Key Event
Certain Directors of the Company received an Ex-Parte Interim Order issued by the Securities and Exchange Board of India (SEBI) vide Order No. WTM/KM/IVD-1/ID-17/32480/2026-27 dated 09-07-2026. Subsequent media reports referenced Osiajee Texfab Limited in connection with this order.
Company Clarification
- Osiajee Texfab Limited is neither a noticee nor a party to the SEBI interim order
- No directions or restrictions have been imposed upon the Company under the said order
- The interim order was not passed against the Company
- The proceedings concern certain individuals in their personal capacities
Business Impact
- Company continues to conduct business operations in the ordinary course
- No impact on day-to-day operations or obligations towards shareholders, customers, lenders, employees or other stakeholders
- All consolidated business activities, customer relationships, vendor engagements and commercial commitments continue as usual
- No adverse impact on Company's day-to-day business activities
Additional Information
The Company issued a Press Release (Annexure-I) to provide accurate information to investors and the public. The clarification is being issued to ensure transparency and prevent misunderstanding from media reports.
Management Statement
The Board of Directors and management remain fully committed to maintaining the highest standards of corporate governance, transparency and regulatory compliance. The Company continues to operate with dedication and professionalism and remains confident about future growth prospects.