Privi Speciality Chemicals Limited — Important, 28-03-2025: Updates
Privi Speciality Chemicals has received a cautionary letter from the BSE and NSE regarding non-compliance with regulatory requirements related to the timely disclosure of investor and analyst meetings. The letter indicates that the company failed to provide the necessary announcement at least two working days in advance of the specified meetings, which violates SEBI guidelines. This oversight is viewed seriously by the exchanges, urging the company to exercise due diligence and implement corrective measures to prevent future lapses. The company is also advised to present this cautionary letter to its Board of Directors and communicate the steps taken to ensure compliance moving forward. Shareholders should monitor this situation closely, as further infractions could lead to stricter regulatory actions.
