StockWatch
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Residential- Commercial Projects
Regulatory10 Nov 2026, 04:13 pm

Max Heights Infra: SEBI issues administrative warning to Promoter Director

AI Summary

Max Heights Infrastructure Ltd has informed the stock exchanges that its Non-Executive Director and Promoter, Mrs. Mansi Narang, has received an administrative warning letter from SEBI. The letter, dated November 9, 2026, pertains to a minor delay in intimating SEBI about a share acquisition via gift under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The intimation was due by March 20, 2025, but was made on March 25, 2025. The company clarified that this is a cautionary communication and does not impose any monetary penalty or financial liability on the company, thus having no impact on its financial or operational activities.

Key Highlights

  • SEBI issued an administrative warning to a Promoter Director.
  • Warning relates to a minor delay in share acquisition disclosure.
  • No financial penalty or operational impact on the company.
  • Letter serves as a cautionary communication for future compliance.