ALPHA TRIBE

Onelife Capital Advisors LimitedImportant, 23-12-2024: General Updates

23-12-2024 | 08:22 pm

SEBI has issued an administrative warning to Onelife Capital Advisors Limited for a minor delay in disclosure obligations. The company’s Board has confirmed that corrective actions were implemented prior to the warning and assured a commitment to timely future disclosures. Additionally, the company incurred a fine of ₹4.55 crore for a delay in appointing a Director, which has now been rectified. The Board stated that the delay was unintentional and has taken swift action to appoint the missing Director. These steps reflect a proactive approach to governance, mitigating potential risks in regulatory compliance. Shareholders should monitor ongoing compliance measures closely.

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