SEPC Limited intimates cancellation of its ₹230 crore work order from MOIL Limited, a government undertaking.
The cancellation results in forfeiture of SEPC's Earnest Money Deposit (EMD) amounting to ₹50 lakhs.
Disclosure is made pursuant to SEBI LODR Regulation 30 and circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123.