Clarification24 Apr 2026, 01:27 pm
Orient Beverages Clarifies Delay in SEBI Regulation 30 Disclosure
AI Summary
Orient Beverages Ltd clarified the delay in submitting the disclosure regarding the appointment of Shri Raj Kumar Singh as an Additional Director, as required under Regulation 30 of SEBI (LODR) Regulations, 2015. The delay was attributed to traffic restrictions in Kolkata due to the Hon’ble Prime Minister's visit for election campaigning on April 23 and 24, 2026, which disrupted access to the office and affected operational facilities. The company has resubmitted the disclosure with the clarification and assured that steps are being taken to strengthen internal processes to prevent future delays.
Key Highlights
- Delay in disclosure of Additional Director appointment due to traffic restrictions.
- Restrictions caused by Prime Minister's visit to Kolkata for election campaign.
- Company resubmitted disclosure with clarification and regrets the delay.
- Orient Beverages commits to strengthening internal processes for compliance.
- Kolkata Police issued notification regarding traffic regulations during the visit.
Price Impact
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