11/29/2022 | Press release | Distributed by Public on 11/29/2022 09:41
Notice No. | 20221129-56 | Notice Date | 29 Nov 2022 | |||
Category | Compliance | Segment | General | |||
Subject | SAT Order in the matter of GDR issue of Lyka Labs Ltd. | |||||
Attachments | SAT order in Lyka.pdf ; | |||||
Content |
To<_o3a_p>
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All Trading Members of the Exchange<_o3a_p>
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Sub: SAT Order in the matter of GDR issue of Lyka Labs Ltd.<_o3a_p>
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In continuation to the Exchange Notice No. 20200605-49 dated June 05, 2020, on the captioned matter.<_o3a_p>
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The Hon'ble Securities Appellate Tribunal (SAT) vide its order dated November 23, 2022, had inter-alia stated that, while affirming the order of the WTM for the violation committed by the Company, we reduce the direction of debarment of three (3) years to the period undergone.<_o3a_p>
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A copy of the said Order is attached herewith and available on the SEBI website www.sebi.gov.in.<_o3a_p>
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Trading members are advised to take note of the same and ensure compliance.<_o3a_p>
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Jeevan Noronha Shubham Benere<_o3a_p>
Regulatory Correspondence Regulatory Correspondence <_o3a_p>
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Date: November 29, 2022