XBRL
  Exchange Received Time  13/03/2018 14:34:10         Exchange Disseminated Time   13/03/2018 14:34:15              Time Taken   00:00:05
We refer to the media reports in relation to SEBI asking the Company to probe suspected earnings leak on WhatsApp. Based on the information available on the website of SEBI, we understand that the Whole Time Member, SEBI, by its order dated March 12, 2018, bearing reference no. WTM/MPB /ISD/149/2018 ('Order'), has asked the Company to, inter alia, (i) conduct an internal inquiry into the alleged leakage of unpublished price sensitive information relating to its financial results for the quarter ended December 31, 2015 and file the inquiry report with SEBI; and (ii) forthwith strengthen its processes/ systems/ controls to ensure that such instances of leakage of unpublished price sensitive information do not recur in the future and submit a report, inter alia, on the present systems and controls and how controls have been strengthened along with the inquiry report.
 

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