Ebix Limited submitted a clarification letter to the Listing Compliance Department of BSE Limited in response to an email from the exchange regarding a delay in a regulatory disclosure.
The company had made a disclosure to the stock exchange on May 23, 2026. This disclosure was in response to an order/email from BSE that was issued on May 21, 2026.
The company explains that the order came to the attention of the concerned team on the day after it was issued (May 22, 2026). Upon receipt, the company immediately began a review process which included: assessment of materiality and regulatory implications, verification of relevant facts, and completion of a requisite review process to ensure the disclosure was complete, accurate, and duly verified.
Ebix Limited characterizes the two-day delay as "procedural in nature" and states it arose from ensuring the information furnished to the exchange was properly verified. The company explicitly states there was "no intent whatsoever to delay dissemination of any material information or withhold any information."
The letter is signed by Urvashi Upadhyay, Company Secretary & Compliance Officer, and includes the company's corporate office address in Delhi and contact information.