Awfis Space Solutions Limited — Important, 27-11-2024: Updates

A report has been submitted regarding a violation of the Code of Conduct under SEBI's Prohibition of Insider Trading Regulations by Awfis Space Solutions. It was noted that Ms. Anindita Seal Sarkar, a Vice President in Sales, sold 15,764 shares after obtaining prior approval; however, she also purchased 25 shares without the necessary approval, leading to a contra trade on the same day. The issue has been escalated to the Chairman of the Audit Committee for further action in accordance with company policy. Importantly, there were no previous violations recorded since the last financial year. The transaction was identified during a routine check of the National Stock Exchange website. This situation could lead to scrutiny from regulators and may affect the company's reputation, warranting close attention from investors.