Date: July 01, 2026
Operational Impact Update
OFAC Sanctions Removal Impact:
- Company has been removed from the sanctions list maintained by the United States Department of the Treasury's Office of Foreign Assets Control ("OFAC")
- Company is now permitted to engage in transactions with U.S. persons and access the U.S. financial system, subject to applicable U.S. laws and regulations
- Removal facilitates U.S. dollar-denominated transactions, subject to compliance with all applicable legal and regulatory requirements
- Expected to facilitate normalization of international business operations and transactions with domestic MNCs
Compliance Measures:
- Company remains committed to maintaining highest standards of regulatory compliance
- Working closely with legal counsel CMS Indus Law to ensure ongoing compliance with applicable OFAC regulations and other relevant laws
- Objective is to avoid any legal or regulatory discrepancies in the future
Other Sections
Not Specified: Financial Results, Dividend Declaration, KMP/Board Changes, Board Meeting Outcomes, Auditor's Report, Disinvestment/Strategic Actions, Media Release/Investor Communication