SEPC Ltd Challenges TCIL Banning Order

SEPC Ltd has received a banning order from Telecommunications Consultants India Limited (TCIL) concerning a previously cancelled Smart Prepaid Metering Project in Punjab. SEPC Ltd strongly contests the order, disputes all allegations, and has immediately challenged it before the appropriate authorities. The company is pursuing legal remedies to seek a stay and quashing of the order, aiming to safeguard its business interests and shareholder value. SEPC Ltd will keep the stock exchanges informed of material developments.