This is to inform you that observation received by exchange regarding the Non Compliance of the provision of Regulation 3(5) and 3(6) of SEBI (Prohibition of Insider Trading) Regulation 2015 was place before the Board at its meeting dated 11.08.2023. The Board took note of the same and it was informed that the company was duly installed the relevant software for maintenance of the Structural Digital Database pursuant to the provision of Reg 3(5) and /or Reg 3(6) as aforesaid recently even before the company was maintaining the records manually. Though there was some delay caused in the installation of the software but at present the Company is duly Compliant with the aforesaid provision and the software has been successfully installed and the database is being maintained.The Board further ensured to abide by all the applicable regulations time to time and timely entry of all required information in the database in future as per the aforesaid regulation.
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