Date: July 31, 2026
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Board Meeting Outcomes
Not Specified
Financial Results
Not Specified
Disinvestment / Strategic Actions
Not Specified
Other Operational / Legal / Strategic Disclosures
Mr. Kanwar intimated the company that his appeal dated April 15, 2026 filed under Section 11 of the Passports Act, 1967 against the revocation of his passport has been dismissed by an Order dated July 23, 2026 passed by the Joint Secretary (PSP) & Chief Passport Officer (CPO), Ministry of External Affairs. The order was received by him on July 29, 2026.
Mr. Kanwar informed that the appeal was disposed of without providing him any opportunity of representing his case, which he claims is contrary to the proviso to Section 11(5) of the Passports Act, 1967. This provision mandates that a reasonable opportunity must be given before disposing of an appeal.
Mr. Kanwar is in the process of taking appropriate steps for filing a rectification/clarificatory/appropriate application regarding the said order.
Mr. Kanwar has assured that he remains fully mindful of his fiduciary duties and will continue to keep the Board promptly informed of any material developments. He advised that statutory authorities be informed accordingly in a fair and transparent manner.
The company commits to keeping the stock exchanges informed of any material developments in this matter as and when required, in accordance with applicable laws and regulations.