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Mos Utility LimitedImportant, 05-03-2025: Updates

05-03-2025 | 01:15 pm

NSE Limited has issued a cautionary notice to MOS Utility Limited regarding a delayed disclosure of the Board meeting outcome from July 10, 2024, concerning the incorporation of a subsidiary company. The disclosure was submitted five minutes late due to an unforeseen technical issue with the filing portal. However, there has been no financial impact from this incident, and the company resolved the issue promptly within 24 hours. The company expressed regret for this oversight and emphasized its commitment to regulatory compliance. The matter will be addressed in the upcoming Board of Directors meeting, reinforcing the need for improved diligence to prevent similar occurrences in the future. Investors should monitor for any further developments.

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