Key Quantitative Figures
No quantifiable financial impact disclosed. The company explicitly states "None" for impact on financial, operational or other activities quantifiable in monetary terms.
Dates of Action
- Date of SEBI warning letters: October 30, 2026 (date of receipt)
- Relevant business update period: Quarter ended June 30, 2025
- Business update disclosure date: July 03, 2025
- Trading window closure period: July 01, 2025 to August 03, 2025
- Date of result declaration: August 01, 2025 (for quarter ended June 30, 2025)
- Disclosure filing date: October 31, 2026
Parties Involved
- Regulatory authority: Securities and Exchange Board of India (SEBI)
- Individuals receiving warning: Shri Balram Garg (Promoter & Managing Director), Shri Vijay Panwar (Company Secretary and Compliance Officer)
Nature of Violation
Failure to maintain structured digital database in relation to unpublished price sensitive information. Specifically relates to business update given by the Company for the quarter ended June 30, 2025.
Company's Submission
The company acknowledges it did not maintain the structured digital database for the said business update. However, it notes that the trading window was closed for designated persons and their immediate relatives from July 01, 2025 until two days after the declaration of results for Q1 June 2025 on August 01, 2025 (i.e., till August 03, 2025).
Financial/Operational Impact
As per the disclosure table: "None" - no impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms.