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Trading & Distributors
Clarification25 May 2026, 02:21 pm

Gini Silk Mills Clarifies Delay in Board Meeting Outcome Submission

AI Summary

Gini Silk Mills Ltd. addressed the delay in submitting the outcome of its Board Meeting held on May 22, 2026. The meeting, which commenced at 3:00 PM and concluded at 3:30 PM, faced technical compilation and uploading issues, causing a delay in disclosure. The company clarified that the delay was unintentional and without any mala fide intention, and the outcome was submitted immediately upon completion of the process. Gini Silk Mills regrets the delay and has implemented measures to ensure timely compliance with SEBI (LODR) Regulations, 2015 in the future.

Key Highlights

  • Gini Silk Mills clarifies delay in submitting Board Meeting outcome.
  • Technical issues caused delay in uploading the outcome on BSE portal.
  • The company asserts the delay was unintentional and without mala fide intent.
  • Measures implemented to ensure timely compliance with SEBI regulations.
  • Board Meeting was held on May 22, 2026, from 3:00 PM to 3:30 PM.