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Swaraj Engines Ltd - Swaraj Engines Limited - Addendum |
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(22 Feb 2024) |
Subject: Addendum to Intimation dated 22nd Feb, 2024 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015This is with reference to our intimation dated 22nd February, 2024 filed earlier, the same may be read as follows with some additional information: The Company has received a notice form the Office of Official Liquidator (Ministry of Corporate Affairs), High Court of Karnataka along with the copy of Order of Hon ble High Court of Karnataka, Bengaluru demanding an amount of Rs. 28,82,183/- in relation to CA No. 24/2007. The aforesaid demanded amount of Rs. 28,82,183/- includes interest of Rs. 19,02,360/- as due to M/s The Mysore Kirloskar Limited (in Liquidation). On the above, it may be noted that the Company will file an appeal with the appropriate authority and the Company is hopeful of a favourable outcome and does not reasonably expect that the said notice to have any material financial impact on the Company.The notice dated 19th February 2024 has been received by the Company on 21st February 2024 around 12:00 Noon.The details of the above Order, as required under Clause 20 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023 is enclosed as Annexure A.You are requested to kindly take note of the above. |
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