Disclosure under Regulation 30 of SEBI Listing Regulations
UltraCab (India) Limited (Scrip Code: 538706) has disclosed receipt of an Adjudication Order from the Securities and Exchange Board of India (SEBI) dated August 07, 2026.
Nature of the Order
The Adjudicating Officer of SEBI has passed an order imposing a penalty of ₹5,00,000 (Five Lakh Rupees) jointly and severally on certain promoter/promoter-group entities of UltraCab (India) Limited.
Details of Violation
The penalty relates to inadvertent non-disclosure by certain promoter and promoter group entities regarding changes in their shareholding during the quarters ended September 2023 and December 2023. The violation pertains to Regulations 29(2) and 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Date of Receipt
The company received the order on August 07, 2026.
Financial and Operational Impact
The company explicitly states that there is no material impact on the financial, operational or other activities of UltraCab (India) Limited. The penalty has been imposed solely on the concerned promoter/promoter-group entities and not on the company itself.
Company Representation
The disclosure was signed by Pankaj Vasantbhai Shingala, Whole-time Director (DIN: 03500393) of UltraCab (India) Limited, and submitted to BSE Limited on August 08, 2026.