
Informed Technologies India Ltd Explains Disclosure Delay
Informed Technologies India Ltd has provided a clarification regarding the delay in disclosing a material event, specifically the closure of its business operations. The company attributes the delay to an inadvertent oversight in its internal processes for timely dissemination of information to the stock exchange. They have since taken steps to rectify the situation and have strengthened their internal monitoring and compliance mechanisms to prevent future occurrences, adhering to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Company explains delay in disclosing material event.
- Delay attributed to inadvertent internal process oversight.
- Internal compliance mechanisms strengthened to ensure timely disclosures.
- Adherence to SEBI (LODR) Regulations, 2015 emphasized.
Price Impact
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