Presstonic Engineering Limited — Important, 25-11-2024: Updates

Ms. Kodipadi Yerkadithaya Supriya Murthy, Non-Executive Director of Presstonic Engineering Limited, has received an administrative warning letter from the Securities and Exchange Board of India (SEBI) due to the non-disclosure of a Cheque Bouncing matter in the company's offer document. The violation involved her prior conviction in 2015 related to the same issue, which was resolved as per court order that year. Despite being appointed to the board in 2023, this information was not disclosed by her to the Lead Manager. Importantly, the company stated that this incident does not have any financial or operational impact on its activities.