Speciality Restaurants Limited — Others, 14-11-2024: Action(s) taken or orders passed

Speciality Restaurants Limited has disclosed that it issued warrants totaling Rs. 127.23 Cr on a preferential basis, with 60,00,000 units involved. Some warrants matured and could not be retained under the mandated lock-in period as per SEBI regulations. Following this, the National Stock Exchange issued an advisory urging the Company to exercise caution in future transactions. This matter will be discussed at the upcoming board meeting. The Company reassures stakeholders that this issue does not affect its business operations. Investor sentiment may remain neutral amidst increased scrutiny on compliance and governance practices.