Aadi Industries Ltd. - Intimation Regarding Penalties Imposed On Promoter Director Of The Company By Adjudicating Officer Of
06/05/2019 19:56
This is to inform you that the Promoter Director of the Company Mr. Rushabh Jitendra Shah and relative Mr. Minesh Devendra Shah whofailed to make disclosures under regulation 13(1), 13(3) and 13(5) of SEBI (Prohibition of Insider Trading) Regulations, 1992 and Regulation 29(1), 29(2) and 29(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011(SAST regulation) in examination during January 2013 to December 2014 have been penalized for Rs. 25 Lakh and Rs. 5Lakh respectively by SEBI vide its order dated May 2, 2019.
The complete Order can be viewed or downloaded from the below provided link and the same is available on the website of the Company.
https://www.sebi.gov.in/enforcement/orders/apr-2019/adjudication-order-in-the-matter-of-aadi-industries_42887.html