Silgo Retail Limited — Important, 20-03-2025: Updates

The Board of Directors has responded to a notice from the NSE regarding non-compliance with Regulation 31 of the SEBI Listing Regulations, which resulted from a technical issue at the Central Depository Services Limited (CDSL). This glitch delayed the generation of beneficial ownership data for timely processing, causing the company to miss compliance deadlines. The fine for the incident totals ₹2,360, including GST. The company has communicated with the NSE to clarify the situation and is committed to ensuring timely compliance moving forward. Management is actively taking steps to prevent similar occurrences and prioritize regulatory obligations. Investors should watch closely for further developments and the effectiveness of the measures implemented.