Board Meeting7 April 2026 at 07:04 am
Ahluwalia Contracts Complies with SEBI LODR Regulations After NSE Warning
AI Summary
Ahluwalia Contracts (India) Ltd. has addressed a clarification from the National Stock Exchange (NSE) regarding the non-compliance of SEBI (LODR) Regulations, 2015. The company held its Risk Management Committee meetings on 13th February 2023 and 10th November 2023, with a gap of 270 days, which is more than the allowed 180 days between meetings. The company acknowledges the oversight and ensures future compliance with Regulation 21(3C) of SEBI LODR. The delay in informing the Stock Exchange was unintentional and will be avoided in the future.
Key Highlights
- Ahluwalia Contracts addressed a clarification from NSE regarding non-compliance of SEBI (LODR) Regulations, 2015.
- The company held Risk Management Committee meetings on 13th February 2023 and 10th November 2023 with a gap of 270 days.
- The company acknowledges the oversight and ensures future compliance with Regulation 21(3C) of SEBI LODR.
- The delay in informing the Stock Exchange was unintentional and will be avoided in the future.