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Oriana Power LimitedImportant, 10-03-2025: Updates

10-03-2025 | 06:39 pm

Securities and Exchange Board of India (SEBI) has issued an administrative warning letter to Oriana Power Limited for an alleged violation of Regulation 167(6) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company has acknowledged receipt of the letter, dated February 28, 2025, on March 2, 2025, and is committed to taking necessary actions to address the concerns outlined in the communication. Importantly, the company stated that this warning does not have any quantifiable impact on its financial or operational activities. Investors should monitor the situation closely for any further developments that could affect the company's standing.

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